UK’s Drax reports 10% increase in full year EBITDA
Profits up on higher margins, thanks to clever hedging strategy. Company looking to develop CCS project.
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Posts Tagged ‘coal-fired’
Vietnam struggles to keep pace with surging power demand
Low water levels at Vietnam’s hydroelectric plants are combining with rapid demand growth and delays in new capacity build to create growing power shortages across the country. Faced with this deteriorating situation the government is beginning to introduce long overdue reform and raise prices in order to attract much needed investment.
Battle over US coal industry heats up
FY2012 budget set to be battleground. Coal industry under pressure from new study, poll. Kentucky senator tries to make state’s coal mining industry exempt from EPA regulation.
Metso to supply emission-reducing automation technology to European power producers
Advanced Process Control technology to reduce NOx emissions and lower unburnt carbon in flue gas.
Vattenfall and RWE sell Rostock coal-fired power asset
Vattenfall and RWE sell stakes in Stadtwerke Rostock to RheinEnergie as part of minority divestment programmes.
Southern Africa: the push for clean power
Continuing our coverage of developing markets, Dr Samuel Fenwick takes a look at ambitious plans to boost the use of renewable energy in Southern Africa as well as a more general look at how the countries in the region are looking to address their power deficit. Africa came out of the global financial crisis relatively …
Bechtel completes work on US$2bn Wisconsin power project
615MW coal-fired unit commissioned after several months of delays.
Energy commodity report: January 11, 2011
Oil pares gains as pipeline expected to return to service shortly, Australian thermal coal prices rise on flooding disruption. EUAs and CERs drop on weak energy complex.
Energy commodity report: January 5, 2011
Oil dips on profit-taking, stronger dollar. US natural gas gains on cold weather. Richards Bay reports marked shift towards the Asian market. EUAs gain on pent-up demand, while CERs hammered by high issuance.
No new coal-fired power plants broke ground in the US in 2010
lack of power demand, low natural gas prices, environmental legislation and litigation prevented new coal-fired plants from breaking ground last year.
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