Vietnam: China’s Wuhan Kaidi Electric Power signs US$645m thermal power plant deal
Deal signed for a 600MW coal-fired power plant to be completed in 45 months.
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Doosan Heavy wins another coal-fired power plant order in Vietnam
Doosan wins order for 2 x 1200MW coal fired power plants, final agreement for project to be signed in 2H11.
India: Tata Power looks to add 1900MW in 2011
Looks to diversify into nuclear power, aims to increase proportion of clean energy in generation mix to 25% by 2017.
USA: Kansas utility wins permission to build coal-fired power plant
Company gets approval for 895MW coal-fired power project. Costs estimated to be US$2.2-3bn.
Energy commodity report: December 16, 2010
Surprise 9.9Mbbl US crude inventory draw-down provides support for WTI, crude hit by stronger US dollar in early trading. Chinese and Indian demand for South African coal down in November.
Doosan wins US$1.3bn contract for Vietnamese power plant
Coal-fired 1240MW power plant to be completed by 2015, will use local anthracite coal.
Energy commodity report: December 14, 2010
Oil sees fall in buying interest ahead of US oil inventory reports, US natural gas up, but milder weather could be ahead. Coal prices rise due to ongoing supply disruptions. China and Indian coal imports to rise dramatically in 2011. EUAs fail to hang onto Cancun momentum while CERs receive boost from low issuance.
Energy commodity report: December 13, 2010
Oil up on OPEC quota decision, Japanese utilities increase fuel oil consumption, global coal markets to tighten in 2011, CERs pull EUAs up on ECX changes to 2013 contract, Cancun outcome.
Australia: Origin oil completes successful algae from flue gas pilot project
Power utility MBD Energy set to add algae CO2 capture system to three power plants.
Energy commodity report: December 10, 2010
Oil up on US jobless report, Chinese oil product demand. US natural gas hit by profit taking. EUAs and CERs drop on lower German power, coal, gas.
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