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.
Deal signed for a 600MW coal-fired power plant to be completed in 45 months.
Doosan wins order for 2 x 1200MW coal fired power plants, final agreement for project to be signed in 2H11.
Looks to diversify into nuclear power, aims to increase proportion of clean energy in generation mix to 25% by 2017.
Company gets approval for 895MW coal-fired power project. Costs estimated to be US$2.2-3bn.
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.
Coal-fired 1240MW power plant to be completed by 2015, will use local anthracite coal.
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.
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.
Power utility MBD Energy set to add algae CO2 capture system to three power plants.
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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