30 Nov 2011
Argentines can expect to face increases of between a factor 2 and 3, or even more, on their energy and water bills, as the government starts eliminating the increasingly costly subsidies, now approaching as much as US$17bn per year, from various sectors including energy, water and transport.
What happened
With subsidies to the utility sector (among others) taking an increasing share of Argentina’s annual budget to maintain energy and water prices at the levels following the economic crisis of a decade ago, starting November 2, the country’s government, recently re-elected in a landslide vote, has issued a series of announcements to eliminate these subsidies.
Background
In the first announcement on November 2, the government announced that subsidies would...
19 Apr 2012
UN sanctions delay Ethiopia’s power export to Sudan...Energy costs too high for Nigerian Manufacturers...Morocco’s renewable sector offers private sector opportunities...Prysmian Group helps upgrade Libya’s energy sector
Sudan Tribune: UN resolution against Iran to delay Ethiopia’s power export to Sudan
Tesfa-Alem Tekle of the Sudan Tribune reports that UN sanctions on Iran are delaying Ethiopia’s plans to export electricity to Sudan. The sanctions affect the Iranian company, Iran Power and Water Export of Equipment and Services Company (IPWEESC),which build the substations for the electricity export. Ethiopia state Electric and Power Corporation (EEPCo) planned to export of 100MW by May 2012...
04 Apr 2012
As the EU works towards its integrated power market, the European Commission (EC) puts its foot down on competition law violation.
What happened?
Plans for one EU integrated electricity market have come to a grinding halt as the EC investigates a possible violation of EU competition laws between two electricity exchanges, reports Reuters.
Paris-based EPEX Spot and Norway's NordPool Spot, which offer short-term electricity trading platforms hadplanned to establish a joint exchange, extending over half of EU’s spot electricity trades – l formingEurope’s biggest platform for power trading. EC...
16 May 2012
A leaked European Commission renewable energy impact assessment suggests that the EU could generate over 3 million jobs by further developing renewables in the EU.
What happened
Reuters revealed details of a leaked European Commission (EC) draft and impact assessment on renewable energy, which will be officially released late May, 2012. The draft suggests the following :
Free access to emerging renewable energy markets including Brazil, China and India will help the European Union stay ahead in the renewable energy market. This will enhance renewable energy export opportunities
Improved infrastructure will allow EU member states to share...
10 Apr 2012
Sydney project for 100% local power and reduced carbon emissions by 70% by 2030.
What happened
The staff writer at Ecos Magazine interviewed Allan Jones, the man behind Sydney’s ambitious green energy targets. Jones has had success with a similar drive in Woking, London, UK. During his tenure as chief engineer, Woking produced 100% of its power from local energy sources and reduced emissions by 77%.
Background
At Sydney 2030, the City of Sydney details its energy master plan for 2030. The plan to reduce greenhouse gas emissions by 70% by 2030 could also cut...
15 Feb 2012
US Department of Commerce dish out duties on Chinese solar imports … while Co-generation coalition relaunches … a smart grid audit shows security gaps in utilities who received federal funding … and the 15 best cyber security companies who can fill these gaps!
Engerati: After 30 years ... US Nuclear gets another chance!
Engerati reported on the two new nuclear reactors that have been approved for the Vogtle nuclear power plant. The US Nuclear Regulation Commission (NRC) approved licenses to build these two nuclear reactors in Georgia, the first in over 30 years. This despite objections from the Chairman of the commission on issuing the license “as if Fukushima never happened.”
With commentary sourced from the general media, trade media...
08 May 2012
Austria is 100% nuclear power free ... Enel Green Power builds Sicily’s PV plants ... First Solar lets 2,000 employees go.
Energy Central: Austria decides to forgo importing nuclear power by 2015
Energy Central reports that Austria is now 100% free of nuclear-generated power. The country will do away with nuclear power imports (2013 for private households and 2015 for industry customers with long-term contracts) and it no longer operates nuclear power stations of its own.
Austria’s energy utilities have embraced this commitment voluntarily. The decision comes on the back of a nuclear summit between...
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