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2018 Outlook in Review: Global Economic Growth Hinges on Middle-Income Population

...The burgeoning global middle-income demographic plays a big role in the global economy....
       Friday, January 19, 2018 Power

Green Light for First Floating Nuclear Power Plant

...After a two-year delay, the world's first floating nuclear power plant (NPP) has been green lit for operation by the Russian State Expert Examination Board (Glavgosexpertiza)....
       Friday, January 19, 2018 Power

U.K. Confirms End of Coal Power with New CO2 Limits

...The U.K. government has confirmed its 2025 date for the closure of unabated coal-fired plants while also reducing its plans for new gas-fired capacity in the coming decades....
       Thursday, January 18, 2018 Power

U.K. Construction Giant Carillion Collapses

...One of the U.K.'s largest construction companies, Carillion (Wolverhampton, England), has gone into liquidation with combined debts of about £1.5 billion ($2 billion)....
       Wednesday, January 17, 2018 Power

Largest European Battery Project Proposed for Ireland

...Planning permission is being sought for Europe's largest proposed battery storage power project in Kilkenny, Ireland....
       Wednesday, January 17, 2018 Power

Germany Shuts Down Gundremmingen B Nuclear Reactor

...After 33 years of service, Germany's RWE has announced the closure of the Gundremmingen B boiling water reactor in the south of the country as Germany continues its rapid exit from nuclear power....
       Tuesday, January 16, 2018 Power

Daily News Energy Headlines from January 15, 2018

...Scan through a selection of energy-related news highlights that we think will interest our clients....
       Tuesday, January 16, 2018 Production

Brookfield Business Partners to Acquire Westinghouse for $4.6 Billion

...Brookfield Chief Executive Officer (CEO)Cyrus Madon said his company's acquisition of Westinghouse will enhance the company's position as a leader in infrastructure services in the global power generation industry.

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     Graph Monday, January 15, 2018 Power

E.ON Sells Uniper Stake To Fortum for $4.5 Billion

...Germany's E.ON SE (FWB:EOAN) (Düsseldorf) has agreed to sell its 47% share in its fossil-fuel spin-off company Uniper to Finnish energy major Fortum in a deal worth 3.76 billion euros ($4.5 billion)....
       Monday, January 15, 2018 Power

Wind Power Blows Away Old Records

...Wind energy continued its rapid rise throughout Europe in 2017 with generation records being broken across a number of key European countries, including Germany, Denmark and the U.K.....
       Friday, January 12, 2018 Power

Skanska Set to Wrap Up Work on More than $4 Billion in Projects this Year

...Skanska AB is at work on roughly $12.27 billion in active projects in a variety of industries. More than $4 billion worth are expected to finish construction this year, about half of which are to be found in the U.S....
       Thursday, January 11, 2018 Manufacturing

Artificial Offshore Wind Island Proposed for North Sea

...The Dutch grid operator TenneT has proposed the construction of an ambitious artificial island in the North Sea that would operate as a giant power hub to service the increased rollout of offshore windfarms....
       Thursday, January 11, 2018 Power

Encana, Apache's Efforts in Permian, Eagle Ford Help to Offset Losses from Weaker Assets

...Encana and Apache are enjoying solid results from their investments in Texas, where production in the Permian Basin and Eagle Ford Shale is offsetting headwinds both companies are seeing in other regions...
       Wednesday, January 10, 2018 Production

Wales Gas-fired Plant Back On Track

...A new gas-fired power plant designed to back-up renewable energy has moved to the public consultation phase in Wales, U.K.....
       Wednesday, January 10, 2018 Power

China Leads Bidding for Poland's Ostroleka 'C' Coal-Fired Project

...The latest coal-fired power project in Poland is moving forward as the bidding process has now closed with three bidders competing for the proposed 1,000 megawatt (MW) Ostroleka power plant....
       Tuesday, January 9, 2018 Power

RWE Restructures Power Generation Business

...German energy major RWE AG (FWB:RWE) (Essen, Germany) has announced a restructuring of its conventional power generation business and revealed that cuts will be made at its renewable energy company, Innogy, following a profit warning in December....
       Monday, January 8, 2018 Power

Daily News Energy Headlines from January 2, 2018

...Scan through a selection of energy-related news highlights that we think will interest our clients....
       Wednesday, January 3, 2018 Power

Renewable Energy Dominates EU Investment

...Renewable energy continues to dominate investment in Europe with renewables accounting for 86% of all new power added in the European Union (EU) in 2016....
       Friday, December 29, 2017 Power

Europe Agrees Renewable Energy Targets

...Renewable energy targets for 2030 have been agreed by European Union (EU) countries after lengthy debate....
       Thursday, December 28, 2017 Power

France Will Not Abandon Nuclear Power

...French President Emmanuel Macron has come out in support of nuclear power and renewables as the key technologies for reducing the country's CO2 emissions....
       Wednesday, December 27, 2017 Power

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