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    Orsted, Northland Power win big in first Taiwan offshore wind auction Orsted, Northland Power win big in first Taiwan offshore wind auctionRecharge: Global pacesetter Orsted emerged as the big winner in Taiwan’s first offshore wind auction, winning 920 MW in a competitive process that awarded 1.66 GW and followed May's allocation by the country of an initial 3.84 GW. Orsted said its winning price across the two projects in the Changhua region was TWD2,548/MWh, equivalent to about ...
    IEFFA Update: Looking for innovation in the wrong place, ExxonMobil opens an energy-trading desk IEFFA Update: Looking for innovation in the wrong place, ExxonMobil opens an energy-trading deskExxonMobil is said to be seeking a much-needed lift through an initiative on which the company has issued no official detail but that will vastly expand its trading capabilities. Hopes are, evidently, that by opening a bigger energy-trading desk Exxon—through speculation—can reverse its trend over the past decade toward shrinking profits, a trend driven by the ...
    IEEFA op-ed: Latest Puerto Rico utility privatization plan is as flawed as the original IEEFA op-ed: Latest Puerto Rico utility privatization plan is as flawed as the originalIn its version of a bill to privatize the Puerto Rico Electric Power Authority, the Puerto Rico legislature has improved some on Governor Ricardo Rosselló’s original proposal, but lawmakers are ultimately failing the Puerto Rican people every bit as badly as Rosselló has. We’ve criticized the governor’s original privatization proposal for essentially aiming to set up ...
    India’s NTPC cancels plans for massive coal plant India’s NTPC cancels plans for massive coal plantThe Hindu: In a big blow to the development of North Andhra, four mega projects sanctioned for Visakhapatnam including the 4x1000 MW ultra-modern power project by the NTPC at Pudimadaka have been shelved due to various reasons. Touted as the largest single investment after formation of Sunrise Andhra Pradesh, the NTPC project was dropped on the directive ...
    Column: Coal optimism in Australia hides unease about long-term problems Column: Coal optimism in Australia hides unease about long-term problemsReuters: BRISBANE—Coal miners supplying Asia’s rapidly growing economies have plenty to be optimistic about as prices and demand appear robust, but they should be wary of getting caught up in the positive feedback loop that nearly destroyed them before. This week’s inaugural Energy Mines and Money conference in Brisbane, the heartland of the industry in top coal ...
    Largest Southeast Asia solar plant to be built in Vietnam Largest Southeast Asia solar plant to be built in VietnamNikkei Asian Review: BANGKOK—The power generating arm of Thailand's oldest industrial conglomerate, B. Grimm, has partnered with Vietnamese construction firm Xuan Cau to develop the largest solar power plant in Southeast Asia at a cost of $420 million. B. Grimm Power Public Company CEO Preeyanart Soontornwata said the deal was inked last week in Bangkok, witnessed by ...
    Cayuga coal plant in New York plans natural gas conversion Cayuga coal plant in New York plans natural gas conversionThe Lansing Star: Cayuga Operating Company announced today that they have submitted applications to allow them to close a 155 megawatt coal-fired burner in order to repower it with natural, and that plans are still in motion to construct an 18 megawatt, 75 acre solar farm on its 434-acre site in northwest Lansing, making it one ...
    IEEFA report: Poland’s biggest utility is risking financial instability by doubling down on coal-fired generation IEEFA report: Poland’s biggest utility is risking financial instability by doubling down on coal-fired generationJune 13, 2018 (IEEFA) – New air pollution regulations coupled with rising carbon prices put Poland’s biggest utility, PGE, at serious risk of financial disarray if it continues to pursue a coal-heavy upgrade strategy, concludes a report published today by the Institute for Energy Economics and Financial Analysis. A strategic shift toward a renewable energy-based portfolio ...
    IEEFA Report: China in 2017 Continued to Position Itself for Global Clean Energy Dominance IEEFA Report: China in 2017 Continued to Position Itself for Global Clean Energy DominanceJan. 9, 2018 (IEEFA.org) – China continued to be the world’s dominant force in the building and financing of clean energy technology globally in 2017, according to a report published today by the Institute for Energy Economics and Financial Analysis (IEEFA). The report,  “China 2017 Review: World’s Second-Biggest Economy Continues to Drive Global Trends in Energy ...
    IEEFA Update: Indonesia’s Electric Company Gets Its Bond Deal Done, But Investor Risk Remains IEEFA Update: Indonesia’s Electric Company Gets Its Bond Deal Done, But Investor Risk RemainsLast week was good to PLN, Indonesia’s state owner power company. Despite chaotic emerging bond markets, which had punished the rupiah and pushed yields on Indonesian bonds higher, PLN was able to paddle safely to shore with a successful US$2 billion bond issue. Flexibility was the key to getting the financing done. With guidance from Indonesia’s ...