Electricity

South Korea aims to start commercializing ammonia-fueled power generation from 2030 in a bid to reduce its heavy reliance on coal and LNG in electricity production, the energy ministry said Nov. 17. Under the government initiative, state-run power monopoly of Korea Electric Power Corp., its electricity generating units, a state …

Head of Iran Grid Management Company (IGMC) has said the liquid fuel storages of the country’s power plants are 71 percent full on average, which means that currently there is 400 million liters more liquid fuel available compared to the previous year. According to Mostafa Rajabi Mashhadi, the amount of …

China XD Group Co.’s listed unit gained on a report authorities are advancing plans to combine electricity transmission and distribution equipment makers to create a 110 billion yuan ($17 billion) behemoth. Units of China XD and State Grid Corp. of China would be merged under the proposal to help drive …

Iraq has signed an agreement allowing the cash-strapped Lebanese government pay for one million tonnes of heavy fuel oil a year in goods and services, helping Lebanon ease its acute power shortage, the two sides said on Saturday. Lebanon is in the throes of an economic meltdown threatening its stability. …

Japan expects non-fossil fuel power supply sources to account for roughly 60 per cent of the country’s energy mix in fiscal 2030-31 (April-March) under a draft Strategic Energy Plan released on Wednesday – more than double the 24 per cent share in 2019-20. The country aims to match its 46 …

The demand for global electricity is growing faster than renewable energy capacity and therefore will require more power to be generated from fossil fuels. That’s according to a new report from the International Energy Agency (IEA), which found renewable energy is not expanding quickly enough to meet the strong rebound …

Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year. This is resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, says a new report …

Nearly 25.7% of the total US electricity production in April, came from renewable energy sources, including solar, wind, geothermal, hydropower and biomass. A SUN DAY Campaign analysis of new data released by the US Energy Information Administration suggests solar and wind output during the month was 29.9% and 22.1% greater …

Iraqi officials have said that the country seeks to build eight nuclear reactors to tackle a crippling power shortage in the oil-rich economy. Iraq seeks to build eight reactors capable of producing about 11 gigawatts, Aljazeera quoted Kamal Hussain Latif, chairman of the Iraqi Radioactive Sources Regulatory Authority as saying …

Iraq is working on a plan to build nuclear reactors as the electricity-starved petrostate seeks to end the widespread blackouts that have sparked social unrest. OPEC’s No 2 oil producer – already suffering from power shortages and insufficient investment in ageing plants – needs to meet an expected 50% jump …