Electricity

The Three Gorges Hydroelectric Power Station on China’s Yangtze River has generated 103.6 billion kWh of electricity in 2021, according to the China Three Gorges Corporation. The clean energy it produced is estimated to be equivalent to the electricity generated by 31.8 million tonnes of standard coal, respectively reducing carbon …

Turkey raised the price of both electricity and natural gas on Saturday, New Year’s Day, Bloomberg reported. The price increase comes amidst a surge in global energy prices. For electricity, prices have increased between 52% and 130% for households, according to an estimate from Haberturk newspaper. In a statement issued …

Due to the reduction of Iran’s gas exports to Iraq from 52 million cubic meters per day to 8 mcm/d in recent months, the neighboring country’s electricity generation has decreased by 3,400 megawatts, a member of the board of the Iran-Iraq Chamber of Commerce said. Hamid Hosseini said in an …

Iranian Energy Minister Ali-Akbar Mehrabian has said the country is currently able to exchange electricity with Afghanistan, Iraq, Azerbaijan, Turkmenistan, Armenia, and Turkey, IRNA reported. As reported, developing energy diplomacy and exchange of electricity with the neighboring countries has been among the top priorities of the energy minister and in …

Sweden started an oil-fired reserve power plant after Poland said it needed help from its neighbours to meet soaring electricity demand as freezing weather has spread across Europe. It’s the latest chapter in the scramble by European countries to secure adequate supplies in the midst of plummeting temperatures and soaring …

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 …