Mitsubishi Hitachi Power Systems (MHPS) and construction company Daelim Industrial have jointly secured a contract to supply an ultra-supercritical-pressure boiler to the proposed 1,000MW Shinseocheon thermal power plant in South Korea. Being developed by Korea Midland Power (Komipo) at a site approximately 200km south of Seoul, in the Seocheon County of Chungcheong Province, the coal-fired power plant is p ...

A study of possible effects from the power plant and Klong Rua coal transport pier was funded by the Electricity Generating Authority of Thailand (Egat). The findings were disclosed at a press conference hosted by the Institute for Population and Social Research and Egat at Mahidol University on Monday. Sarawut Jehsoh, a researcher from the Prince of Songkla University Faculty of Science and Technology, ins ...

The Electricity of Viet Nam (EVN) and the Viet Nam Coal and Mineral Industries Group (Vinacomin) have assured electricity prices will remain unchanged until the end of the year. The commitment was made following public concern about the possible electricity price hike after these groups reported a loss caused by fluctuations in foreign exchange rates. Earlier this month, three large conglomerates of the Min ...

Years of surging economic growth that spurred sales of luxury goods — Louis Vuitton handbags, Tiffany rings, BMW 5-Series cars — as well as mundane items like KFC chicken and Kone elevators already had given way to the deepest slowdown since 1990. Chinese policy makers on Tuesday added to the pain for international companies by devaluing the yuan by the most in two decades, sending shares of automakers, lux ...

Coal is having a rough year. Between President Obama’s new Clean Power Plan, the pope’s moral pronouncements on climate change and the abundance of cheap natural gas, there’s not a lot of love for the combustible black rock that still provides 29 percent of the world’s energy. If coal were a movie hero, it would be Rocky: a tough American working-class underdog who peaked decades ago and is ready to put up ...

Wind turbine makers Suzlon is wrapping up the “last patch of paperwork” before launching its latest turbine, the S-111. Rival Gamesa has just begun selling its latest wind turbine, the G-114, and says it will begin serial production later this year. “The supply chain is being established,” says the company. Both firms have said their products will generate 20 per cent more power than their predecessors, at ...

Ansaldo Energia, 44.8% owned by Fondo Strategico Italiano, has been awarded three major contracts in Egypt worth over EUR 240 million. The first two, Al Shabab and West Damietta, cover the conversion to combined cycles of two power plants owned by Egyptian Electricity Holding Co., the Egyptian Government Electricity Authority, which manages over 90% of the country’s power generation capacity. They entail th ...

President Park Geun-hye on Friday pledged to transform Jeju into one of the world's best islands in terms of smart-tourism and energy self-sufficiency, during her visit to a new innovation center there. The Ministry of Science, ICT and Future Planning joined forces with Daum Kakao Corp., the operator of the country's most popular messaging app, KakaoTalk, and the Internet portal Daum, to open the 1,924-squa ...

South Korea plans to build two new nuclear reactors within the next 15 years in an effort to revive its nuclear power footing for energy, the government announced Monday. The addition will increase the number of reactors to 39 by 2029. Currently, Korea has 23 reactors nationwide. The expansion of nuclear power is included in the seventh "basic plan for long-term electricity supply and demand," which covers ...

A venture set up last month by Tokyo Electric Power (Tepco) and Chubu Electric Power to handle their fuel business aims to become the cheapest liquefied natural gas (LNG) buyer in East Asia, its president said in an interview. Jera is set to become the world's single biggest buyer of LNG - exceeding Korea Gas Corp with annual purchases of nearly 40 million tonnes once it fully integrates the partners' fuel ...