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Thermal

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Wholesale Energy Trade to Boost the Growth of Utility Markets in Europe

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  • November 2010
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Internally, the European Union (EU) has abolished trade barriers, adopted a common currency, and is striving toward convergence of living standards. Economic growth in Europe is expected to be just below 3% in the short run but it is assumed th...

Ashuganj Power Station Announces Project Financing for Gas-Fired Combined Cycle Power Plant in Bangladesh

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  • October 2012
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Ashuganj Power Station Company Ltd. (APSCL) announced the project financing for the development of a gas-fired combined cycle power plant in Bangladesh in May 2012. The state-owned company signed a deal with a consortium from Sweden and Spain t...

Independent Power Producers: An Answer to the Power Woes in Africa

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  • April 2011
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Independent Power Producers (IPPs) have attained significant growth in Africa. Most countries in the region have opened their power sectors for private participation since 1994. This comes to light with about 15 independent power projects curre...

Det Norske Veritas and Germanischer Lloyd to Merge, Creating a Global Energy Technology Powerhouse

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  • January 2013
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Det Norske Veritas A/S (DNV), a provider of risk management services, and Germanischer Lloyd SE (GL), a provider of classification, verification and engineering consulting services, agreed to merge in order to further expand their service offer...

Wisconsin Energy to Acquire Integrys Energy for $9.1 Billion

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  • August 2014
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Wisconsin Energy Corporation (WEC), a leading provider of electric and natural gas services, has agreed to acquire Integrys Energy Group (Integrys Energy), a diversified energy holding company. Following the acquisition, the combined company wi...

Increased Public Private Partnerships Driving the Power Sector Restructuring in Africa

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  • October 2011
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Public Private Partnerships (PPPs) are driving the growth and restructuring of the power sector in Africa. Most countries in the region have opened their power sectors for private participation since 1994. An increased focus on privatization fr...

Improved Regulatory Support and Technological Advancements Essential for the Development of the Power Sector in the BRIC Countries

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  • November 2012
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The rapid economic development of the BRIC (Brazil, Russian Federation, India and China) countries, along with the increased demand for electricity needed to support this growth, requires a conducive policy framework to attract investments. Gov...

Supergrids Enhancing the Power Supply Reliability of European Countries

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  • December 2012
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The development of Super Grids (SGs) facilitating long distance grid interconnections within and between European countries and their neighboring regions will help in enhancing the reliability of the power supply on the continent. Rising electr...

Trans-Mediterranean Grid Interconnections - An Answer to EU and MENA Energy Security Concerns

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  • April 2013
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A number of industrial initiatives between all major European companies have been proposed to develop a single, fully integrated electricity market across the European Union (EU) and the Middle East and North Africa (MENA) region. The initiativ...

Snapshot of Trinidad and Tobago Power Market 2012

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  • June 2013
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Trinidad and Tobago is the leading producer of oil and gas and net exporter of petroleum products in the Caribbean region. Natural gas is the primary fuel for power generation in the country. The power sector is regulated and the government-own...

Dominion Virginia Plans to Invest $1.1 Billion in Brunswick Natural Gas-Fired Power Project in North Carolina, the US

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  • March 2012
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On February 28, 2012, Dominion Virginia Power (Dominion) announced that it intends to build the Brunswick County Power Station (BCPS), a combined-cycle gas-fired in North Carolina, the US. The company plans to seek permission later this year fr...

Duke Energy Merges With Progress Energy: Largest Power Firm Created in the US

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  • March 2011
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Duke Energy Corporation received approval of a definitive merger agreement with Progress Energy, Inc. Duke Energy Corp. will buy Progress Energy, Inc. for $13,700m in stock, creating the largest US utility and increasing its ability to build ne...

High Plains Diversified Acquires Odessa Natural Gas Facility from PSEG: Adding Diversity to Electricity Generation

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  • April 2011
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High Plains Diversified Energy Corporation (HPDEC) made an agreement with PSEG Power on January 13, 2011 to purchase, through bond financing of $335m, their 1,000-MW natural gas-powered generation facility located near Odessa, Texas. This is in...

Oglethorpe Power to Acquire Murray I and II Combined Cycle Power Plants from KGen Power: Meeting The Rising Electricity Demand

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  • April 2011
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On January 31, 2011, Oglethorpe Power Corporation announced the acquisition of 100% equity stake in Murray I and II combined cycle power plants located near Dalton, Georgia from an affiliate of KGen Power Corporation. These facilities consist o...

New York University Invests $125m for a Cogeneration Plant: Enhancing their Overall Sustainability

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  • April 2011
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On January 25, 2011, New York University (NYU) announced the completion of its natural gas-fired Co-Generation (CoGen) plant. NYU has completed an investment of $125m in the upgrading of the CoGen plant and renovation of Mercer Public Plaza. Th...

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