International

International content outside of Africa

Ethiopian power plant wins Project of the Year 2010 award

[img:Tekeze - Pic 1_0.jpg|The Tekeze hydropower
project in Ethiopia
]Orlando, United States --- ESI-AFRICA.COM --- 20 December 2010 - The Tekeze hydropower project in Ethiopia has won the Project of the Year Award for the renewable/sustainable project category in Power Engineering magazine’s 2010 Projects of the Year Awards.

The winners were announced here at the POWER-GEN international conference and exhibition.
 
This year's Projects of the Year award winners and honourable mentions produced facilities and/or technologies that ushered in breakthrough solutions in four categories: coal-fired, gas-fired, nuclear and renewable/sustainable.
 
The Tekeze hydropower project is located on the Tekeze River, a tributary of the Nile. The US$350 million (R2.4 billion) project ‒ funded by the government of Ethiopia and owned by Ethiopian Electric Power Corporation ‒ adds 40% more energy to the country, and was the largest public works project in Ethiopia's history at the time of construction. Due to the lack of natural resources and the cost of imported fuels, power generation in Ethiopia comes primarily from hydroelectric sources.

New Chevron energy project shows promising results

[img:Chevron - Pic 1_3.jpg|Unusual night shot of
Chevron’s Wafra
oilfield
]Dharan, Saudi Arabia --- ESI-AFRICA --- 20 December 2010 - America’s second-largest energy company ‒ Chevron Corporation ‒ says a pilot project to boost production by injecting steam into an oil field shared by Saudi Arabia and Kuwait is showing “very promising” results.

Videocon to sell shares to fund energy purchases

[img:Dhoot - Pic 1_0.jpg|Videocon ‒ selling
shares to finance
energy purchases
]Mumbai, India --- ESI-AFRICA.COM --- 17 December 2010 - Videocon Industries Limited ‒ India’s biggest consumer-electronics maker ‒ plans to combine its energy assets and sell a stake in the business to help pay debt and fund purchases of oil and gas areas.
 
The company, led by billionaire Venugopal Dhoot, is in talks with investors, including Chinese companies, for the stake sale,” said group finance chief Suresh M. Hegde. Videocon may also sell as much as a 25% stake in its energy unit in an initial public offering within six months “to monetise oil and gas assets,” he added.

Britain’s transformation to a low-carbon economy

[img:Brits - Pic 1 (2)_0.jpg|One of the biggest
clean coal projects
in the U.K. at Hatfield
]London, England --- ESI-AFRICA.COM --- 17 December 2010 - Britain intends extending its low-carbon support scheme to nuclear power and clean coal, in a bid to reassure investors about future returns and to help the transformation to a low-carbon economy.

“We have a once-in-a-generation chance to rebuild our electricity market, rebuild investor confidence, and rebuild our power stations,” energy and climate change secretary Chris Huhne told parliament.

Germany may cut support for solar power

[img:Germany - s_0.jpg|Example of a German
solar farm
]Berlin, Germany --- ESI-AFRICA.COM --- 15 December 2010 - Germany's main centre-left opposition parties have backed calls to make further cuts in support for new solar power installations, which may help the government to bring forward reductions in aid.

Both the environmentalist Greens and Social Democrats (SPD) ‒ who enacted legislation under ex-chancellor Gerhard Schroeder that created the basis for a boom in solar investment ‒ now say they are open to cutting back on the assistance the industry receives.

New US renewable energy and energy efficiency drive

[img:ExportR_0.jpg|Renewable energy ‒
the U.S. has big
export plans
]Seattle, United States --- ESI-AFRICA.COM --- 15 December 2010 - United States Commerce Secretary Gary Locke, together with several other government agencies, has announced a renewable energy and energy efficiency export initiative aimed at doubling renewable energy exports in the next five years

In the first coordinated effort of its kind in the United States, the initiative brings together the Trade Promotion Coordinating Committee Working Group on Renewable Energy and Energy Efficiency; the Export-Import Bank of the United States; the Overseas Private Investment Corporation; the U.S. Trade and Development Agency; and the Office of the United States Trade Representative.

Global clean energy investment could top US$2.3 trillion

[img:65_66Pic3.thumbnail.jpg|Clean energy ‒
looking at incredible
global growth
]Washington, DC, USA --- ESI-AFRICA.COM --- 14 December 2010 - The latest American study shows that private investments in global clean energy projects could top US$2.3 trillion (R16 trillion) in 10 years’ time, with most of the investment taking place in Asia.

This is the opinion expressed in the newly released Pew Charitable Trust report on global clean power, which says the clean energy industry is looking at incredible growth in the next decade.

China and India move to meet power challenge

[img:NewD_0.jpg|New Delhi power
station ‒ of many
Indian and Chinese
facilities clamouring
for more coal
]Kolkata, India --- ESI-AFRICA.COM --- 14 December 2010 - In a bid to provide fuel to feed their rapidly increasing need for power, China and India may increase imports of coal by 78% to 337Mt next year, driving prices to new record levels, and diverting more supplies from Europe to Asia.

New US regulation may discourage biomass projects

[img:Bio.thumbnail.JPG|US power breakdown
on the left, and
renewable energy
breakdown on the right
]Washington DC, United States --- ESI-AFRICA-COM --- 13 December 2010 - The burning of biomass generates more electricity in the United States than wind, solar and geothermal energy combined, but a new regulation scheduled for implementation by the U.S. Environmental Protection Agency (EPA) 2 January 2011 may discourage new biomass projects, including those proposing to convert from coal to biomass.

US needs regularly updated energy policy

[img:Energy - Pic 1_0.jpg|The executive office
of the US President
will play a leading
role in future
energy policy
]Washington DC, United States --- ESI-AFRICA.COM --- 10 December 2010 - The United States should prepare a federal energy policy and update it regularly, according to a report released by the President's Council of Advisors on Science and Technology (PCAST).

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