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NSW Regulators Unleash Power Prices With 60 Percent Price SignalGerroa, Australia (SPX) Dec 15, 2009 Pricing regulators have unleashed electricity rates with prices set to leap 60 percent in Australia's largest energy market over the next three years. The decision was presented by NSW State "Independent Pricing and Regulatory Tribunal" as a necessary move to support construction of new power generation and the transition to a low carbon energy base. The move sends a welcome price signal to a mix of privately owned fossil fuel and renewable energy producers - that state owned power utilities face an onslaught of competition. ... read more |
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China cracks EU roadworks market via Poland
Warsaw (AFP) Dec 13, 2009China has cracked the European Union's road construction market by winning its first contracts in 2004 bloc entrant Poland to build two stretches of highway. By 2012, just in time for Poland's run as co-host of the European football championships, China Overseas Engineering Group Company (COVEC) is set to complete just over 49 kilometres (30 miles) of the A2 highway linking Warsaw and Berlin ... more Toyota aims to roll out plug-in Prius in two years
Tokyo (AFP) Dec 14, 2009Toyota Motor said Monday that it plans to begin commercial sales of its first plug-in hybrid vehicle in about two years, aiming to meet growing demand for fuel-efficient cars. The Japanese giant, the world's largest automaker, hopes to sell several tens of thousands of the plug-in Prius car, which it says will have an affordable price tag. In part to gauge demand for the cars, Toyota ... more Coal remains king in China, despite climate change vow
Linfen, China (AFP) Dec 14, 2009The choking soot that coats Linfen is testament to an inconvenient truth behind Beijing's promises to curb its greenhouse gas emissions: cheap and carbon-belching coal remains king in China. Although they say things are improving, residents of this city in northern Shanxi province live in one of the most polluted places on Earth thanks to China's reliance on coal, a dependence expected to ... more |
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![]() Decades-old dioxins pollute river, divide US community ![]() Taiwan vows help for China trade pact job losers: report ![]() Iran does not insist on uranium swap inside the country: FM |
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US in plan to aid poor nations develop clean energy
Copenhagen (AFP) Dec 14, 2009The United States Monday unveiled a 350-million-dollar global effort to help provide clean energy technology to developing countries and invited top officials to a green summit next year. US Energy Secretary Steven Chu announced at the UN climate summit in Copenhagen that the new program will speed the delivery of renewable energy technologies to underdeveloped countries. That will help ... more Solar power unit does more with less sun
Kona, Hawaii (UPI) Dec 14, 2009 The world's first solar thermal plant using proprietary MicroCSP solar panels opened at the Natural Energy Laboratory of Hawaii in a major new response to the state's clean energy initiative. The thermal energy project spans 3.8 acres in the Kona desert and features 1,000 of the solar panels, the first of their kind, Hawaii-based Sopogy Inc. said. Through the use of mirrors and ... more China's Hu unveils landmark Turkmenistan pipeline
Samandepe, Turkmenistan (AFP) Dec 14, 2009China's President Hu Jintao on Monday unveiled a landmark pipeline to transport Turkmen natural gas to China, a key victory for Beijing in its drive for access to Central Asian resources. Hu, together with the presidents of Turkmenistan, Uzbekistan and Kazakhstan, turned a symbolic wheel at a refinery in Samandepe in Turkmenistan's vast Karakum desert which opened the pipeline to start the ... more |
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![]() China vows to curb real estate 'speculation' ![]() China's BAIC agrees to buy some Saab assets ![]() At 50, Taiwan airline eyes turbulent future |
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