Australia's prime minister Julia Gillard has announced details of a controversial proposed carbon tax that would impose a A$23 ($24) levy on each tonne of carbon emitted by the country's 500 biggest polluters from July 2012.
GE Energy has said that the proposed Wandoan project in Queensland, Australia could produce 400 MW of power pre-carbon capture and would be capable of capturing 90 per cent of the CO2 in the fuel stream for future storage.
The cost of nuclear generated electricity in Japan is set to skyrocket due to the Fukushima disaster but will remain cheaper than alternative energy sources.
Two major Japanese gas companies and NTT, one of the world's largest telecommunications groups, are in talks to set up a joint venture to supply electricity to the Japanese market.
Vietnam finalises Ca Mau power plant contracts
Construction has started on what will be Vietnam's largest power plant amid calls from the country's prime minister...
GE Hitachi Nuclear Energy (GEH) has announced the signing of two agreements with the Nuclear Power Corporation of India (NPCIL) and Bharat Heavy Electricals Limited (BHEL) to build multiple GEH-designed nuclear reactors to help meet India’s energy production goals.
Malaysia's power utility, Tenaga Nasional Bhd (TNB) is looking to sell its entire share in its independent power producers (IPPs) by August next year to accumulate a cash pile of between MYR1.5bn ($395m) and MYR2bn.
