World

Public-Owned Australian Power Grid Could Solve Energy Issues, Paper Argues
Australia’s electricity woes could be solved through a unified and publicly owned national power grid, a discussion paper has said. The paper authored by University of Queensland economist Prof John Quiggin says the creation of the national electricity market in…

Board of Directors Reviews Cost Optimization Options for 2017
The Gazprom Board of Directors took note of the information about Gazprom Group’s cost optimization (reduction) options for 2017. It was underscored that throughout the current year the Company would sustain its comprehensive approach to cost growth control, including by…

Schools Lead Calls for Government to Stop Solar Tax Hike
A group of children from Eleanor Palmer Primary School in Camden will this morning descend on the Treasury to deliver a petition urging chancellor Philip Hammond to halt the planned business rate tax hike that is expected to hit thousands…

Unilever Chooses Unisun for Renewable Energy Projects Across Asia
China-based renewables firm Unisun Energy Group and consumer goods provider Unilever North Asia are partnering on a 13.4MW distributed generation solar PV project in China’s Anhui Province. Based around the Renaissance Hotel in Hefei City, solar will be installed on…

EIB Group Financing Reached EUR 1.1bn in Romania in 2016
The European Investment Bank (EIB) provided new loans worth EUR 1.04bn and the European Investment Fund (EIF – which together with EIB forms the EIB Group) executed operations in Romania totalling EUR 61m in 2016. The EU bank financed priority…

Active Competition Policy Key to Mexico’s Successful Energy Reform
Mexico embarked on an ambitious and comprehensive energy sector reform in recent years to harness market forces and attract new investments, moving away from its monopoly-driven system, and leading to increasing market transparency, improved energy security and strengthened environmental sustainability.…

Australia Could Achieve 100 pct Renewable Energy with Hydro Storage: Research
Pumped hydro power, where water is pumped uphill and stored to generate hydroelectric electricity on demand, could help transform Australian into a 100 percent green energy nation, according to researchers at the Australian National University (ANU) on Monday. Currently, renewable…



