The power industry briefing
The latest news, trends, and data you need to know about this month
News in Numbers
$2.5bn
The Myanmar Investment Commission has approved construction of a $2.5bn liquefied natural gas power plant.
40%
Italian energy company Edison is reportedly planning to sell a 40% stake in its renewable energy generation unit.
2
Chemical industry giant BASF and renewable energy developers RWE have announced a collaboration to build a 2GW offshore wind farm.
1,200
The Canada Energy Regulator has approved an interconnection line project that will deliver 1,200MW of hydroelectricity to New England.
$30bn
Hecate Independent Power, an Anglo-American joint venture company, has announced plans to build a £21bn ($30bn) offshore wind project in the North Atlantic to power the UK.
Project updates
The South Korean Government has announced plans to build a 6GW floating offshore wind farm off the coast of Ulsan by 2030. President Moon Jae-in said that the project would require a KRW36tn ($32.8bn) investment.
EDP Renováveis, through its EDP Renewables North America subsidiary, has announced that commercial operations at its Crossing Trails wind farm have begun.
Ørsted and PGE have finalised their previously announced joint venture agreement to build and operate two offshore wind projects, Baltica 2 (1.5GW) and Baltica 3 (1GW), in the Baltic Sea.
Denmark-based wind turbine manufacturer Vestas has agreed to supply turbines for Brazilian firm Omega Energia’s Assuruá 4 project in Bahia, Brazil.
Enel Green Power North America, the US subsidiary of Italy-based energy company Enel, has started construction works on five renewable energy projects in the US.
Further reading
The new highs and lows in power transmission, with National Grid ESO
Every power-savvy consumer knows: run your electricals in the middle of the night. Specialist tariffs have trained consumers to use electricity in the hours of low demand, traditionally between midnight and dawn. But as the energy transition progresses, these low-power hours have crept away from their usual homes. How have transmission system operators fought these Sunday afternoon blues?
Read more: Power Technology
