The power industry briefing
The latest news, trends, and data you need to know about this month
News in Numbers
$2.09bn
New Zealand-based Mercury NZ and Powering Australian Renewables have acquired Tilt Renewables’ operations in their respective countries for $2.09bn.
£260m
The UK Government is set to boost its offshore wind manufacturing industry across the Humber region with a £260m investment for developing ‘next-generation’ wind turbines.
430MWac
Microsoft has signed an agreement with Danish energy company Ørsted to buy renewable energy from Old 300, its 430MWac solar energy centre currently in development.
10GW
Indian multinational crude oil and gas company Oil and Natural Gas Corporation has revealed plans to reach 10GW of renewable energy capacity by 2040.
£4bn
The UK has published its first hydrogen strategy, which aims to encourage £4bn in hydrogen investment over the next decade.
Project updates
Vattenfall and Westinghouse Electric Sweden have signed an agreement to dismantle reactor tanks and their internal parts at the Ringhals I and II nuclear reactors in Sweden.
US-based construction company Jacobs has been chosen for a ZAR20bn ($1.2bn) programme to extend the operating life of the Koeberg nuclear power station near Cape Town, South Africa.
GE has announced the start of commercial operations at Chia Hui Power Corporation’s combined heat and power plant in Taiwan.
Dumat Al Jandal, a 400MW utility-scale wind power project in Saudi Arabia, has been connected to the country’s grid and begun generating electricity.
Danish energy company Ørsted has announced the completion of the Western Trail Wind Farm, a 367MW onshore wind project in Texas.
Further reading
How might German energy policy change after the election?
Chancellor Angela Merkel will serve her last day on 26 September 2021, ahead of the German federal election. In 2018, Merkel announced she would not seek re-election after 16 years. The Bundestag will soon have a new leader overseeing decarbonisation, COP26, and the energy affairs of an economic powerhouse.
The contest remains close and healthy. Merkel’s incumbent party, the Christian Democratic Union, has faced new opposition from Alliance 90/The Green Party (“The Greens”). Both parties have fought over energy issues, which have risen up the agenda with the increasing global pressure to decarbonise.
Read more: Power Technology
