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September 17, 2015 ENERGY (MSM)

Alaska sees TransCanada's LNG project stake worth $70-$100 million

By Osamu Tsukimori TOKYO (Reuters) – Alaska could pay $70 million to $100 million for TransCanada’s 25 percent stake in the midstream and upstream sectors of the proposed Alaska liquefied natural gas (LNG) project, Governor Bill Walker said on Thursday. Walker has recommended to legislators that the U.S. state should buy the stake, adding to a similar stake in a planned liquefaction plant and giving it a quarter share of

September 16, 2015 ENERGY (MSM)

World urged to make clean energy cheaper than coal

Top environmental advocates on Wednesday urged the international community to increase and coordinate investments in research and development for renewable energy to make it cheaper than coal within 10 years. “A sensible approach to tackling climate change will not only pay for itself but provide economic benefits to the nations of the world,” they said in a petition, ahead of a key climate change conference in December. “We urge the

September 16, 2015 ENERGY (MSM)

Wind industry says could supply 25 percent of EU electricity by 2030

Wind farms could supply a quarter of the European Union’s electricity needs by 2030 if member states come good on energy and climate pledges, an industry report said on Wednesday. Wind energy provides around 10 percent of the bloc’s electricity but lobby group, the European Wind Energy Association (EWEA) said it expects wind capacity could reach 320 gigawatts over the next 15 years, making a near 25 percent contribution to

September 16, 2015 ENERGY (MSM)

Zambia to triple power generation in two years with solar

By Stella Mapenzauswa and Chris Mfula LUSAKA (Reuters) – Zambia expects to triple power output to 6,000 megawatts (MW) in 2 years through expansion of solar energy by foreign investors, the head of its investment agency said. Erratic electricity supplies have hit mining in the continent’s second biggest copper producer, where the bulk of its generation capacity of 2,200 MW of power is water-powered. Zambia Development Agency (ZDA) Director General

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