Canada’s 17-year run as the world’s top uranium producer has come to an end as Kazakhstan boosted its output to 36.5Mlb last year. The Central Asian country now accounts for 28 per cent of global production. “Canada slipped into second place with 2009 production totaling nearly 26.5 million pounds,” or 20 per cent of world …
Thanks to the province’s 2009 Green Energy Act and one of the world’s most generous feed-in tariff schemes, Ontario, Canada is seeing a boom in new clean energy projects.
Over the past week, a total of 184 renewable projects were approved, 77 of which were photovoltaics, representing 652MW of the total 2.42GW awarded.
Although solar makes up …
German utility EWE AG and Enova GmbH & Co KG has awarded Siemens Wind Power A/S, part of the German engineering group Siemens AG (XETRA:SIE.DE), the contract to supply wind turbines for the Riffgat wind park in the North Sea. The order consists of 30 3.6MW wind turbines.
The wind farm, one of the first …
Technological advances have allowed companies to exploit natural gas deposits that were previously off-limits. In this article, we look at the massive potential being unlocked and the wider ramifications for the energy and power sectors.
Hydro-Quebec has signed a CAD1.5bn memorandum of understanding to supply two Vermont utilities, Central Vermont Services and Green Mountain Power with electricity for 26 years starting from 2012. Both companies already have contracts with Hydro-Quebec but they will expire between now and 2015. The amount of capacity under discussion is 225MW, slightly lower than the …
General Electric Co (GE) has said that it expects industry-wide sales of land-based wind turbines to amount to US$130bn in the next two years.
According to Victor Abate, who is in charge of the company’s renewable energy unit, the growth is expected to be concentrated in Canada and Latin America, with CAGRs of 40 and …
Canadian uranium producer Cameco Corporation reported record net earning of CAD1.1bn for 2009, more than doubling the previous year’s figure of CAD450m. Fourth quarter earnings rose from CAD31m to CAD598m (U4567m) YoY.
The company attributed the significant higher results mainly to the sale of its interest in Centerra Gold Inc and recording an after-tax gain of …
Ontario Power Generation (OPG) has a task that few power utilities would relish. The provincial government has regulated that it must cease using coal completely by 2014, a tall order given that it has a generating capacity of 21GW, featuring 11 coal-fired units at four power stations.
The utility is currently on track to switch its …
During the past couple of years, dramatic shifts have taken place in the world’s 157.9MW wind energy sector. In 2008, the geographical point of gravity moved from Europe to the USA and Asia, where demand for this renewable form of energy picked up. Nevertheless, wind power remains firmly at the centre of Europe’s renewable energy …
Cameco announced that it has pumped out its flooded Cigar Lake uranium mine and should have the project fully secure by October. In a statement, Cameco said it has secured the workings down to the 420m level and has now accessed the main working level at a depth of 480m. Once the mine is fully …
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