In Germany, determined switch from fossil fuels to clean, low-carbon energy meets skeptical critics Kampala, Uganda | RONALD MUSOKE | On the outskirts of Cottbus, a quiet small city in Germany’s northeastern state of Brandenburg is Drehnow, a village of about 800 people. On this warm October afternoon, one sees a …
Read More »Rwanda energy experts mull over nuclear
RWANDA: Strategists to use robust analytical tools Kampala, Uganda | THE INDEPENDENT | A team of Rwandan energy experts have completed a three-week training course hosted by the International Atomic Energy Agency (IAEA) that will, hopefully, help shape the future of the country’s energy mix. According to a statement issued by …
Read More »THIS WEEK: 100 housing units to be built for Karuma dam workers
THIS WEEK: 100 housing units to be built for Karuma dam workers Kampala, Uganda | THE INDEPENDENT | Workers on the 600MW Karuma hydropower project will be housed in 100 units including bungalows, apartments, office blocks and laboratories whose construction commenced recently. The launch of the construction in Kiryandongo district was …
Read More »Inside Umeme’s Shs47.5bn loss
UMEME: Company fails to win court case against ERA, writes off Shs115.3bn from its balance sheet Kampala, Uganda | JULIUS BUSINGE | Electricity distributor, Umeme Limited, recorded a first ever loss since it listed its shares on the Uganda Securities Exchange and the Nairobi Secures Exchange five years ago. …
Read More »Saudi king, Putin clinch billion-dollar energy, arms deals on landmark Russia visit
Moscow, Russia | AFP | Saudi Arabia’s King Salman, on a landmark visit to Russia, and President Vladimir Putin on Thursday signed a slew of arms and energy deals as the key US ally seeks to deepen cooperation with Moscow. The leaders of the world’s largest energy exporters discussed an extension …
Read More »UK wind electricity cheaper than nuclear: data
London, United Kingdom | AFP | The price of electricity from offshore wind in Britain has dipped below the level guaranteed to Hinkley Point, raising questions about the construction of the vast nuclear power station. The Department for Business, Energy and Industrial Strategy disclosed Monday the results of auctions for state …
Read More »Pakistan PM opens country’s fifth nuclear power plant
Islamabad, Pakistan | AFP | Pakistani Prime Minister Shahid Khaqan Abbasi on Friday inaugurated the country’s fifth nuclear power plant, developed in collaboration with China amid hopes that his government could end chronic power shortages this year. Pakistan is one of the few developing countries pursuing atomic energy in the wake …
Read More »Total sells Norwegian assets to Kuwait
Paris, France | AFP | French oil giant Total said Monday it has agreed to sell its remaining stake in a Norwegian oil field to Kuwait so that it can focus on its recent acquisition of Denmark’s Maersk Oil. “Total has signed an agreement to divest its remaining 15-percent interest in …
Read More »China merges energy giants into global leader
Beijing, China | AFP | Chinese authorities have approved a mega-merger between the country’s largest coal producer and a top electricity firm, the government said Monday, reportedly creating the world’s biggest power company in terms of capacity. The tie-up between the two state-owned companies — coal producer Shenhua Group Corp. and …
Read More »OPEC pumps more oil in July despite cut pledge: IEA
Paris, France | AFP | OPEC pumped more oil in July as global oil supplies rose for the third straight month, the IEA said Friday, giving figures that cast further doubt on the cartel’s pledge to cut output to raise prices. In its monthly report on the global oil market, the …
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