December 31

EDF wins French offshore wind project with bid below 50 euros per MWh

first_img FacebookTwitterLinkedInEmailPrint分享Reuters:A consortium led by French state-owned utility EDF has won a contract for a major 600 megawatt (MW) offshore wind project near Dunkirk in western France, Environment Minister Francois de Rugy said on Friday.EDF’s bid in partnership with Germany’s Innogy and Canada’s Enbridge beat rivals including utility Engie in partnership with Portugal’s EDPR and energy group Total in partnership with Denmark’s OrstedThe ministry said the tariff proposed by the winning consortium was significantly lower than 50 euros per megawatt hour (MWh). That compares with 63 euros/MWh for an onshore wind tender of around 516 MW that was awarded by the government on Wednesday. It also said the price was comparable to the best prices seen in European offshore wind projects and demonstrated the competitiveness of the French wind industry.The wind farm will have forty-five wind turbines producing 2.3 terawatt hours of electricity per year from 2026, equivalent to the consumption of around 500,000 French households.EDF, which operates France’s 58 nuclear reactors that accounts for over 75 percent of the country’s electricity needs, is rapidly expanding into wind and solar generation. Its EDF Renewables subsidiary, which manages around 13 gigawatts (GW) of installed capacity globally, has a project portfolio of more than 2 GW in France. It is negotiating to participate in two projects in China totaling 500 MW and also developing an area with a potential of 2,500 MW in the United States.“Our winning bid was highly competitive, and this has notably prompted the government to double the offshore wind power targets contained in its multi-year energy Plan, giving new development opportunities for EDF and all participants in the sector,” EDF’s CEO Jean-Bernard Levy said in a statement. The government said on Wednesday it would double the pace of developing offshore wind projects to 1 GW per year from around 500 MW previously as costs are falling.More: EDF consortium wins 600 MW Dunkirk offshore wind project EDF wins French offshore wind project with bid below 50 euros per MWhlast_img read more

January 14

Liberia Makes More Gains in Ebola Fight

first_imgThe leader of the Liberia Transformation Party (LTP), Rev. Kennedy Sandy, says that Liberia has made more gains in the fight against the deadly Ebola virus and must continue.Making the statement over the weekend in the Air Field Community, the LTP leader emphasized that the war against the virus was not over and called on Liberians to ensure that the country is free of the epidemic as the spread of the virus could return.Rev. Sandy observed that, “In the midst of the national health crisis, political tensions had grown very high and continue to rise to exacerbate the health crisis. (While) exercising our political franchise and constitutional rights, we must continue to observe the preventive measures of the virus.”In the process of electing the 15 lawmakers in the ensuing election, he believes it is important  for every Liberian to act in the confines of the law.He explained that the special senatorial election is necessary for the smooth running of Liberia but must not create any condition that would lead to further spread of the epidemic.“It is also constitutionally mandated that the election is held in a free, fair, transparent and credible as well as a peaceful and democratic atmosphere. This will reflect the authentic views and choices of the people of Liberia and a clear representation of each county,” said the LTP leader.He admonished that the efforts and support of the World Health Organization (WHO), United Nations, the United States, China, European Union and the Centers for Disease Control as well as other experts around the world, who have risked lives by joining Liberia and contributing immensely to the fight against the Ebola virus must not be wasted.The LTP leader warned the general public against engaging in any act that would undermine the fight against the epidemic, adding that Liberia has gone far in the fight and must continue until it is completed.He urged that the political parties, the election, the Government of Liberia and all senatorial candidates must be responsible to make sure that this election is fully participatory, inclusive, transparent, impartial and free.“As we elect our 15 senators, let us not do any thing that would place the life of our people in danger or put the citizens at risk. Liberia faces constitutional challenges today as we go into this election. The people own the country and have the right to change whatsoever they want to change,” he stressed adding that while Liberia goes through political recuperation, Liberians should show political maturity.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)last_img read more

November 26

PCB announces USD 2.6 million profit from T20 league

first_imgKarachi, May 4 (PTI) The PCB announced an overall profit of 260 million rupees (USD 2.6 million) from the first edition of its Pakistan Super League held in February in the UAE. The total profit of the board dwindled since the PCB has promised to distribute around 200 million rupees among the five franchises to cover their losses from inaugural edition of the T20 tournament. But PSL chairman Najam Sethi said yesterday that the PCB was satisfied with the outcome of the first PSL since initially it was thought the tournament would not be a profitable one. “But we have managed to make an overall profit of USD 2.6 million from the countrys first ever Twenty20 league which is a healthy and encouraging sign for us,” Sethi told the media in Lahore. The PSL, which had five franchises, generated massive interest in Pakistan despite being held in Dubai and Sharjah due to security issues in the country. Not only did it generate interest but also hit record television viewership figures worldwide as the PCB adopted the strategy of producing and broadcasting the league itself and aired it simultaneously on three sports channels after buying airtime from them. “Overall the PSL was a bigger success than we initially expected and the profit is a welcome sign,” Sethi said. He said around USD 6 million were earned from television rights and gate money. The inaugural edition was won by the Islamabad United franchise led by Test captain Misbah-ul-Haq and coached by Dean Jones and Wasim Akram. Sethi said there was lot of pressure on the board to add a sixth franchise even though the PCB had an agreement with the five franchises that a new team would only be added after two years. He said the franchises had already increased their brand value after the success of the first edition. Sethi pointed out that Quetta Gladiators, which was brought for an annual sum of just USD 1.1 million, was now valued at around USD 2 million. Sethi said the PSL would soon be registered as a company with the PCB as its owners. He said it was his dream to have some matches of the PSLs second edition in Pakistan. PTI Cor AH AHadvertisementlast_img read more