Power

The Financial Times this week hosts guests writers and industry leaders who will debate the future of global energy after nuclear disaster in Japan and turmoil in the Middle East. Read more

By Patricia de Leon of mergermarket

Thai companies are keeping up the pace with their overseas deals, boosted by a maturing domestic economy and and a stronger baht.

In the latest  deal announced this week, Ratchaburi Electricity, one of the country’s largest power generators, is paying Bhat6.7bn ($223m)  for 56 per cent in Australia’s Transfield Services Infrastructure Fund – a power and water company.

This will not be Ratchaburi’s last foray overseas, says Jirasee Kasuwan, energy sector banker at The Quant Group, a Bangkok-based independent investment bank. The company has “a very huge ambition to expand internationally,” he says, which began with  investing in a greenfield power plant in Laos a couple of years ago.

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Chinese officials have warned in recent weeks that the country could face power shortages this summer in what would be an embarrassing setback for the world’s largest energy consumer. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Cameron O’Reilly (far left) and Steve Cunningham answer your questions. They are CEO and UK and Ireland chief, respectively, of Landis+Gyr, the world’s biggest maker of smart meters by market share.
In this second of two posts, they talk about how manufacturers and grid operators can work together on rolling out meters and how big the global market for the devices could be. Read more

Kiran Stacey

In this week’s readers’ Q&A session, Cameron O’Reilly (far left) and Steve Cunningham answer your questions. They are CEO and UK and Ireland chief, respectively, of Landis+Gyr, the world’s biggest maker of smart meters by market share.
In the first of two posts, they discuss what can be done with the data from smart meters, and how concerned the public should be about the use of this data. Read more

Kiran Stacey

Rolling out intelligent energy meters could help the UK reduce its energy usage by up to 15 per cent, five times current government estimates, the world’s biggest smart meter maker has said. Read more

The next three decades will be vital for the US energy sector. Decreasing reliance on fossil fuels, limiting emissions that cause global warming and lessening dependence of imported oil are all at the top of the Obama administration energy agenda. This graphic explores the various energy sources in the US, the leading companies and the most powerful policy makers. Read more

Kiran Stacey

I am pleased to say that Cameron O’Reilly (right), chief executive of Landis+Gyr, has joined Steve Cunningham (left), the company’s UK & Ireland CEO, in the hotseat for next week’s readers’ Q&A.  Read more

Kiran Stacey

Jeffrey Immelt just can’t stop buying. Today, he announced GE would pay $3.2bn for 90 per cent of Converteam, the French business that used to be Alstom Power Generation. Read more

A new phase in Tepco’s “BP moment”: just like the whirlpool created by the massive tsunami after the March 11 earthquake, Japan’s biggest electricity provider and operator of the crippled Fukushima nuclear power plant is dragging peers into its own troubled vortex. Read more