Page 14 - AsiaElec Week 44 2022
P. 14
AsiaElec NEWSBASE’S POWER ROUNDUP GLOBAL (NRG POWER) AsiaElec
NewsBase’s Power Roundup
Global [NRG Power]
POWER WELCOME to NewsBase’s Power Roundup
Global (NRG Power), in which the reader is REM: GE Renewables’ 2022 losses will reach
invited to join our team of international editors, $2bn
who provide a snapshot of some of the key issues General Electric has released its Q3 earnings –
affecting their regional beats. We hope you will like and the outlook for its renewable energy divi-
NRG Power’s new concise format, but by clicking sion is dim in the short term. GE Renewables’
on the headline link for each section the full text annual losses in 2022 will reach $2bn, said ex-
will be available. ecutives. Medium term and longer term, the
outlook is brighter.
AfrElec: South Africa approves $8.5bn decar-
bonisation plan ENERGO: Kyiv may face electricity deficit of
South Africa’s cabinet has approved a $8.5bn 30% after attack
investment plan to help the country migrate A Russian attack on Kyiv’s energy facilities this
from the use of coal for energy to renewables week has resulted in an electricity deficit of up
such as green hydrogen, News 24 reported. The to 30% in the capital, Ukraine Business News
package from the Just Energy Transition Part- reported on October 28. Ukrenergo, Ukraine’s
nership (JETP), comprising the US, UK, France, state-owned electricity transmission grid op-
Germany and European Union as well as South erator, instructed operators to limit electricity
Africa, will be presented at the Climate Change consumption to prevent a blackout, with al-
Conference (COP 27) in Egypt in November most half of Kyiv at risk of losing electricity.
2022.
P14 www. NEWSBASE .com Week 44 01•November•2022