Alstom signs coal power deal in China
PARIS, FRANCE - French engineering group Alstom announced a big strategic development on a global scale with Chinese partner SEC, in the field of coal-fired power generation.
Alstom and Shanghai Electric Group SEC are to create a joint venture for their global activities in supplying boilers for such power generating facilities, the company said.
Many experts see new, so-called “clean,” technologies for coal-fired power generation as a solution to energy provision, and China is particularly dependent on coal-fired power generation, having big resources of coal.
The two groups see the new venture becoming the world leader in its field since sales by the two groups in this sector totaled about 2.5 billion euros US$3.64 billion last year, Alstom said.
Related News
After alert on Russian hacking, a renewed focus on protecting U.S. power grid
WASHINGTON - The joint alert from the FBI and Department of Homeland Security last month warning that Russia was hacking into critical U.S. energy infrastructure came as no surprise to the nation’s largest grid operator, PJM Interconnection.
“You will never stop people from trying to get into your systems. That isn’t even something we try to do.” said PJM Chief Information Officer, Tom O’Brien. “People will always try to get into your systems. The question is, what controls do you have to not allow them to penetrate? And how do you respond in the event they actually do get into your…
