Price of coal gasification plant soars
Officials of Charlotte, N.C.-based Duke Energy said that the 630-megawatt plant's cost has gone up because its design has required more steel, piping, electric cable and other materials than originally expected. And the latest increase won't be the project's last.
Duke Energy Indiana President Jim Stanley says the utility will provide another cost revision by next March covering labor, engineering, procurement and plant startup costs.
This price increase and future increases must be approved by state regulators before they can be passed onto Duke ratepayers.
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Japan's power demand hit by coronavirus outbreak: industry head
TOKYO - Japan's power demand has been hit by a slowdown in industrial activity due to the coronavirus outbreak, Japanese utilities federation's head said on Friday, without giving specific figures.
"We are closely watching development of the pandemic as further reduction in corporate and economic activities would lead to serious impacts," Satoru Katsuno, the chairman of Japan's federation of electric utilities and president of Chubu Electric Power Co Inc, told a news conference.
