Pursuing multi-vector foreign and energy policies, Greece will become an energy hub, Greek Prime Minister Alexis Tsipras has said. Gas will be delivered to Turkey in 2018, and after completion of the Trans Adriatic Pipeline’s (TAP) construction, it will be delivered to Europe in early 2020. Source: Trend
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China is expected to boast the world’s largest clean coal power system with high efficiency by 2020, the Xinhua-run Economic Information Daily reported on Wednesday.
Since 2014, the coal-fired power sector has been renovating facilities to reduce emissions and save energy. Source: China Daily
Swedish auto maker Volvo is doubling its investment in its first U.S. plant to a total of $1 billion, a bet that its nascent comeback in the U.S. market has staying power. Volvo will add a second production line to a factory under construction near Charleston, a Volvo spokesman said. Source: The Wall Street Journal
China plans to more than double its atomic power capacity in the next decade, bucking the trend of consolidation in western Europe and North America. The Asian nation’s expansion will contribute to a 6.6 percent increase in global nuclear capacity over the next decade, according to BMI Research. Source: Bloomberg