The U.K. proposed further rules for how the country’s incentives for low-carbon electricity and a planned capacity market will work as part of a program to reform the electricity market.
Suntech Power Japan Corp., a unit of China’s Wuxi Suntech Power Co., plans to expand beyond marketing solar panels to generating electricity for sale to retail customers in Japan.
The U.K. plans to overhaul its electricity market as the government seeks to prevent spikes in natural-gas prices and spur investment in lower-emitting technologies.
U.K. Prime Minister David Cameron outlined his government’s final legislative program before next year’s election, with bills promised to change pension rules and make fracking easier.
Persistent gas shortages at power stations in Nigeria, Africa’s second-biggest economy, halved electricity output, delaying the start of a market-driven industry due this month, an energy regulator said.