Utilities

A new report has demanded that Japan's regional power monopolies must give way to competition and promote greener energy. The draft conclusion from an expert panel, set up after the Fukushima nuclear disaster, says that the overhaul of the electricity network is necessary to stabilize the nation's supply.
China's five biggest power companies reported sharply wider losses in their thermal power ventures in the first seven months, hit by increasing costs of coal and financing, according to the latest figures.