This report recommends that the ASEAN region should pursue the certain points in developing effective indicators for energy- related climate change mitigation policies. These include selection of specific indicators and a baseline year with complete data to monitor policies and ensure timely data through regular surveys and other data collection among others.
Read More
Hydrogen is likely to influence the geography of energy trade, further regionalising energy relations. With the costs of renewable energy falling, but those of transporting hydrogen high, the emerging geopolitical map is likely to show growing regionalisation in energy relations. Countries with an abundance of low-cost renewable power could become producers of green hydrogen, with commensurate geoeconomic and geopolitical consequences. As the costs of green hydrogen fall, new and diverse participants will enter the market, making hydrogen even more competitive.
Read More
Repower Renewable, based in Venice, plans to develop a large-scale floating offshore wind farm in the Ionian Sea and connect it to Italy’s national grid. The wind farm is located southeast of Calabria’s eastern coast, approximately 61.8 kms from Capo Rizzuto and 74.8 kms from Monasterace Marina. The project is expected to have a capacity of 495 MW and will include 33 wind turbines, each with a capacity of 15 MW, installed on floating foundations. The wind turbines will be installed over an area of approximately 87 square kms.
Read More
Econergy Renewable Energy, a renewables investor, intends to build a portfolio of 800 MW of renewable energy storage and 900 MW of solar photovoltaic (PV) capacity in the UK over the next three years. The company intends to build 350 MW of energy storage capacity for operation in 2023, 300 MW in 2024, and 150 MW in 2025. It also plans to develop 900 MW of solar PV projects by early 2025.
Read More
Spain’s Ministry for the Ecological Transition and the Demographic Challenge (MITECO) has announced that it will hold its next renewable energy auction, with a capacity of 500 MW in April 2022. Of this, 200 MW is allocated to concentrated solar power (CSP) with six hours of battery storage capacity, 140 MW to distributed solar photovoltaic (PV) projects, 140 MW for biomass projects, and 20 MW for other technologies.
Read More
The Monthly Energy Review is the U.S. Energy Information Administration’s (EIA) primary report of recent and historical energy statistics. It includes statistics on total energy production, consumption, stocks, trade, and energy prices; overviews of petroleum, natural gas, coal, electricity, nuclear energy, and renewable energy; carbon dioxide emissions; and data unit conversions.
Read More
The Ministry of Energy and Non-Renewable Natural Resources of Ecuador has published a request for proposal for three public selection processes for financing, construction, operation, and maintenance of two power generation projects with an installed capacity of 900 MW and a transmission project. Renewable energy sources such as solar, wind, hydropower, and biomass account for 500 MW of the 900 MW power-producing capacity.
Read More
India’s population growth and urbanisation coupled with ongoing industrialisation and the country’s status as the world’s fastest-growing economy will see its energy consumption – which has already more than doubled since 2000 – increase considerably in the coming years. India is on the edge of an energy and infrastructure revolution.
Read More
OMERS Infrastructure has signed an agreement with a fund managed by Ares Management Corporation to acquire 100 per cent of Navisun LLC, an independent distributed generation solar power producer. Navisun acquires, co-develops, constructs, finances, owns and operates distributed and small utility-scale solar and storage projects throughout the US.
Read More
Lazard’s latest annual Levelized Cost of Energy Analysis (LCOE 15.0) shows the continued cost-competitiveness of certain renewable energy technologies on a subsidized basis and the marginal cost of coal, nuclear and combined cycle gas generation. The costs of renewable energy technologies continue to decline globally, albeit at a slowing pace, reflecting reductions in capital costs, increased competition as the sector continues to mature and continued improvements in scale and technology.
Read More
The State of the Energy Union report marks, each year, the moment to take stock of change and of progress in the implementation of the European Union (EU) energy and climate policies, including the Energy Union across its five pillars, on the road to climate neutrality by 2050. This is a report from the Commission to the European Parliament, the Council, the European Economic and Social Committee and the Committee of the Regions.
Read More
It forecasts that average U.S. household expenditures for all major home heating fuels will increase significantly this winter primarily because of higher expected fuel costs as well as more consumption of energy due to a colder winter. Average increases vary by fuel, region, and weather assumptions. It forecasts that planned additions to U.S. wind and solar capacity in 2021 and 2022 will increase electricity generation from those sources.
Read More
Pacific Gas and Electric Company (PG&E) and Global Clean Energy Holdings, Inc. (GCEH) have signed a Master Services Agreement under which PG&E will identify, design, and implement renewable generation and energy management projects at GCEH’s Bakersfield Renewable Diesel Refinery to help reduce the refinery’s operating costs and carbon footprint. A Contract Opportunity Announcement will be issued by PG&E for a 10 MW solar facility to be built at the refinery site in Bakersfield.
Read More
Globeleq, a leading independent power company in Africa, has completed the acquisition of the ARC for Renewable Energy S.A.E (ARC) 66 MWp solar photovoltaic (PV) plant located at the Benban Solar Park near Aswan, Egypt. The SECI Energia, Enerray, and Desert Technologies consortium developed the ARC plant as part of the Egyptian government’s feed-in-tariff programme’s second round.
Read More
This flagship publication of the IEA has appeared every year since 1998. Its objective data and dispassionate analysis provide critical insights into global energy supply and demand in different scenarios and the implications for energy security, climate targets and economic development.
Read More
China-based Asian Infrastructure Investment Bank (AIIB) and the International Renewable Energy Agency (IRENA) have signed a memorandum of understanding (MoU) committing to collaborate to help Asia’s energy transition and mobilise more private capital for renewable energy.
Read More
The report “Hot Spots for Renewable Heat: Decarbonizing Low- to Medium-Temperature Industrial Heat Across the G-20” is has been prepared by a collaboration between World Business Council on Sustainable Development (WBCSD) and BloombergNEF. This report is intended to provide guidance on the markets that are particularly attractive for renewable heat solutions. It also explores the applicability of specific technology solutions.
Read More
IEA Key World Energy Statistics (KWES) is an introduction to energy statistics, providing top-level numbers across the energy mix, from supply and demand, to prices and research budgets, including outlooks, energy indicators and definitions. KWES is part of the IEA’s annual edition of the world’s most comprehensive series of energy databases and data services, which include World Energy Statistics and Balances and the full range of fuel information data services.
Read More
Capital Dynamics has announced that members of its US Clean Energy Infrastructure team would join forces with Arevon Asset Management, its energy asset management subsidiary, to establish Arevon Energy, Inc.
Read More
Wärtsilä, a technology firm, will deliver a 5.2 MW energy storage system to provide frequency management in the ancillary service market for the Taiwanese grid as Taiwan strives to attain 20 per cent renewable energy by 2025. Shangfa Construction received the order in August 2021 and will construct the energy storage facility on behalf of North-Star International Co., Ltd.
Read More