The speculative and unfounded rise in electric energy prices will lead to bankruptcies, permanent loss of jobs and freezing of income levels in a number of industries, the Confederation of Independent Trade Unions of Bulgaria (CITUB) and the Confederation of Labour Podkrepa said in a joint statement. Significant volumes were directed to particular traders under […]
Global NEWS
The U.S. Energy Information Administration (EIA) on Monday forecast that natural gas will remain as the primary source of U.S. electricity generation in at least the next two years. Published in Xinhua Net, 23rd January, 2018 http://www.xinhuanet.com/english/2018-01/23/c_136917402.htm
A Chinese boom in solar panel installation last year helped drive global investment in renewable clean energy technology to record levels, a new study showed Tuesday. After a dip in 2016, overall global investment in the sector rose 3.0pc to a total $333.5bn, offsetting falls in Japan, Germany and Britain, according to the Bloomberg New […]
The region is expected to require a total of 483 gigawatts (GW) of power generation capacity by 2035, an addition of 277 GW from 2016, according to a new energy outlook report by Siemens. Within this, the share of renewables in the power mix is expected to more than triple from 5.6 percent (16.7 GW) […]
A planned 34MW peak solar photovoltaic (PV) power plant, which will be developed by Ngonye Power Company Limited, will soon come to fruition following the approval of financial guarantees. Among a series of guarantees approved in December 2017 by the World Bank Group, Zambia also acquired guarantees of up to $2.8 million in support of […]
New onshore wind and solar energy projects are set to deliver electricity more cheaply than fossil fuels plants, with other green technologies also rapidly gaining a cost advantage over dirty fuels, a report published Saturday said. According to a new cost analysis from the International Renewable Energy Agency (IRENA), within two years “all the renewable […]
The reality is that the energy mix for the foreseeable future is going to consist of both fossil fuels and renewable energy forces, according to Frederick Kempe, President of the Atlantic Council. “Work in the energy market with a mix of both these energy forces is key to why we brought the Global Energy Forum […]
Coal-fired power plants are expected to continue to account for a significant share in the Philippines’ energy mix until 2020 despite strong headwinds from government and civil society. Published in Inquirer, 12th January, 2018 Coal to remain dominant in PH energy mix
Denmark generated close to half of its electricity consumption from wind energy in 2017, setting a new world record as it aims to entirely phase out fossil fuels in its power sector, the country’s energy and climate minister said on Thursday. Published in Dawn, 12th January, 2018 https://www.dawn.com/news/1382333/denmark-generates-43pc-of-power-from-wind
Rebalancing Africa’s energy mix to include greener forms of power is an environmental and economic imperative. But the most efficient way for Africa to move away from fossil fuels will be to recognize that the oil sector still has a vital role to play in Africa’s energy future. Published in Project Syndicate, 11th January, 2018 […]
Members of the Constitution Revision Commission will vote Friday on whether to allow Floridians to vote on being able to choose their electricity provider, effectively dismantling the monopoly utilities who control electricity generation and transmission in the state. Published in Miami Herald, 11th January, 2018 http://www.miamiherald.com/news/politics-government/state-politics/article194269089.html
The U.S. Energy Information Administration (EIA) released its first look at expected power generation in 2019, and its conclusions are much the same as those it expects in 2018—the use of natural gas to produce electricity will continue to rise, and the use of coal will continue to decline. Published in Power Mag, 10th January, […]