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Record 260GW of clean power added in 2020

A record of over 260GW of new renewable energy capacity was installed in 2020, despite the impact of Covid-19, according to new data from the International Renewable Energy Agency (IRENA).

read more... 06/04/2021

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G20 flexibility needs assessed at 3,500 GW for 100% renewable energy systems

The G20 countries will need over 3,500 GW of flexible capacity to run 100% renewable energy systems at least cost, gas engine and battery storage manufacturer Wärtsilä said March 31.

read more... 01/04/2021

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Wind Power Industry Set To Install 1 TW New Capacity This Decade

The world’s wind energy industry could be on track to install nearly 1 terawatt (TW) of new capacity between 2021 and 2030, driven by surging installations in China, Europe, and the United States, energy consultancy Wood Mackenzie said in new research.

read more... 31/03/2021

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European power prices to ease after 2023 on lower gas prices, renewable capacity gains

European power prices are forecast to remain at current elevated levels until 2023 on capacity closures, slight demand gains and rising carbon prices, according to S&P Global Platts Analytics.

read more... 31/03/2021

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China to speed up tapping new energy sources, but coal stays in mix

China set a modest five-year growth target on Friday for its nuclear power generation capacity and promised quicker development of alternative energy sources as it seeks to cut its carbon footprint, but left its coal industry largely untouched.

read more... 05/03/2021

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