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China coal plant booms in 2020 despite retreat globally
A steep increase in coal plant development in China offset a retreat from coal in the rest of the world in 2020, resulting in the first increase in global coal capacity development since 2015, a new report led by Global Energy Monitor (GEM) said on Tuesday.
read more... 07/04/2021
UK sees its ‘greenest ever’ grid during Easter bank holiday
Carbon intensity per unit of electricity consumed dropped to the lowest figure on record at 1pm on Easter Monday, National Grid Electricity System Operator said
read more... 07/04/2021
Daily (06.04.2021): Crude oil prices lost 4% on Monday, while other energy markets stagnated due to Easter holidays
Crude oil prices slumped on Monday, weighed by uncertainty regarding the decision taken last week at the OPEC+ summit to gradually ease production cuts. Consequently, Brent oil lost 4.2% to $62.15 a barrel, while WTI crude was 4.4% down at $58.65 a barrel.
read more... 06/04/2021
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
Enel and Iberdrola powered up for the energy transition
Europe’s biggest utilities Enel and Iberdrola saw the clean energy transition coming decades ago when others baulked at the high cost of producing energy from the sun and wind and instead stuck with coal and oil.
read more... 06/04/2021