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Global solar additions hit 447GW in 2023
Annual global solar installations grew by 87% in 2023, compared with the previous year, resulting in 447GW of new capacity.
read more... 19/06/2024
Daily (18.06.2024): Front-year power contracts posted sharp losses on Monday, tracking bearish gas prices
Oil prices surged to their highest closing levels in over a month as investors became more optimistic about the demand outlook. Hence, Brent crude rose by 2% to settle at $84.25 a barrel, while WTI crude reached $80.33, increasing by 2.4% day-on-day.
read more... 18/06/2024
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Verdict on EDF and KHNP bids being considered by Czech government
ČEZ has submitted to the Czech government its evaluation of the bids received from France's EDF and South Korea's Korea Hydro & Nuclear Power for the construction of a new nuclear power plant at Dukovany.
read more... 18/06/2024
Global offshore wind capacity reaches 75GW
RenewableUK has released a new report showing a significant increase in global offshore wind capacity, which has grown by 21% over the past year, rising from 61.5GW to 75GW.
read more... 18/06/2024
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Global electricity demand expected to double by 2050
Global electricity demand is projected to double by 2050, spurred by economic growth and the increasing adoption of electric vehicles, heating and industrial processes, according to a report by DNV.
read more... 18/06/2024