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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
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
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
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