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Energy market reforms required for EU to achieve net zero goals
- 2023-02-28 07:21:45.889468
- David Flin
Wärtsilä has released a study stating that the European Commission needs to reform its electricity market design to encourage flexible balancing power capacity if the EU is to achieve its net zero targets and improve energy security.
AEP to sell US renewable portfolio
- 2023-02-24 08:15:08.861550
- David Flin
American Electric Power (AEP) will sell its 1365 M portfolio of renewable assets to IRG Acquisition Holdings.
IEA says renewables will become dominant electricity source within three years
- 2023-02-13 06:37:08.335776
- David Flin
According to the International Energy Agency (IEA) in its latest annual outlook report on electricity, renewables will dominate the growth of the world’s electricity supply over the next three years.
Delhi to increase renewable power generation by 6 GW in city
- 2023-02-10 06:59:07.751892
- David Flin
Over the next three years, Delhi will increase renewable generation capacity in the city by 6 GW through a variety of government initiatives.
Wind and solar power overtake gas across EU
- 2023-02-01 07:50:38.265968
- David Flin
The EU generated a record 22.3 per cent of its electricity in 2022 through wind and solar power, overtaking natural gas, at 19.9 per cent, according to a report by energy think tank Ember, published in the European Electricity Review.
KenGen to install 3000 MW of additional renewable generation capacity
- 2023-01-09 06:54:41.581002
- David Flin
Kenya Electricity Generating Company (KenGen) has announced plans to help meet Kenya’s target of generating electricity from 100 per cent renewable sources by 2030.
IEA report: Global renewable capacity to double in 5 years
- 2023-01-06 07:31:34.593355
- David Flin
The International Energy Agency (IEA) has released a report indicating that it expects the global capacity of renewable power generation to almost double over the next five years as countries step up efforts to deal with the energy crisis caused by Russia’s invasion of Ukraine.
Renewables power UK electricity export to Europe
- 2022-12-30 06:43:19.278303
- David Flin
Britain’s increased electricity exports to Europe made it a net exporter in 2022 for the first time in over a decade.
IEA renewables forecast grows 76 per cent in two years
- 2022-12-07 07:02:18.943870
- David Flin
The International Energy Agency (IEA) has raised its global forecast for the growth of renewables in what it describes as its: “largest ever upward revision” for the sector.
World Bank approves $497 million loan to Eskom
- 2022-11-08 07:03:05.285902
- David Flin
The World Bank has approved a $497 million loan facility to Eskom for the repurposing of Komati Power Station.
