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Türkiye to Invest $10B in Energy Storage to Boost Wind Power and Photovoltaic Solar Energy
24-10-2019
Africa May Lose Billions on Inefficent Energy Plannning Over the Next Decade
Capturing the $110 Billion Africa Power-Sector Opportunity, shows that status quo energy systems could cost African nations up to $180bn over the next decade, more than 2.5 times the 2016 gross domestic product of Kenya.
23-10-2019
Energy Suppliers Could Face Tougher Financial Checks for Payments More Regularly
Energy suppliers could be blocked from taking on too many customers under proposals designed to ensure fast-growing companies are financially fit to handle expansion.
Market Analysis
23-10-2019
Energy Blockchain Applications May Generate $19 Billiin in Next Decade
The increase in spending on energy blockchain applications is owing to an increase in the use of the technology in asset financing, proof of origin for power generation, electric vehicle charging and grid integration and transactive energy.
22-10-2019
Africa Must Embrace New Technologies to Meet Rising Energy Needs
SA is facing the return of rolling power blackouts. Despite receiving a $4.9bn bailout, the largest in the country’s history, Eskom — SA’s national utility power has once again imposed power cuts due to unforeseen breakdowns at its coal plants.
18-10-2019
Siemens Unveiled The Name of New Spin-off Power Company :"Siemens Energy"
The new name was announced yesterday at an internal management conference and will officially take effect once the energy business becomes a separate legal entity, which is expected next April.
18-10-2019
Roughly 15 Percent of the Electricity Generated in United States from Renewable Sources
The electrical grid that brings power to homes and businesses will need to continue being updated in order to accommodate the ever-growing renewable energy industry.
16-10-2019
Five Promising Start-ups That Lead India's Small-scale Renewable Revolution
India has the fifth-highest renewable capacity in the world, with potential power resources of 118GW. The national government is targeting a capacity of 500GW by 2030.
Market Analysis
14-10-2019
UK Renewables Generated More Electricity Than Fossil Fuel Power Plants for First Time
The months of July, August and September were the first quarterly period in which renewables outpaced fossil fuels since the UK’s first public power generating station opened in 1882, climate website Carbon Brief said.
Market Analysis
10-10-2019
Q3 2019 Energy Markets Analysis for UK and EU
Energy market analysts, EnAppSys, have released Q3 2019 market summaries for both the European and UK markets. Take a look at the noteworthy trends summarized below:
Digital Energy Transformation
09-10-2019
$100 Billion Can Be Saved By The Automation And Digitalisation Initiatives in Oil Industry
Automation and digitalisation initiatives could help the global upstream oil industry save a whopping $100 billion of their budget in the 2020s, according to a new in-depth study.
06-10-2019
OPEC, GECF Sign Research Agreement to Strengthen Cooperation
The Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) has signed a memorandum of understanding (MoU) to strengthen cooperation in research and the sharing of best practices.
06-10-2019
Taiwan's Non-Hydro Renewables Capacity Could Hit 21.3GW by 2028
Renewables are expected to take up 26% of the energy mix by 2030.The capacity of non-hydropower renewables in Taiwan is expected to rise about 18.2% every year between 2019 and 2028 to a total of nearly 21.3GW or 15.4% of the generation mix.
06-10-2019
Evolution Or Revolution? BP's Incoming CEO Tasked With Navigating Energy Transition
BP upstream chief executive Bernard Looney will take the reins from CEO Bob Dudley early next year, with investors eager to understand what this means for the FTSE 100 giant.
30-09-2019
China’s Renewable Boom Hits The Wall
When earlier this year China announced subsidies for 22.79 GW of new solar power capacity, those following the country’s renewable energy story must have started to worry.
29-09-2019
Fed Survey Data Shows Energy Sector in Decline
The second half of 2019 is proving to be tough for the energy sector, according to the quarterly Federal Reserve Bank of Dallas Energy Survey.
27-09-2019
Pakistan's Current Energy Mix And its Plans for A Renewable Energy Future
According to US government statistics, Pakistan’s energy mix is formed of 64% fossil fuels, 27% hydropower and 9% other renewables and nuclear power.
27-09-2019
Japanese Shares Slump on Governance Worries, JDI Tumbles as Bailout Falters
Kansai Electric’s President Shigeki Iwane told reporters on Friday that he and some other executives had received 320 million yen payments from a person outside the company over a period of seven years.
25-09-2019
BP to Sell 1.58 Million Tonnes of LNG to KOGAS for 15 Years From 2025
BP has agreed a deal to sell 1.58 million tonnes of liquid natural gas (LNG) per year from the US to the Korea Gas Corporation (KOGAS) for 15 years from 2025, in a deal estimated to be worth $9.6bn.
20-09-2019
China’S Belt And Road Initiative And Its Impact On The Middle East And North Africa
Attitudes towards the Chinese Belt and Road Initiative (BRI) have changed since the programme was first announced in 2013.
17-09-2019
Senvion to Sell Its European Services And Onshore Assets to Siemens Gamesa
German renewable energy company Senvion has announced that it has entered into a non-binding exclusivity agreement with Siemens Gamesa Renewable Energy (SGRE) to sell its European services and onshore assets for an undisclosed fee.
12-09-2019
Siemens Has Spinned Off Its Gas And Power Business To Finish Listing Energy Unit in Next Year
Siemens plans to list its energy unit by around September next year, the head of its gas and power division said on Tuesday.The German conglomerate said in May that it was spinning off its gas and power business.
08-09-2019
Global Investment in Renewable Energy from 2010-2019 to Hit $2.6tn
Renewable energy made up 12.9% of the global share of electricity generation in 2018, an increase from 11.6% in 2017. Global investment in renewable energy capacity from 2010-2019 is on course to reach $2.6tn, according to figures published today.
07-09-2019
Shell Leads Big Oil in the Race to Invest in Clean Energy Tech
Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell Plc leading a group of European majors that are well ahead of their U.S. rivals.
05-09-2019
Shell Leads Big Oil in the Race to Invest in Clean Energy Tech
Major oil companies are poised to do a record number of clean-energy deals this year, with Royal Dutch Shell Plc leading a group of European majors that are well ahead of their U.S. rivals.
04-09-2019
$20B Danish Fund Ditches Oil Supermajors Over Climate Concerns
The US$20-billion Danish fund MP Pension said on Tuesday it is excluding the world’s largest oil companies from its portfolio, looking to secure long-term returns for investors and to take responsibility for the green energy transition.
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Most views from Energy Economy
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China's Investment into BRI Countries Expands in Jan.-May
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Heads of State From Bahrain, Egypt, Tunisia and the Uae to Visit China
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Tesla Now Worth more than Exxon Mobil, Shell and BP Combined
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E.ON Plans to Invest $30bn in Energy Transition by 2026
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Fed Survey Data Shows Energy Sector in Decline
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Hong Kong Group Sets up Asia Clean Power Fund