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Energy economy
China to Slash Renewables Subsidies by 30%
The government of China has decided to reduce renewable power subsidies by 30%, from $1.15b in 2019 to $807m in 2020.
Power Plant Contract Activity Shows Downward Trend in Asia- Pacific
There were 62 power plant contracts announced in the Asia-Pacific region in Q3 2019, marking a drop of 49 per cent over the last 12-month average of 122, accord…
Total Expands Renewables Portfolio in South East Asia
Total, through its affiliate Total Solar Distributed Generation, has added six new solar projects with a total capacity of around 10 MWp to its renewables portf…
Is CCUS the Key to A Low-Carbon Economy for the UK?
In November 2019 the Energy Industries Council (EIC) published a report into carbon capture, utilisation and storage (CCUS) as a more viable concept to reduce e…
Global Energy Consumption Up by 2.3%, Experts Blame It on Tech & Population
According to Capgemini’s annual World Energy Markets Observatory (WEMO) report, global energy consumption increased 2.3 per cent, nearly double the average rat…
Siemens to Embark on Energy And Infrastructure Solutions in Ethiopia
At the G20 summit, Siemens committed to supporting and contributing to Ethiopia’s Growth and Transformation Plan II and its objective of electrifying Ethiopia.…
Who Can Pay for the Boom of New Solar And Wind Investment in the Nest 15 Years?
New solar and wind investment could hit $190 billion a year by 2035, Wood Mackenzie says. Where will that money come from?
Market Analysis
A Report About US Renewable Energy Market Trends 2020
Research firm Deloitte has released a new report which examines the renewable energy market in the US.
96% Australians Are Growing Increasingly Concerned about the Rising Energy Costs
As we head into summer, Australians are growing increasingly concerned about rising electricity costs – but our misuse of air conditioners could see us racking…
Report: UK Wind And Marine Energy Exports Worth £525m A year
UK is the 'go-to destination' around the world for expertise on designing, building, and further developing wind, wave, and tidal energy projects, RenewableUK c…
Indian Electricity Distributor to Trial P2P Solar Trading
Electricity distributor BSES Rajdhani Power Limited (BRPL) has partnered with Power Ledger, a global leader in blockchain-based renewable energy trading, to ins…
European Investment Bank to End Fossil Fuel Financing by 2021
The European Investment Bank (EIB) has agreed to cease funding fossil fuel energy projects by the end of 2021 as part of its “increased ambition in climate act…
Spain's Iberdrola to Enter Australia with Wind, Solar Power Project
Spanish power firm Iberdrola SA said on Friday it plans to make its first foray into the Asia-Pacific, building a A$500 million ($343 million) wind and solar fa…
Conference on EU Energy Strategy Calls for Investments in Clean, Sustainable Energy
A conference of the European Strategic Energy Technology (SET) Plan underlined here on Friday the need for the European Union (EU) to provide the energy industr…
Asia Pacific Leads Global Electricity Procurement Market in Q3
The Asia Pacific dominated the market for electricity procurement tenders after it took up 35.4% of the total mix with 17 tenders in July-September 2019, accord…
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