Dec

Electricity Trade

Drop in Power Price Predictions up to 2030 but Prices to Remain Above Pre-2021 Levels for Next Decade

New data from Cornwall Insight has shown a drop in our predictions for power prices up to 2030 as Europe secures alternative energy supplies, compensating for r…

Emissions Trading System

EU ETS and CBAM: What the Big Update to Emissions Trading Rules Means for Europe’s Key Sectors

The EU’s Emissions Trading Scheme is a vital part of the region’s decarbonisation plans. Simon Göss at carboneer digs into the new rules coming…

China news

Dawei to Invest RMB 22 Billion in Projects Related to Lithium Resources

On December 28, 2022, Dawei Technology announced that it had signed an investment cooperation agreement with the government of Guiyang County. Under the agreeme…

Mexico

Countries That Produce the Most Wind Energy

Thanks to increases in economies of scale and advances in technology, wind energy costs have become substantially more competitive.According to market research …

Distributed Generation

Decentralised Renewables Solutions Can Improve Healthcare Services for Almost 1 Billion People

Close to 1 billion people in low- and lower-middle income countries are served by healthcare facilities that lack a reliable electricity supply, according to a …

Oil Refinery

Fire Breaks Out at Pdv’s Cardon Refinery

A fire broke out today in the fluid catalytic cracking unit at Venezuela's Cardon refinery, the second major blaze at the site since late December.Operator …

Electric Car

Micro EV Market Expected to Reach $180 Billion Within a Decade

Electric three-wheeler. (Reference image by Amada44, Wikimedia Commons.)The market for electric two-, three-wheelers and microcars will reach around $180 billio…

Net Zero Emission

Us and Africa Join Forces on Climate Change and Just Energy Transition

The United States of America (US) has reaffirmed their commitment to Africa to partner on matters of conservation, climate adaptation and a just energy transiti…

United Arab Emirates

The Arab Green Summit

The current global warming measure of 1.0 – 1.1 °C above pre-industrial level has caused various natural disasters that are significantly challenging to human…

Wind Farm

Delays to Onshore Wind Investment Increase Long-Term Power Prices in Ireland

Data from Cornwall Insight Ireland’s fourth - ‘All-Island Power Market Outlook to 2030’ – has forecast that energy prices will not retur…

Energy Storage Technology

New Technique to Turn Abandoned Mines Into Batteries

Underground Gravity Energy Storage system: a schematic of different system sections. Credit: Hunt et al.A novel technique called Underground Gravity Energy Stor…

Solar Power Plant

Ecuador Accepts 511MW in Renewable Energy Bids

Ecuador plans to award contracts for 511MW in 10 solar, wind and hydroelectric projects worth about $800mn in February after all bids opened today came in below…

Hydropower Plant

EWEB Board Approves Plan to Decommission Leaburg Hydroelectric Project

(photo courtesy Eugene Water & Electric Board)The EWEB Board of Commissioners voted to approve a resolution that directs the general manager to develop a Leabur…

Carbon Emissions

DOE Releases Blueprint to Decarbonize US Transportation

The U.S. Department of Energy on Jan. 10 released the U.S. National Blueprint for Transportation Decarbonization, which describes a strategy for achieving net-z…

Solar Power Plant

Union-Built 310-Mw Solar + Storage Project Comes Online in California

Intersect Power started the commercial operation of its Athos III solar project in Riverside County, California, on December 22, 2022. The Athos III solar proje…