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Energy market
Market Analysis
Geothermal Energy Market to Hit $50 billion by 2027
The geothermal energy market value is set to cross $50 Billion by 2027.
Microgrid
Saudi Arabia’s Desert Technologies To Fund Solar Projects In Nigeria
Despite being the leading economy on the African continent in terms of GDP, the installed electrical capacity in Nigeria does not exceed 12,522 MW, as only 36 p…
Energy Technology
Israel’s Energy Ministry Unveils Plan to Combat Air Pollution
Its objectives include improving in the energy-consumption-per-GDP figure; a shift towards a solar-based energy market; and investment in innovative energy tech…
Oil & Gas Trade
Suez Canal Logjam Barely Impacts Russian Urals Exports, Says Energy Ministry
The Russian Energy Ministry said March 29 that the logjam in the Suez Canal has barely impacted exports of Russia's key crude grade Urals, which uses other deli…
Offshore Wind Power
Dongfang Electric Wins Vietnam Offshore Wind Power Order
In 2021, the Dongfang Electric Group will face the complex and volatile international situation and actively deploy overseas renewable energy markets to contr…
Floating Solar Project
Large Scale Floating PV to Sell Power at $0.0368/kWh in Indonesia
A new report from the Institute for Essential Services Reform (IESR) shows that PV has not been growing significantly in Indonesia in recent years, despite the …
Net Zero Emission
Australia Aemo Models Faster Move to Net Zero Emission
The Australian Energy Market Operator (Aemo) plans to model a scenario with a transition to net zero greenhouse gas emissions in the early 2040s instead of the …
Floating Offshore Wind
Global Floating Wind Energy Market to Record a 2000-Fold Increase by 2050
A new report forecasts that with the right drivers in place, the installed capacity of floating wind energy will grow from the existing 100 MW to 250 GW in 2050…
Virtual power plant
Estonia’s Eesti Energia to Test Flexibility Participation in Finnish Energy Market
Eesti Energia is to test a virtual power plant to provide flexibility to support the security of energy supply in Finland.
Energy Security
Eesti Energia Testing Finnish Wind Energy Reserve
Its Auvere power plant and wind farms will be connected through a virtual platform to support energy security.
Australia
AEMC Advances New Rule to Stop Wind and Solar Farms Cutting Output without Notice
New rules have been put forward by the Australian Energy Market Commission that could prevent wind and solar projects from reducing their output, without first …
Blockchain
Energy Has Become Bargaining Chip In Brexit Talks
The European Union is conditioning the United Kingdom’s access to the EU energy market to Britain, making concessions on the fishing rights in British waters.
Wind Turbine
Goldwind Advances in Brazil’s Wind Power
Chinese wind turbine maker Goldwind has signed a new contract in Brazil, which expands the company’s local presence and signals the eastern appetite for more b…
Energy Storage System
Keppel and EMA to Pilot Floating Energy Storage System in Singapore
Offshore solutions provider Keppel Offshore & Marine and the Energy Market Authority have jointly awarded a research grant to pilot Singapore’s first floating …
Power Construction
Australia Labor’s Budget Response: $20 Billion to Rewire the Grid
The Federal Opposition has responded to the Federal Government’s 2020-21 Budget, outlining a plan to invest $20 billion in rewiring the electricity grid to all…
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