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Market Analysis
UK Energy Supplier Publishes Report on Power Systems in 2050
UK power distributor National Grid ESO has released a report forecasting changes to the UK energy sector before 2050.
Floating Offshore Wind
Floating Wind Farm WindFloat Atlantic Begins Operations
Repsol has announced that the WindFloat Atlantic floating wind farm off the shores of Portugal has started supplying renewable energy to the country’s electric…
Oil & Gas Trade
Jet Fuel Crisis Will Hurt Oil Demand For Years To Come
A full recovery in jet fuel demand will probably have to wait until 2023, Bank of America (BofA) said in a recent commodities research report cited by The Natio…
Offshore Wind Power
Full Power at First Floating Wind Energy Project in Continental Europe
MHI Vestas Offshore Wind confirms that the final of three V164 8.4 MW wind turbines is now generating power to the Portuguese grid.
Microgrid
Distributed Fossil Fuels Dominate in Microgrids Installed in the US
Distributed fossil fuel generation accounted for 86% of installed microgrid capacity in the US in 2019, according to a new report issued by Wood Mackenzie.
Thermal Coal
Storms Disrupt NSW Coal Ports
Storms along the New South Wales coast in east Australia have disrupted coal shipments from the port of Newcastle and Port Kembla at Wollongong, leading to long…
Solar Power Plant
Double Tax on Solar Imports Could Collapse ‘Large Numbers’ of Indian Projects: Fitch
The threat of a double taxation of solar in India via both safeguard and basic custom duties could squeeze developers and result in large numbers of project can…
Wind Farm
Repsol to Purchase 1.6GW of Renewable Assets in Chile
Repsol has agreed to form a joint venture (JV) with Grupo Ibereólica Renovables to manage a portfolio of renewable energy projects in Chile.
Energy Investment
Brazil’s Eneva Offers $1.4bn to Acquire Stake in AES Tiete
Brazilian power generation company Eneva has reportedly submitted an offer of a $1.44bn (BRL7.5bn) to acquire a controlling stake in AES Tiete Energia.
Oil & Gas Trade
Indonesia’s August Gasoline Imports Likely to Stay Low
Indonesia's gasoline imports are expected to remain low in August despite increasing driving activity in the southeast Asian country.
Electric Car
Volvo Chief Stresses Importance of State-Backed Charging Infrastructure for Electric Vehicles
The chief executive of Volvo Cars described plug-in hybrids as a “very popular concept” on Tuesday, but emphasized the need for government support when it com…
Aker 2Q13 Earnings Impacted by Order Delays and Cancelations
Aker Solutions reported revenues of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11.9 billion in the second quarter of 2012
Solar Power Plant
Solar Investment is Paying Off with Emissions Reduction for Montego
Montego Pet Nutrition has reported a 300-tonne reduction in CO2 emissions after installing solar panels.
Electric Car
Electric Vehicle Market Likely to be Rs 50,000 Crore Opportunity in India by 2025
The electric vehicle market is likely to be a Rs 50,000-crore opportunity in India by 2025, with two- and three-wheelers expected to drive higher electrificatio…
Italy
INNOSEA Receives Grant for Floating Solar R&D Project
Engineering firm INNOSEA has been awarded a European H2020 grant to undertake a research and development project to support more efficient.
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