The world added last year the smallest coal power capacity in 20 years, but the global fleet of coal-fired plants continued to grow despite the surge of renewables, data from Global Energy Monitor’s annual survey showed on Thursday. A total of 44.1 gigawatts (GW) of coal power capacity was commissioned, …
Read More »Ukraine Considers U.S. Role in Power Infrastructure
The US could have boots on the ground in Ukraine — though not in the way many might expect. During a recent phone call between US President Donald Trump and Ukrainian President Volodymyr Zelenskyy, where Ukraine agreed to pause attacks on Russia’s energy infrastructure for 30 days, the idea emerged …
Read More »Italy’s Grid Operator to Invest $25 Billion to Back Renewables Rise
Italy’s power grid operator Terna SpA plans to invest more than $25 billion (23 billion euros) over the next ten years to facilitate the integration of renewable energy sources and boost the transport capacity of the grid, the company said on Friday in its 2025-2034 development plan. The investments represent …
Read More »UK Power Grid Requires $60 Billion Investment by 2050
The UK could need up to $63 billion of investment in the power distribution network nationally to support additional demand and generation through 2050, double the current pace of additional investment, said the National Infrastructure Commission, the government’s independent infrastructure advisor. The UK will likely need investments of between $47 …
Read More »Germany’s Power Prices Dip as Natural Gas Falls amid Ukraine Talks
Germany’s year-ahead power futures prices fell this week to the lowest level since the beginning of the year amid falling European natural gas prices as talks on a peace deal in Ukraine began. In recent months, Germany has become more dependent on fossil fuel-powered generation amid low wind speeds that …
Read More »U.S. Grid Investments Jump as AI Leads Power Demand Surge
A number of grid operators and utilities in the United States are planning billions of U.S. dollars worth of investments in power transmission lines and networks as American electricity demand rises after two decades of stagnation. The advancements in AI and the surge in electricity demand for powering and cooling …
Read More »UK Electricity Prices Jump to Two-Year High as Wind Power Plunges
Low wind speeds have pushed the UK’s power prices to their highest level in two years on Tuesday, with wind generation expected to plunge to the lowest level on Wednesday since September 2023, Bloomberg models show. The day-ahead power price in the UK hit $296.28 (£241.49) per megawatt-hour (MWh) on …
Read More »Wind Overtakes Gas as Largest Single Source of UK Electricity in 2024
The latest statistics from the National Energy System Operator (NESO) have revealed that wind power has overtaken gas as the largest single source of electricity for the first time. In 2024, wind turbines supplied 30% of the UK’s electricity despite a year of unusually low wind speeds. December, the windiest …
Read More »Syria to Receive Electricity-Generating Ships from Qatar and Turkey
Syria will receive two electricity-generating ships from Turkey and Qatar to boost energy supplies hit by damage to infrastructure during President Bashar al-Assad’s rule, state news agency SANA quoted an official as saying on Tuesday. Khaled Abu Dai, director general of the General Establishment for Electricity Transmission and Distribution, told …
Read More »Turkey Says It’s Ready to Supply Electricity to Syria and Lebanon
Turkey is working to resolve the energy supply issues in Syria and is ready to provide electricity to the country, where Ankara supported the rebels who toppled Bashar al-Assad earlier this month, Turkish Energy Minister Alparslan Bayraktar said on Monday. “The vast majority of people meet their electricity needs with …
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