Energy Economy

The Energy Emergencies Executive Committee will review the actions of National Grid and establish what happened to cause the outage and whether correct procedures were followed.

The seven-turbine Barr Cregg Wind Farm. to be located near Londonderry. has now received planning consent.

Energy Vault claims its technology enables renewables to deliver baseload power for less than the cost of fossil fuels 24 hours a day.

The firm. which aimed to commercialise its flow control devices and modernise the UK grid. has gone bust after running out of funding.

It has launched judicial review proceedings against what it says is the government’s discrimination of onshore wind in favour of offshore wind in its CfD auctions.

The company has around 7.500 domestic and less than 500 business customers.

New statistics show that Iran has exported about 20% more steel this year. while it has cut down its imports of the item by 208%.

Iranian First Vice-President Eshaq Jahangiri. in a meeting with Kazakhstan’s Prime Minister Askar Mamin. said that his country is willing to broaden bilateral relations with the Central Asian country in areas of banking. tourism. and finance.

German exports to Iran fell by nearly half in the first six months of 2019. data showed on Monday. suggesting companies are scaling back business ties with Tehran to avoid trouble with the United States after Washington reimposed sanctions.

Deputy Minister of Industry and Chief Executive of Industrial Development and Renovation Organization of Iran (IDRO)said that Islamic Republic of Iran is poised to strengthen exchanges with the Caspian Sea littoral states in various trade and production.