It has also pledged to source 100% of its electricity from renewable energy sources by 2030.
Read More »Record Low Prices in CfD Auction
With projects set to be delivered for as low as £39.65 MWh. around 30% lower than the second auction held in 2017. the auction has caused a stir amongst the sector.
Read More »Iran Says Economic Growth Promising Despite US Sanctions
Abdolnasser Hemmati said that his country’s non-oil economy recorded a 0.4% growth in the first 3 months of the current Persian calendar year (March 21-June 21). adding that it showed that Tehran has contained the negative impacts of US sanctions.
Read More »Saudi Aramco has Emerged from Attacks `Stronger than Ever`
Aramco already brought back part of the lost production and will return to pre-attacks level end of September.
Read More »Global Decarbonisation Slows to Lowest Rate Since 2011
PwC suggests greater consumption of fossil fuels increased total emissions by 2% in 2018. marking the fastest rise in emissions in seven years.
Read More »Crown Estate Opens 7GW Offshore Wind Leasing Round
The leasing scheme will enable the development of electricity generation capacity that is enough to meet the needs of more than six million homes.
Read More »Government Grants Approval for Gas Peaking Power Plant in Wales
The Abergelli Power Project will have a total capacity of up to 299MW. enough electricity to supply around 150.000 homes.
Read More »Exxon Mobil. Shell among Groups to Build Five Pakistan LNG Terminals
The five new terminals could collectively triple Pakistan’s LNG import capacity.
Read More »Virginia Aims for 100% Renewable Energy by 2050
The US state aims to ensure at least 3.000MW of solar and onshore wind projects are under development by 2022.
Read More »Iran. Kazakhstan Open Joint Economic Studies Center
Kazakhstan’s Eurasian National University. in a joint project with Tehran-based Allameh Tabatabai University of Iran. opened the Iran-Kazakhstan Economic Studies Center.
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