This rise. from 24.6TWh to 27.1TWh over the course of a year. was driven by an increase in clean capacity.
Read More »Useful Lifespan of Wind Farms Increases to 30 Years
A new report shows that for a project with a 30-year lifespan. the levelised cost of energy is around $33.5 MWh.
Read More »EIA Projects Strong Asian Growth Drives a 50% Increase in Global Energy Usage by 2050
In its International Energy Outlook 2019 (IEO2019). the U.S. Energy Information Administration projects that world energy consumption will grow by nearly 50% between 2018 and 2050.
Read More »World’s Coal Emissions Must Peak in 2020 to Keep Climate Change in Check
A new report warns the polluting fossil fuel must be cut from global electricity generation entirely by 2040.
Read More »FERC Approves Eagle LNG
The Federal Energy Regulatory Committee (FERC) has conditionally approved a small-scale liquefaction project in Jacksonville. Florida.
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 »Wind to Be Fastest Growing Power Source in the US in 2020
The Energy Information Administration forecasts power production from wind turbines will rise by 6% in 2019 and 14% next year.
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 »Russia’s Loan for Power Plant Construction in Southern Iran Finalized
Iran’s Minister of Energy announced that the formalities for a €1.2-billion loan were exchanged between finance ministries of his country and Russia. adding that Tehran will use the money for constructing a major electricity project South of Iran.
Read More »IEA Releases Latest Review of US Energy Policies
The abundance of low-cost natural gas has resulted in gas-fired generation overtaking coal-fired generation in the power sector.
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