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Latest Other Update
German utilities RWE and Innogy have embarked on a study investigating...
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2018 continues growth trend in renewables
The decade-long trend of strong growth in the global renewable energy sector continued in 2018, according to the International Renewable Energy Agency (IRENA).
Wind sector needs to take action on PPAs
Europe’s wind energy sector needs to take the initiative on managing long-term risks according to financial investment firm Augusta & Co.
Power fleet faults leads to Eskom load shedding
Eskom has been forced to implement more round of load shedding this month due to repeated faults at the firm’s power plant fleet.
EU sued over biomass climate impacts
A group of environmental organisations are claiming that the use of biomass in energy generation is undermining efforts to slow climate change.
Greece prepares for 600 MW renewables round
Greece’s regulator has announced details of the country’s next renewable energy tender.
Power sector faces extensive skill shortages – new report
The third annual Global Energy Talent Index shows that power companies face a difficult task balancing the need to address current talent shortages with adapting to the changing...
Energy trends show mixed signals – IEA report
The International Energy Agency (IEA) says that there are “mixed signals” about the pace and direction of change in global energy markets.
UK Capacity Market is on hold
The General EU Court of Justice has annulled the Commission’s decision not to raise objections to the aid scheme establishing a capacity market in the UK.
WEMO report indicates climate aims challenged by economic growth
Capgemini's latest world energy market report underlines China’s role as a leading worldwide player in technology, equipment and utilities ownership.
Global energy investment set to fall – DNV
Global spending on energy as a proportion of economic output is set to slow sharply as energy demand declines, according to DNV GL.
UK offshore wind capacity set to double
The UK’s Department for Business, Energy and Industrial Strategy has announced new auctions to secure renewable energy sources. This is likely to lead to a doubling of the...
Ontario cancels renewables contracts
The government of Ontario has announced plans to cancel contracts with renewable energy projects in a bid to cut energy costs for ratepayers.
Global energy investment in 2017 failed to keep up with targets
Global energy investment totalled USD 1.8 trillion in 2017, a 2% decline in real terms from the previous year, according to the the IEA's latest report.
Air conditioning will drive growth of electricity demand
The growing use of air conditioners in homes and offices will be one of the top drivers of global electricity demand over the next three decades, according to new analysis by the IEA.
Greece plans renewables auctions
Greece’s government has announced details of the country’s first renewable energy auctions.
HSBC abandons tar sands projects
HSBC, Europe's biggest bank, has announced that it will no longer provide project finance for new tar sands projects, including the construction of any tar sands pipelines.
Fossil fuels being left behind by falling renewables costs
The latest assessment by Bloomberg New Energy Finance of comparative costs worldwide shows an 18% improvement in the competitiveness of onshore wind and solar in the last year.
Global energy demand grew by 2.1% in 2017
Global energy demand rose by 2.1% in 2017, more than twice the previous year's rate, boosted by strong global economic growth.
New opportunities seen in new Irish market
New analysis of Ireland’s planned new single electricity market shows that it will encourage a shift towards a greener and more flexible energy system.