News

Wood Mackenzie sees peak oil coming in 20 years

Financial Times ($): One of the world’s most influential oil consultancies has forecast that global oil demand will peak within 20 years, as a “tectonic” shift in the transport sector towards electric cars and autonomous vehicles gathers pace. Wood Mackenzie, which works closely with companies across the energy industry, said in its long-term outlook that […]

July 18, 2018 Read More →

Deepwater moves ahead with three new offshore wind projects in Northeast

Associated Press: The developer of the first offshore wind farm in the U.S. is ramping up work on projects to supply energy to several states. Deepwater Wind CEO Jeff Grybowski said Monday they’re beginning the next, larger phase of development for a wind farm to supply power to Rhode Island and Connecticut, another for Long […]

July 18, 2018 Read More →

Taiwan begins work on country’s largest solar station

Taiwan News: Taiwan’s largest solar power station was officially launched on July 17 in Changhua, with the 347 hectare site expected to have a total power capacity of 320 megawatts. The floating solar plant will be built on reclaimed land in Xianxi Township, Changhua County as part of a purpose-built renewable energy area. The solar […]

July 18, 2018 Read More →

U.K. to require companies to release energy use, CO2 data

Reuters: The British government will force large companies to report their energy use, carbon dioxide emissions and energy efficiency measures in their annual reports from April next year, it said on Wednesday. The government said it wants businesses and industry to improve energy efficiency by at least 20 percent by 2030. A previous company reporting […]

July 18, 2018 Read More →

Small off-grid solar offers big dividends, report finds

PV Magazine: Gogla has released a report showing the positive economic effects of deploying small-scale pay-as-you-go solar systems in off-grid regions. More than half of the survey’s respondents reported having increased economic activity, with many of those starting new businesses or significantly increasing their household income. The data shows that 58% of the households, which […]

July 18, 2018 Read More →

U.K. public pension fund to stop investing in coal

Financial News London ($): The UK public pension fund Nest will cut out coal, uranium and cobalt from its new commodity investments, it said on Monday, as it recruited US-based CoreCommodity Management to manage its money. Nest, which planned a move into commodity assets six months ago, said that CoreCommodity has agreed to take on […]

July 17, 2018 Read More →

Developer plans major PV plus battery storage project in Nevada

Bloomberg: A $1 billion solar project near Las Vegas may help light up the Strip and other parts of Nevada, California and Arizona as early as 2020. The proposed Gemini solar project would be one of the largest in the western U.S., located on almost 44,000 acres of federal land about 25 miles (40 kilometers) […]

July 17, 2018 Read More →

Denmark sees more price reductions in wind power—onshore and off

Nordic Business Insider: To guide the country’s energy strategy the agency has developed a calculator to compare the average costs of various energy sources based on input data and estimates for different future scenarios. The calculator is sophisticated in that it factors in lifetime costs beyond those associated with construction and production – like the […]

July 17, 2018 Read More →

Coal plant closures set to continue in Australia

Renew Economy: “King coal to rule for 20 more years” screamed the front-page lead headline in The Australian, following the release of the Australian Energy Market Operator’s 20-year blueprint for the future of energy, known as its Integrated System Plan. Hate to say this guys, but that’s not what the AEMO report says. Here’s the […]

July 17, 2018 Read More →

Exelon considering battery storage at its nuclear units

S&P Global Market Intelligence ($): The falling cost of lithium-ion batteries has prompted a “shift in the conversation” around energy storage at Exelon Corp., as the U.S. power generation giant and electricity supplier explores “a wide range of applications on both sides of the meter,” a company official said. “We haven’t revealed much of our […]

July 17, 2018 Read More →