Renewable energy investment H1 2019

Renewable energy investment dips 14% to $117.6 bn in first half

Renewable energy investment dropped 14 percent to $117.6 billion in the first half of 2019, according to the latest figures from BloombergNEF (BNEF). The report...
Duke Energy Renewables

FERC revises forecast in U.S. electrical generating capacity mix

Federal Energy Regulatory Commission (FERC) has revised its 3-year forecast in the U.S. electrical generating capacity mix. There will be declines for fossil fuels and...
GE Power China

GE to demolish power plant in California due to non-viability

General Electric plans to demolish a 750-megawatt natural-gas-fired power plant it owns in California this year after one-third of its useful life due to...
Duke Energy Renewables

Renewables industry needs more reforms to grow business

More renewable power capacity was installed than fossil fuel and nuclear power combined - 100 gigawatts (GW) of solar PV alone was added in...
NEO 2019

New Energy Outlook 2019 from BloombergNEF

Drop in wind, solar and battery technology costs will result in a grid nearly half-powered by the two fast-growing renewable energy sources by 2050,...
Duke Energy Renewables

Energy investment reaches $1.8 trillion in 2018: IEA

Global energy investment totalled more than $1.8 trillion in 2018, a level similar to 2017 -- ending three consecutive years of decline. Capital spending on...
Wartsila 20DF engine for LNG vessel applications

Wartsila wins LNG dual-fuel generating set order in China

Wartsila has won a contract to supply 40 20DF dual-fuel generating sets for 12 new LNG fuelled platform supply vessels (PSV) in China. Wartsila, which bagged...
LNG supply demand

LNG market trends show issues from excess supply and demand

The liquefied natural gas (LNG) market is set to see shifts between excess supply and excess demand during 2019-2023. LNG exports and imports rose 10...
Renewable energy capacity addition in regions

Renewable energy capacity grew by 180 GW in 2018: IEA

Renewable energy capacity -- from solar PV, wind, hydro, bioenergy, and other renewable power sources – rose by about 180 GW in 2018, the...
Nuclear energy forecast

IEA projects that 50 countries will be importing LNG by 2025

The International Energy Agency (IEA) projects that 50 countries will be importing LNG by 2025 against 10 at the start of this century. Fatih Birol, executive...




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