Auto Added by WPeMatico
(Reuters) – Several offshore wind developers will likely bid in New York’s fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP. The development of the U.S. offshore wind industry took a major blow last year when companies working in several states said they could no longer …
Big Turnout Expected in New York Offshore Wind Power Auction Read More »
Wind turbines when it’s -30°C: Courtesy of GIPHY Consumers in wealthy nations have come to expect a perfectly reliable supply of electricity. Anything less feels almost unimaginable. However, with much of Canada and US, currently experiencing a cold snap often referred to as “winter”, how are electricity and grid operators adapting to keep the heat …
Electricity in the Depths of Winter – ENERGYminute Read More »
(Reuters) – Power generated from low-emissions sources, such as wind, solar and nuclear, will be adequate to meet growth in global demand for the next three years, the International Energy Agency (IEA) said, adding power sector emissions are on the decline. Following record growth, electricity generation from low-emissions sources will account for almost half of …
Growth in Low-Emissions Power Expected to Cover Demand – IEA Read More »
Elections in big economies such as the US, Mexico and Indonesia, and the global climate summit being held once again in a petrostate has business leaders unsure if the energy transition will accelerate this year. Bloomberg Expectations of more extreme-weather events, alongside the possibility of Donald Trump’s election as US president, set the tone for …
Davos Elite See Trump Among Hurdles for Green Growth in 2024 Read More »
(Reuters) – Wind and solar are set to lead U.S. power generation growth for the next two years following new renewable energy instillations, Energy Information Administration (EIA) said on Tuesday. U.S. solar power generation is expected to grow 75% to 286 billion kilowatt hours (kWh)in 2025 from 163 billion kWh in 2023 as more generation …
Wind, Solar to Lead U.S . Power Generation Growth Over Next 2 Years, EIA Says Read More »
NEW YORK, Jan 16 (Reuters) – Developers of renewable energy projects selling unused U.S. tax credits to other companies now account for a market worth between $7 billion and $9 billion, buoyed by legislation in 2022 that made these trades possible, a new study shows. President Joe Biden’s climate law aimed to stoke trillions of dollars of investment to …
U.S. Energy Tax Credit Trading Grows to as Much as $9 billion, Study Finds Read More »
(Reuters) – China’s status as the colossus of renewable energy is set to be cemented in the next five years, with the world’s second-biggest economy adding more capacity than the rest of globe combined. The International Energy Agency said in its Renewables 2023 report, released on Thursday, that China will account for 56% of renewable …
China Dominates Renewable Energy and Coal Power Forecasts Read More »
(Reuters) – Global renewable energy capacity is expected to grow by two and a half times by 2030 but governments need to go further to achieve a goal of tripling it by then agreed at United Nations’ climate talks, the International Energy Agency (IEA) said. In its annual renewable energy outlook report, the IEA said …
Renewable Energy Growth Must Accelerate to Reach 2030 Goal – IEA Read More »
By Rod Nickel (Reuters) – Canadian pipeline company Enbridge (ENB.TO) is keen on further offshore wind investments in France, but will avoid the United States, where cost and supply chain problems have contributed to offshore projects collapsing, a senior executive said. Rising costs have led to canceled projects in the U.S. and Britain while putting others at risk. …
Enbridge Eyes France for Offshore Wind Investments and Will Avoid U.S. Read More »
With supply rising rapidly and use in power generation threatened, overseas demand for LNG is the only bright spot around. By Liam Denning Liam Denning is a Bloomberg Opinion columnist covering energy. A former banker, he edited the Wall Street Journal’s Heard on the Street column and wrote the Financial Times’s Lex column. It is …
COMMENTARY: War, Wind and Solar Spell Trouble for Gas Bulls Read More »
