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Global Electricity Demand Set to Rise Strongly this Year and Next, Reflecting its Expanding Role in Energy Systems Around the World
The world’s demand for electricity is rising at its fastest rate in years, driven by robust economic growth, intense heatwaves and increasing uptake of technologies that run on electricity such as EVs...
Renewables and Grid Flexibility Would Slash Electricity Prices by a Quarter by 2030, by a Third by 2040
Boosting renewables, electrification and flexibility would structurally ease electricity costs for consumers, increase European competitiveness, and reinforce the business case for solar.
New modelling shows that electrification and flexibility can slash average day-ahead...
How Can the Collision of Salt and Fresh Water Create Electricity?
Estuaries are places where freshwater river and saltwater marine ecosystems meet. They are important for biodiversity, as they are home to many species of plants and animals that have adapted to the...
Denmark’s Latest Offshore Wind Auction Could Award Enough Capacity to Meet the Country’s Entire Electricity Demand
Denmark opened an offshore wind tender which could award up to 10 GW. If successful, the awarded capacity would be enough to meet all of the country’s electricity demand. It could also...
GERMANY: WIND POWER EXCEEDS THE SHARE OF COAL IN ELECTRICITY GENERATION
In 2023, Germany achieved more good results when it came to electricity production. According to the data collated by the Federal Statistical Office - Destatis, last year this country produced 11.8 percent...
IEA: HALF OF ELECTRICITY COULD COME FROM LOW-EMISSION SOURCES BY 2026
The demand for electricity in the next three years is expected to grow by an average of 3.4 percent. About 85 percent of the increase in global demand is projected to come...
The EU built a record 17 GW of new wind energy in 2023 – wind now 19 per cent of electricity production
According to WindEurope data, the EU built 17 GW of new wind farms in 2023: 14 GW onshore; 3 GW offshore. These numbers are slightly up on 2022 and are the most...
Electricity demand for e-vehicles will grow rapidly
Munich (dpa) - In Europe, electricity consumption for electric cars and trucks will probably reach 355 terawatt hours per year by 2040, from the current 16 terawatt hours, according to the results of a study.
In...
Electricity and gas prices stabilize in 2023
After a significant increase in prices that started before the Russian invasion of Ukraine, but skyrocketed through the second semester of 2022, electricity and gas prices are stabilizing. The prices of energy...
MORE ELECTRICITY FROM RENEWABLE SOURCES IN MONTENEGRO
Elektroprivreda Crne Gore (EPCG) has embarked on a substantial investment cycle in the segment of renewable energy sources and investments in numerous new green energy projects. One of these is the Solari...
Declining electricity consumption in advanced economies is weighing on global demand growth this year
EU electricity demand set to drop to lowest level in 20 years, but with global consumption expected to increase strongly in 2024, growth of renewables is more important than ever.
Overall growth in...
Mihajlovic: With Discounts, we Want to Encourage People to Save, we are Struggling to Have Enough Electricity
Deputy Prime Minister and Minister of Mining and Energy, prof. Zorana Mihajlovic, Ph.D., said that the recommendations for reducing consumption proposed by the Ministry can bring savings of 15 percent and at...
By the End of 2022, Serbia Will Have Three Times More Electricity From Solar Sources
This year, Serbia will have three times more electricity produced from solar panels, thanks to the simplified procedures and subsidies of this ministry, stated the State Secretary of the Ministry of Mining...
Mihajlovic: It is realistic that electricity will become more expensive, we have prepared a regulation for vulnerable population
Minister of Mining and Energy Zorana Mihajlovic said that she expects the price of electricity for citizens to rise and that the Regulation on energy-vulnerable customers has been prepared, which will help...
As of September 1, electricity for households 6.5 percent more expensive
Starting from September 1, the price of electricity for households and smaller customers will amount to 8,144 din/kWh and will mark an increase of 6.5 percent compared to the current average price...
Development of the Electricity Network as a Key to a Greater Regional RES Integration
This process is unstoppable in developed countries, but despite the odds and good preconditions we have in this region to a more active approach to green transformation, the process is moving insignificantly....
