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Global Coal Demand is Set to Plateau Through 2027
After reaching a new high in 2024, global demand for coal is set to level off in the coming years as a surge in renewable power helps to meet soaring demand for electricity around the world, according to an IEA…
Technology Breakthroughs are Unlocking Geothermal Energy’s Vast Potential in Countries Across the Globe
With global electricity demand set to grow strongly, new technologies are opening up the massive potential of geothermal energy to provide around-the-clock clean power in almost all countries around the world, according to a new IEA report. The report, The…
New Study Reveals the Best Locations for Building Solar and Wind Power Plants
In an era of rapid transition to renewable energy sources (RES), deciding where to build a solar farm or wind power plant is crucial for maximizing resource utilization and reducing costs. A new study, published in the prestigious journal Cell…
How Renewing Old Wind Turbines Contributes to Greater Energy Production Efficiency
Wind energy is not a new way of producing renewable energy, as the first commercial wind farms began to be built in the second half of the 20th century. Consequently, a growing number of wind turbines in Europe are nearing…
Construction Progresses on the „Kostolac” Wind Farm
The construction of the „Kostolac” wind farm is currently underway, set to provide electricity for over 30,000 households. This 144 million euros investment is financed through German development cooperation: KfW Bank has provided a 110 million euros loan, while the…
The European Wind Industry Requires 200,000 New Workers by 2030
The wind energy sector in Europe faces significant challenges and opportunities as it prepares for substantial expansion over the next six years. With ambitious climate goals and the need to increase energy independence, the European Union plans to boost wind…
How Did Pakistan Experience a „Solar Boom”?
The rapid expansion of solar energy in Pakistan, driven primarily by market forces and minimal political support, serves as a valuable example for other developing markets. The drop in solar panel prices, coupled with a sharp increase in electricity costs—rising…