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Medium-Term Coal Market Report 2016
Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal forecast from the International Energy Agency. The share of coal…
OPEC and non-OPEC Ministerial Meeting
Following the ‘Vienna Agreement’ decided upon at the 171st Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) on 30th November, 2016, Ministers from OPEC met with a number of Ministers from non-OPEC oil producing countries…
Enel Starts Operation of Integrated Geothermal-Hydropower Plant in Utah
Enel S.p.A., through its subsidiary Enel Green Power North America Inc. (EGPNA), has begun operation of its Cove Fort geothermal-hydropower plant. EGPNA added a fully submersible downhole generator technology to a geothermal injection well at Cove Fort in Utah, U.S.…
EIA Updates 2017 Bioenergy, Wood Heating Forecasts
The U.S. Energy Information Administration has released the December edition of its Short-Term Energy Outlook, predicting nonhydropower renewables will generate 8 percent of the nation’s electricity in 2016, increasing to 9 percent in 2017. Wood biomass is expected to be…
Clean Energy Jobs Increasing, Fossil Fuel Jobs Decreasing, Says IRENA
IRENA, the International Renewable Energy Agency, says the trend is clear. Jobs in clean energy industries like solar, wind, geothermal and hydroelectric are increasing while jobs in oil, natural gas, and coal extraction are decreasing worldwide. About 8.1 million people…
REECO Holding named a new management in REECO SRB
REECO Holding named a new management of the office, responsible for Western Balkans activities in Novi Sad. Ms. Ljiljana A. Milanković, is the new project manager of REECO in Serbia. Plans for 2017 and organisation of brand new concept of…
SunPower Shuts Plant, Cuts Jobs 25 Percent to Survive Solar Slump
SunPower Corp. is following through with a planned restructuring effort that will reduce its workforce by 25 percent to cut costs after solar prices plunged in an oversupplied market. The second-biggest U.S. panel-maker will cut 2,500 employees to reduce operating…