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The Oil & Gas Industry Doesn’t Have a Bright Future
The oil and gas industry has been in a recession, effectively since the global financial crisis 11 years ago. Each year, production volumes have increased by more than global demand, meaning that the market has been in decline, with lower…
Siemens Gamesa Launches 14 MW Offshore Direct Drive Turbine with 222-Meter Rotor
The winds of change have never been stronger, especially when it comes to meeting the world’s needs for clean, renewable energy. Siemens Gamesa’s new SG 14-222 DD offshore Direct Drive wind turbine now sees the light of day as a…
As the Health Crisis Hammers the Auto Industry, Electric Cars Remain a Bright Spot
Beyond the immediate impact on health, the Covid-19 pandemic is causing a major shock to the global economy. Electric cars – a key element of transitions to cleaner energy – are being affected in key markets. But despite the crisis,…
Two Thirds of World’s Citizens Agree Climate Change Is as Serious as Pandemic
A new Ipsos poll conducted in 14 countries finds that 71% of adults globally agree that, in the long term, climate change is as serious a crisis as Covid-19 is. The survey shows widespread support for government actions to prioritise…
Sweden Shutters Last Coal-Fired Generating Plant 2 Years Early
It’s good news when a nation makes plans to rid itself of electricity generated from burning coal. It’s even better news when it does so ahead of schedule. Swedish utility Stockholm Exergi announced some time ago it would shut down…
Renewables Account for Almost Three Quarters of New Capacity in 2019
The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all power expansion last year, according…
Battery Storage Paves Way for a Renewable-Powered Future
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity storage technologies…