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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…
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 less electricity than in 2022. However, it should…
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 primarily from China, India and Southeast Asian countries,…
UK Experts Back Subsidies for Mini Nuclear Power Plants
The UK Government should provide subsidies to developers of mini nuclear power stations like it did with the offshore wind industry. That’s the recommendation of the Expert Finance Working Group (EFWG), an independent group convened by BEIS in January to…
World’s Biggest Oil Exporter Sets Ambitious Renewable Energy Goal
Saudi Arabia, the world’s biggest crude oil exporter, is launching an ambitious renewable energy program to transform its power sector. The kingdom is pledging between $30-$50 billion to develop 30 solar and wind projects over the next 10 years to…
GE Enhances Digital Power Plant Software and Extends Reliability and Efficiency Apps to Hydropower and the Electricity Grid
GE announced two days ago a significant expansion of its suite of Predix -based software for power producers, grid operators and energy managers. GE’s latest release of Digital Power Plant software for gas, steam and nuclear plants features new tools…