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Market Analysis
Energy Supply Will Catch Up With Demand In 2022
Oil and gas supply will grow faster in 2022 than it did in 2021 to the point of catching up and even surpassing energy demand growth.
Energy Storage Project
US Installs Record 3,515 MWh of Energy Storage in Q3
The US energy storage market is gaining momentum installing a record 3,515 MWh in the third quarter of 2021.
LNG
Global LNG Exports Hit Eight-Month High
Global LNG loadings increased in November compared with recent months, and were at their quickest since March, as stronger US and Malaysian output offset slower…
Offshore Wind Power
Offshore Wind Projects Increase Significantly in 2021, Fitch Says
The sector accounts for 55% of the project pipeline, compared with 45% for onshore wind plants
Market Analysis
World Nuclear Energy Day, Honouring an Industry
Today, 2 December, marks the second annual celebration of nuclear energy and the people who make it happen.
Hydrogen Project
EU to Promote Global Hydrogen Markets
Ahead of a major reform of natural gas market rules, the European Commission today committed to promoting competitive markets to enable non-EU hydrogen to be tr…
Solar Power Plant
Germany Deployed 4.42 GW of PV in First Ten Months of 2021
The country’s cumulative installed solar PV capacity has now reached 56.9 GW.
Market Analysis
Brazil’s October Power Consumption Falls 3.4pc
Brazilian power demand fell by 3.4pc in October over the same month last year to an average of 68,793 MW, according to national power operator ONS.
Wind Power in China
China: Wind Power Reaches Big Green Milestone
This is part of the nation's efforts of transitioning to green energy, the National Energy Administration said on Monday.
Energy Storage Project
Long Duration Energy Storage Needs to be Scaled up Drastically
The Long Duration Energy Storage Council has released a report which found that this type of storage needs to be scaled up 1.5 – 2.5TW by 2040, approximately 4…
Market Analysis
Hydrogen Expected to Become Biggest Energy Source in Korea in 2050
The South Korean government has decided to turn hydrogen into South Korea’s biggest energy source by 2050.
Wind Power Project
Wind Power Becoming too Cheap to Support Itself
Major efforts to bring down the cost of generating wind energy should be restrained, the head of a wind turbine making major has warned, citing the industry’s …
Smart Grid
Global Smart Meter Market to Record 7.76% Growth Through 2025
The global smart meter market will record an annual compound growth rate of 7.76% amounting to $11.19 billion between 2021 and 2025.
Germany
Germany to Boost 2030 Offshore Goal to 30GW
New coalition agreement also includes 40GW by 2035 and 70GW by 2045 targets
Market Analysis
Xi Urges Sci-Tech Management System Reform, Development of Unified Electricity Market System
Chinese President Xi Jinping has emphasized the importance of speeding up reform of the science and technology management system
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