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Electrification
Electrification is ‘Cheapest Way to Hit Net Zero’
Wind energy can help electrify 75% of Europe’s energy demand to deliver climate neutrality by 2050, says ETIPWind
Video: Expect a Big Rebound in Global Energy Demand in 2021
Oil prices have broken through $50 a barrel for the first time since February, and Big Oil stocks have seen a bounce with Exxon up 44% from its year low and Che…
Solar Power Plant
Milestone Reached for Abu Dhabi Solar Plant
The 1.2-GW power plant has more than 3.3 million solar panels on a single site, reflecting the progress made in the UAE to address the rising energy demand.
Offshore Wind Power
Offshore Wind Can Meet 90% of US Energy Demand by 2050 Says Study
A new report released by the Environment America Research and Policy Center states that using offshore wind energy, the US has the potential to meet 90% of its …
SINOPEC
China's Sinopec Raises 2021 Capital Expenditure by 23.8%
Sinopec expects to spend 66.8 billion yuan on upstream exploration focusing on shale gas development in southwest China and construction of liquefied natural ga…
Substation
Enel Peru to Meet Growing Energy Demand with Efacec’s Digital Substation
Enel Peru has announced the operation of its new digital substation 175km north of the country’s capital city Lima.
Oil & Gas Supply
COVID-19 And Electrification Bring Hydrocarbon Demand Peak Forward To 2027, Says McKinsey & Company
The pandemic has resulted in a profound reduction in energy demand, from which McKinsey expects it will take between one to four years to recover – with electr…
Hydrogen Project
Europe’s Hydrogen Projects Set to Double Due to Clean Energy Demand
The number of planned or announced hydrogen projects across Europe is almost double that of current operational projects, according to research by global law fi…
United Kingdom
BP Profit Sinks As Epidemic Pummels Demand
On annual basis, BP sunk to a loss of $5.7 billion, its first in a decade after it wrote down the value of oil and gas assets by $6.5 billion as a result of sha…
Floating Solar Project
Large Scale Floating PV to Sell Power at $0.0368/kWh in Indonesia
A new report from the Institute for Essential Services Reform (IESR) shows that PV has not been growing significantly in Indonesia in recent years, despite the …
Energy Storage Battery
Enel X to Operate Battery Facility for one of California’s Largest Wineries
Global energy services company Enel X has been selected to operate a battery storage system on behalf of Vintage Wine Estates in the US state of California.
Nuclear Power Plant
Video: The Philippines Considers Reviving Nuclear Plant to Meet Energy Demand
The Philippines is looking to revive its dormant nuclear power plant to solve its energy crisis.
Nuclear Power Plant
Hinkley Point C Nuclear Power Station Delayed and Costs Rise
Hinkley Point C – the nuclear power station being built in Somerset – is set to be delayed and costs are likely to be £500 million more than previously thoug…
Oil Price
Covid-19 will Speed up Global Energy Transition and Dampen Oil Prices
All forms of energy needed' to meet 45% rise in energy demand by 2045.
Market Analysis
Electricity to form 30% of Turkey Energy Demand by 2040
Final energy demand will increase by 40% while electricity demand will grow by around 70% to 90% by 2040
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