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Energy economy
Iran, Iraq and Suleimani: How Will Things Play Out for Energy Markets?
It’s winter in Baghdad, but the US killing of Iranian major general Qassem Suleimani and Iraqi militia leader Abu Mahdi Al Muhandis has raised the already heat…
Iran Tension May Push up Fuel Prices, Spook Bid to Boost Economy
Global oil prices spiked 4 per cent on Friday as tensions flared up in the Middle East, setting off worries over an extended spell of market volatility hitting …
Britain's Renewables Produced More Electricity Than Fossil Fuels in 2019
BRITAIN, the birthplace of coal power, produced more electricity from zero-carbon sources such as wind, solar and nuclear than from fossil fuel plants for the f…
US Grid Forced to Raise Wind And Solar Price to Match Fossils
Federal regulators have ordered the US’s largest grid operator to raise prices of wind and solar power so they are in line with fossil fuels. FERC was accused …
Fraud-struck CG Power Sells Overseas Assets to Repay Debt
The manufacturer of power and distribution transformers is valuing its global assets at around $250 million.
World-Energy Wishes Merry Christmas and All the Best for the New Year
World Energy wishes you and your family a happy holiday season and all the best for the New Year.
Cabinet Approves Renewable Energy Cooperation Agreement with Saudi Arabia
The memorandum of understanding involves upgrading the level of technologies and their applications in the field of renewable energy.
Aramco Stocks Give up about Half of Gains since Debut
Saudi Aramco shares extended their losses for a fourth session, reversing about half the gains accumulated from the rally following its historic trading debut.
EDF's Imtech Acquires Energy Performance Firm Breathe
Breathe was established in 2010 to deliver engineering solutions to reduce energy consumption and carbon emissions, renew infrastructure, save operating costs a…
EIB Will Provide €330 Million to Support the Czech Republic Reinforce Grid Network
CEZ will use the funding to reinforce and refurbish medium and low-voltage networks in Plzeň, Karlovy Vary, Ústí nad Labem, Central Bohemia, Liberec, Hradec …
UK Government Figures Shows: Renewables Outperform Gas
The latest Energy Trends report, published by the Department for Business, Energy and Industrial Strategy (BEIS) shows that in the third quarter of 2019 renewab…
Market Analysis
ICRA Revises The Power Sector Outlook from Stable to Negative
According to ICRA Research, the all India electricity demand growth declined to 1.2 per cent in 8M FY2020 on a year-on-year basis (YoY) against the 6.4 per cent…
African Union to Develop A Blueprint for A Pan-continental Electricity Network and Market
The agreement to set up a Continental Power System Master Plan between the Bank and AUDA-NEPAD was unveiled recently during a three-day workshop on the sideline…
Zambia Looks to Brazil for Help in Biofuel Industry
Zambia’s Ambassador to Brazil, Dr. Alfreda Kansembe has held bilateral talks with Brazil’s Sugar, Ethanol and Energy companies in an effort to find partners t…
Siemens Working on Modern Power Plants in Iran
Germany’s engineering giant Siemens, in a joint project with Iran’s largest energy construction and engineering group Mapna, is working on launching power pla…
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