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Power Construction
Chance of power market reversal weighs on Mexico
A possible constitutional electricity overhaul will dominate the outlook for Mexico's power sector in 2022, even if chances for its passage appear difficult.
Energy Security
Power Supply Crunch in 2022 Looms in the Philippines
Demand is rising, yet no new power supply is coming to the market.
Electricity Reform
France Needs to Reform Its Power Market: IEA
France could "progress faster" in its energy transition and should carry out power market reforms to foster competition and improve system flexibility.
Electricity Trade
Power Exchange in Montenegro to Become Operational in H2 2022
Montenegrin power exchange operator Berza Električne Energije, the European Power Exchange – EPEX SPOT, and Slovenian power exchange BSP SouthPool have signed…
Electricity Reform
Coal Plant Restriction to Reform S Korea’s Power Market
The South Korean government is considering an annual cap on coal-fired generation from 2022 and a new spot and forward auction system to enable utilities to bid…
Electricity Transmission
Europe’s NordLink Enters Operational Trial Run
The Nordlink interconnector, a 623-km long high-voltage direct current electricity interconnection that links the German and Norwegian power markets is now live…
Market Analysis
GWEC: Wind Power Market Set for Record Growth Despite COVID-19
According to the latest market outlook published by GWEC Market Intelligence, 71.3GW of wind power capacity is expected to be installed in 2020 despite the impa…
Solar Power Plant
Forget King Coal. Solar Is ‘New King’ of Global Power Markets, Says IEA
The global energy watchdog continues to upgrade its renewables outlook but warns that grid upgrades and coal closures must follow.
Solar Power Plant
KHNP to Enter South American Solar Power Market
The consortium is promoting a 6.6MW solar power plant in Guadalupe and a 6.4MW plant in Maria Pinto, both near Santiago, the capital of Chile.
Wind Farm
Vestas Enters Colombian Wind Market
Vestas has entered the Colombian wind power market with a 20MW turbine order for the Guajira 1 project.
Solar Power for Home
Lumos to Expand Solar Footprint in Nigeria with Latest Investment Win
Solar home system provider Lumos has obtained $35 million in financing from the US International Development Finance Corporation to expand its existing solar po…
Hydropower Plant
ANDRITZ to Supply Equipment for Kutehr Hydropower Plant in Himachal
It has received a contract from Indian independent power producer JSW Energy Limited to supply electro-mechanical equipment for Kutehr hydroelectric power plant…
Market Analysis
251GW New Chinese Wind Expected this Decade
China is expected to add 251GW of new wind capacity between 2020 and 2029 but additions will take a 16% hit from next year due to the end of subsidies.
China
China to Add 251GW of New Wind Capacity by 2029
China is expected to add 251 gigawatts (GW) of new wind capacity between 2020 and 2029, says Wood Mackenzie. The country’s wind power market could reach a cumu…
Wind Power Project
Shanghai Electric Shares China’s Wind Power Market Outlook
With China’s first 8MW offshore wind turbine featuring “black start” technology entered its service recently, Shanghai.
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