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Wood Mackenzie reveals energy sector’s top ten trends in 2021
Wood Mackenzie analysts on what we should expect in energy in the coming year, from oil markets to solar costs and coal exports to EVs.
Wind Power
RES Built 2.2GW of Clean Power in 2020
RES completed construction of 2200MW of new renewable energy projects in 2020, bringing the total volume of operational developments the company supports to 7GW
Climate Change
Eni and Partners to Build New Open Digital Platform for Energy Transition Players
The move comes on the back of the Italian player Eni’s efforts to transform into an energy company focused on a ‘just energy transition’.
Wind Power
Neoen Signs Power Purchase Agreement with Consortium in Finland
Renewable energy company Neoen has signed a 126MW power purchase agreement in Finland with a consortium formed by Heineken, Philips, Signify and Nouryon.
Solar
Mytilineos Wins Major Solar Contract in Chile
Greece’s Mytilineos has been named the official EPC contractor for the 118.4MW Pampa Tigre project in the Antofaghsata region of Chile.
Climate Change
Repsol Targets 15GW of Renewables Capacity by 2030
Repsol will ramp up investment in solar PV and wind in the next five years as looks to reach 15GW of renewable energy capacity by 2030.
Coal
South Korean Coal Restrictions to Edge up This Winter
South Korean state-owned Kepco utilities operated 56 coal-fired units with a combined capacity of 33.7GW.
Climate Change
UK Aims to Increase Renewable Energy Capacity by 12GW
The UK Government is planning to increase renewable energy capacity to 12GW in the fourth round of the Contracts for Difference scheme, which will open next yea
Policy & Regulation
UK Government Announces Energy Transition Hit List
UK prime minister Boris Johnson has announced a 10-point list of priorities for the country’s energy transition.
Policy & Regulation
NJ Clean Energy Equity Act Passes Senate, Low-Income Communities Set for Solar Benefit
New Jersey’s State Senate has passed the Clean Energy Equity Act, a Bill which could bring hundreds of megawatts of solar to low-income families in the state.
Energy Economy
Port of Tyne Sets Up Clean Energy Park
The Port of Tyne has launched a new green energy park which will be used as a strategic base for UK North East’s renewable energy sector.
Energy Economy
Kazakhstan’s Transition from Coal to Renewables gets $95.3m Boost
Help Kazakhstan reduce its reliance on coal for energy.
Thermal Power
Canadian Coal-Fired Plant Converts to Natural Gas Using GE Turbine
Canadian independent producer Maxim Power worked with GE and other companies in its transition from coal-fired to natural gas-fired generation at its Milner II
Thermal Power
New York to Transition Seven Peaker Gas-Fired Power Plants
The New York Power Authority is looking at renewables with battery storage and low-to-zero carbon emission technologies to meet the peak energy demands of New Y
Climate Change
Biden's Warning on Oil Tests Voter Resolve on Climate Change
The plan implied that he would wean the U.S. off oil and gas, but Biden wasn't so explicit about the industry's fate - until Thursday night.
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