2023, August, 25, 06:35:00OIL PRICES 2023-24: $83 - $86
The Brent crude oil spot price averages $85 per barrel (b) in August. The Brent price averaging $86/b in the second half of 2023 (2H23).
2023, July, 28, 06:55:00GLOBAL SOLAR MARKET INSTABILITY
These projects total 167 gigawatts of new generation capacity. The total monetary value is estimated to be $33 billion. That is assuming they get built.
2023, July, 21, 06:50:00GLOBAL CLIMATE WANT MONEY
BNEF estimates that the global annual green investments would need to almost triple to $6.9 trillion by 2030 to have any hope of getting to net zero by 2050.
2023, July, 21, 06:45:00BAD WIND & SOLAR STRATEGY
Wind employs twice as many people as coal power generation. However, coal still produces 19.5% of our electricity while wind only accounts for 10.2%.
2023, July, 14, 06:55:00OIL PRICES 2023-24: $80 - $84
The Brent crude oil spot price will average $80 per barrel (b) in 4Q23 and $84/b in 2024.
2023, July, 7, 06:35:00EUROPEAN GREEN ENERGY CRISIS & POLICY
By 2021, wind, solar, and natural gas provided 48 percent of Germany’s electricity, and provided most of the electricity consumed in Italy (63%), the UK (64%), and the Netherlands (78%).
2023, June, 16, 06:50:00GLOBAL RENEWABLES UP BY 107 GW
Global renewable capacity additions are set to soar by 107 gigawatts (GW), the largest absolute increase ever, to more than 440 GW in 2023.
2023, June, 9, 06:40:00OIL PRICES 2023-24: $79 - $84
The Brent crude oil spot price will average $79 per barrel (b) in the second half of 2023 (2H23) and $84/b in 2024.
2023, June, 2, 06:30:00BRITAIN'S SOLAR COLLAPSE
Interpath Advisory was appointed to handle the administration and sale of Toucan last November, as Thurrock Council in Essex revealed it was owed £692 million ($857 million) by the business. Interpath, which has hired advisers from KPMG to oversee an auction of the 53 sites, is hoping to recover losses through the sale of the farms.
2023, May, 26, 06:40:00U.S. RENEWABLES UP
New utility-scale solar capacity was 2,530 megawatts (MW) or 39.56% of the total ... and that does not include small-scale distributed PV systems. New wind capacity provided 1,475-MW or 23.06% of the total.
2023, May, 19, 06:30:00RENEWABLES FOR BRITAIN
In order to meet this goal, the UK must produce five times as much solar and four times more wind.
2023, April, 28, 06:15:00U.S. SOLAR INVESTMENT $8 BLN
Over $8 Billion Available Through Prizes, Private Capital, and a Conditional Loan Commitment Will Expand Access to Cheaper, Cleaner Energy for American Families and Deploy Solar Power to Underrepresented Communities
2023, March, 24, 07:25:00GLOBAL RENEWABLES CAPACITY UP
Renewable generation capacity increased by 295 GW (+9.6%) in 2022. Solar energy continued to lead capacity expansion, with a massive increase of 192 GW (+22%), followed by wind energy with 75 GW (+9%). Renewable hydropower capacity increased by 21 GW (+2%) and bioenergy by 8 GW (+5%). Geothermal energy increased by a very modest 181 MW.
2023, March, 15, 07:00:00CHINA ENERGY MODERNIZATION
China has accounted for the world's largest solar capacity addition in recent years, with around 30% of installed global capacity, but most of the low-hanging fruits have been picked, and deeper penetration into the energy mix requires overhauling large parts of the power system.
2023, March, 15, 06:50:00INDIA ENERGY RISKS WILL UP
India has also neglected its hydropower potential, which accounts for only around 13% of the country's total installed capacity.