Wind
2022, February, 9, 12:25:00
OIL PRICES 2022-23: $87-$68
This dynamic leads to rising global oil inventories from 2Q22 through the end of 2023, and the Brent spot price will fall to an average of $87/b in 2Q22 and $75/b in 4Q22. The Brent price will average $68/b for all of 2023.
2022, February, 8, 13:40:00
AUSTRALIA'S RENEWABLE 1.6 GW
RES has acquired Blueshore, an asset management business with 1.6 GW of renewable projects under management in Australia.
2022, February, 7, 11:10:00
NORWAY WIND ENERGY 4.5 GW
Utsira Nord has an offshore wind potential of 1.5 GW (the other area, Sørlige Nordsjø II, has a potential of 3 GW).
2022, February, 4, 10:35:00
RUSSIAN ARCTIC WINDY HYDROGEN
Called Snowflake – but also known by the less eloquent ‘Arctic Hydrogen Energy Applications and Demonstrations’ project – the facility will be a year-round scientific hub for the development, testing and maturation of carbon-free technologies robust enough to operate in extreme Arctic conditions.
2022, February, 1, 14:30:00
CHINA NON-FOSSIL ELECTRICITY 50%
China, the world's biggest greenhouse gases emitter and coal consumer, is expected to add 180 gigawatts (GW) of new power generation capacity from non-fossil fuel sources during 2022, driving total non-fossil fuel capacity to 1,300 GW, according to a report issued by the China Electricity Council (CEC) late on Thursday.
2022, February, 1, 14:25:00
SAUDI ARABIA'S NEOM $500 BLN
Neom, which will be built along Saudi Arabia's borders with Jordan and just across the narrow Strait of Aqaba from Egypt's Sinai Peninsula, is a linchpin of the world's largest oil exporter's plans to diversify its fossil fuels-dominated economy.
2022, February, 1, 14:20:00
BRITAIN WIND ENERGY 14.8 GW
Wind generation rose as high as 14,822 megawatts, surpassing the previous record of 14,286 megawatts set in May 2021, according to data from National Grid.
2022, February, 1, 14:15:00
AUSTRALIA'S RENEWABLES 12 GW
Australia’s largest planned Renewable Energy Zone (REZ) is to be built in the New South Wales (NSW) northeast with the state government announcing the New England REZ, which will deliver at least 8 GW of new network capacity, has been formally declared.
2022, February, 1, 14:10:00
PHILIPPINES RENEWABLE 2 GW
The Philippine Department of Energy has initiated a tender for 2,000 MW of renewable capacity, including 1,260 MW of solar, 380 MW of wind, 230 MW of biomass and 130 MW of hydro.
2022, February, 1, 14:05:00
ITALIY'S RENEWABLE 1.5 GW
The auction for large renewable projects (>1 MW), with 3,897 MW of capacity available, attracted 108 bids totalling 1,352 MW and only 84 bids totalling 1,093 MW were admitted (28% of the available capacity).
2022, January, 31, 12:15:00
RENEWABLES PRICES WILL RISE
This duplication of generating capacity increases electricity infrastructure investment, thus increasing required return on investment and consumer electric rates.
2022, January, 28, 11:30:00
CHINA RENEWABLES +101 GW
Chinese state broadcaster CCTV said that when taking all solar and wind generation in account, the country added a whopping 101 gigawatts of renewable energy capacity in 2021.
2022, January, 27, 12:20:00
ENEL RENEWABLES 5.1 GW
Enel Green Power (EGP) added 5,120 MW of new renewable power capacity in 2021 (+65% compared to 2020), including 220 MW of battery capacity.
2022, January, 25, 12:40:00
S.KOREA'S OFFSHORE WIND +1.6 GW
Under the two agreements, the three groups will explore key areas of collaboration on Ørsted’s Incheon offshore wind project, contributing to the growth of offshore wind power in South Korea
2022, January, 24, 12:00:00
BRAZIL ELECTRICITY DEMAND UP
Brazil's electricity demand increased by 4.1% in 2021 to an average of 64.7 GW, according to Cámara de Comercialização de Energia Elétrica (CCEE).