Yet ratepayers have not been able to benefit from these significantly lower costs of clean energy

Renewable power production in Argentina jumped by 85.9% year-on-year to 956 GWh in January

Brazil's solar power output in the first 15 days of the month went up to 587 average megawatts (MWa) from 495 MWa a year ago for a 18.6% increase.

France's Fessenheim nuclear reactor, on the border with Germany, will be shut down at the end of June

The Netherlands is the European country with the lowest share of renewable in its energy mix with only 7.4% in 2018.

EIA now expects global petroleum and liquid fuels demand will rise by 1.0 million b/d in 2020, which is lower than the forecast increase in the January STEO of 1.3 million b/d in 2020, and by 1.5 million b/d in 2021.

Power Industry 2020 Predictions and Trends: Hydrogen Fuel Cells to Become a Key Player in the Reliable Energy Backup and Storage Space

EDF net income - Group share amounted to €5,155 million at the end 2019, driven in particular by the improvement in the financial result.

The power industry is evolving because it must meet a growing demand for electricity, as the world population continues to increase and developing countries industrialise.

Turkey had invested around $40 billion in renewables over the last decade

Last year alone, the EBRD financed almost 2.25 GW of new renewables across its region. The Bank is currently working with 14 governments to start or launch renewable energy auctions.

EIA forecasts Brent prices will average $61/b in 2020; with prices averaging $58/b during the first half of the year and $64/b during the second half of the year. EIA forecasts the average Brent prices will rise to an average of $68/b in 2021.

India’s national transmission grid must urgently modernise to increase the rate of renewable energy adoption

Global nuclear power generation will need to significantly expand beyond its historical markets, including in so-called newcomer countries interested in introducing this reliable source of low carbon electricity, if the world is to have a reasonable chance at meeting climate change goals.

Mr Grossi said many countries were expanding or introducing nuclear power as part of their energy mix despite the Fukushima Daiichi accident in Japan almost a decade ago and highlighted its role in fighting climate change.