Monday, December 23, 2024

Electricity Production News

Government body calls for support of offshore wind in Sweden

The development of offshore wind projects off the coasts of Sweden is not commercially feasible, according to a government panel tasked with speeding up and reviewing the process for authorising new wind farms.

Sweden and Norway consider early termination of green subsidies

They said that on Friday, Sweden and Norway had asked their respective energy regulators for options to end a joint certificate scheme earlier than the current target date of 2035.

Indonesia's plans for renewable energy may endanger forests

Indonesia, which is heavily dependent on coal for electricity, needs to move away from fossil fuels. It aims to generate 75 gigawatts from renewable sources over the next fifteen years.

Russell: China's crude oil imports in November recover and other commodities remain strong

The Chinese economy is having a great week, as the outlook has improved amid new stimulus measures. Commodity imports have also performed well in November. The CSI300 index…

World Bank: Bosnia must invest $6.8 billion to combat climate change impacts

Bosnia and Herzegovina faces risks of flooding, wildfires, and severe air pollution. A World Bank report released on Wednesday said that the country needs to invest 6,8 billion…

Sweden rejects 13 Baltic Sea Wind Farms, citing defense concerns

The Swedish government announced on Monday that it has rejected 13 applications for offshore wind farms to be built in the Baltic Sea because of defence concerns. However, it…

Net zero target needs $3.5 trillion in annual green energy investment, Wood Mackenzie says

Wood Mackenzie's report on Tuesday said that the investment in green energy must double every year to $3.5 trillion if we are to reach the Paris Agreement goal of net zero emissions by the year 2050.

China's rapid electricification is hurting oil producers, says Russell

O Ver-estimating China's desire for crude oil has played a role in the oil markets, particularly by OPEC. This theme is likely to continue into future years. China is the leader in the transition to electric cars…

Russia aims to increase coal exports to India

Alexander Novak, Russian deputy prime minister, said that Russia was interested in increasing its coal exports to India in order to meet the growing demand for fuel in Asia.

Russell: China's coal consumption and output is increasing, while renewable energy surges.

China's thermal energy generation grew in August, the first time it has done so in four months. However, it is still behind the overall increase in electricity production as renewables continue to grow.

Russell: China's coal consumption and output is increasing, while renewables are on the rise.

China's thermal energy generation grew in August, the first time it has done so in four months. However, it is still behind the overall increase in electricity production as renewables continue to grow.

India receives $386 billion to expand renewable energy by 2030

Pralhad Joshi, the minister for renewable energy, said that India has received 386 billion dollars in commitments from financial institutions and banks to expand its renewables capability by 2030.

Chile's quest for algae power is fueled by electric seaweed

In the laboratories of the University of Santiago, scientists are trying to convert algae into a reliable power source. The field they work in is biophotovoltaics. This uses…

Best estimate of the new Swiss nuclear dawn is decades away

Energy experts and politicians warned that bringing new nuclear power plants online in Switzerland would take decades because of the many political and financial obstacles.

China's coal production rises, but the share of electricity falls: Russell

China's coal production is increasing while its share in electricity generation is decreasing. This apparent contradiction will result in a lower volume of imports and lower prices.

Alight and Swedish forest owner will partner up on 2 GW of solar

The firms announced on Monday that solar developer Alight has partnered with Sweden's largest forest owner Sveaskog in order to develop solar energy project totaling 2 gigawatts over a five-year period.

China's Coal Production Rises, but the Share of Electricity Falls: Russell

China's coal production is increasing while its share in electricity generation is decreasing. This apparent contradiction will result in lower import volumes and cheaper prices.The…

EU Energy Watchdog Sanctions Bosnia over Non-compliance with Rules

View of the Sarajevo city center and the parliament building -  Image by MuamerO/AdobeStock

The European Union's energy watchdog has extended sanctions against Bosnia for another two years over the Balkan country's failure to comply with the body's gas and electricity…

Amprion Sets Out North Sea Offshore Wind Grid Vision

Illustration; Image by Tim HvW - AdobeStock

German power grid company Amprion on Wednesday unveiled long-term plans for joint European offshore wind links in the North Sea and announced a trebling of spending in the next 10 years.Amprion…

New Report Outlines Big Potential for Offshore Wind

(Photo: Ørsted)

Offshore wind currently represents just a small piece of the world’s energy supply. But that’s changing faster than ever before as new and existing players look to tap the huge…