Adani allegations bring India's clean-energy conundrum to the forefront
The allegations of bribery against Adani Group's founder Gautam Adani highlight the increasing difficulty that India's renewable energy developers have in finding buyers for their power. Officials say that while India's central governments wants to move away from coal-fired power generation and towards renewable energy sources, state-owned companies in charge of supplying electricity have been slow to strike deals. U.S.
Mexican energy plan boosts state-owned power company and sets rules for private producers
Senior officials stated that the government's energy priorities include increasing state-owned CFE and setting rules for companies producing electricity using renewable sources. At a joint press conference with the president of the country, Claudia Sheinbaum said that private companies could add an additional 9,6 gigawatts to their capacity by 2030 using renewable sources.
Climate Investment Funds Board backs $1 billion Turkey grid upgrade project
Climate Investment Funds, a multilateral lender, has announced that it will provide an initial investment of $1 billion to support a plan to upgrade Turkey’s electricity grid to handle more renewable energy. The CIF board approved a $70million investment from its Renewable Energy Integration Investment Platform (REI), with the goal of attracting an additional $790million to expand and upgrade transmission infrastructure…
Turkey plans to quadruple its wind and solar power capacity by 2035
Alparslan Bayraktar, the Energy Minister of Turkey, said that $108 billion in public and private investments will be needed to quadruple Turkey's wind and solar power generation capacity to 120,000MW by 2035.Bayraktar, speaking at a conference to announce Turkey's roadmap on renewable energy resources, said that the first tender conditions for this year's renewable…
The Emerging U.S. Offshore Wind Industry in a Post-COVID-19 World
Join a webinar on June 17, 2020 for the global release of a major new market study on the depth, breadth and growth prospects of the Offshore Wind Market -- https://zoom.us/webinar/register/WN_UR5uY1boTOKdAAcAXDbR4gJust when it was looking like the offshore wind industry was finally about to take off in the United States, the COVID-19 pandemic has introduced…
Work Partially Resumes at Moray East OWF after Covid-19 Demobilization
Work has partially resumed on the Moray East Offshore Windfarm project in Scotland following the demobilization of the project’s onshore sites announced in March due to the Covid-19 pandemic.Following the updated guidance from the Scottish Government, Public Health Scotland, and Construction Scotland, a limited amount of work has restarted on the Moray East project on May 11, 2020.
Offshore Wind Hits 22GW for Europe
Europe has expanded its offshore leadership by adding 3.6 gigawatt (GW) of new commissioned capacity in 2019, bringing the total offshore wind installed capacity at the end of 2019 to above 22GW.According to the recent report of GlobalData, spreading across 12 European countries, the UK holds the largest share with 9.9GW of capacity, representing around 45% of the cumulative installed offshore wind capacity in Europe…
Anbaric Plans 16GW US Offshore Wind Grid
US offshore transmission developer Anbaric has applied to the Bureau of Ocean Energy Management (BOEM) to develop a 16GW grid off the north-eastern coast to connect the region's planned offshore wind projects.Named as the Southern New England OceanGrid, the new offshore grid is expected to maximize the region’s offshore wind resources. Once approved by BOEM,…
ABB Energizes Transformer at record 1.2 mln Volts
ABB has developed, manufactured and energized a 1,200-kilovolt (kV) ultra-high-voltage power transformer to support India’s plans to build a 1,200 kV transmission system, supplementing the existing 400 kV and 800 kV transmission grid as demand for electricity increases. The transformer was manufactured and tested at ABB’s state-of-the-art Vadodara facility in India.
ABB Debuts Digital Substation
Digital substations as key elements in future-oriented power grids to improve efficiency, safety and system visibility. ABB is presenting its digital substation model at the Cigré conference and exhibition, in Paris from August 22-26, 2016, a leading global platform for power experts and a showcase for the latest technology developments in the sector. Digital…
Seacat Services Secures Burbo Bank Charter Deal
DONG Energy has awarded offshore energy support vessel operator Seacat Services with the supply contract for all crew transfer services at its 258MW Burbo Bank Extension project under development in the Irish Sea. The four-vessel charter contract, with durations of three to 11 months, is the second such agreement signed between Seacat Services and DONG Energy in 2016…
Armenia and Russia PMs confer on Gas Supply
The Russian Prime Minister Dmitry Medvedev met Hovik Abrahamyan, Prime Minister of the Republic of Armenia to address issues onbilateral cooperation in the energy sector. The parties commended Gazprom for its contribution to the development of the Armenian gas industry. Alexey Miller, Chairman of the Gazprom Management Committee, accompanied his Prime Minister on the working visit to Armenia as a member of the delegation.
Chevron's Asian Geothermal Assets Draw Suitors
Chevron shedding assets amid weak oil prices. French utility Engie and Japan's Marubeni are among several suitors preparing to bid for Chevron Corp's Asian geothermal energy blocks valued at about $3 billion, sources familiar with the matter said. Potential buyers including Southeast Asian firms are attracted by the opportunity to gain control of large blocks of geothermal assets located in Indonesia and Philippines.
Gazprom to Meet South Ossetian Gas Demand
A working meeting between Alexey Miller, Chairman of the Gazprom Management Committee, and Leonid Tibilov, President of the Republic of South Ossetia, took place at the Company's headquarters today. The meeting addressed bilateral cooperation in the gas sector. Particular attention was paid to Russian natural gas supplies to the Republic. In addition, the parties…
BOEM Pushes Wind Energy Development Offshore NY
As part of President Obama’s Climate Action Plan to create American jobs, develop domestic clean energy sources and cut carbon pollution, U.S. Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper today announced a major step in spurring wind energy development in federal waters offshore New York. BOEM has defined a Wind Energy Area totaling approximately 81…
Renewable Energy: Wind, Sun Could Dominate by 2030
NOAA, CIRES study: Wind, sun could eclipse fossil fuels for electric power by 2030. The United States could slash greenhouse gas emissions from power production by up to 78 percent below 1990 levels within 15 years while meeting increased demand, according to a new study by NOAA and University of Colorado Boulder researchers. The study used a sophisticated mathematical model to evaluate future cost, demand, generation and transmission scenarios.
The Benefits of U.S. Crude Exports Explained
Researched by Industrial Info Resources (Sugar Land, Texas) -- In a paper published in late March, Dr. Kenneth Medlock III of Rice University's James A. Baker III Institute for Public Policy highlights many of the benefits that lifting the existing ban on crude oil exports would have for the U.S. Medlock believes that a lack of trading opportunities, coupled with lowered incentives to build transmission infrastructure…
Sierra Leone to Invest Heavily in Power
Sierra Leone is aiming to increase its power capacity tenfold by 2017, a plan the energy minister said should be driven by foreign investors despite the outbreak of Ebola and a history of bureaucratic difficulties. Sierra Leone has recorded strong economic growth rates in recent years as major mining projects came online, but the broader recovery from years of…
Plans for EU Gas Flows to Ukraine Could be Blocked by Russia
Reverse flows of natural gas from Europe to Ukraine to help it handle Russian price and supply cuts would be possible within hours once the infrastructure is in place, but the flows could require approval from Russia's Gazprom first. Ukraine is in emergency talks with the EU on importing gas from the West, pumping gas in the opposite direction to the original design of the pipelines, following a leap in the price Gazprom charges it for supplies.
