As the oil price dropped through the first and second quarters of this year, oil companies closed in wells and laid off drilling and fracking crews. Activity bottomed in late May and […]
Hydropower Pushes for Greater Access to Green Finance
Hydropower, the world’s largest source of renewable electricity, could begin using environmental, social and corporate governance (ESG) measures to bolster project financing from the end of this year. The hydro sector has […]
Forget King Coal. Solar Is ‘New King’ of Global Power Markets, Says IEA
Solar power is the "new king" of global electricity markets, with the International Energy Agency calling it the cheapest form of electricity in history in its annual centerpiece World Energy Outlook report. Solar’s ascent and coal’s […]
IEA: Natural Gas Demand To See Largest Drop Ever In 2020
Despite some uptick in consumption in recent months, the world’s demand for natural gas is still set to see its biggest drop on record in 2020, the International Energy Agency (IEA) said […]
EU Targets Emission Savings From Buildings
The European Union (EU) aims to make buildings more energy efficient to save energy and cut emissions, European Commission President Ursula von der Leyen said on Monday. Public buildings and private homes […]
The Battle Between Renewables And Nuclear Is Heating Up
Many proponents of a zero-emission grid are firm opponents to nuclear power. It is not emission-free, they argue. It is dangerous because it uses radioactive materials. Now, one team of researchers has […]
Australian renewables hit new high of 52.9 per cent
Yet another record has been set for renewables this week, with rooftop solar, large-scale solar and wind, and a little bit of hydro combining to supply just under 53% of demand on […]
German utility RWE may use salt caverns as renewable flow batteries
A subsidiary of German electric utility RWE is to investigate the possibility of utilising vast salt caverns currently used for gas storage as potential large-scale organic flow batteries for electricity generated from […]
Why green hydrogen could be cheaper than fossil fuels in just a few years
New research suggests that bigger and better electrolysers will be key to producing green hydrogen at a lower cost than fossil fuels, and Australia’s abundance of cheap solar means this cross-over point […]
Negative power pricing more than doubled in first nine months of 2020, analysis shows
Renewables projects throughout Europe faced compressed power prices as demand dropped this year. Image: Solarcentury. Instances of negative power pricing more than doubled in Europe in the first nine months of this […]
