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The dramatic slowdown across Europe due to Coronavirus lockdowns has caused electricity demand to plumet by one-tenth in the first three months of 2020 – the biggest drop in demand since the Second World War. This has caused power generation across... 
The latest report on energy system developments shows that 176 GWs of new renewable energy capacity accounted for 72% of all new energy capacity additions in 2019. The data, released in the International Renewable Energy Agency (IRENA)’s annual Renewable... 
The 15th flagship Global Wind Report 2019 by the Global Wind Energy Council (GWEC) provides a comprehensive overview of the global wind industry through the latest market data, country profiles, trends and analysis from GWEC Market Intelligence. Wind... 
Battery storage systems are emerging as one of the key solutions to effectively integrate high shares of solar and wind renewables in power systems worldwide. A recent analysis from the International Renewable Energy Agency (IRENA) illustrates how electricity... 
Spanish utility Iberdrola is heading a consortium aiming to develop a large-scale floating offshore wind turbine in the North Sea, as the sector looks to drive up the size of technology and push down costs. In an announcement Monday, the firm said the... 
Oil and gas markets are ensnared by oversupply and falling prices, not to mention a global pandemic. It illustrates the need to be more responsive to changes in the energy climate. And the good news is that the signs are pointing to more investment in... 
Saudi Arabia abruptly altered its oil production strategy in early March and began to flood the market with cheap oil. Financial markets worldwide hemorrhaged value at the prospect of a protracted and painful price war, and American oil firms immediately cut... 
Over the past decade, prices for solar panels and wind farms have reached all-time lows. As the saying goes though, the wind isn’t always blowing and the sun isn’t always shining. The question of how to “firm” renewables — that is, ensuring... 
Despite the positive renewable energy investment trends over the past decade, annual investments in renewable energy power alone need to double until 2050 to meet climate goals. To allocate enough capital to drive the world’s transition to a low-carbon... 
Energy storage is set to take an increasingly central role in the global economy, growing almost tenfold over the next decade and a half, new research suggests. The total energy storage market is expected to grow to $546 billion in annual revenue by 2035,... 
Growing climate change fears and falling costs will drive the uptake of clean technologies this year. What does 2020 hold for the low-carbon economy? Every year, the clean energy analysts at BloombergNEF predict what will happen in energy, transport,... 
Both the world’s largest offshore wind farm and the world’s largest complex of wind farms will soon appear off the British coasts, showing an unprecedented value of renewable energies. Hornsea One by the Danish energy company Ørsted (formerly DONG... 
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