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Global wind power grows by more than 60GW in 2019

Business Green

But Global Wind Energy Council forced to revise its forecasts for 2020 and beyond as coronavirus fallout continues. Meanwhile, the growing number of wind farms around the world continues to be largely driven by financing via market based policy mechanisms, such as the UK's Contracts for Difference scheme, it seems.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

While renewable power expanded at record rates, fossil fuels maintained an 82% share of total primary energy consumption. Natural gas and coal demand stayed nearly flat with oil rebounding close to pre-pandemic levels. Primary Global Energy Consumption 2022 ROBERT RAPIER Global energy demand grew by 1.1% Oil demand grew by 3.1%

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Vestas Logs Strong Q3 Despite Price Pressure and Trade Woes

GreenTechMedia

Shares in Vestas, the world’s largest manufacturer of wind turbines shot up 11 percent after the firm announced order, profits and revenues were all up in the third quarter compared to last year. This came despite warnings of ongoing trade issues, a slowdown in Asia and ongoing price pressures. Headwinds in Asia Pacific.

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Smart Energy Finances: Funding for Capalo AI’s market optimisation platform

Smart Energy International

Using advanced AI , the Capalo platform attempts to optimise the use of flexible energy assets, such as energy storage systems and EV charging stations, allowing the commissioning of weather-dependent renewable energy sources to grow by coordinating with the flexibility of the energy grid to adjust to production and demand fluctuations.

Energy 119
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WoodMac: Energy Sector Faces ‘Darwinian Challenge’ to Tame Climate Change

GreenTechMedia

“As the world begins to reconstruct its economy, all energy and natural-resources sectors will face a survival of the fittest,” said Prakash Sharma, head of markets and transitions for Asia-Pacific at Wood Mackenzie. WoodMac's report finds that peak energy demand will have to arrive in 2023. China takes a big step.

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Could green hydrogen be key to a carbon-free economy?

GreenBiz

Europe, which has an economy saddled with high energy prices and is heavily dependent on Russian natural gas, is embracing green hydrogen by providing funding for construction of electrolysis plants and other hydrogen infrastructure. Across Europe, the Middle East and Asia, more countries and companies are embracing this high-quality fuel.

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Understanding the true cost (and savings) of Nova Scotia’s transition to clean energy

Clean Energy Canada

The province recently unveiled its plan for 50 per cent wind power by 2030 alongside additional solar. There’s a cost to building new electricity generation to meet this demand, but the savings will be greater. For Nova Scotians, clean energy has been in the news a lot lately.

Energy 54