In the latest Oil Market Report update issued by the International Energy Agency on June 14, global oil prices are "unlikely to increase as sharply as they did" from mid-2017 onwards due to growth in oil supplies from nations that are not members of the Organization…
EU Reinforces Position at the Forefront of Global Energy Transformation, Says IRENA
Abu Dhabi, UAE — Adnan Z. Amin, Director-General of the International Renewable Energy Agency (IRENA) has welcomed the European Union’s (EU) decision…
EIA Releases June’s U.S. Short-Term Energy Forecast
The U.S. Energy Information Administration released its Short-Term Energy Outlook (STEO) on Tuesday, June 12, 2018. The full STEO can be downloaded at:…
Dutch ASML Realizes New hydropower Plant in Norway
11 June 2018 Oslo – Yet another European corporation, this time ASML - the Dutch technology company, has made the construction of a new renewable power plant possible. Sandvik, a small hydropower plant on the west coast of Norway, is now generating electricity…
Orbit Energy Ltd and Shell Energy Europe Ltd Announce Five-Year Agreement
Orbit Energy Ltd, an exciting new entrant to the Great Britain (GB) electricity and gas market, has agreed to an exclusive five-year deal with Shell Energy Europe Ltd for the supply of its power, gas and environmental products. This agreement allows Orbit…
Petroteq Acquires Additional Acreage Adjacent to Its Asphalt Ridge Location Contingent Resource Increased 8.5% to 93.4 Million Barrels
Studio City, Califronia - (Newsfile Corp. - June 7, 2018) - Petroteq Energy Inc. (TSXV: PQE) (OTC Pink: PQEFF) (FSE: PQCF) ("Petroteq" or the "Company"), a company focused on the development and implementation of proprietary technologies…
Genesys, LLC Announces New Patented Renewable Power Generation Technology that Eliminates the Need for Battery Storage and Electrical Transmission Grids
Palo Alto, CA, June 5, 2018 – Genesys, LLC announces today that they received a US Patent for its solar amplifier that can generate very high electrical power in the multiple kilowatt range and run for 24/7 service using only one standard solar panel (200W).…
Highview Power Launches the World’s First Grid-Scale Liquid Air Energy Storage Plant
LONDON – June 5, 2018 – Highview Power, a leader in true long duration energy storage solutions, announced today that the world’s first grid-scale liquid air energy storage (LAES) plant has been officially launched. The 5 MW/15 MWh LAES plant that is…
Renewable Energy – Transformation is Picking Up Speed in the Power Sector, but Urgent Action is Required in Heating, Cooling and Transport
Renewable power accounted for 70% of net additions to global power generating capacity in 2017, the largest increase in renewable power capacity in modern history, according to REN21’s Renewables 2018 Global Status Report (GSR). But the heating, cooling…
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries
Copenhagen, Denmark – Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to a new report from the International Renewable Energy Agency (IRENA).…
