Renewable Energy the Most Competitive Source of New Power Generation in GCC
Abu Dhabi, UAE – Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report published today by the International Renewable Energy Agency (IRENA). Abundant resources, together with strong enabling frameworks have led to solar PV prices of below 3 cents per kilowatt hour and dispatchable concentrated solar power (CSP) of 7.3 cents per kilowatt hour, which is less than some utilities in the region pay for natural gas....
FPL Announces Groundbreaking '30-by-30' Plan to Install More than 30 Million Solar Panels by 2030, Make Florida a World Leader in Solar Energy
-- FPL is leveraging its leadership position in clean energy to become America's largest producer of solar energy among electric companies and further advance affordable, clean and reliable energy for all Floridians -- Laid end-to-end, 30 million solar panels would wrap around the Earth one and a half times; FPL's plan will make Florida a world leader in solar energy production -- The company's vision will deploy cutting-edge technologies that by 2030 will generate energy that i...
Wärtsilä Provides Efficient and Flexible 90 MW Power Plant to Supply Electricity and District Heating for Dresden, Germany
The technology group Wärtsilä has been awarded a contract to deliver a combined heat and power engine power plant (CHP) to Dresden, Germany. The facility has been ordered by DREWAG, Dresden’s local utility company, and will be delivered by Wärtsilä on an engineering, procurement and construction (EPC) basis. Wärtsilä will also maintain the plant under a Wärtsilä Guaranteed asset performance solution for ten years, with a five year extension option. Performance targets are determined based on mea...
Gas Demand Hits Lowest Level in 2 Years
DENVER – The latest Energy Information Administration (EIA) data register gasoline demand at 8.6 million barrels per day for the week ending December 28 – the lowest level on record since February 2017. Overall demand was down nearly 900,000 barrels despite a record holiday travel period. That suggests that winter demand could be lower than expected, further driving down already-foundering pump prices for the time being. Today's national gas price average is $2.23 and has declined for 12 wee...
Despite Drop in Share, APAC Will Lead Global Solar PV Market Volume through 2022, Says GlobalData
Despite a drop in its share, the Asia-Pacific (APAC) region, with its large population base and strong requirement for electricity generation capacity, will continue to influence the global solar PV module market over the forecast period 2018-2022, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Solar PV Module, Update 2018’, reveals that market saturation, reduction in subsidies and declining costs of technologies are the major factors impacti...
Global Commission Describes New Geopolitical Power Dynamics Created by Renewable Energy
Abu Dhabi, UAE: 11 January 2019 —Political and business leaders from around the world have outlined the far-reaching geopolitical implications of an energy transformation driven by the rapid growth of renewable energy. In a new report launched today at the Assembly of the International Renewable Energy Agency (IRENA), the Global Commission on the Geopolitics of Energy Transformation says the geopolitical and socio-economic consequences of a new energy age may be as profound as those which accomp...
Drillinginfo Provides Market Clarity in Report Focused on Price Drop Impacts
AUSTIN, Texas, Jan. 9, 2018 - Drillinginfo, the leading energy SaaS and data analytics company, has released After the Storm, a forward-looking report on the company's current view of the oil, natural gas, and NGL markets over the next five years. This update follows the market intelligence team's recent overview confirming crude oil prices have hit their peak price for the foreseeable future. The 50+ page report includes a depth of market insight including how speculative factors drove the p...
APAC Will Lead Global Wind Gearbox and Direct Drive Equipment Markets Over Next Four Years, Says GlobalData
Asia-Pacific (APAC) is expected to lead the global wind gearbox and direct drive equipment markets with a share of 46% and 53.5%, respectively over the forecast period (2018–2022), says GlobalData, a leading data and analytics company. The company’s latest report, ‘Wind Gearbox and Direct Drive, Update 2018’, reveals that the global trends of wind power are creating business opportunities for new and refurbishment markets. It states that prominent markets such as China, the US and EU, whi...
Site Work Commences for Wärtsilä 378 MW Power Plant in El Salvador
The technology group Wärtsilä commenced site work for a new 378 MW power plant being supplied on an Engineering, Procurement and Construction (EPC) contract in El Salvador. This facility, ordered by Energía del Pacífico, will be the largest and most efficient power plant in El Salvador, and one of the first in Central America to be fired by liquefied natural gas (LNG). The installation will feed electricity to the national grid. A dedicated floating LNG import terminal will be built at the same...
New Whitepaper Offers Smart City Roadmap for Public Power Utilities
WASHINGTON, D.C. — American Public Power Association, the voice of not-for-profit, community-owned utilities that power 2,000 towns and cities nationwide, and SmartEnergy IP™, a division of SmartMark Communications, announced today the release of “Creating a Smart City Roadmap for Public Power Utilities” whitepaper. The publication, prepared by SmartEnergy IP’s smart city subject matter expert, provides a roadmap for cities and utilities considering implementing a smart city program. The pap...
Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County
New Franklin City Hall
June Issue 2026
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