New Milestone: Demand for Renewable Electricity Surpasses 500 TWh in Europe
For the first time renewable energy demand in Europe surpasses 500 TWh - or half a billion Guarantees of Origin (GOs),” says Tom Lindberg, Managing Director in ECOHZ, commenting on 2018 statistics from the Association of Issuing Bodies (AIB).”If the growth trend from the last five years continues, the GO-market will soon surpass one billion Euro,” Tom Lindberg adds, noting “that customers are willing to pay a premium on certain origins of energy.” The European Union has previously mandated th...
Wärtsilä Energy Storage System Will Enable Greater Integration of Renewable Power on Caribbean Island of Bonaire
The technology group Wärtsilä has been awarded an integrated 6 MW energy storage project contract for the Caribbean island of Bonaire. The engineering, procurement, and construction (EPC) hybrid energy project includes both the hardware, consisting of batteries and inverters, as well as GEMS, the energy management software from Greensmith Energy, a Wärtsilä company. The order with ContourGlobal Bonaire, a subsidiary of London based ContourGlobal, was booked in Q4, 2018. The energy storage sys...
EuroCape New Energy France Gets on Board with Greenbyte Energy Cloud for Data Management
The renewable energy independent power producer has chosen Greenbyte Energy Cloud for data analysis for their operational wind farms in France as well as the upcoming projects in their pipeline. In France, EuroCape New Energy has developed and built a portfolio of more than 100 MW over the last 10 years. Today EuroCape operates 77MW of wind energy, 3 MW of solar energy and has a targeted pipeline of 200 MW in development. Their operational French portfolio includes over 30 turbines from 4 dif...
Power Plant with Wärtsilä 31SG Engines to Secure Reliable Energy Supply in Harsh Climatic Conditions in Argentinian Oil Fields
The technology group Wärtsilä has been selected to supply a highly efficient engine power plant for one of the most important petroleum companies in Argentina. The gas fired plant will have an initial output of 57.4 MW, which can later be increased to 90 MW. The electricity produced will primarily be used to power the local oil fields, with any excess being sold to the national grid. The order with Wärtsilä comprises a complete engineering, procurement, and construction (EPC) project, and was bo...
IRM Releases Fuelling the Debate Report: Trends, Survey Report and Findings for the Energy Industry 2019
The IRM sought to provide insights and thought leadership for risk managers in the energy sector (including oil and gas, energy and renewables). In addition to an exploration of the survey results, IRM has asked industry leading specialists to provide their advice on how risk managers can improve their performance and relevance across a range of topics – from safety and sustainability to improving risk maturity and building effective risk cultures. These are mentioned in the survey results and c...
European Commission Approves Renewable Energy Support Package to Lithuania Worth EUR 1.24bn in Push for Energy Autonomy Ahead of 2020 European Union Energy Directive
The European Commission recently approved a measure to support the production of electricity from renewables and electricity-heavy industrial consumers in Lithuania, a move that positions the largest of the three Baltic States as the region’s leader in meeting the European Union’s 2020 and 2030 energy directives. In 2018 it was announced that Lithuania was amongst 11 EU member states including Sweden and Finland to already be sourcing 20% of its energy from renewable sources. The...
APAC to Drive Global Distribution Transformers Market Over Next Four Years, says GlobalData
Asia-Pacific (APAC) will continue to lead the distribution transformers market of the global power sector with a share of 48% and reach $6.94bn in 2022, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Distribution Transformers Market, Update 2018, reveals that the global market value is likely to reach $14.32bn in 2022, growing at a modest CAGR of 1.6% between 2018 and 2022. Nirushan Rajasekaram, Power Analyst at GlobalData, says: “Systemic transfor...
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...
Video: Crashes Drop Measurably After Rural Road Safety Improvement Project on US 521 in Lancaster County
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June Issue 2026
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