Energy Update
Renewable energy capacity increases faster than any other technology, as clean energy has never seen such high demand. A decline in investment is not due to a lack of interest, but more significantly, a considerable drop in the costs of green energy technology.
Renewable energy capacity increases faster than any other technology, as clean energy has never seen such high demand. A decline in investment is not due to a lack of interest, but more significantly, a considerable drop in the costs of green energy technology.
Vestas Wind Systems A/S will offer solar power and storage, allowing the world’s biggest turbine maker to sell hybrid renewable plants that generate electricity around the clock.
Vestas Wind Systems A/S will offer solar power and storage, allowing the world’s biggest turbine maker to sell hybrid renewable plants that generate electricity around the clock.
UK energy start-up Gravitricity announced February 7 it had received a GBP650,000 ($903,400) grant from Innovate UK, the UK government’s innovation agency, for a plan to use old mines shafts to store energy.
(Thu, 08 Feb 2018) EIA estimates that U.S. energy-related carbon dioxide (CO2) emissions declined by 861 million metric tons (14%) from 2005 to 2017. In the latest <em>Short-Term Energy Outlook</em>, EIA projects that CO2 emissions will rise 1.8%, from 5,143 million metric tons in 2017 to 5,237 million metric tons in 2018, then remain virtually unchanged in 2019. In 2019, energy-related CO2 emissions will be about 13% lower than 2005 levels.
Abu Dhabi National Oil Company (ADNOC) has announced its plan to invest $3.1bn to upgrade its Ruwais oil refinery located in Al Ruwais, Abu Dhabi.
Ocean Installer has been awared a contract to assist BW Offshore in decommissioning the Berge Helene FPSO on the Chinguetti field, 80km west of Mauritania, following Petronas implementation of their Demobilization Plan.
ProSep has been selected to supply three ProSalt units to Statoil Petroleum (Statoil) for the Johan Castberg field development project, located on the Norwegian continental shelf in the Barents Sea.
Top industry experts say that in 2018, high efficiency mono c-Si modules and high-voltage inverters will take more market share, and distributed generation will start to pick up.
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