Energy Update

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The Iraq oil ministry has signed a contract with Rania International Company to construct a oil refinery, with 70,000-barrels-per-day capacity, near the northern city of Kirkuk.

If the energy industry learned anything in 2017, it was that energy systems are highly vulnerable to damage from hurricanes, wild fires and other natural disasters and work should be done to make the world’s electric grids much more resilient. 

If the energy industry learned anything in 2017, it was that energy systems are highly vulnerable to damage from hurricanes, wild fires and other natural disasters and work should be done to make the world’s electric grids much more resilient. 

The offshore wind market does not see as much capacity installed in a given year as its onshore counterpart. Despite that, the sector is showing higher growth rates and steady success at reducing financial risk and cost.

The offshore wind market does not see as much capacity installed in a given year as its onshore counterpart. Despite that, the sector is showing higher growth rates and steady success at reducing financial risk and cost.

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.

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