Energy Update

You are here

Renewables were the biggest new source of electricity last year as the cost of building new wind and solar farms fell. Clean energy provided 55 percent of all new capacity added worldwide, the most ever, and total investment was about double the amount for generators driven by fossil fuels, according to a report published Thursday by UN Environment, the Frankfurt School-UNEP Collaborating Centre and Bloomberg New Energy Finance.
 

The Kentucky Coal Mining Museum in Benham, owned by Southeast Kentucky Community and Technical College, is switching to solar power to save money. The museum, which memorializes Kentucky's history in coal mining, is modernizing with a new form of cheaper energy.

Renewable energy is rapidly embracing the smart grid, given the specter of utility curtailments as more megawatts of power are added at the residential, commercial and industrial, and utility levels. 

Despite climate change deniers and oil company executives arguing to the contrary, most scientists (and citizens of the world) recognize how important it is for us to find more sustainable practices, including sources of energy.
 

(Fri, 07 Apr 2017) On March 11, utility-scale solar generation in the territory of the California Independent System Operator (CAISO) accounted for almost 40% of net grid power produced during the hours of 11:00 a.m. to 2:00 p.m. This is the first time CAISO has achieved these levels, reflecting an almost 50% growth in utility-scale solar photovoltaic installed capacity in 2016.

Amec Foster Wheeler has been awarded a global framework contract by BP International to provide engineering, procurement support and project management services for pre-FEED (front end engineering and design) and FEED work across a range of projects.

Aker BP ASA (Aker BP) has in international competition entered into long-term framework agreements with key suppliers of engineering services, construction, electro/ IT/ control room systems as well as transport and installation of fixed facilities offshore.

American Petroleum Institute (API) has announced that estimated total wells drilled and completed in the first quarter of 2017 saw an increase of 35 percent compared to the first quarter of 2016.

India has some of the world’s most ambitious renewable energy goals. Prime Minister Narendra Modi promised to boost India's solar energy generation capacity from 5.8 GW in 2014 to 100 GW by 2022. As part of the Paris Agreement, India set a goal to increase the share of non-fossil-based power capacity from 30 percent today to about 40 percent by 2030.

To meet skyrocketing demand for electricity, African countries may have to triple their energy output by 2030. While hydropower and fossil fuel power plants are favored approaches in some quarters, a new assessment by the U.S. Department of Energy’s Lawrence Berkeley National Laboratory (Berkeley Lab) has found that wind and solar can be economically and environmentally competitive options and can contribute significantly to the rising demand.

Pages

GET IN TOUCH

  • 1875 I Street NW, International Square, 
       Washington, District Of Columbia, 20006
  • Phone: +1 (888) 317-3839
  • Email: info@mglllc.com

About

Misha Gerhard & Lewis LLC is International Strategic Consulting Firm with an extensive presence in the most rapidly developing regions of the world.