As war drives up fossil fuel prices and profits, new technologies show a way forward for the generators in 2023 A tall white rig punctures the Cornish skyline, offering a hint of a new industrial era at a site near Redruth, once a copper mining capital. This year, the first power produced by a geothermal […]
Energy Industry: Disruption will drive companies to improve operational efficiency
Energy Industry 2021 Predictions: Disruption will drive companies to improve operational efficiency 2020 sent shock waves across Oil and Gas, Utilities and Mining organizations, creating dramatic shifts in supply and demand, revenue streams and productivity. As these companies head into 2021 they continue to face the fallout from disparate — yet equally challenging — business […]
Abengoa Insolvency Filing Marks Spain’s Biggest Company Failure
Spanish Renewable Energy Firm Files for Insolvency Renewable energy group Abengoa SA filed for insolvency late on Monday, after its latest attempt to restructure its debts fell apart. The parent company of the renewable-energy producer, which is the entity that filed for insolvency, had around 1 billion euros ($1.22 billion) of liabilities in 2019. The […]
Sodium-sulfur battery technology: NAS battery enables megawatt-hour energy storage, realizes a stable supply of renewable energy
While efforts are increasing to realize renewable energy without the use of fossil fuels with carbon dioxide (CO2), providing stable energy storage and supply remains a bottleneck. Although wind power and solar power are inexhaustible and clean resources, they are also considered to be unstable energy due to being affected by weather conditions. Therefore, to […]
Clean electricity overtaking fossil fuels in Britain
For the first time since the Industrial Revolution, Britain is obtaining more power from zero-carbon sources than fossil fuels. The milestone has been passed for the first five months of 2019. National Grid says clean energy has nudged ahead with 48% of generation, against 47% for coal and gas. The rest is biomass burning. The […]
AfDB develops financing instruments for engaging off-grid sector by invest in FEI
Energy stakeholders call for new financing mechanisms to support off-grid and mini-grid connectivity in Africa Energy industry stakeholders attending the 5th Energy Access Investment Forum have called for a restructuring of the financing mechanisms enabling the development of off-grid and mini-grid connectivity in Africa. “Meeting the universal electricity access objects within the next decade will […]