Tag: electricity

Nova Scotia selects five wind projects with 372 MW capacity

The Provincial Government of Nova Scotia, Canada has completed five onshore wind projects that will provide renewable energy to the province for the next 25 years. The five wind projects have a combined capacity of 372 MW. The five onshore projects are projected to be operational by the end of 2025 and are majority-owned by one or more of the Mi’kmaw communities in the province.

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Renewables rescue Turkey’s electricity sector

Wind and solar power generation lowered Turkey’s import bills by preventing seven billion USD fossil fuel imports in the last 12 months. In the following months, approximately 700 million USD in savings is expected each month if the gas price remains the same. While the Transmission System Operator reserves limited capacities for wind and solar, auctions attract 10-15 times more applications than the auctioned capacities.

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Electricity and Gas Markets in Africa

The IEA is deploying a capacity reinforcement programme for African energy experts and professionals. To maximise the value and long-term payoff of training sessions organized under the programme, the IEA is proposing to a community of African experts regular webinars to share analyses on energy. The latest one by IEA Africa University was on “Electricity and gas markets in Africa”

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Putting Africa on the path to universal electricity access

As commodity prices soar and leaders around the world worry about energy shortages and prices of gasoline at the pump, millions of people in Africa still lack access to electricity. This energy access crisis must be addressed urgently. Electricity is an important step toward enhancing people’s opportunities and choices. Access is key to boosting economic activity and contributes to improving human capital, which, in turn, is an investment in a country’s potential.  

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2022 Asia Electric Report

Backed by surveys of the electric industry and large electric users in Asia, the Black & Veatch 2022 Asia Electric Report reveals the single biggest challenge the industry is facing: integrating renewable energy to maintain a resilient and reliable grid. The report also highlights the growing role of new stakeholder influences on the industry, what technologies will receive more investment, and, for the first time, brings in the perspective of large intensive energy customers in Asia.

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Renewables on track to set new records in 2021: IEA

The International Energy Agency has released a report titled, “Global Energy Review 2021: Assessing the effects of economic recoveries on global energy demand and CO2 emissions in 2021”. REGlobal presents the key findings, the detailed analysis on global economic recovery and the renewable energy sector from the report.

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EV solar charging carport offered by SunnyCal Solar

SunnyCal Solar Inc., a provider of innovative solar products, announces release of a new electric vehicle (EV) solar carport to provide independent charging power for EVs. These carports are by patented Steel Roof Solar (SRS) modules that have crystalline solar cells built into the metal roof sheets. These SRS modules create energy that is stored in a local battery and powers the EV car charger.

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The European power sector in 2020: renewables overtake fossil fuels

Renewables overtook fossil fuels to become the EU’s main source of electricity for the first time in 2020.This is an important milestone in Europe’s clean energy transition. At a country level, Germany and Spain (and separately the UK) also achieved this milestone for the first time. The transition from coal to clean is, however, still too slow for reaching 55% greenhouse gas reductions by 2030 and climate neutrality by 2050. While Covid 19 had an impact in all countries, its impact on the overall trend from fossil fuels to renewables was quite limited. The rise in renewables was reassuringly robust despite the pandemic, and the fall in fossil-fired electricity could have been even more dramatic, had it not been for such a bounce-back in electricity demand and the worst year on record for nuclear generation.

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South Korea to allow C&I and residential consumers to purchase renewable energy under RE100 initiative

The Ministry of Trade, Industry, and Energy of South Korea has announced the sanctioning of the purchase of electricity from renewable sources by industrial and general electric consumers as part of the RE100 initiative. The parties must register at the Korea Energy Agency and the electricity will be procured through self-generation, green premium system, third party power purchase agreement, or the purchase of renewable energy certificates.

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China’s focus on renewable energy has geopolitical implications

China is highly dependent on fossil fuel imports. At the same time, China is striving to lead in new energy technologies, particularly wind and solar electricity generation and electric vehicles. It is more in charge of its own fate in electricity, while it remains highly vulnerable to market conditions and supply shocks in oil and gas. Slowly, it has become the center of gravity for global energy markets.

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