Energy

Energy

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ASEAN Eyes Clean Energy To Fuel Economic Growth And Build Climate Resilience

Governments of ASEAN and the International Renewable Energy Agency (IRENA), have established a strategy to accelerate the region’s transition to low-carbon, sustainable energy and build its climate resilience. “Increasing investment in renewable energy across Southeast Asia’s growing populations has significant social and economic benefits across the region, liberating them from expensive fossil fuel imports while boosting economic growth, supporting energy security, job creation and national resilience,” said Adnan Z. Amin, co-chair of the Dialogue.

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Wind Energy Has The Potential To Provide 30% Of Europe’s Power By 2030

Wind energy has the potential to provide up to 30% of Europe’s power by 2030 according to reports by WindEurope. These state that Europe is on course for an average installation rate of 12.6 GW per year in the years up to 2020, taking it to a total of 204 GW by 2020. By this date wind would be Europe’s largest renewable energy source, surpassing hydro and providing 16.5% of it’s electricity demand. The growth is concentrated in six countries, with Eastern Europe, a platform for growth beyond 2020.

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GE Renewable Energy Unveils Its Largest Onshore Wind Turbine

GE Renewable Energy has unveiled its brand-new 4.8–158 onshore wind turbine, equipped with a 158-meter rotor and a range of tip heights up to 240 meters. The combination of a larger rotor and tall towers enables the turbine to take advantage of higher wind speeds and produce more energy. The latest turbine also features high tech blades, improved loads and controls, and taller, more cost-effective towers. The innovative features have been developed in close partnerships with LM Wind Power, Blade Dynamics and GE’s Global Research Center.

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DEWA Awards World’s Largest CSP Project To ACWA, Shanghai Elec. Led Consortium

Dubai Electricity and Water Authority (DEWA) has awarded the 700MW AED14.2 billion-fourth phase of the Mohammed bin Rashid Al Maktoum Solar Park to a consortium comprising Saudi Arabia’s ACWA Power and China’s Shanghai Electric. This is the largest single-site Concentrated Solar Power (CSP) project in the world and will have the world’s tallest solar tower, measuring 260 metres. The Mohammed bin Rashid Al Maktoum Solar Park is the largest single-site solar park in the world and will generate 1,000MW by 2020 and 5,000MW by 2030.

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GE Announces 600MW Projects; Surges Past 5GW Milestone Of Wind Energy In Brazil

GE has announced, from the Brazil Windpower conference, that it has reached 5,000 MW of installed wind capacity in the country, making it the first company to reach that milestone and confirming the company’s role in the expansion of wind energy in Brazil. By year-end, it will have installed more than 2,700 turbines and the company’s installed capacity represents more than 33% of all wind energy in the country. As part of that 5,000 MW, GE’s Onshore Wind business, a unit of GE Renewable Energy, will commission another 600 MW by the end of September.

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Nordex To Surpass 2GW Threshold On Wind Turbines Installations In UK And Ireland

After installing and commissioning a total of 862 turbines in the UK and Ireland, the Nordex Group has now reached the 2 GW milestone of installed capacity in these two countries. At typical capacity factors, this represents enough power for 1.3 million homes, resulting in a market share of installed turbines of around 20% in the Republic of Ireland and around 10% in the UK. The Group has installed more than 21 GW of wind energy capacity in over 25 markets and in 2016 generated revenues of EUR 3.4 billion.

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Ministerial Meeting Gathers in Italy To Scale-Up Geothermal Energy Worldwide 

Leaders and ministers from more than 25 governments will meet in Florence, Italy on 11 September, to accelerate the global adoption of geothermal energy. The Global Geothermal Alliance (GGA) meeting is the largest such ministerial gathering dedicated to geothermal energy development. Geothermal energy today accounts for just 0.3 percent of globally installed renewable energy capacity. However – once start-up costs are met – it is one of the lowest-cost and most reliable renewable energy sources available. The global potential for geothermal is estimated to be in the region of 200 GW.

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Offshore Wind Prices Drop By 50% In 5 Years. Now Cheaper Than Nuclear And Gas

Offshore wind continues to highlight UK market leadership. During the last decade; government support and innovation combined with increases in turbine efficiency and sizes have resulted in the UK heading the global ‘installed capacity’ charts. Figures just published show that offshore wind is now the lowest cost option for large-scale, low-carbon power. Advances in turbine technology have contributed significantly to recent reductions in costs per megawatt hour. Huge blades, with a single rotation, now can generate enough energy to power a home for 24 hours. Impressively, by the mid-2020s turbine, capacities are set to double again.

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India’s Vast Potential – Renewable Energy Can Meet 25% Of Its Energy Demand  

A new IRENA report states that India can meet 25% of its overall energy needs from renewable sources. “With one of the world’s largest and most ambitious renewable energy programmes, India is taking a leading role in the energy transformation both regionally and globally,” said IRENA Director-General Adnan Z. Amin. “India possesses a wealth of renewable resources, particularly for solar and bioenergy development, which can help meet growing energy demand, power economic growth and improve energy access, as well as boost overall energy security.”

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US Electricity Generation – Renewables Level With Nuclear; Solar Growth Surges

The latest issue of the U.S. Energy Information’s (EIA) “Electric Power Monthly” reveals that renewable energy sources are level with nuclear power, in regards to their respective shares of the nation’s electricity generation, with each providing roughly 20% of the total. While renewables and nuclear are each likely to continue to provide roughly one-fifth of the nation’s electricity generation in the near-term, the trend line clearly favors a rapidly expanding market share by renewables compared to a stagnating, if not declining, one for nuclear power.

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Paradigm Shift For Fueling Transportation? Innogy Presents Alternative To Oil

The energy revolution is now also picking up speed in transportation. In the “Green Capital of Europe-Essen 2017”, MS innogy was christened and put into operation as a regular passenger vessel. It’s powered by an environmentally friendly methanol fuel cell. The energy required for the whole operation comes entirely from renewables. Peter Terium, CEO, innogy SE said – “with MS innogy we are enabling people to experience the energy revolution directly; show in a very practical way what a clean energy future without oil could look like. We can do this by producing green fuels such as methanol with renewable energy and using them to drive environmentally friendly ships, aircraft and heavy goods transport”