A 39% slowdown in renewable energy investment in the world’s biggest market, China, meant that globally renewable energy investment fell by 14% to $117.6 billion, compared with the first half of 2018, according to Bloomberg New Energy Finance.
Northern Ireland’s Islandmagee gas storage project took a step forward on 11 June when owner Infrastrata signed a term agreement with Vitol for the proposed offtake of the entire storage capacity of the project for 12 years – 500 million cubic met
Northern Ireland’s Utility Regulator has started a review of how SONI, the Province’s electricity grid operator, is run.
New Power has been tracking GB’s solar PV market in its Database this month.
A ‘net zero’ carbon emissions target for the UK in 2050 makes carbon capture and storage (CCS) a key technology for future low-carbon power, National Grid ESO (NGESO) revealed in its annual Future Energy Scenarios (FES).
Prequalification opened on 22 July and will run until 13 September for three upcoming Capacity Market auctions.
Could a regulatory asset base (RAB) funding model help deliver two of the UK’s most ambitious low-carbon energy options, carbon capture and storage (CCS) and new nuclear?
On 2 May, the UK Committee on Climate Change (CCC), at the request of the government, advised that the UK should set a target to reach net zero greenhouse gas emissions by 2050.
I love the net zero target. I think it makes it very clear where we are going.
It doesn’t tell us how to get there, and I have heard some in the industry express concern that we don’t have the policies in place that will do that.
Entsoe-e, the European organisation for transmission network operators, has considered how balancing (and congestion management) can be opened up to smaller organisations and managed across the bloc’s Internal Energy Market (IEM).