Financial support for installations of offshore wind projects helped investment in renewable energy capacity hit a record high in 2019, according to data from research company BloombergNEF (BNEF) released Jan. 16. The group said worldwide investment in renewables was $282.2 billion last year, up 1% from $280.2 billion in 2018. Financing of offshore wind projects, […]
The International Energy Agency’s (IEA’s) November 2019–released World Energy Outlook 2019 (WEO2019) is studded with interesting findings about emerging trends in the power sector. Here are 10 from the
Proper water treatment is vital to successful power plant operation. The water treatment system must be designed appropriately, implementing a suitable water chemistry program, and operated and monitored correctly. Having adequate training and utilizing the services of a knowledgeable partner can be invaluable. Three water industry experts from U.S. Water, a Kurita company, were recent […]
It’s a time of great transition in the power industry. Not only are generation resources changing, but so are the work skills needed to operate and maintain those resources. Meanwhile, a large number of workers are reaching retirement age, leaving open positions that had long been filled by highly experienced staff. And the talent pool […]
Market forces are playing as much if not more of a role than regulatory policy in the transition from fossil-fueled power generation to renewables, as utilities in the U.S. and worldwide establish decarbonization goals. That was the message from Bill Ritter Jr., former governor of Colorado, during his keynote address at POWER’s Distributed Energy Conference […]
Oilfield service providers are increasingly moving beyond oil and gas development work, and into renewable energy projects, according to a study conducted by Rystad Energy, an independent research and business intelligence company that provides data, tools, analytics, and consultancy services to the global energy industry. In findings released on Oct. 29, Rystad said that oil […]
As of August 2019, 29 U.S. states and the District of Columbia had renewable portfolio standards (RPSs), and eight others had non-binding renewable portfolio goals. Three states also had clean energy standards, which set targets for low-carbon non-renewables, like nuclear, and two had clean energy goals. Our monthly infographic in September 2019 shows how shares for each […]
Kenya Launches Africa’s Largest Wind Farm. Kenya in July began operating the 310-MW Lake Turkana Wind Power (LTWP) facility, which the government said is Africa’s largest wind power farm. The LTWP project
Geothermal power generation continues to increase in Turkey, as the country works toward a goal of at least 2 GW of installed capacity by the end of 2019, a rise of almost 50% since the end of 2018. Geothermal
I was recently reviewing a report issued last year by BMI Research, a Fitch Group company. The Megatrends 2050 Special Report , as it is called, suggests there are three main trends that will transform the
