Europe

A new report from BloombergNEF (BNEF) predicts about half of the world’s power will come from renewable resources, including solar and wind, by 2050. The group’s New Energy Outlook 2019, released June 18, noted the trend will be driven by falling prices for solar, wind, and battery storage, along with trillions of dollars of investments […]

The Distribution System Is Newest Energy Transition Frontier in Europe. The European power sector is urging member states and regulators within the European Union (EU) to speed up development of

Danish engineering, design, and consultancy firm Ramboll Group in December  entered into an agreement to acquire U.S-based engineering and design consultancy OBG. Founded in 1945, OBG has delivered integrated engineering solutions within water, energy, environment and advanced manufacturing, and today, the company says it has extensive client relationships in both the private and public sectors, […]

What began in the world of finance has moved into the power sector. Blockchain, a nascent technology most often associated with cryptocurrency, is a new frontier in the energy space, changing the way power is

Spurred by the shale gas revolution, natural gas’s stunning rise to dominate the U.S. power profile has been echoed by a number of countries, particularly in the Middle East. In Europe, where domestic natural gas production is actually in decline—and consensus is that shale gas won’t likely play a major role on the continent—natural gas […]

The transition to decentralised, renewable and digitalised forms of energy supply would not only have positive effects on the environment, it would also economically benefit the regions of the European Union. In its own-initiative opinion drafted by Lutz Ribbe, the EESC points out that there are at least four reasons why smart energy production would […]

Various schemes are underway in Europe as nations use existing coal-fired power plants to generate electricity without coal as the feedstock. With rising carbon prices, some big utilities are repowering with

Just weeks after the 12th International Renewable Energy Storage Conference (IRES2018) concluded in Düsseldorf, Germany, newly announced figures from Bloomberg New Energy Finance (BNEF) confirmed that battery storage technologies coupled with rapidly expanding renewables are blunting new fossil fuel investments. BNEF’s 2017 figures show that over $330 billion was invested in renewables with comparative costs […]

A sharp surge in new, larger offshore wind installations in Europe throughout 2017 dramatically shows the viability of a technology that has truly come of age. As costs fall and generation capacity increases

Two recent project announcements indicate that the U.S. offshore wind sector is burgeoning, bolstered by falling prices and ramped-up political support. A credit ratings agency warns, however, that the sector’s growth could increasingly pressure profit margins of merchant generators in New England, New York, and New Jersey. On March 14, Danish offshore giant Ørsted and […]