Islands: An Ocean of Potential for Marine Energy

Credit to Author: Sonal Patel| Date: Wed, 01 Jul 2020 04:08:00 +0000

The post Islands: An Ocean of Potential for Marine Energy appeared first on POWER Magazine.

While island governments are exploring marine power technologies as serious options for future resources to replace diesel, technology developers are looking at improved value through new revenue streams, such

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Electric Vehicles Tread Water Under COVID-19, So What’s Next?

Credit to Author: Tina Casey| Date: Thu, 25 Jun 2020 16:25:07 +0000

electric vehicles salesThe COVID-19 crisis has tanked auto sales, but electric vehicles are still holding up under the pressure and the stage is set for a gasmobile crash

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IEA: COVID-19 Crushed Global Natural Gas Demand

Credit to Author: Sonal Patel| Date: Thu, 11 Jun 2020 13:07:40 +0000

The post IEA: COVID-19 Crushed Global Natural Gas Demand appeared first on POWER Magazine.

Hit hard by response to the COVID-19 pandemic, global gas demand in 2020 is set to to tumble by twice the amount lost after the 2008 global financial crisis—its largest annual decline in history—the International Energy Agency (IEA) says in its latest annual market report Gas 2020.  As of June 2020, the fall has been […]

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THE BIG PICTURE: Pandemic Impact on Demand

Credit to Author: Sonal Patel| Date: Mon, 01 Jun 2020 04:04:00 +0000

The post THE BIG PICTURE: Pandemic Impact on Demand appeared first on POWER Magazine.

The coronavirus pandemic has triggered a macroeconomic shock that is unprecedented in peacetime. By the end of the first quarter, its effects on global power demand were deep, the International Energy Agency (IEA) noted in a flagship report released on April 30. The international organization, which has collected daily data for more than 30 countries […]

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IEA: Renewables Showing Resiliency Despite Serious COVID Disruptions

Credit to Author: Sonal Patel| Date: Wed, 20 May 2020 13:34:32 +0000

The post IEA: Renewables Showing Resiliency Despite Serious COVID Disruptions appeared first on POWER Magazine.

Renewable power sources will mark their first annual decline in new additions in 20 years, owing to delays in construction activity, supply chain disruptions, lockdown and social distancing measures, and emerging financing challenges related to the COVID-19 pandemic. Despite this, the sector has showed “impressive” resilience, said the International Energy Agency (IEA) in a new […]

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3 Reasons To Invest In Renewable Energy Now

Credit to Author: World Resources Institute| Date: Wed, 06 May 2020 00:29:09 +0000

As the human tragedy of the COVID-19 pandemic worsens, global restrictions to stop the spread of the virus — including stay-at-home orders, business closures, and travel prohibitions — may contribute to the worst economic downturn since the Great Depression

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Natural Gas a Powerful Force, Despite Industry Headwinds

Credit to Author: Darrell Proctor| Date: Wed, 01 Apr 2020 16:06:00 +0000

The post Natural Gas a Powerful Force, Despite Industry Headwinds appeared first on POWER Magazine.

Gas prices remain low worldwide, and the challenge for producers is to find a market for their supply. Gas remains the No. 1 source of U.S. power generation, and will continue in that spot for several more

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Electrification: Too Much of a Good Thing?

Credit to Author: POWER| Date: Wed, 01 Apr 2020 00:00:00 +0000

The post Electrification: Too Much of a Good Thing? appeared first on POWER Magazine.

Electrification has been a much-touted driver for the global energy transition toward decarbonization. But though an all-electric future could have vast implications for the power and gas sectors, achieving it

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THE BIG PICTURE [Infographic]: Solar’s Explosive Growth

Credit to Author: Tracey Lilly| Date: Thu, 02 Jan 2020 05:00:30 +0000

The post THE BIG PICTURE [Infographic]: Solar’s Explosive Growth appeared first on POWER Magazine.

According to the International Energy Agency’s (IEA’s) World Energy Outlook 2019, solar photovoltaic (PV) is set to become the largest source of installed electrical capacity in about 2035, if countries pursue policies as planned. By 2040, solar could make up 24% of global installed capacity—up from 7% in 2018—but its share of generation could hover […]

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