Renewables cover record 44% of Northern Ireland's power demand in 12 months

09/09/2019 11:35 Renewable


Renewable energy sources in Northern Ireland met 44% of the country’s total power consumption in the 12 months to June 2019, setting an all-time record, new statistics show.

The figures, released by the Department for the Economy on Thursday, indicate an increase of 7.4 percentage points in the share of renewables when compared to the previous period between July 2017 and June 2018. Renewables generation stood at 3,426 GWh and the country’s total electricity consumption reached 7,788 GWh.


The 44% share represents the “highest rolling 12-month proportion on record,” while the rolling 12-month average percentage of power consumption covered with renewables passed the 40% threshold for the first time in January-December 2018, with 40.7% achieved.


Wind power provided 85.3% of the overall renewables generation in the 12 months ended June 2019, up from 83.9% in the previous period. The share of solar stood at 3.2%, while that of biomass at 3.6%.


Exxon Mobil considers sale of Malaysian offshore assets for up to $3 bln

09/10/2019 14:54:00

U.S. energy giant Exxon Mobil Corp is considering a sale of its Malaysian upstream offshore assets for up to $3 billion, Bloomberg reported on Wednesday.


Zimbabwe hikes average electricity tariff by 320% - energy regulator

09/10/2019 13:25:00

Zimbabwe has increased the average electricity tariff by 320% to let the state power utility ramp up production and improve supplies at a time of daily rolling power cuts, the national energy regulator said on Wednesday.


Daily (09.10.2019): European carbon prices reached EUR 23 a tonne on Tuesday, on worries over Brexit negotiations

09/10/2019 10:50:00

Crude oil prices traded lower on Tuesday, after Donald Trump reported that a quick trade deal will unlikely happen soon. Meanwhile, oil prices were supported by protests in OPEC members Iraq and Ecuador, which threatened to disrupt their oil output. Hence, WTI futures fell by 0.2% to $52.63 a barrel, while Brent crude edged 0.2% down at $58.24 a barrel.