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UK needs 49.5GW of flexibility to become 100% renewable
Technology group Wärtsilä has stressed that the UK must install more flexible energy storage and gas technologies if it is to achieve an entirely renewable future.
read more... 30/03/2021
Iraq, Total agree to work jointly on associated gas, solar power projects
Iraq and French oil major Total agreed to jointly work on developing four associated gas and solar power projects, the country's oil ministry said March 29, as OPEC's second largest producer seeks to reduce dependence on Iranian energy imports needed for power generation.
read more... 30/03/2021
Daily (29.03.2021): Crude oil priced climbed by 4% on Friday due to the extended blockage of the Suez Canal
Crude oil prices strengthened on Friday, as the Suez Canal blockage hampered global crude supply. Hence, Brent oil gained 4.2% to close at $64.57 a barrel and WTI crude soared by 4.1% to $60.97 a barrel.
read more... 29/03/2021
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China generated over half world's coal-fired power in 2020
China generated 53% of the world's total coal-fired power in 2020, nine percentage points more that five years earlier, despite climate pledges and the building of hundreds of renewable energy plants, a global data study showed on Monday.
read more... 29/03/2021
UK’s CO2 emissions ‘fell by almost 11% last year’
The UK saw a 10.7% fall in carbon dioxide emissions last year.
read more... 29/03/2021