Benelux_Infrastructure_Forum_171
28 July 2017 11:00 AM GMT

Significant changes in motorsport are taking place as Porsche implements its strategy to develop a combination of pure GT vehicles and fully electric sports cars, such as the first fully battery-powered Mission E road car. “Entering Formula E and achieving success in this category are the logical outcomes of our Mission E”, says Michael Steiner, Executive Board Member, R&D at Porsche AG. “For us, Formula E is the ultimate competitive environment for driving forward the development of high-performance vehicles in areas such as environmental friendliness, efficiency and sustainability”.

July 28th 2017
New BNEF Report Highlights A Massive Shift to Wind And Solar, While Coal Fades

A new independent report from Bloomberg New Energy Finance (BNEF) states that clean energy such as wind and solar will account for almost 75% of investment in power generation worldwide, between now and 2014. New Energy Outlook 2017 estimates that overall $10.2 trillion will be spent on power generation technology in the next 22 years, with $7.4 trillion being spent on renewables. This year’s forecast sees solar energy costs dropping a further 66% by 2040, and onshore wind by 47%, with renewables undercutting the majority of existing fossil power stations by 2030.

July 21st 2017
EV Revolution To Hit Global Auto Industry Even Harder And Faster Than Expected

Electric vehicles will make up the majority of new car sales worldwide by 2040, and account for 33% of all the light-duty vehicles on the road, according to new research published by Bloomberg New Energy Finance (BNEF). Tumbling battery prices mean that EVs will not just have lower lifetime costs, but will also be cheaper to buy than internal combustion engine cars (ICE) in most countries by 2025-29. Colin McKerracher, lead advanced transport analyst, BNEF, said: “We see a momentous inflexion point for the global auto industry in the second half of the 2020s.

June 30th 2017
US: Clean Energy Now Providing More Electricity Than Nuclear For The First Time

The latest issue of the U.S. Energy Information’s (EIA) “Electric Power Monthly” reveals that – for the first time since the beginning of the nuclear era – renewable energy sources are now providing a greater share of the nation’s electrical generation than nuclear power. “Renewable energy is now surpassing nuclear power, a major milestone in the transformation of the U.S. energy sector,” said Tim Judson, Executive Director of the NIRS. “This gulf will only widen over the next several years, with continued strong growth of renewables and the planned retirement of at least 7% of nuclear capacity by 2025.

June 29th 2017
Emerging Markets Catching Up Fast To Germany, UK, China As Top For Investments

Allianz Climate and Energy Monitor, which assesses the low-carbon investment climate in G20 countries, has revealed that over the past year, most G20 states improved low-carbon energy investments conditions, with several emerging market countries rapidly catching up to the leaders. Policies supporting solar and wind investments are starting to pay off and India, South Africa, Brazil and Indonesia emerge as high-need hotspots for renewable energy investments. The rapid development of the renewable energy sector is a crucial success factor for meeting the Paris climate goals.

GWEC_STATS_LB_171  
June 19th 2017
Wind Power Can Provide Energy On Coldest Days: Met Office, Imperial College

A new study by climate scientists has advanced the understanding of the potential for wind power to provide energy during the coldest spells of winter weather. The team, which involved scientists from the Met Office Hadley Centre, Imperial College London and the University of Reading, compared wind power availability with electricity demand in winter and they found an interesting result. The team found that during the highest 5% of energy demand days, one-third produce more wind power than the winter average. “The very coldest days are associated with a mix of different weather patterns, some of which produce high winds in parts of the UK.

June 4th 2017
Industry, Political Leaders United In Opposition To Trump’s 2018 Budget Slasher

The Trump administration has released its fiscal year 2018 budget proposal, which includes significant cuts to the DOE and EPA. Already, industry and political leaders are speaking out in response, as their fears are confirmed. The budget would make huge cuts in renewable energy research and eliminate agencies within the DOE that fund energy technology projects. Across the spectrum, many are voicing that the cuts could potentially ‘devastate’ an emerging economic sector, whilst also damaging its future prospects with major cuts to groundbreaking renewables research.

May 21st 2017
US Wind And Solar Surge: Providing Majority of New Generating Capacity Q1 2017

According to the latest issue of the Federal Energy Regulatory Commission’s (FERC) “Energy Infrastructure Update” (with data through March 31, 2017), wind and solar provided 50.84% of the new electrical generating capacity added to the U.S. grid during the first quarter of 2017. Significantly, renewables power sources are now almost 20% of the total US electrical generating capacity. If current growth rates continue, renewables should top 20% before the end of this year. Generating capacity from renewable sources is now more than double that of nuclear power (9.10%) and rapidly approaching that of coal (24.25%).

May 15th 2017
Smart Renewable Energy Forum: Digitalization Driving The New Energy World

The digital transformation in the energy industry has fundamentally changed the electricity landscape. In the future, the energy supply will be ensured by a range of renewable energy plants, storage systems and consumers acting as prosumers. The Smart Renewable Energy Forum at Intersolar Europe, the world’s leading exhibition for the solar industry and its partners, is, therefore, focusing on new concepts and technologies for digital networking along the energy value-added chain from May 31–June 2.

May 15th 2017
Overall Investment Down But Global Renewable Capacity Surges To Record Levels

As the cost of clean technology continues to fall, the world added record levels of renewable energy capacity in 2016, at an investment level 23 percent lower than the previous year, according to new research. For instance, new investment in solar totalled $113.7 billion, down 34 percent from the record high in 2015, yet solar capacity additions rose to an all-time high of 75 gigawatts. “The investor hunger for existing wind and solar farms is a strong signal for the world to move to renewables,” said Prof. Dr Udo Steffens, President of Frankfurt School of Finance & Management, commenting on record acquisition activity in the clean power sector, which rose 17 percent to $110.2 billion.

May 11th 2017
Today, Every Fifth Utility Company In Germany Offers Photovoltaics To Households

The energy transition is changing the face of the energy market and its stakeholders. For utilities, this process also means a restructuring that will affect all areas. The energy transition involves products and services in the energy efficiency, mobility, electricity and heat sectors. It, therefore, creates numerous opportunities for utilities to grow by coming up with innovative solutions, but it also brings many risks. Customer relationships are changing. Simple power delivery is being replaced by more complex prosumer relationships. The portfolio of utility companies now consists of products such as photovoltaic installations and electrical storage systems, as well as new services in the mobility sector.

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