energy demand
Renewables
IKEA Foundation supports electrification of rural communities in Ethiopia
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The Rocky Mountain Institute is partnering with IKEA Foundation to improve access to energy in rural communities in Ethiopia.
Europe
Renewables dominate as demand shows strong recovery across Europe
Across Europe, renewable power was the largest source of electricity generation for the sixth quarter in a row, as the easing of lockdown restrictions sparked an upturn in demand.
Europe
Three-quarters of 2020 see negative power prices in Europe
Negative power prices have swept across Europe in the first nine months of 2020, with excess power in the market resulting in consumers being paid rather than charged to use electricity
Strategic Development
Quinbrook Infrastructure Partners expands footprint in UK market with DR acquisition
Flexitricity Limited has been acquired by Quinbrook Infrastructure Partners from Swiss multinational Alpiq AG.
Renewables
Europe must ramp up renewables argues Eurelectric
Eurelectric’s Power Barometer 2020 calls for accelerated rollout of renewable energies alongside decarbonisation of end-user energy use to meet EU climate targets.
Renewables
Asia Pacific to invest $1.5 trillion in power generation by 2030
Countries in the Asia Pacific region are expected to invest up to $1.5 trillion in power generation this decade, according to Wood Mackenzie.
Energy Storage
Utility selects energy storage partner for UK’s largest onshore wind farm
Scottish Power Renewables has selected Ingeteam for the supply of the company’s biggest ever ion-lithium battery storage system.
Renewables
Bank of America signs first 10-year solar purchase agreement
The Bank of America has signed its first ten-year solar energy purchase agreement with US energy generation and distribution company NRG Energy.
Renewables
US renewables outpace coal and nuclear says EIA
Renewables produced 27.1% more electricity than coal during the first four months of 2020, according to the US Energy Information Administration.