Blown off course: European onshore wind markets decline

| March 6, 2019

article image
As European onshore wind energy growth slows, investors and analysts pin the blame on political infighting and faulty auction systems. L. Michael Buchsbaum reports on recent figures illustrating a particularly sharp drop in Germany. First the good news: According to preliminary figures from the World Wind Energy Association, overall global installed wind energy capacity increased by over 53 new Gigawatts by the end of 2018 to over 600 GW worldwide.

Spotlight

Verengo Solar

At Verengo Solar we market, sell, and install solar photovoltaic systems, which enable homeowners to save money on their electricity by providing a smart and sustainable alternative to soaring energy rates— all while converting to a clean and renewable source of energy.

OTHER ARTICLES

How is the pandemic affecting the energy industry?

Article | April 8, 2020

There are many ways the Corona Virus pandemic will change our world forever including the impact it will have on various industries. Our industry will be changed in ways we cannot yet imagine. However, some of the positive and negative impacts it will have are beginning to emerge including on oil demand and prices, production of equipment for renewables such as solar panels, carbon emissions and cancelling of key events.

Read More

Major Sustainability Impact via Renewable Power

Article | April 6, 2020

Globally, there is increased interest and investment in sustainable forms of energy via commercialized renewable power technologies such as solar (thermal and photovoltaics), wind, biomass, geothermal, and other viable sources that are at the center stage. As part of the definitive pathways towards de-carbonization, investors, lenders, market players, and policymakers are increasingly becoming aware of the need for flexibility in the energy value and supply chain. This key area is a critical market segment wherein renewable power technologies are expected to play an important role in both front of-the-meter (FTM) and behind-the-meter (BTM) applications. Accordingly, renewable power is an attractive option to power generators, process plants, commercial and industrial (C&I), institutional, and residential facilities in reducing overall carbon footprint.

Read More

CORONAVIRUS CRISIS FAST-FORWARDS GREEN ENERGY 10 YEARS INTO THE FUTURE

Article | April 6, 2020

As businesses shut down and many work from home around the world, electricity demand has reduced in COVID-19 hotspots. This could have a knock-on effect for the renewable sector. China, where the outbreak first took hold, is the world’s biggest electricity consumer. Output from factories has been substantially diminished with many unable to return to their jobs in manufacturing. Due to the curtailing of industrial electricity use, cuts in energy consumption for 2020 could be equivalent to the power used by the whole of Chile, according to IHS Markit. In Europe, peak power consumption has also gone down. Italy, Spain, and the UK have all seen an average 10 per cent drop in energy usage with bars, restaurants, offices and factories, which remain closed as social distancing measures continue.

Read More

Leading the Way Forward for DER Grid Management

Article | April 5, 2020

Distributed energy resources (DERs) are changing the landscape for electric utilities. As adoption goes mainstream, utilities are shifting operating strategies and business models to accommodate DERs such as wind/solar generation, electric vehicles, battery storage, heat pumps and any controllable loads. Developed to provide a wide range of transportation and residential services as well as and energy efficiency, the volume of these devices continues to grow at a pace completely out of the control of electric utilities.

Read More

Spotlight

Verengo Solar

At Verengo Solar we market, sell, and install solar photovoltaic systems, which enable homeowners to save money on their electricity by providing a smart and sustainable alternative to soaring energy rates— all while converting to a clean and renewable source of energy.

Events