IRM Releases Fuelling the Debate Report: Trends, Survey Report and Findings for the Energy Industry 2019
The IRM sought to provide insights and thought leadership for risk managers in the energy sector (including oil and gas, energy and renewables). In addition to an exploration of the survey results, IRM has asked industry leading specialists to provide their advice on how risk managers can improve their performance and relevance across a range of topics – from safety and sustainability to improving risk maturity and building effective risk cultures. These are mentioned in the survey results and c...
European Commission Approves Renewable Energy Support Package to Lithuania Worth EUR 1.24bn in Push for Energy Autonomy Ahead of 2020 European Union Energy Directive
The European Commission recently approved a measure to support the production of electricity from renewables and electricity-heavy industrial consumers in Lithuania, a move that positions the largest of the three Baltic States as the region’s leader in meeting the European Union’s 2020 and 2030 energy directives. In 2018 it was announced that Lithuania was amongst 11 EU member states including Sweden and Finland to already be sourcing 20% of its energy from renewable sources. The...
APAC to Drive Global Distribution Transformers Market Over Next Four Years, says GlobalData
Asia-Pacific (APAC) will continue to lead the distribution transformers market of the global power sector with a share of 48% and reach $6.94bn in 2022, says GlobalData, a leading data and analytics company. The company’s latest report, ‘Distribution Transformers Market, Update 2018, reveals that the global market value is likely to reach $14.32bn in 2022, growing at a modest CAGR of 1.6% between 2018 and 2022. Nirushan Rajasekaram, Power Analyst at GlobalData, says: “Systemic transfor...
Renewable Energy the Most Competitive Source of New Power Generation in GCC
Abu Dhabi, UAE – Renewable energy is the most competitive form of power generation in Gulf Cooperation Council (GCC) countries, according to a new report published today by the International Renewable Energy Agency (IRENA). Abundant resources, together with strong enabling frameworks have led to solar PV prices of below 3 cents per kilowatt hour and dispatchable concentrated solar power (CSP) of 7.3 cents per kilowatt hour, which is less than some utilities in the region pay for natural gas....
FPL Announces Groundbreaking '30-by-30' Plan to Install More than 30 Million Solar Panels by 2030, Make Florida a World Leader in Solar Energy
-- FPL is leveraging its leadership position in clean energy to become America's largest producer of solar energy among electric companies and further advance affordable, clean and reliable energy for all Floridians -- Laid end-to-end, 30 million solar panels would wrap around the Earth one and a half times; FPL's plan will make Florida a world leader in solar energy production -- The company's vision will deploy cutting-edge technologies that by 2030 will generate energy that i...
Wärtsilä Provides Efficient and Flexible 90 MW Power Plant to Supply Electricity and District Heating for Dresden, Germany
The technology group Wärtsilä has been awarded a contract to deliver a combined heat and power engine power plant (CHP) to Dresden, Germany. The facility has been ordered by DREWAG, Dresden’s local utility company, and will be delivered by Wärtsilä on an engineering, procurement and construction (EPC) basis. Wärtsilä will also maintain the plant under a Wärtsilä Guaranteed asset performance solution for ten years, with a five year extension option. Performance targets are determined based on mea...
Gas Demand Hits Lowest Level in 2 Years
DENVER – The latest Energy Information Administration (EIA) data register gasoline demand at 8.6 million barrels per day for the week ending December 28 – the lowest level on record since February 2017. Overall demand was down nearly 900,000 barrels despite a record holiday travel period. That suggests that winter demand could be lower than expected, further driving down already-foundering pump prices for the time being. Today's national gas price average is $2.23 and has declined for 12 wee...
Despite Drop in Share, APAC Will Lead Global Solar PV Market Volume through 2022, Says GlobalData
Despite a drop in its share, the Asia-Pacific (APAC) region, with its large population base and strong requirement for electricity generation capacity, will continue to influence the global solar PV module market over the forecast period 2018-2022, according to GlobalData, a leading data and analytics company. The company’s latest report, ‘Solar PV Module, Update 2018’, reveals that market saturation, reduction in subsidies and declining costs of technologies are the major factors impacti...
Global Commission Describes New Geopolitical Power Dynamics Created by Renewable Energy
Abu Dhabi, UAE: 11 January 2019 —Political and business leaders from around the world have outlined the far-reaching geopolitical implications of an energy transformation driven by the rapid growth of renewable energy. In a new report launched today at the Assembly of the International Renewable Energy Agency (IRENA), the Global Commission on the Geopolitics of Energy Transformation says the geopolitical and socio-economic consequences of a new energy age may be as profound as those which accomp...
Drillinginfo Provides Market Clarity in Report Focused on Price Drop Impacts
AUSTIN, Texas, Jan. 9, 2018 - Drillinginfo, the leading energy SaaS and data analytics company, has released After the Storm, a forward-looking report on the company's current view of the oil, natural gas, and NGL markets over the next five years. This update follows the market intelligence team's recent overview confirming crude oil prices have hit their peak price for the foreseeable future. The 50+ page report includes a depth of market insight including how speculative factors drove the p...
Stormwater Interview with Robert Page, P.E., Vice President, HNTB
TriMet’s Banfield Type 1 Substation Replacement Project
February Issue 2026
