renewable-energy
Top StoriesAnalysis-Can COP27 Deter Africa From a ‘dash for Gas’ in Green Energy Transition?
Top StoriesCommerzbank Norsk Hydro to Invest 600 Million Euro Into 1 Gw of Danish Solar
Top StoriesGreen Investment Group to Launch Battery Storage Platform
InvestingThe Path to Net Zero: Significant Investment, Actionable Strategies and Long-Term Commitment
Analysis: Energy Market Turmoil Shakes Europe’s Green Power Plan
Date: November 3, 2022
By Susanna Twidale, Isla Binnie and Kate Abnett (Reuters) – Europe’s plan to roughly double renewable power generation by the end of the decade to cut its emissions and reliance on imported Russian fuel is under threat from market turbulence that has shaken the economics of the shift to low carbon energy. Russia’s war on...
Iea Says Europe Must Act Now to Avoid Winter 2023 Gas Shortages
Date: November 3, 2022
By Nora Buli OSLO (Reuters) -Europe needs to act now to avoid a natural gas shortage next year given the loss of Russian supply and expectations Chinese demand will increase, the International Energy Agency (IEA) said on Thursday. The European Union has succeeded in filling storages to 95% ahead of this winter, 5% or 5...
OPEC Raises Long-Term Oil Demand View, Calls for Investment
Date: October 31, 2022
By Alex Lawler ABU DHABI (Reuters) – OPEC raised its forecasts for world oil demand in the medium-and longer-term in an annual outlook released on Monday and said $12.1 trillion of investment is needed to meet this demand despite the energy transition. The view from the Organization of the Petroleum Exporting Countries, in its 2022...
OPEC Expected to Stick to View of Long-Term Oil Demand Rise
Date: October 28, 2022
By Alex Lawler LONDON (Reuters) – OPEC is likely to maintain its view world oil demand will rise for another decade, longer than many other forecasters predict, in a forthcoming major report, despite the growing role of renewables and electric cars, two OPEC sources said. The Organization of the Petroleum Exporting Countries is scheduled to...
Ge Cuts Full-Year Earnings Forecast on Troubles at Renewable Energy Business
Date: October 25, 2022
By Rajesh Kumar Singh and Abhijith Ganapavaram (Reuters) -General Electric Co on Tuesday trimmed its full-year profit forecast after reporting a decline in third-quarter earnings, primarily due to higher warranty and related reserves at its renewable energy business. The company, however, reported much higher-than-expected free cash flow. Its quarterly revenue also topped Wall Street’s estimates....
Britain’s Lightsource Bp Races to Hook Solar Farms to Batteries
Date: October 25, 2022
By Ron Bousso LONDON (Reuters) – Lightsource BP aims to rapidly grow battery capacity at its solar farms around the world to reach 4 gigawatts (GW) by 2025 in order to store and supply power at night and on cloudy days, the British company’s chief executive told Reuters. Connecting industrial-scale batteries to solar plants, as...