On September 22, Greece and Turkey announced that they would engage in exploratory talks. Turkish President Recep Tayyip Erdogan is unlikely to have seen this particular development as a desirable conclusion to the 35-days crisis in the Eastern Mediterranean for a number of reasons.
This article explores the current state of floating solar PV (FPV), briefly highlighting several leading markets, and discussing benefits and advantages in detail alongside common applications and business model considerations. The outlook for FPV is positive and is set to break free of its niche perception. It could well become the third pillar of the solar PV sector in future.
Regardless of the financing structure changes due to market uncertainties, Gas Exporting Countries Forum (GECF) sees that the level of investment in upstream and midstream activities is expected to grow.
In the medium-term (2020-2030) investments will grow by over $4,700 billion and long-term (2020-2050) by $8,900 billion writes Dr Hussein Moghaddam, Senior Energy Forecast Analyst, Energy Economics and Forecasting Department, GECF Secretariat
OPEC’s 60th birthday should have been reason for celebration, but its largest producer Saudi Arabia is increasingly putting its own interests before the cartel’s objectives and has put the very existence of OPEC at stake on a number of occasions
The current tensions in the Aegean and Eastern Mediterranean are neither new nor a consequence of ancient history. Their origins can be traced to 1973, when Turkey first contested the Greek continental shelf. Since then, in the aftermath of Turkey’s invasion of Cyprus and its hardened stance towards Hellenism, the scope of that
This is the time of year when the autumn conference season would normally be upon us and industry participants from all over the world would be congregating to mull over the year and to envision future supply-demand plans
As a country with one of the lowest corporate tax rates in the world, Ireland has always been a hub for Big Tech. In fact, its so-called Silicon Docks play host to many of the tech industry’s biggest names, including Google, Microsoft, Amazon, Facebook, and many more. The country’s attractiveness to Big Tech, however, has also put it at a crossroads of sorts
Longi will hold off on additional panel output increases beyond the 600 W+ range until it can resolve a number of key challenges, a company spokesperson told pv magazine. Those outstanding issues include low cell manufacturing yield, system compatibility, concerns about module transport, and hotspot-related failure risks, as well as the need for mechanical loading tests.
In 2019, the global solar market increased 13% from the year before, with 116.9 GW of installations, marking a new annual installation record. This record-breaking growth helped solar expand its annual share among all other power generation technologies to 48%, which means that solar accounted for almost half of the global net power capacity installed in 2019
Last May, Bernard Looney, the CEO of BP, said that "the coronavirus hit to crude consumption was likely to endure beyond the pandemic- and may have even ushered in "peak oil" demand (See FT, 13/5/2020).
Last September Greece's newly elected prime minister Kyriakos Mitsotakis speaking at the UN general assembly on Climate Change and the need to take firm action in order to stop its adverse effects announced his government's decision to eliminate all coal use in the country's energy system by 2028.
On 25 June WindEurope and SolarPower Europe joined forces for EU Sustainable Energy Week to host a panel discussion on the need for a coherent industrial strategy for renewables. The session opened with a scene-setting presentation from WindEurope CEO Giles Dickson.
European LNG sendout remains a key source of gas supply to the EU despite a surge in US offtake cancellations. LNG sendout was broadly unchanged between April and May, providing just under 10 billion cubic metres (bcm) of gas to the EU or around a quarter of overall imports.
Now that crude has rallied on the back of those cuts from below $20 a barrel to $40 or more, the group known as OPEC+ faces a fresh challenge: stopping U.S. shale production delivering another surprise by recovering equally quickly.
As the push to reopen economies intensifies, world leaders face mounting pressure to successfully balance health concerns, national economies and their own political futures. That’s true of US President Donald Trump as he heads into his re-election campaign this fall, but a surprise addition to this list of vulnerable world leaders is Chinese President Xi Jinping. This new reality may bring the US and China to the cusp of a cold war.
Despite the low oil demand during the COVID-19 outbreak in China, the world’s top oil importer is set to increase its crude oil imports by 2 percent in 2020, thanks to the low oil prices, according to a research think-tank affiliated with state oil giant China National Petroleum Corporation (CNPC).
China’s apparent crude oil consumption is expected to increase by between 1 percent and 2 percent year on year, CNPC Research says, as carried by Reuters.
It wasn’t a banner year for electric vehicles in 2019. After a six-year run typified by near exponential growth — EVs averaged an incredible 60 per cent year-over-year increase from 2012 to 2018 — worldwide sales of plug-in vehicles have stagnated