In this week’s pick of energy and commodities trends, European wind generation storms into 2020 and oil refiners in Asia and Europe feel the impact of US-Iran tensions. Plus, S&P GSCI index performance in 2019 reveals investors’ darlings among commodities.
Posts tagged ‘wind’
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December 3, 2019 08:33 UTC 
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US utilities have stepped up their efforts to provide environmental, social and governance (ESG) reports with clear emissions reduction goals, writes Jeffrey Ryser. This is the first in a series of articles assessing key energy sector trends, ahead of the S&P Global Platts Global Energy Awards. The year 2019 may come to be seen as pivotal in the transformation of the US electricity sector. |
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November 7, 2019 14:27 UTC
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The market for European Guarantees of Origin, or GO, electronic tags that certify the source of renewable electricity, is evolving quickly. S&P Global Platts has been monitoring developments, including the impact of recently-launched French auctions; price dynamics across regions and technologies; and where additional GO supply will come from in the coming years. |
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August 12, 2019 11:08 UTC
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With abundant sunshine, the Middle East and North Africa should be global leaders in solar power. But slowing electricity demand growth and an uncertain economic outlook across the region may hold back investment, experts warn. Arab Petroleum Investments Corporation lowered by 20% its estimate of spending on power generation over the next five years in the region, in a report last month, citing reduced economic and population growth forecasts and higher electricity prices. Egypt – the region’s most populous Arab country – five years ago suffered blackouts due to electricity shortages. It is now facing overbuilding new capacity, Apicorp said. |
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April 18, 2019 09:15 UTC
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Saudi Arabia, the world’s largest oil exporter, has ambitious plans to tap into the potential of renewables to fill a shortfall in regional power supply. But opinions are divided on how realistic the Kingdom’s strategy is, given its track record of delayed projects and a shortage of domestic policies to help support investment. The drive to increase renewables generation in the region is not limited to Saudi Arabia. With economies in the Middle East region set to grow in the coming years, power demand is projected to surge in tandem. Despite an abundance of natural resources, electricity supply is a major issue for Gulf countries and oil-fired generation is still the dominant source. |
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April 5, 2019 08:50 UTC
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Ahead of the S&P Global Platts Global Power Markets conference in Las Vegas, April 8-10, 2019, The Barrel presents a series of articles on the global and US electricity sectors. In this last post of the series, Steve Piper analyzes S&P Global Market Intelligence data to show that renewables are increasingly able to compete with conventional generation. Wind and solar photovoltaic (PV) electric facilities only account for an estimated 11% of US generation, but they are fast closing on a tipping point where they may outperform conventional generation as an asset class. Several factors have come together to drive this result, starting with a rapid decline in costs for new renewable facilities, both wind and solar, that has offset the advantage to natural gas generation brought about by abundant and economical supply. › Continue Reading |
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February 22, 2019 11:46 UTC
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The global energy transition is well underway, but it was a week of mixed signals in the drive for decarbonization. In Europe, additions of wind power capacity in 2018 fell to their lowest level since 2011 and the outlook for investment is uncertain, sector association WindEurope said. Meanwhile, the EU struck an informal deal to enforce lower emissions from heavy goods vehicles. The rules would see new HGVs emit an average of 15% less CO2 by 2025 and 30% less by 2030 compared with 2019. › Continue Reading |
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February 5, 2019 06:30 UTC
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Renewables are the big winners in the European Union’s new power market rules, which are designed to help the grid cope with ever increasing shares of variable sources such as wind and solar. This is part of the EU’s long-term push to cut its greenhouse gas emissions and reduce fossil fuel imports. |
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March 20, 2018 00:01 UTC
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Morocco is taking a lead in the promotion of renewable energy in North Africa, aiming to develop wind and solar to meet both domestic electricity demand and export power to Europe. Interconnectors to Spain and Portugal are under consideration. |
 
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March 5, 2018 04:10 UTC
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Exactly when the world’s thirst for oil starts to ebb as a shift to cleaner, renewable energy gathers pace is increasingly occupying forecasters on both sides of the debate. The booming growth of renewable energy and high hopes for electric cars are seen equally as a challenge or a panacea by the producers of fossil fuels and environmental groups alike. |