Tag: power plant
European energy companies are facing many challenges, amid continuing to bleed losses and debts, and searching for ways to finance their businesses, whose costs have increased in light of the rise in oil and gas prices. And energy prices in Europe this year (2022) reached record levels, in the wake of the Russian invasion of […]
Germany intends to restart 16 power plants running on fossil fuels, mainly coal and oil, to avoid electricity shortages due to an expected Russian cut in exports to Berlin, The Kyiv Independent reported on Sunday 17 July. The newspaper pointed out that German Chancellor Olaf Scholz stressed that his country did not intend to return […]
Emission reduction targets boost global spending on maintenance in the renewable and low-carbon sectors, slowly pulling the rug out of the oil and gas industry. In a recent report, energy research firm Rystad Energy predicts that the maintenance, modification and operation (MTO) market for the renewable and low-carbon sector will reach nearly $250 billion by […]
The production of jet fuel in China witnessed a sharp decline, during the month of April, as part of the price the country is paying in its fierce war against the Corona virus, which was born globally for the first time from the womb of the Chinese city of Wuhan in March of the year […]
Scotland counts on solar energy to achieve climate goals by 2030 The Scottish government has expressed its commitment to including solar energy in its new strategy to achieve climate goals, after the ruling Scottish National Party announced last Friday the signing of a power-sharing agreement in the country with the Green Party. The document, issued […]
Ethiopia seeks to be a major player in the African arena through an ambitious plan to expand the field of renewable energy, and to export it to the Horn of Africa and East African countries on a large scale. The government announced an ambitious plan to invest $40 billion in building new infrastructure to produce […]
Europe is set to install a record capacity of offshore wind power this year, led by the United Kingdom, as the old continent seeks to boost energy supplies away from Russia. And energy research company Rystad Energy expects, in a report issued yesterday , Thursday, that the added capacity of offshore wind energy in Europe […]
The increasing rates of inflation have reflected noticeably on the prices of electricity generated from renewable energy sources in America, and expectations indicate further rises to come. In light of the high demand for goods, coinciding with the recovery from the Corona pandemic, prices rose, including electricity. Nevertheless, expectations indicate that the increase in the […]
