Tag Archives: Electricity

Mercedes-Benz plans to install wind turbines of more than 100 MW

Mercedes-Benz is taking another big step towards achieving its climate goals, as the automaker announced its plans to install a “double-digit” number of wind turbines at its Papenburg test track in Northern Germany. The new wind farm expects to generate … Continue reading

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Investments in Egypt’s solar and wind energy approach $3.5 bln to produce 3570 megawatts

Minister of Electricity and Renewable Energy, Dr. Mohamed Shaker, affirmed that Egypt seeks to be a corridor for the transit of clean energy that the African continent enjoys. “Egypt is keen to support the efforts of African countries to access … Continue reading

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Danish authorities order Ørsted’s oil- and coal-fired power stations into operation

In order to ensure the security of the electricity supply in Denmark, the Danish authorities have decided to order Ørsted to continue and resume operations of three of its power station units which use oil and coal as fuel. This … Continue reading

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EU’s record growth in wind and solar avoids €11bn in gas costs during war

A new study by E3G and Ember finds that wind and solar produced a quarter of EU electricity since the war began, with record growth from last year alone avoiding €11 billion in gas costs. However, the EU still spent an estimated €82 billion on fossil gas during … Continue reading

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ACP Applauds Biden Announcement to Diversify and Stabilize the U.S. Battery Supply Chain

Today, the Biden Administration announced that the Department of Energy is awarding $2.8 billion in grants from the Bipartisan Infrastructure Law to 20 manufacturing and processing companies for projects across 12 states, along with the American Battery Materials Initiative, a new … Continue reading

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Top Wind Energy Owners in the USA are Farming PTCs, not Just the Wind

The Production Tax Credit (PTC) in the USA has been a powerful tool for asset owners to ensure the favorable financial health of their projects. To date, more than 75% of the 138GW of operational capacity in the United States … Continue reading

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Low wind turbine orders call for step change in Europe’s energy security strategy

Wind turbine orders in Q3 2022 fell by 36% compared with Q3 2021. Europe urgently needs to solve permitting and strengthen its wind energy supply chain. Inflationary cost pressures, slow permitting and uncertainty around the EU’s emergency electricity market interventions … Continue reading

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Vattenfall in premiere project with fast chargers for Danish city buses

Vattenfall has delivered 32 fast chargers to Tide Bus in Denmark’s fifth largest city, Vejle. The delivery is Vattenfall’s first Power-as-a-Service project for passenger transport in Denmark and means that electric buses are now running in the city. The project … Continue reading

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European electricity market prices fell in October, influenced by gas

Prices in European electricity markets fell considerably during October due to falling gas prices. In some electricity markets, the monthly average price ended up being even lower than in the same month of the previous year. Italy’s IPEX market registered … Continue reading

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New Report Warns World of Huge Untapped Renewable Energy Potential

Renewables are the backbone of the energy transition and a viable climate solution. Yet out of the 183 parties to the Paris Agreement with renewable energy components in their Nationally Determined Commitments (NDCs), only 143 have quantified targets with the … Continue reading

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