Tag Archives: Electricity

Electricity Market Report UpdateOutlook for 2023 and 2024

Posted on September 28, 2023 by Now.Solar

Executive summaryFalling electricity consumption in advanced economies weighs on global growth in power demand Global electricity demand growth is expected to ease in 2023 before accelerating in 2024. Demand is expected to grow by slightly less than 2% in 2023, … Continue reading →

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10 years of India’s electricity demandin10 charts

Posted on September 26, 2023 by Now.Solar

Indroduction TotalelectricityconsumptioninIndiacrossed1300bil lionunitsbyFY2022,ata5.3% CAGR overthepreceedingdecadefromFY2012.Wehavetriedtobringoutthevariation/paternsin theelectricityconsumptionacrossvariousstatesandconsumercategoriesovertheyears throughtheanalysispresentedhere. Thedashboardsareinteractive,andwilshowadditionalinformationonhoveringthemouse overtheplots.Hoveringonaxesincertainplotsshowsabutontochangethestatesorting. Thefirst8interactivedashboardshavestate-wiseanalysisofthedecadalchangein electricityconsumption.Later2dashboardsareexploratoryinnature.Thestateexplorer alowsuserstoselectastateandviewtrendsanddetailsofelectricityconsumptionwithin theselectedstate.Thecategoryexploreralowstheusertoselectacategory,andview states’sharesinthedecadalchangeintheselectedcategory. -India’selectricityconsumptiongrewataCAGRof5.3% Demandforthedomesticsectorgrewthehighest(7.1%)folowedbyAgriculture(4.9%)andIndustry (4.7%). -Consumercategorywiseshareinthetotalelectricityconsumptionhasremainedmoreorless constantoverthelast10years. -ElectricityconsumptioninFY2022grew at7.7% overFY2021,indicatingarecoveryfrom COVID-19 induceddemandsuppression. -InFY2021-22,Industrycontributedto44% ofthetotalelectricityconsumptionfolowedbythe Domesticcategory(24%)andAgriculture 18% India’stotalelectricityconsumptiongrewby532BUoverthedecade,withIndustry(39%) contributingthehighestfolowedbytheDomestic(32%)andAgriculture(16%)categories ThisdashboardprovidesdatatoexplorethegrowthofelectricityconsumptionduringthedecadeFY2012-22,withinaconsumer categoryacrossstates.Pleaseselectaconsumercategoryfrom theShareofcategoriesgraphontopleftofthedashboardtoview detailsofthatconsumercategory.

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Coal Market Update July 2023

Posted on September 25, 2023 by Now.Solar

Global coal demand is set to remain at all-time highs in 2023 We expect coal demand grew by about 1.5% in the first half of 2023 to a total of about 4 665 Mt, backed by both an increase of … Continue reading →

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Facilitating Decarbonisationin Emerging EconomiesThrough Smart Charging

Posted on September 25, 2023 by Now.Solar

Opportunities to decarbonise can happen if the right measures are taken As emissions are also present in the EV manufacturing and disposal stages, ensuring that the operational emissions of EVs are close to zero, if not negative, helps deepen the … Continue reading →

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Colombia 2023 Energy Policy Review

Posted on September 21, 2023 by Now.Solar

Executive summary Colombia has emerged as a leader in clean energy transition policy making and is an inspiring example of a fossil fuel producing country committed to climate action, based on a long-term decarbonisation pathway and a policy of energy … Continue reading →

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Hungary 2022 Energy Policy Review

Posted on February 21, 2023 by Now.Solar

The International Energy Agency (IEA) has conducted in-depth peer reviews of its member countries’ energy policies since 1976. This process supports energy policy development and encourages the exchange of and learning from international best practices. By seeing what has worked … Continue reading →

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The Futureof Heat Pumps

Posted on February 20, 2023 by Now.Solar

Today, many of the ways we heat buildings around the world – such as homes, offices, schools and factories – still rely largely on fossil fuels, particularly natural gas. It haslong been clear that this leads to large amounts of … Continue reading →

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Clean EnergyTransitions in theGreater Horn of Africa

Posted on February 16, 2023 by Now.Solar

The future of Africa’s energy sector is important globally. The International Energy Agency (IEA) is actively supporting evidence-based energy policy making in African countries with the aim of achieving affordable and clean energy, in line with United Nations Sustainable Development … Continue reading →

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World EnergyOutlook2022

Posted on February 16, 2023 by Now.Solar

Today, the world is in the midst of the first truly global energy crisis, with impacts that will be felt for years to come. Russia’s unprovoked invasion of Ukraine in February has had far‐ reaching impacts on the global energy … Continue reading →

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Climate Resiliencefor Energy Security

Posted on February 14, 2023 by Now.Solar

The global energy crisis prompted by Russia’s invasion of Ukraine is a stark reminder of the importance of energy security. But there are many other threats to energy security, both old and new. These include climate change, which is already … Continue reading →

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North Seas Summit focuses on how to deliver ambitious new offshore wind targets

Posted on February 1, 2023 by Now.Solar

Ministers and top officials from the 9 “North Seas” countries and the EU Commission met in Dublin today. That’s Belgium, Ireland, Denmark, France, Germany, Luxembourg, the Netherlands, Norway and Sweden. They adopted a declaration with ambitious new volumes for the expansion … Continue reading →

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

Posted on January 27, 2023 by Now.Solar

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

Posted on January 23, 2023 by Now.Solar

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

Posted on January 16, 2023 by Now.Solar

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

Posted on January 12, 2023 by Now.Solar

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

Posted on January 10, 2023 by Now.Solar

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

Posted on January 9, 2023 by Now.Solar

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

Posted on January 5, 2023 by Now.Solar

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

Posted on January 4, 2023 by Now.Solar

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

Posted on January 3, 2023 by Now.Solar

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

Posted on January 2, 2023 by Now.Solar

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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IRENA and UNIDO Support Global Energy Transition Through Green Hydrogen

Posted on December 29, 2022 by Now.Solar

Today, Francesco La Camera, the Director-General of the International Renewable Energy Agency (IRENA) and Gerd Müller, the Director-General of the United Nations Industrial Development Organization (UNIDO) have signed a joint declaration on advancing sustainable energy through the fundamental role of … Continue reading →

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Ireland generated 47% of October’s electricity from wind power

Posted on December 23, 2022 by Now.Solar

Wind power provided nearly half of Ireland’s energy in October, setting a new record, according to officials. Also, the volume of wind power in Ireland in October caused the wholesale electricity price to fall to its lowest level since August … Continue reading →

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U.S. construction costs drop for solar, rise for wind and natural gas generators

Posted on December 16, 2022 by Now.Solar

Data source: U.S. Energy Information Administration, Electric Generator Construction Costs and Annual Electric Generator Inventory Construction costs for solar photovoltaic systems continued to decrease in the United States in 2020; the capacity-weighted average fell 8% compared with 2019, according to the latest data in … Continue reading →

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Paraffin lamps go out across Africa, thanks to solar

Posted on December 12, 2022 by Now.Solar

Abulb, a charging port, a solar panel and a small fee paid through a cell phone are making all the difference as millions of households in Africa dump paraffin and other dirty fuels. Off-grid solar finance companies with “pay as … Continue reading →

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Contractor settles with inverter company over solar farm, still in dispute with owners

Posted on December 9, 2022 by Now.Solar

Contracting company Decmil says it has settled its dispute with inverter supplier Schneider over the 200MW Sunraysia solar farm in NSW, but is yet to resolve its differences with the project owners. The dispute over Sunraysia is one of the … Continue reading →

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Kerosene lamps are going out across Africa, thanks to solar

Posted on December 8, 2022 by Now.Solar

Nairobi, Kenya | BIRD AGENCY | A bulb, a charging port, a solar panel and a small fee paid via mobile phone are making all the difference as millions of African households dump kerosene and other dirty fuels to light their … Continue reading →

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ENERGY PROFILE THAILAND

Posted on December 7, 2022 by Now.Solar

Indicators of renewable resource potential Solar PV: Solar resource potential has been divided into seven classes, each representing a range of annual PV output per unit of capacity (kWh/kWp/yr). The bar chart shows the proportion of a country’s land area … Continue reading →

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PHOTOVOLTAICS REPORT

Posted on December 6, 2022 by Now.Solar

PV Market: Global Photovoltaics is a fast-growing market: The Compound Annual Growth Rate (CAGR) of cumulative PV installations was 32% between year 2010 to 2021. In 2021 producers from Asia count for 93% of total c-Si PV module production. China … Continue reading →

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NE REPORT 2021

Posted on November 28, 2022 by Now.Solar

SOLAR FLOATINGThe first pilot project for private sector of the group company ORGANIZATIONAL STRUCTURE AND OPERATION OF THE GROUP OF COMPANIESPOLICY AND BUSINESS OVERVIEW Thai Solar Energy Public Company Limited, its subsidiaries and jointly controlled entities (collectively, the “Group of … Continue reading →

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New Report is Published about the Europe Solar Power Market 2020 – 2030 with Trends, Investments, Analysis, COVID-19 Impact, Projections

Posted on November 23, 2022 by Now.Solar

15th May 2020, RENEWABLE MARKET WATCHTM Solar energy is the fastest-growing and lowest cost source globally. In Europe, solar capacity increased by 36 per cent to 8.5GW in 2018. However, 2019 was a huge success for the European solar PV market with a … Continue reading →

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European Market Outlook For Residential Battery Storage 2021–2025

Posted on November 22, 2022 by Now.Solar

Foreword Welcome to our European Market Outlook for Residential Battery Storage 2021-2025.Solar & battery storage is probably the greatest couple in the energy transition – they truly bring out the best in each other. While solar shows larger versatility and … Continue reading →

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Algeria Solar investment opportunities

Posted on November 21, 2022 by Now.Solar

ForewordThe SolarPower Europe Emerging Markets Workstream was launched in March 2018 to identify new avenues for business and cooperation, and to contribute to the global energy transition. Since its creation, the workstream has continued to grow and now comprises 150 … Continue reading →

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Middle East Solar investment opportunities

Posted on November 21, 2022 by Now.Solar

Foreword The SolarPower Europe Emerging Markets Workstream was launched in March 2018 to identify new avenues for business and cooperation, and to contribute to the global energy transition. Since its creation, the workstream has continued to grow and now comprises … Continue reading →

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Tunisia Solar investment opportunities

Posted on November 16, 2022 by Now.Solar

Foreword Tunisia has enormous solar potential with its significant global horizontal irradiation, improved investment framework, and highly educated and skilled talent pool to support the ambitious Plan Solaire Tunisien. However, until now, the country has fallen short of the intermediate … Continue reading →

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ANNUAL SOLAR OUTLOOK 2022

Posted on November 14, 2022 by Now.Solar

executive summary The world will pass the 1 TWp installed solar capacity in 2022. This symbolic threshold is sure to be met after a record 191 GWp has been installed in 2021 based on various sources citing Bloomberg New Energy … Continue reading →

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REPORT OF THE EXPERT GROUT

Posted on November 11, 2022 by Now.Solar

Today, India’s 275 GW of installed electricity generating capacity is significantly higher than 140 GW of peak demand. In fact, India’s coal generation capacity alone is higher than its peak demand. Despite installed capacity exceeding power demand, some parts of … Continue reading →

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Korea 2020 Energy Policy Review

Posted on November 10, 2022 by Now.Solar

Executive summary Korea’s energy sector is characterised by the dominance of fossil fuels, which in 2018 accounted for 85% of total primary energy supply (TPES), a strong dependence on energy imports at 84% of TPES, and the dominance of industrial … Continue reading →

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CENTRAL ELECTRICITY REGULATORY COMMISSION NEW DELHI

Posted on November 8, 2022 by Now.Solar

CORAM:Shri I. S. Jha, MemberShri Arun Goyal, MemberShri P. K. Singh, Member In the matter of: Approval of ‘Detailed Procedure for Connectivity and GNA’ under Regulation 39.1 ofthe Central Electricity Regulatory Commission (Connectivity and General Network Access to the inter … Continue reading →

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Solar Inverter Market Industry Overview Research Report

Posted on October 27, 2022 by Now.Solar

With the increasing prevalence of alternative energy sources and growing number of technological innovations, the solar power industry is gaining ever-increasing importance in the commercial and residential landscape. Government support and rising concerns over environmental pollution are anticipated to boost … Continue reading →

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ว่าด้วยเรื่องพลังงานไฟฟ้า ไทยเผชิญต้นทุนค่าไฟฟ้าสูงขึ้น คาดปี 66 ปรับเพิ่มอีก 16% จากปัจจุบัน!

Posted on October 24, 2022 by Now.Solar

on electric power Thailand faces higher electricity costs, expected in 66, an increase of 16% from the present! ไทยจะยังคงเผชิญแนวโน้มค่าไฟที่มีทิศทางขาขึ้นต่อเนื่องในปีหน้า จากต้นทุนเชื้อเพลิงที่ยังคงอยู่ในระดับสูง ประกอบกับการทยอยลดภาระอุดหนุนค่าไฟของภาครัฐ และเงินบาทที่ผันผวนในทางอ่อนค่า ในระยะเฉพาะหน้า ผู้ประกอบการอาจจำเป็นต้องรณรงค์ประหยัดไฟอย่างจริงจัง ขณะที่ในระยะกลาง ผู้ประกอบการที่มีความพร้อม อาจพิจารณาปรับใช้แหล่งพลังงานทางเลือกอื่นซึ่งมีต้นทุนค่าไฟที่ต่ำกว่า โดยเฉพาะโซลาร์รูฟท็อป ซึ่งสามารถตอบโจทย์ได้ทั้งด้านต้นทุนค่าไฟและกระแสรักษ์โลก ผลของสงครามรัสเซีย-ยูเครนที่ยืดเยื้อ ได้ก่อให้เกิดวิกฤตพลังงานกระจายตัวไปในหลายประเทศ โดยเฉพาะประเทศในยุโรปที่กำลังเผชิญกับความเสี่ยงทั้งด้านอุปทานที่ขาดแคลนและราคาที่เพิ่มสูงขึ้นของก๊าซธรรมชาติซึ่งเป็นแหล่งพลังงานหลัก Thailand will continue to face an upward trend … Continue reading →

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SCALING UP RENEWABLES IN LANDLOCKED DEVELOPING COUNTRIES

Posted on October 20, 2022 by Now.Solar

INTRODUCTION AND BACKGROUND Characterised by remoteness from global markets due to the absence of territorial access to the sea,landlocked developing countries (LLDCs)1 grapple with a myriad of special challenges, including complex procedures for border transit exacerbated by poor infrastructure, inefficient … Continue reading →

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ELEEMENTS OF ELECTRIFICATION STRATEGY FOR INDIA

Posted on October 19, 2022 by Now.Solar

INTRODUCTIONImproving energy efficiency of sectors and sub-sectors through technology upgrade together with maximum fuel switching to electricity is being increasingly recognized as the main strategy for a clean energy transition, as an electrified demand side is necessary to absorb the … Continue reading →

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BUSINESS MODEL

Posted on October 18, 2022 by Now.Solar

DESCRIPTION An aggregator is a grouping of agents in a power system (i.e., consumers, producers, prosumers or any mix thereof) to act as a single entity when engaging in power system markets (both wholesale and retail) or selling services to … Continue reading →

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SOLAR ELECTRCITY FOR AGRI-FOOD

Posted on October 17, 2022 by Now.Solar

Executive summaryThis report presents analysis, findings and recommendations on the use of decentralised solar photovoltaic (PV) solutions for selected food value chains in the Hindu Kush Himalaya (HKH) region. It is a joint publication resulting from the strategic partnership between … Continue reading →

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NDCs IN 2020 Advancing renewables in the power sector and beyond

Posted on October 14, 2022 by Now.Solar

STRENGTHENING PLEDGES IN 2020 In December 2015, virtually all Parties to the United Nations Framework Convention on Climate Change (UNFCCC) agreed to limit the rise in the global average temperature to well below 2 degrees Celsius (°C), and ideally 1.5°C, … Continue reading →

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DMT มุ่งสู่ Net Zero ลุยติดตั้งแผงโซล่าเซลล์บนหลังคา อาคารสนง.-ด่านฯ DMT moves towards Net Zero with solar panels on the roof Office building – checkpoint

Posted on October 14, 2022 by Now.Solar

โทล์ลเวย์ เดินหน้าติดตั้งแผงโซล่าเซลล์เพื่อผลิตพลังงานทดแทนใช้ในอาคารสำนักงาน และอาคารด่านเก็บค่าผ่านทาง 9 แห่ง วางเป้าติดตั้งครบสิ้นปี 67 คาดได้กำลังการผลิตรวมกว่า 373 กิโลวัตต์ สามารถประหยัดการใช้ไฟฟ้าโดยเฉลี่ยได้ถึง 30 % มุ่งสู่ Net Zero Tollway continues to install solar panels to produce renewable energy for use in office buildings. and 9 toll plaza buildings, aiming to install at … Continue reading →

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Solar Market Insight Report 2022 Q2

Posted on October 13, 2022 by Now.Solar

The quarterly SEIA/Wood Mackenzie Power & Renewables U.S. Solar Market InsightTM report shows the major trends in the U.S. solar industry. Learn more about the U.S. Solar Market Insight Report. Released June 7, 2022. Important note: This edition of the US Solar Market … Continue reading →

Posted in Cells & Modules, Coal, Grid Interactive Distributed Solar Energy Systems, PV, Renewables, Solar, Solar Policy, Solar PV, Wind | Tagged , , , , , , , , , , , , , , , , , , | Leave a comment

THE BREAKTHROUGH AGENDA REPORT Accelerating Sector Transitions Through Stronger International Collaboration 2022

Posted on October 13, 2022 by Now.Solar

EXECUTIVE SUMMARYSTRENGTHENING INTERNATIONAL COLLABORATION TOACCELERATE TRANSITIONSThe world remains far off track to meet internationally-agreed climate change goals, despite action being taken in many areas. The Nationally Determined Contributions that countries have put forward in the UN climate change negotiations imply … Continue reading →

Posted in Geothermal, Global Warming, Grid Interactive Distributed Solar Energy Systems, Power Generation, Renewables, Solar, Solar Policy, Solar PV | Tagged , , , , , , , , , , , , , , , , , , , , | Leave a comment

DEMAND-SIDE FLEXIBILITYFOR POWER SECTOR TRANSFORMATION Analytical Brief

Posted on October 12, 2022 by Now.Solar

INTRODUCTION The energy sector needs to experience a deep transformation worldwide and to achieve full decarbonisation. This is one of the main outcomes of the Paris Agreement, adopted in December 2015, in which parties agreed to take the appropriate measures … Continue reading →

Posted in Biomass, Cogeneration, Electric and Hybrid Vehicles, Geothermal, Grid Interactive Distributed Solar Energy Systems, Industrial, Nuclear, Power Generation, Renewable Energy Certificates, Renewables, Solar, Solar Policy, Solar Pumps, Solar PV, Solar Thermal, solar water heating, Wind | Tagged , , , , , , , , , , , , , , , , , , , , , , , , , | Leave a comment