Tag Archives: Market share

RWE and GNO, Inc. Release Louisiana Offshore Wind Supply Chain Database Signaling Further Market Readiness Along the Gulf Coast

RWE, a leading offshore wind company globally, and Greater New Orleans, Inc. (GNO, Inc.) today released the findings of a one year collaboration to accelerate the engagement of Louisiana’s offshore wind supply chain. The result of the engagement is a … Continue reading

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Vattenfall switches from 15 MW wind turbines from Siemens Gamesa to Vestas for offshore wind projects in Norfolk

Vattenfall, the Swedish power company, has announced that it will switch from Siemens Gamesa to Vestas as the supplier of wind turbines for its planned offshore wind projects in Norfolk, United Kingdom. Vattenfall’s decision to opt for Vestas’ 15 MW … Continue reading

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ACP Statement on Administration Guidance for Green Hydrogen Tax Credits

The American Clean Power Association (ACP) released the following statement from ACP Chief Executive Officer Jason Grumet after the U.S. Treasury Department released proposed guidance on clean energy investment and production tax credits for green hydrogen projects: “The Biden Administration’s … Continue reading

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WindEurope response to Spain’s proposals on Electricity Market Design

The European Commission is planning to table a reform to Electricity Market Design rules in March to help address Europe’s energy crisis. Ahead of the public consultation, Spain has issued a non-paper setting out its own proposals for electricity market … Continue reading

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Investments in wind energy are down – Europe must get market design and green industrial policy right

Investments in wind energy in Europe fell in 2022. Orders for new wind turbines were down 47% on 2021. There was not a single investment in an offshore wind farm. The problem is inflation, with costs rising at a higher rate than … Continue reading

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Oil Market Report

One year on Nearly a year on from Russia’s invasion of Ukraine, global oil markets are trading in relative calm. Oil prices are back to pre-war levels with the exception of diesel, though even these have drifted much lower from … Continue reading

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Gas Market Report,Q1-2023

including Gas Market Highlights 2022 Record high gas prices and volatility weighed on hub liquidity in 2022 Natural gas hubs enable market participants to trade gas in open, competitive gas markets. Traded products typically range from short-term contracts (e.g., within-day, … Continue reading

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Oil Market Report

Demand Overview Global oil demand growth started 2023 with a whimper but is projected to end the year with a bang. Gains will accelerate to 2.6 mb/d year-on-year (y-o-y) in 4Q23 from only 710 kb/d in 1Q23. Average 2023 deliveries … Continue reading

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Greece 2023 Energy Policy Review

Executive summary Greece’s energy and climate policies are centred on achieving net zero emissions by 2050 while ensuring energy security, improving economic competitiveness and protecting vulnerable consumers. The National Energy and Climate Plan (NECP), adopted in 2019, is the main … Continue reading

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Gas Market Report,Q2-2023

Executive summaryA gradual rebalancing of natural gas markets Global gas markets moved towards a gradual rebalancing over the 2022/23 heating season, following the supply shock sparked by Russia’s invasion of Ukraine in February 2022. Spot gas prices across the key … Continue reading

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Scaling up Private Financefor Clean Energyin Emergingand Developing Economies

Executive summary How Emerging Market and Developing Economies (EMDEs) meet their rising energy needs will be pivotal to their and the world’s energy and climate future. This country grouping covers a wide variety of low-income and middle-income economies, many of … Continue reading

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Coal Market UpdateJuly 2023

Global coal demand reached a new all-time high in 2022 As projected in the Coal 2022 report last December, global coal demand reached a new all-time high in 2022, rising above 8.3 billion tonnes (bt). It rose despite a weaker … Continue reading

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Electricity Market Report UpdateOutlook for 2023 and 2024

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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Global Gas Security Review 2023Including the Gas Market Report, Q3-2023

A new global gas market is taking shape in the aftermath of the 2022 supply shock The global energy crisis triggered by Russia’s invasion of Ukraine transformed natural gas markets in a structural manner with profound implications both for policy … Continue reading

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Coal Market Update July 2023

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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European Commission’s energy market proposals

We fully acknowledge the political and financial pressure all European countries and many customers are under. We agree to the importance of measures for demand reduction. This is the fastest way to mitigate the high electricity prices. The situation is … Continue reading

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China now has 30 Concentrated Solar Power Projects with Thermal Energy Storage Underway

The development of Concentrated Solar Power is entering into a fast track in 2022 here in China.  Within the Multi-Energy RE complexes combining with PV and/or Wind, CSP is playing a role as stabilizer and regulator, easing the power fluctuation and … Continue reading

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Solar power is the fastest way to reduce Europe’s dependency on Russian gas

The expansion of solar power in Europe is growing rapidly due to increased renewable energy ambitions and the need to reduce dependence on Russian gas. Statkraft’s Low Emissions Scenario now shows that Europe will have significantly more solar power by … Continue reading

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Kerosene lamps are going out across Africa, thanks to 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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U.S. solar industry sets records in 2020, on track to quadruple by 2030

The U.S. solar industry grew 43% and installed a record 19.2 gigawatts (GWdc) of capacity in 2020, according to the ‘U.S. Solar Market Insight 2020 Year-in-Review’ report, released today by Wood Mackenzie and the Solar Energy Industries Association (SEIA). For the second … Continue reading

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Electricity Market Design Principles

The Australian Energy Council (AEC) has asked KPMG to provide advice on long-term market design principles that support a sustainable energy future for Australia and allow for the assessment of potential market design changes.1 We have also been asked to … Continue reading

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OFF-GRID SOLAR MARKET TRENDS REPORT 2020 March 2020

Context and Key Definitions Over the past decade, the biennial Lighting Global/GOGLA Market Trends Report has been the anchor of the Lighting Global/GOGLA franchise of market data and trends reports, which are the go-to source of sector information for investors, … Continue reading

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Global Hybrid Solar Wind Energy Storage Market Report 2022 – Analysis by Product Type, End-user and Region

The “Hybrid Solar Wind Energy Storagemarket” provides a detailed analysis of global market size, regional and country-level market size, segmentation, market growth, Hybrid Solar Wind Energy Storage market share, competitive landscape, sales analysis, the impact of domestic and global market … Continue reading

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Operation &Maintenance

Best Practice Guidelines South Africa edition Foreword Welcome to the South Africa edition of the Operation and Maintenance (O&M) Best Practice Guidelines. Building on Version 4.0 of SolarPower Europe’s O&M Best Practice Guidelines, this edition is adapted to the South … Continue reading

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Best Practice Manual for Investment in Ground Source Heat Pumps in India

IntroductionAbout the Financing Investment in Clean Energy Platform Under the European Union (EU) – India Clean Energy and Climate Partnership (www.cecp-eu.in), which was agreed at the EU-India Summit in 2016 and confirmed in 2017, 2020 and 2021, the EU Delegation … Continue reading

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Revenue Adequacy for Generatorsin the WEM

Executive SummaryBackground Marsden Jacob Associates (Marsden Jacob) was appointed by the Australian Energy Council (AEC) to undertake an assessment of the current and proposed revenue streams for generators in the Wholesale Electricity Market (WEM) and whether they provide revenue adequacy … Continue reading

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Solar Market Insight Report 2022 Q2

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

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

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

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Advanced solar thermal technologies to address the challenges of Indian markets

Analyzing the role of solar thermal in strengthening bilateral relationshipIn India, the industrial sector is the main contributor to GHG emissions with ~560 Mt CO2 annually as in 2020. The sector showcases a heavy reliance on conventional fuel options, such … Continue reading

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Report on enhancing Solar PV rooftop uptake in India through innovative EU business models

IntroductionGovernment of India has set an ambitious target of 175 GW of installed capacity of Renewable Energyby 2022, comprising 100 GW of grid-connected solar power, of which 40 GW3 has been targeted for solar rooftop. Though India has made significant … Continue reading

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EU Climate Diplomacy Weeks 2022

Introduction In September and October, EU Delegations and Embassies of EU Member States around the world are organising activities and host events to foster dialogue and cooperation on climate change, showcase success stories and inspire further action. In the running … Continue reading

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Engineering, Procurement and Construction (EPC)

Introduction Rationale, aim, and scopeAccording to SolarPower Europe’s market data, India has over 45 GW of installed solar capacity on itsterritory, making it the fifth largest solar Photovoltaic (PV) nation in the world. This is supported by aproject development pipeline … Continue reading

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Global Market Outlook For Solar Power 2021 – 2025

Global solar market In 2020, a year the world suffered from a severe health and economic crisis, solar was again the power generating technology with the highest net installed capacity, with a 39% share of all new installations for the … Continue reading

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OFFSHORE RENEWABLES An action agenda for deployment A CONTRIBUTION TO THE G20 PRESIDENCY

INTRODUCTION KEY DRIVERS OF OFFSHORE RENEWABLE DEVELOPMENTClimate change is one of the greatest threats of this century and is already affecting many regions around the globe. Such impacts are driven by rising GHG emissions, especially from the energy sector, which … Continue reading

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A pathway to DECARBONISE THE SHIPPING SECTOR By 2050

Market dynamics and energy demandRising energy demand is a key issue for the shipping sector, with increasing trade leading to increasing demand. Factors such as global gross domestic product (GDP), as well as trade and manufacturing sector activity have been … Continue reading

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Geopolitics of the Energy Transformation The Hydrogen Factor

FOREWORDThe accelerating deployment of renewables has set in motion a global energy transformation with farreaching geopolitical implications. The report “A New World”, released in 2019 by IRENA’s Global Commission on the Geopolitics of the Energy Transformation, was the first foray … Continue reading

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SMA Solar’s market share falls from over 40% in 2010 to just 25% in 2012

SMA Solar’s market share, sales, margins and workforce fall in 2012 SMA Solar’s market share has plummeted from over 40% in 2010 to only 25% in 2012. An increasingly competitive marketplace continues to erode SMA Solar Technology’s once dominant position in the … Continue reading

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