Tag Archives: Market share

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

Posted on January 31, 2024 by Now.Solar

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

Posted on January 20, 2024 by Now.Solar

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

Posted on January 18, 2024 by Now.Solar

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

Posted on November 29, 2023 by Now.Solar

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

Posted on October 25, 2023 by Now.Solar

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 →

Posted in Climate Change, Greenhouse Gases, Industrial, Policy, Renewables, Solar, Solar Policy, Wind | Tagged , , , , , , , , , , , , , , , , , | Leave a comment

Oil Market Report

Posted on October 19, 2023 by Now.Solar

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

Posted on October 18, 2023 by Now.Solar

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 →

Posted in Bagasse, China, Cogeneration, Global Warming, Greenhouse Gases, Policy, Power Generation, Renewables, Solar Policy | Tagged , , , , , , , , , , , , , , , , , , , | Leave a comment

Oil Market Report

Posted on October 17, 2023 by Now.Solar

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

Posted on October 6, 2023 by Now.Solar

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

Posted on October 4, 2023 by Now.Solar

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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