Danish Companies Have an Ambitious Plan to Create Hydrogen for Fuel

A group of Danish companies are planning one of the world’s largest hydrogen and synthetic fuel production facilities. The project will use renewable energy to create low-carbon fuels for the country’s transport sector. Bringing down the costs of such fuels is vital to meeting climate targets. A group of Danish …

Vattenfall Gives Green Light to World’s Largest Offshore Wind Project

With its installed capacity of 1,500 MW, the Hollandse Kust Zuid offshore wind farm will be the largest of its kind worldwide, when fully operational in 2023. It will have a renewable electricity output equivalent to the annual consumption of over two million Dutch households. Vattenfall was awarded permits for …

Renewables Increasingly Beat Even Cheapest Coal Competitors on Cost

Renewable power is increasingly cheaper than any new electricity capacity based on fossil fuels, a new report by the International Renewable Energy Agency (IRENA) published yesterday finds. Renewable Power Generation Costs in 2019 shows that more than half of the renewable capacity added in 2019 achieved lower power costs than …

Siemens Gamesa Launches 14 MW Offshore Direct Drive Turbine with 222-Meter Rotor

The winds of change have never been stronger, especially when it comes to meeting the world’s needs for clean, renewable energy. Siemens Gamesa’s new SG 14-222 DD offshore Direct Drive wind turbine now sees the light of day as a part of the solution. With an unprecedented 14-megawatt (MW) capacity …

These Countries Are Leading the Transition to Sustainable Energy

The Energy Transition Index 2020 analyzes the energy sectors of 115 countries. Sweden tops the global rankings as the country most prepared to transition to clean energy. COVID-19 could threaten the rate at which economies adopt more sustainable power. Robust long-term policies are needed to guard against shocks such as …

Renewables Account for Almost Three Quarters of New Capacity in 2019

The renewable energy sector added 176 gigawatts (GW) of generating capacity globally in 2019, marginally lower than the (revised) 179 GW added in 2018. However, new renewable power accounted for 72 per cent of all power expansion last year, according to new data released by the International Renewable Energy Agency …

Oil Price Volatility Will Give a Boost to Renewables

Everyone loves low prices, but what the business community values most of all is predictability. The recent volatility in global oil markets — spearheaded by a fight to the death between Saudi Arabia and Russia — has sent the price of oil plunging to lows not seen in years. You …