ABB’s Success Formula

Presenting a world-class company that achieves notable results in numerous areas can be a challenging task. One of those companies is ABB, which is paving the way for the future by introducing innumerable innovations in the power equipment, electric drive, industrial automation and robotics segments. That is just one part …

Asia Poised to Become Dominant Market for Wind Energy

Asia could grow its share of installed capacity for onshore wind from 230 Gigawatt (GW) in 2018 to over 2600 GW by 2050, a new report by the International Renewable Energy Agency (IRENA) finds. By that time, the region would become a global leader in wind, accounting for more than …

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German Onshore Wind ‘Collapse’ Jeopardises EU Renewable Energy Goals

The “collapse” in the growth of onshore wind energy in Germany is jeopardising both the nation’s and the EU’s renewable energy targets. The warning comes from trade body WindEurope, which says Germany installed only 134MW of new onshore wind capacity in the first three months of 2019 – its worst …

Integration of National Energy Markets Leads to Safer Future

SEEPEX represents an organised electricity market in the Republic of Serbia. In its complexity and applied concept, it is a unique market in the South East Europe (SEE) region, and it brings many benefits to both direct participants and the entire Serbian economy. The implemented trading platform EPEX SPOT (the …

Britain Blown Away by New Wind Energy Record

The strong winds in the UK helped set a new renewable energy generation record last week. According to official figures from National Grid, onshore and offshore wind farms hit a new high of 14.9GW between 6pm and 6.30pm on Wednesday. The previous record was set on 9th November, when wind …

Renewable Energy Could “Effectively Be Free” by 2030, Says UBS Analyst

A research analyst at Swiss investment bank UBS believes the cost of energy renewables could be so near to zero by 2030 “it will effectively be free,” according to a projections published on Monday. If renewables could soon be cheaper than all the alternative energy sources, and that this “is …

Egypt Set to Open Its First Solar Farm – and It’s the Largest in...

Egypt has long relied on environmentally taxing fossil fuels. Over 90% of electricity is generated from oil and natural gas, and the country subsidizes fossil fuels, making them a cheap option for its 96 million citizens. However, Egypt’s government plans to change courses and put itself on the clean energy …