CSP with thermal storage will bridge dispatchable energy gap according to GlobalData, a leading data and analytics company. The company’s latest report ‘Energy Storage – A Key Determinant for the Future of Concentrated Solar Power Market’ reveals that retirements of coal based plants and increase in influx of intermittent renewable power sources in order to […]
Research, Reports & Ratings
Bad news for renewable energy: Capacity addition becomes flat for the first time in 17 years
2018 was the first time since 2001 that growth in renewable power capacity failed to increase year on year. New Delhi: There is bad news for the global renewable energy sector. After nearly two decades of strong annual growth, renewables around the world added as much net capacity in 2018 as they did in 2017, […]
Renewable capacity growth worldwide stalled in 2018 after two decades of strong expansion
Unexpected break in the trend raises concerns about reaching long-term climate goals, according to IEA After nearly two decades of strong annual growth, renewables around the world added as much net capacity in 2018 as they did in 2017, an unexpected flattening of growth trends that raises concerns about meeting long-term climate goals. Last year […]
More growth, more people, but less energy demand; here’s why growth-energy story is set to change
According to the report, even though the population will continue to grow reaching ten billion by midcentury, the energy demand is likely to plateau around 2030. Energy demand and economic growth has always been positively correlated — faster the economic growth, higher the demand for energy. However, a change of pattern is visible with decoupling […]
SMART CITY STREET LIGHTING INNOVATION TO REALISE $15 BILLION IN ENERGY SAVINGS
Cost Savings to Enable Further Smart City Project Deployment Hampshire, UK: New data from Juniper Research has revealed that smart street lighting deployments will realise $15 billion in cumulative energy savings for cities to 2023. These will be achieved as a result of converting lamps to energy-efficient LEDs as well as the addition of connectivity to monitor and […]
Deep Electrification Powered by Renewables Key for a Climate-Safe Future
New report by IRENA charts pathways to further accelerate energy transformation which meets climate objectives while creating jobs and fostering economic growth Berlin, Germany: As the urgency to take bold climate action grows, new analysis by the International Renewable Energy Agency (IRENA) finds that scaling-up renewable energy combined with electrification could deliver more than three quarters of the energy-related […]
New proposed power dispatch norm will have mixed outcomes: India Ratings
MBED will help reduce cost of power purchase across discoms, enable flexibility in grids to facilitate renewables, and might also improve the payment track record of discoms New Delhi: The new draft regulation on Market Based Economic Dispatch (MBED) of power proposed by the regulator Central Electricity Regulatory Commission (CERC) will have mixed outcomes and […]
CARE ratings for Indian debt instruments-Apr 5 Part II
Below are the ratings awarded by Credit Analysis and Research Ltd. (CARE) for local debt instruments as of April 4, 2019.(Part II) COMPANY INSTRUMENT RATING AMOUNT MOVEMENT (RS.MLN) ------- ---------- ------ ------- --------- LONG TERM RATINGS: ------------------- Ecoair Cooling Systems Pvt Ltd LT Bk Fac CARE BB- 95 Assigned Ecstasy Realty Pvt Ltd NCD issue […]
Renewable energy capacity addition tumbles 49% during Apr-Feb period
Though tariffs for both, solar and wind power, fell to historic lows of Rs 2.44 per unit, the lack of clarity in policies for the renewable energy sector affected fresh capacity addition Renewable energy capacity addition tumbled 49 per cent during April-February period of FY 19 to 6000 Mw compared with 11,800 Mw added in […]
Navigant Research Report Shows Global New Capacity Deployments of Distributed Energy Resources Are Outpacing the Deployment of New Centralized Generation Capacity
Impact on incumbent utility revenue will become more pronounced as deployments of distributed generation, plug-in electric vehicles, and demand response gain more traction BOULDER, Colo.: A new report from Navigant Research provides capacity and revenue forecasts for 12 leading distributed energy resources (DER) technology markets globally. The global electric power industry is facing a transformation […]