Worldwide markets for battery energy storage systems (BESS) are expected to grow exponentially due to its grid, generation, and consumer-side applications – reaching more than 14 GW by 2020, up from about 1.5 GW in 2015, according to GlobalData analysis. The United States is leading the BESS market followed by Japan, Germany and China.
Falling natural gas and renewable energy prices have altered the fuel mix for power generation over the past ten years. The shift away from coal due to cheaper competing energy sources, not from regulation, yields economic benefits, argues Philip Rossetti, analyst at the American Action Forum.
Researchers at St Petersburg Polytechnic University and Delft University have jointly developed a new selective laser melting method (3D printing) to manufacture gas turbines elements. Blades, produced with a special crystallographic texture, anisotropy of microstructure can withstand highest temperatures.
The gas pipelines linking Norway with Europe’s biggest gas market in Germany, will soon be joined by a 1.4 GW power line funded by the European Investment Bank (EIB) to the tune of €350 million (£298m).
Reliance Power has signed a deal with Bangladesh Power Development Board (BPDB) for the first phase of a 750 MW, LNG-fuelled power project at Meghnaghat, near Dhaka in Bangladesh.
Activists have staged an animal-themed invasion of a public relations firm to protest against fracking in the UK.
Algeria's energy minister will seek more investment from European Union states and discuss the renewal of long-term gas supply contracts with EU members during talks this week in Brussels, according to the ministry.
Japan says it has begun preparations for a second production test to extract methane gas from methane hydrate deposits off the central coast of Japan.
U.S. energy-related carbon dioxide (CO2) emissions in 2016 totalled 5,170 million metric tons (MMmt), 1.7% below their 2015 levels, after dropping 2.7% between 2014 and 2015, according to the Energy Information Agency (EIA).
Only 5.5% of households switched to new electricity suppliers after Japan’s retail power market was liberalized in April 2016, industry data shows, leaving the big utilities relatively unscathed.
Larsen & Toubro commissioned two gas turbines at separate power plants in Bangladesh at the end of March.