Germany Puts A Stop To Landmark Renewables Levy On Consumer Power Prices Updated On Tue, Jul 5th, 2022 by Saurenergy Starting 1 July 2022, people will not have to pay from their own pockets directly via power bills for renewable energy generation in Germany, but from a state fund. This levy, that often accounted for one fifth of the consumer power price and 3.7 cents per kilowatt-hour, was paid for by households and businesses through […] Read more
Nuclear Power Can Catalyse Transition To Energy Systems Dominated By Renewables, Says IEA Updated On Tue, Jul 5th, 2022 by Saurenergy As per a report by IEA, nuclear power has the potential to enable countries to move towards energy systems that are dominated by renewables. The report states that countries that are accelerating their nuclear power or continuing its use stand to benefit as it nuclear power reduces dependence on imported fossil fuels, reduce carbon dioxide […] Read more
NLC issues tender for 100 MW ISTS-connected solar projects Updated On Wed, May 11th, 2022 by Saurenergy Chennai-based thermal energy giant NLC India has issued a tender to set up 100 MW ISTS (Inter State Transmission System) connected solar power project on pan India basis with Operation & Maintenance (O&M) for 3 years. NLC India Limited is a government-owned-fossil fuel miner and thermal power generator under the ownership of Ministry of Coal, […] Read more
Neoen sees bigger appetite for RE as Europe shuns Russian power Updated On Wed, Mar 16th, 2022 by Saurenergy French renewable power producer Neoen should benefit from more demand for green energy in Finland, Italy and France as Europe looks to become independent from Russian gas, the company’s chief executive said on Monday. The European Union has announced plans to expand its clean energy capacities as it looks to cut dependency on Russian gas […] Read more
Focusing Only on Renewables a ‘Fatal Mistake’: Saudi Energy Minister Updated On Mon, Feb 21st, 2022 by Saurenergy The Saudi energy minister said on Sunday that focusing only on renewable power sources was a mistake and that the world may not be able to produce all the energy needed for economic recovery from the coronavirus pandemic. “The pandemic and the recovery underway have taught us the value of caution,” said Prince Abdulaziz bin […] Read more
EU Works for Timely Realisation of 300MW Offshore Wind Target Updated On Thu, Feb 17th, 2022 by Saurenergy In a report adopted by the European Parliament, the Members of European Parliament (MEPs) have charted out a roadmap on faster deployment of offshore wind in the continent to timely arrest global warming and climate change. This is in line with the ‘EU Offshore Renewable Energy Strategy’ that sets out the goals of reaching 60 […] Read more
Global Electricity Demand Growing Faster than Renewables: IEA Report Updated On Fri, Jul 23rd, 2021 by Saurenergy Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, says a new report from the International Energy Agency. After falling […] Read more
Majority of New Renewables Beat Cheapest Fossil Fuel on Cost: IRENA Updated On Wed, Jun 23rd, 2021 by Saurenergy The share of renewable energy that achieved lower costs than the most competitive fossil fuel option doubled in 2020, a new report by the International Renewable Energy Agency (IRENA) shows. 162 gigawatts (GW) or 62 per cent of total renewable power generation added last year had lower costs than the cheapest new fossil fuel option. […] Read more
The Place of Renewables in India’s Future Power Grid Updated On Fri, Jun 18th, 2021 by Saurenergy Indian power sector, one of the largest in the world, comprises one synchronised national grid that serves the entire nation. In the last decade, the transmission system has expanded from 2.4 L circuit kilometres in 2011 to 4.4 L circuit kilometres in 2021, with inter-regional transfer capacity growing to 105 GW. A recent energy event […] Read more