India inks deal for lowest tariff solar energy project

An Indian state has signed an agreement for a solar power project, with a record low tariff. According to IFC, a member of the World Bank Group, which is the lead transaction advisor for the project, a tariff of 4.4 cents/kWh was offered through a bidding process. It states the 750MW project achieved the lowest […]

UN seeks partners to reduce COP23 environmental footprint

The UN is seeking to establish partnerships in a number of areas, including sustainability, for the COP23 climate conference. The climate change secretariat is inviting stakeholders, including the private sector, in support of the upcoming conference to be held in Bonn, Germany, from 6th to 17th November 2017. Thousands of government delegates and leaders from […]

Global gas turbine market forecast to fall

The global gas turbine market is forecast to fall by 2021. That would be from $8.49 billion (£6.6bn) in 2016 to around $7.73 billion (£6bn) in the next four years, according to research and consulting firm GlobalData. It states global economic recession and the decrease in the price of gas turbines have “heavily impacted” market […]

Welsh tidal energy project given green light

A tidal energy project west of Anglesey has been granted consent by Natural Resources Wales. Minesto aims to demonstrate the 0.5MW Deep Green device ahead of plans to install a 10MW array at the site. It will be located in the southern corner of Holyhead Deep, 6.5km off the coast of Anglesey. The first phase […]

Government must address heat ‘urgently’ – Energy UK

The UK Government must address decarbonising heat “urgently” as it has not yet been tackled effectively. That’s according to trade body Energy UK, which has set out the industry’s vision and provided recommendations that government should consider as a minimum necessary to set the country on track to deliver its fifth carbon budget. It identifies […]

UK election won’t impact green energy auction

The government yesterday confirmed the snap general election announced by Prime Minister Theresa May won’t affect the planned green energy auction. The Contracts for Difference (CfD), which is currently open for bids until Friday, is offering £290 million in contracts for delivery in 2021/22 and 2022/23. BEIS said: “As CfD statutory notices are now law […]

EU-Iran ink first ever nuclear safety co-operation project

The European Commission has signed the first ever project for co-operation on nuclear safety with Iran. The €2.5 million (£2m) project aims to enhance the capabilities of the Iranian Nuclear Regulatory Authority (INRA) by preparing a feasibility study for the Nuclear Safety Centre under the deal, known as the Joint Comprehensive Plan of Action (JCPOA). […]

Vietnam lent $102m for energy efficiency

Vietnam has been granted a loan worth $102 million (£80m) to boost the adoption of energy efficient technologies. Under the project, industrial firms can access a new line of credit to fund their purchase of energy saving and production optimisation technologies, helping reduce energy use and production costs. Funding will be provided to participating financial […]

TELCA deadline is looming! Get your entries in

It’s that time of the year, energy consultants and brokers: The Energy Live Consultancy Awards (#TELCA2017) deadline is near! The excitement is building here at ELN towers for the fifth edition of our prestigious awards, honouring the best of the best in the industry. There has been a flood of votes and entries for the […]

Industry reacts to general election announcement

The industry has reacted to Prime Minister Theresa May’s plans for a general election on 8th June. She believes an election is the only way to guarantee certainty and stability in the wake of Brexit. Downing Street had always denied there would be a vote before the next scheduled election in 2020, however Ms May […]