Cost of EVs to rise as China dominates the market

A new study has found more than half the EVs made in 2026 will be coming from China – and as the price in lithium rises, so will the price of the cars

‘Netherlands to phase out coal by 2030’

A new report claims that Dutch coal will be history by the end of this decade, based on the new carbon price floor and reduction in thermal power generation

India to make up 35% of all new Asian midstream oil and gas projects by 2025

The country is set to have 118 new projects start, with the largest costing $1.4bn and spanning more than 2,700km in length

‘No oil and gas power station contracts in Middle East this year’

That is a stark difference from the last three years that have seen contracts awarded totalling £4.8bn per year

‘Taiwan to build around 15GW of new offshore wind capacity by end of 2035’

GlobalData predicts the country’s offshore wind market is ‘set to grow multifold’ as its energy sector transitions towards the national goal of achieving a more sustainable power mix

Offshore wind
Delays in offshore wind approvals ‘could see UK fall behind targets’

A recent study by GlobalData has predicted that wind project delays could prevent the UK achieving 40GW of offshore capacity by 2030

Smart grids ‘can enhance energy security during pandemic’

GlobalData expects smart grids to ensure continuous power supply to critical infrastructure, amid the Covid-19 crisis

Merger and acquisition deals shrink across the renewable sector amid Covid-19 crisis

The sector has noted a 25% drop in deals by the end of 2020’s first quarter, compared to the fourth quarter of 2019

UK solar sector ‘witnesses stalled growth due to Covid-19 crisis’

Projects are expected to fall short on timelines by at least a quarter, with a disrupted supply and pre-crisis policy changes exacerbating delays

Covid-19 pandemic ‘hurts fossil fuel sector’

That’s the result of a decrease in electricity demand due to production halts in major factories globally, according to a new report