EU approves RWE’s buyout of E.ON’s power generation assets

The acquisition is part of a complex asset swap deal between the two companies

Bas Lansdorp’s ‘crazy idea’ to produce solar panel parts on Mars

  The head of Mars One is aiming high with the hope of eventually producing parts of solar panels on the second smallest planet. Bas Lansdorp is the man behind the project that aims to establish a permanent habitable settlement on Mars, with the first mission set for 2032. He told ELN while the long […]

UK coal continues to drop off with 135-year low

Last month, coal power made its lowest contribution to the UK’s electricity grid in 135 years. That’s according to new data from Aurora Research, which suggests the carbon-intensive fuel contributed only 2% to the total energy mix during July. Meanwhile, gas-fired power made up 40% of Britain’s energy, with nuclear power accounting for 32% and […]

UK to see first coal-free day since Industrial Revolution

The UK is set to run a full day without coal since the start of the Industrial Revolution. According to National Grid, today is likely to be the first ever working day in Britain without coal. There have been periods with zero coal before but never for a full 24 hours. Yesterday, the UK went […]

Renewables could be cheapest way to meet African demand

Renewable energy could be a cost effective way to meet Africa’s soaring energy demands. That’s according to a new study from the US Department of Energy’s (DoE) Lawrence Berkeley National Laboratory (Berkeley Lab), which suggests African countries may have to triple their energy output by 2030 to keep the lights on. It says although hydropower […]

Big Six may change hedging strategies

Lower profits mean the Big Six are likely to change their long-term hedging strategies. According to data company ICIS, the decision could follow the announcement of recent results from some firms which showed reduced profits in power generation. That’s despite a sustained recovery in spark spreads in the last 12 months. Utilities couldn’t benefit from this because their […]

Inenco Y Report – 26th July 2016

Inenco brings you the weekly Y Report. A personal update of the world of energy.

US power sector coal demand ‘fell in nearly every state’

The use of thermal coal for electricity generation in the US power sector has fallen “in nearly every state” since 2007. That’s from 1,045 million short tons (MMst) in 2007 to an estimated 739MMst last year – a 29% fall, according to the Energy Information Administration (EIA). The largest fall was concentrated in the Midwest […]

Global water shortfall ‘to severely affect power generation’

A 40% shortfall of water across the globe by 2030 could severely affect power generation. That’s the prediction of the World Energy Council (WEC), which is calling for immediate action in order to secure resilient energy infrastructure. The energy industry is the second largest user of freshwater after agriculture, it states, with water used all […]

EY’s head of power and utilities at EL2013

The head of power and utilities at EY is joining the stellar line-up at the Energy Live 2013 conference this November. An expert in the field, Tony Ward is the man credited with coming up with the £200 billion investment figure needed for the UK to modernise its electricity network in its transition to a […]