Fossil fuels are facing an uncertain future. In response, Europe’s big oil companies including Shell, BP and Total are venturing into the production, distribution and sale of electricity to industrial, residential and transport markets, in direct competition with traditional multinational utilities such as Enel, Iberola and RWE. This diversification, though […]
Tag: wind power
Take a look at this new report into the issues including decommissioning and lif extension facing Europe’s wind sector, as the first wind farms reach the end of their operating life span.
Africa has always been a land of opportunity, promise and risk for investors; however, many of its economic dreams have been handicapped by the shortage of reliable and affordable energy supplies in many areas, whilst in its rural areas over 600 million people have no access to power supplies. In addition, […]
Nicholas Newman Eniday June 2017 The only country in North Africa without commercial scale reserves of oil or gas is Morocco, which depends on imports of variable priced (but usually expensive) fossil fuels to satisfy domestic demand. Currently, annual electricity and fuel imports costing $3 billion supply 96 percent of Morocco’s […]
Latin America already leads the world in clean energy. For almost seven months in 2016, Costa Rica was powered entirely by renewable power, and Uruguay came close to achieving that goal. In 2014, according to the International Energy Agency, Latin America produced 53 percent of its electricity from renewable sources […]