Entergy, RWE Partner to Assess Offshore Wind Prospects in Gulf of Mexico

Credit to Author: Sonal Patel| Date: Thu, 30 Mar 2023 19:09:11 +0000

U.S. utility Entergy and global power giant RWE are partnering to jointly assess the best means to develop an offshore wind market in the Gulf of Mexico. The two companies on March 30 unveiled a memorandum of understanding (MoU) under which they will analyze the Gulf of Mexico offshore wind market and define an optimal […]

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RWE to Take Over Vattenfall’s 1.4-GW ‘Hydrogen-Ready’ Dutch Gas-Fired Plant

Credit to Author: Sonal Patel| Date: Fri, 01 Jul 2022 04:10:00 +0000

German energy giant RWE will in September acquire Vattenfall’s 1.4-GW Magnum combined cycle gas-fired power station, a project in the Netherlands where work is underway to explore converting one of the three

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Steel, Steel, & More Steel: Big Plans For Floating Wind In Celtic Sea

Credit to Author: Tina Casey| Date: Thu, 30 Jun 2022 17:29:01 +0000

floating wind turbines tetraspar demonstrator WalesJust look at the size of this thing! New “TetraSpar” offshore floating wind demonstration project is good news for global steel industry.

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Cementing Coal Power Phaseout, Germany Sets Out to Shutter 40% of Current Generation Mix

Credit to Author: Sonal Patel| Date: Thu, 30 Jan 2020 14:19:43 +0000

The post Cementing Coal Power Phaseout, Germany Sets Out to Shutter 40% of Current Generation Mix appeared first on POWER Magazine.

Germany’s federal cabinet on Jan. 29 approved a nationwide phaseout of coal power generation by 2038, paving the way for the country, which has already initiated a nuclear phaseout, to rely even more heavily on renewables. The federal cabinet’s approval of the “Reduction and Termination of Coal Power Generation” (Gesetz zur Reduzierung und zur Beendigung der […]

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Report: Nearly 80% of EU Coal Units Operate at a Loss

Credit to Author: Darrell Proctor| Date: Thu, 24 Oct 2019 14:23:56 +0000

The post Report: Nearly 80% of EU Coal Units Operate at a Loss appeared first on POWER Magazine.

A new report from a group that studies the impact of climate change on financial markets recommends that European Union (EU) governments move to phase out coal-fired power generation completely by 2030 in order to avoid even-greater economic damage. Carbon Tracker, a London, UK-based group supported by foundations in Europe and the U.S., on Oct. 24 […]

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RWE Will Close Wales Plant, Leaving UK With Four Operating Coal Units

Credit to Author: Darrell Proctor| Date: Fri, 02 Aug 2019 16:32:34 +0000

German utility RWE on August 1 announced it will close its last coal-fired power plant in the UK. The closure of the Aberthaw B power station in south Wales, scheduled by the end of March 2020, means just four coal plants will be operating in the UK. The plant originally was scheduled to be shuttered […]

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Germany’s Coal Exit Bound to Be Complicated

Credit to Author: POWER| Date: Fri, 01 Mar 2019 00:00:00 +0000

Eight years after Germany decided it would halt nuclear power production by 2022, the country that relied on lignite and hard coal for 38% of its generated power in 2018 will phase out coal by 2038 or earlier

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THE BIG PICTURE: World’s Biggest Power Companies

Credit to Author: POWER| Date: Fri, 01 Feb 2019 05:00:41 +0000

In 2017, the 10 largest power companies, ranked by their installed generation capacity, owned 18% of total global installed capacity, while the next-largest 15 owned around 10%—meaning that the top 25 companies own nearly 30% of global installed power generation capacity, according to the International Energy Agency (IEA). Chinese companies account for more than one-eighth of global installed […]

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