Jobs and People

The U.S. Federal Energy Regulatory Commission has sent a letter to the Centers for Disease Control and Prevention requesting that specific members of the energy workforce receive the COVID-19 vaccine sooner, moving from Phase 1c to 1b. In the letter, signed by all FERC commissioners, the agency says, “Over the course of the last year,...
New Development

Colombia’s power generation project pipeline has surpassed 16 GW as investors capitalize on rebounding electricity demand and COVID-19 vaccine developments, according to BNamericas. Energy ministry planning unit UPME has 322 active projects in its registry with combined capacity of 16.02 GW, up from 15.86 GW at the start of December and 14.304 GW in October....
Business & Finance

After experiencing its biggest decline in decades, global electricity demand is expected to only show a modest rebound in 2021. The International Energy Agency (IEA) expects growth will be led by growth in China, India and other emerging economies. The historic shock of the COVID-19 crisis will result in a 2% decline in global electricity...
Business & Finance

Because of the ongoing impact of the COVID-19 (coronavirus) pandemic, POWERGEN International, DISTRIBUTECH International, and Clarion Energy’s Leadership Summit have been postponed to January 26-28, 2022 in Dallas. “It is with sincere regret that I share this difficult decision, but we have been putting the safety and well-being of our customers, attendees, staff and suppliers...
Government and Policy News

Brazil’s power regulator Agencia Nacional de Energia Eletrica (ANEEL) has reactivated the power tariff flags and set the red flag (level 2) for December, with a cost of BRL6.24 (US$1.19)/100 kWh, the agency said. The tariff flag system signals generation conditions and costs to power consumers. When production at hydro plants – whose energy is...
Finance

In a trend that is probably not unfamiliar to others generating electricity, the Tennessee Valley Authority reported that sales of electricity in fiscal year 2020 were about 5% lower compared to 2019, “due to overall milder weather and impacts of the COVID-19 pandemic.” TVA reported $10.2 billion in total operating revenues on more than 151...
Business

Renewable power capacity worldwide will increase to a record 200 GW this year forecasts the International Energy Agency’s Renewables 2020 report. The increase, representing almost 90% of the total expansion in overall power capacity globally, is led by wind, hydropower and solar PV. Wind and solar additions, in particular, will jump by 30% in both the USA...
Research and Development

“Renewables appear to be immune to Covid-19,” said Fatih Birol of the International Energy Agency this morning, as he revealed that clean energy had defied the pandemic downturn that has hit all other areas of the power sector. Speaking at a press conference for the launch of the IEA’s latest report into renewables, executive director...
Research and Development

Across Europe, renewable power was the largest source of electricity generation for the sixth quarter in a row, as the easing of lockdown restrictions sparked an upturn in demand. Those were the standout statistics in the latest quarterly report on the European power generation market from energy data analyst EnAppSys. The study showed that renewable...