Monday, July 13, 2020

Energy Usage News

DNV GL: Oil Demand, CO2 Emissions Probably Peaked in 2019

Illustration by freshidea / AdobeStock

Global oil demand and carbon dioxide emissions probably peaked in 2019 as the COVID-19 pandemic will have a lasting impact on both, energy consultancy DNV GL said on Wednesday.The Norway-based consultancy…

EU Lawmakers Set Energy Efficiency, Renewables Targets

© vencav / Adobe Stock

European Union lawmakers on Tuesday targeted energy savings of 32.5 percent and a renewable energy uplift of 32 percent by 2030, in a push to meet the bloc's pledge under the Paris climate accord…

Rolls-Royce Invests in Qinous

Photo: Rolls-Royce

Rolls-Royce is investing in Berlin-based start-up company Qinous GmbH, a global provider of energy storage and control systems, and adding turnkey microgrids to the portfolio.“As a strategic investor…

India Seeks Japan's Help to Build LNG Facilities

© FotoKieltyka.pl / Adobe Stock

India asked Japan on Tuesday to help build infrastructure needed to boost the usage of liquefied natural gas (LNG) in India and elsewhere in Asia, India's oil minister Dharmendra Pradhan said after…

SolarEdge Enhances PV Monitoring

SolarEdge Technologies, Inc. said it has launched advanced communications and management accessories to enhance module-level monitoring and improve O&M operations. In an effort to speed up installation…

Morgan Stanley Focuses on Smaller, Smarter Trades

Nancy King, global head of commodities trading at Morgan Stanley, has spent the last few years remodeling what used to be one of the most profitable units on Wall Street, by downsizing and focusing on smaller…

Hybrid Ferry uses Energy Storage System from Corvus Energy

The MV Copenhagen Photo Scandlines

Scandlines has named their newest hybrid ferry, the M/V Copenhagen. As part of Scandlines’ ambitious environmental strategy, the new hybrid ferry will join the world’s largest fleet of hybrid ferries…

MHI Thermal Systems Established

"Mitsubishi Heavy Industries Thermal Systems, Ltd.", the 100% subsidiary of Mitsubishi Heavy Industries, Ltd. (MHI) that has taken over MHI's air conditioning & refrigeration (AC & R) business , commenced on October 1.

Panama Canal: Bigger Ships, Bigger Paydays for Beans, Coal, Gas

Panama Canal Photo Panama Canal Authority

Bigger ships could mean bigger paydays for commodity producers when the expanded Panama Canal opens this weekend as they can utilise larger vessels more frequently to tap into fast growing Asia-Pacific consumer markets.

New Renewable Energy Retailer in Australian Market

Mojo founders CEO James Myatt

A new energy retailer is entering the Australian market and pioneering a groundbreaking business model. It will empower consumers to reduce their power usage and potentially use more renewable energy.

Northern Finland Leads in Wind Energy Usage

Wind Energy in Finland

Wind power in the northern regions of Finland is developing most rapidly than other parts of the c Scandinavia and the Kola Peninsula. According to data collected on a statistical portal Patchwork Barents…

RWE Eyes Bigger Role in Energy Saving Business

German utility RWE plans to sell more energy saving products, its head of strategy said, as it strives to offset some of the losses made by its power plants across Europe. European utilities are facing weak energy demand…