Latest News

Japan's Extreme Dependence on LNG

Over 90% of Japan’s basic energy needs are supplied by the Middle East, with LNG accounting for almost 24% of the total energy package, according to government data.

The dependance escalated when Japan’s Fukushima nuclear plant was hit in an earthquake and tsunami in 2011. Other Japanese reactors were soon shut down.

Japan was the largest importer of LNG in the world, approximately 22% of the total market, until 2021, the U.S. Energy Information Administration reported. LNG is basically applied to generating electricity; furthermore, it has uses in houses for heating and cooking.  

Since Russia supplies less than 10% of Japan’s LNG, the country can find other sources.

Recently, Asia LNG spot prices rose to a record, over $59 per million British thermal units (MMBtu) against less than $3 per MMBtu prior to the pandemic era.

With more leeway in its crude supply, according to Japan’s top refiners, the country can find substitute sources in the world’s spot market as Russian crude is dropped following the invasion. Russia supplies less than 4% of the country’s overall energy imports.

Higher LNG prices have affected households’ electricity bills in Japan, intensifying inflationary pressures.

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By Saha on March 10, 2022

World Energy Powers Meet Soon As Oil Prices Rise

Energy leaders of the world plan to meet this week at the yearly CERA Week conference in Houston, Texas amidst rising oil and gas prices.

Oil prices have soared to over US$110 per barrel, the highest in a decade. Gas prices hit record highs too, aggravating the economic situation.

Daniel Yergin, energy expert and vice chairman of IHS Markit, said the conference is taking place amidst political unrest and unstable energy markets.

Sanctions from the U.S. and other countries have blocked Russian crude oil from most world markets. That’s driven up prices for oil from other sources.

Bank of America’s estimate reveals that with the loss of each million barrels of Brent in the market, the price might increase by $20 a barrel.

Demand for goods and oil keeps increasing; however, lower supplies mean customers must cope with rising oil prices.

In an interview with CNBC, John Kilduff, the Founding Partner of Again Capital said he expected pipeline oil in Russia will keep going to China, which is against sanctions. Rising oil and gas prices, he said, should discourage demand for petroleum and stimulate the growth of renewable energy.

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By Saha on March 6, 2022

India, Germany Sign MOU to Develop Offshore Wind Industry in India

German energy company and the Indian electric utility company Tata Power collaborate to work on offshore wind projects in India. The two companies inked an MOU to implement plans in this regard.  

India’s wind resources will be helpful to meet rising energy demand in the country, said Sven Utermöhlen, COO Offshore Wind and Member of the Board of RWE Renewables. He added we expect India’s offshore wind business will grow speedingly if there are clear-cut rules and a successful tender plan.  

The southeast Asian nation holds about 7,600 kilometers of coastline. India’s onshore wind industry is well-rounded but its offshore wind energy business is not operational. The government officials wish to have 30 gigawatts of offshore wind installations operating by 2030.

Comprehensive technological surveys to install offshore wind facilities in the coastal states of Tamil Nadu and Gujarat is ongoing, according to RWE and Tata Power firms. 

The companies will evaluate technical and commercial sites to expedite installations. The country’s supply chain for offshore wind energy and key infrastructure will also be evaluated.

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By Saha on February 22, 2022

Britain to Use Water from Coal Mines to Generate Heat

Coal industry, once preparing the fuel for Britain’s steam engines many years ago, has seen a slump as coal mines have decreased. In June 2021, British authorities said the use of coal in generating electricity will come to an end as of October 2024, earlier than the targeted date.

In Scotland, work is ongoing to use the overflowed water in old and deserted mines to supply houses with decarbonized heating. Glasgow Geoenergy Observatory is the location to carry out research in this regard.

Glasgow and Rutherglen, a town southeast of Glasgow, have both been a source of coal mines in Scotland. Once they were closed down, floods of water overflew them.

In South Tyneside Council, in the northeast of England, work is underway to reuse part of abundant mines. The council said Hebburn Minewater Project, worth £7.7 million, will provide buildings with heat, taking advantage of water floods in the deserted mines. Two boreholes will be drilled, and a water heat pump will draw the heat to be compressed to a higher temperature. It will then be channeled into an energy center and distributed via a piping system.  

The project, also undertaken by Durham University and the Coal Authority, is supposed to finish in June 2023.

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By Saha on February 14, 2022

Cemex’s First Step to Go Carbon-free by 2050

Cemex, the Mexican multinational building materials company, reported its initial step to fully apply solar power.

Working together with Synhelion, the Swiss solar company, it has tried to generate clinker, which is a combination of limestone and clay used for making cement, Cemex stated. It has moved to generate clinker as a part of its effort to turn carbon-free by 2050.

Fernando Gonzalez, CEO of Cemex, said we are building up a sustainable future.

The preliminary test to build clinker with solar energy has not been considered by scientists since early 2000s, according to Cemex and Synhelion.

The initiative is hoped to be used in industries. Cemex, also, has been checking other materials such as burned shale oil or glass furnace slag.

Having been under pressure by watchdogs and investors for cutting down on CO2 emissions during recent years, Cemex has come up with this idea. Cement accounts for approximately 8% of CO2 emissions in the world.

The two companies have, nonetheless, announced they are struggling with factors including inadequate technology, restraining code enforcement, along with challenges to keep expenses down. In 2021, Cemex officials said the company would be environment-friendly through use of renewable energy sources and makeshift fuels.

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By Saha on February 3, 2022

India's Battery Scheme and Reliance, Ola Electric, Mahindra's Bid

India's Reliance Industries (RELI.NS), Softbank Group-backed (9984.T) Ola Electric, and automaker Mahindra & Mahindra (MAHM.NS) have delivered their tenders in accordance with the rules of India’s battery program (worth $2.4 billion).

In 2021, India motivated companies to capitalize in battery manufacturing, with a completion of an incentive plan. The goal is to set a local supply chain for green transportation as well as storing renewable energy.

In this respect, companies including Hyundai Global Motors, engineering conglomerate Larsen & Toubro (LART.NS), and battery makers Amara Raja (AMAR.NS) and Exide (EXID.NS) have, too, submitted their tenders, according to the Ministry of Heavy Industries. The investment plan is projected to expand local manufacturing along with growing direct investment of foreign countries in India, the ministry said.

India’s objective is to develop a huge battery storage capacity (a total of 50 gigawatt hours, Gwh) in five years, expectedly drawing direct investment worth $6 billion.

Companies are obliged to establish a minimum of 5 Gwh of storage capacity and conform to specific domestic content conditions to get qualified for the incentives. The ministry stated that ten companies have submitted tenders (overall nearly 130 Gwh). The country is also attracting great companies in the world, including Tesla Inc (TSLA.O), Samsung (005930.KS), LG Energy, Northvolt and Panasonic (6752.T), to invest in.  

To reduce pollution in main cities and minimize dependence on oil, India plans to clean automotive technology.

By 2030, the country intends to sell e-cars, e-motorcycles and e-scooters representing 30% of private car sales and 40% of such sales, respectively. In that wise, India will increase demand for batteries, now accounting for 35%-40% of overall vehicle costs.

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By Saha on January 17, 2022

Triton Knoll Poised for Operation

On Thursday, RWE said in a statement that Triton Knoll will provide some 800,000 homes with enough electrical power to serve per year. The project’s investment roughly reaches £2 billion. RWE’s share in the wind farm is 59%. Other stockholders include Kansai Electric Power (16%) and J-Power (25%).

RWE Power AG announced that the process of turbine commissioning in Triton Knoll Offshore Wind Farm is ready for operations. To be fully operational in the first quarter of 2022, the 857-megawatt farm stands at the England’s east coast.

Last March, Triton Knoll generated its initial power; its conclusive turbine was also laid in September. Situated in the North Sea, Triton Knoll bears large-scale facilities involving 1.2 gigawatt Hornsea One, with 174 turbines in waters off Yorkshire. Among the North Sea’s future projects are the Dogger Bank Wind Farm, with an overall capacity of 3.6 GW, planned to develop in 3 phases.

The European Union aims at 300 GW of offshore wind by the mid-century. The U.S. is still lagging behind the Europe. The initial offshore wind installations in America, a 30-megawatt Wind Farm, launched its commercial operations in 2016.

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By Saha on January 15, 2022

Morocco's Al Boraq to Use Clean Energy

Substitution of toxic non-renewable energy resources with solar and wind power is nothing new in the world. In American and Europe, measures have been taken to fight pollution through using renewable energy in various sectors. In Africa, Morocco, is among leading countries.

 

Al Boraq, Morocco's super-speed train, launches its work applying clean energy just a few days after the new year, according to the National Railways Office (ONCF).

 

ONCF transforms the country’s railway system through green power, supplied by a domestic operator. Advanced green enhancement helps the railway structure to replace 25% of their total electricity consumption with green energy, according to the statement by ONCF. The figure will hit 50% in the next year.

 

The measure will, in the near future, remove the entire toxic carbon emission; equal to decreasing 120,000 tons of CO2 a year or planting 4 million trees.

 

The clean policy, directed by HM King Mohammed VI, helps grow the amount of renewable energy in the country over 52% by the year 2030.  In this wise, Morocco will soon be among top countries in Africa to expand its renewable energy.

 

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By Saha on January 7, 2022

Solar Energy System_ Better Source of Electricity

Solar energy:

It is an essential source of renewable energy. Its technologies are broadly defined as either affected solar or intense solar, depending on how they capture and distribute solar energy or transform it into solar power. Active solar techniques combine photovoltaic systems, concentrated solar power, and solar water heating to harness the energy. Stable solar methods combine managing a building to the Sun, selecting elements with effective thermal mass or light-dispersing resources, and designing spaces that naturally circulate air. The significance of accessible solar energy makes it a highly-appealing source of electricity. It will advance countries' energy security to rely on a domestic, tireless, and mostly import-independent resource, improve sustainability, reduce pollution, lower the costs of mitigating global warming, and keep fossil fuel rates lower than otherwise. These benefits are comprehensive. Hence,  the extra costs of the incentives for early deployment should be considered as learning investments; they must be carefully spent and need to be extensively shared.

USES OF SOLAR ENERGY:

Solar Electricity

This is solar energy forms that have obtained a lot of momentum in recent years. As solar panel prices decrease and more people become aware of solar energy's economic and environmental advantages, solar electricity is becoming frequently accessible. A dispersed solar PV system is typically established on the rooftops of homes or businesses. These solar power systems generate electricity to balance the property owner's usage and send an excess generation to the electric grid. A solar battery can attach to your solar power system to empower you to use solar after the sun goes down, power an EV late, or present backup power during emergencies. Some homeowners may prefer to go completely off the terminal with a solar power and battery system or a solar power and generator system. Other uses for solar energy combine utility-scale solar PV farms to generate sufficient electricity to complete power cities. An even more effective solar technology is focused on solar power. A CSP solar farm uses glasses to reflect and focus the sun’s energy towards a tower or other receiver, generating heat that can power a turbine to generate electricity. Thermal energy may be saved before powering a dynamo, which makes it a more resilient source of electricity than solar PV.

Solar Water Heating

Uses of solar energy spread to water heating systems. Most solar water heating extracts create hot water that is absorbed inside the home. Solar water heaters use a rooftop cell to consume the sun’s heat and convey it to the water tank. Solar water heaters regularly have a five to ten-year payback, according to the U.S. Department of Energy (DOE). A various application of solar energy, particularly in the southern and southwestern U.S., is heating swimming pools. Water is circulated to a collector heated by sunlight and then elevated back into the pool.

Solar Heating

Typical uses of solar space heating operations include powering bright floors or pairing with a Forced Hot Air system to heat a home. Inactive solar home design can also heat homes and businesses in the winter by estimating the placement of windows and the choice of substances used in the building.

Solar Ventilation

Solar ventilation clarifications such as solar dormer fans can decrease your HVAC burden by helping to cool your home during the summertime. This may be the right choice if you cannot install a solar PV system that balances your home’s entire electricity use. One innovative product is the solar tube solar dormer fan. Commercial and industrial uses of solar process heat combine solar ventilation technologies to preheat a building’s air in cold environments, reducing energy costs.

Solar Lighting

Solar lights have become universal and can be observed everywhere, from home decoration and security to road signs and street lights. Certain solar lighting technologies for your home are economical and easily accessible from basic to high-end designs everywhere from your local appliance store. One innovative use of indoor solar illumination, highlighted on Mash able, is the Solatube skylight that attaches natural light while decreasing energy usage. Types of Solar Energy: 1.Photovoltaic solar technology 2.Solar thermal technology Advantages of Solar Energy: 1. Renewable Energy Source Among all the advantages of solar panels, the essential thing is that solar energy is a truly renewable energy source. It can be controlled in all areas of the world and is accessible every day. We cannot run out of solar energy without other sources of energy. Solar power will be available as long as we have the sun. Therefore, sunlight will be accessible to us for at least 5 billion years when, according to experts, the sun is going to die! 2. Reduces Electricity Bills Since you will be assembling some of your energy demands with the electricity your solar system has created, your energy bills will drop. How much you save on your bill will depend on the extent of the solar system and your electricity or heat method. Moreover, you will preserve on the electricity bill, but there is also a chance to receive payments for the excess energy that you transport back to the grid. 3. Diverse Applications Solar power can be used for various objects. You can create electricity or heat (solar thermal). Solar energy can be used to generate electricity in areas outside the energy grid, to purify water in regions with limited clean water supplies, and to power spacecraft in space. Solar energy can also be combined into the substances used for buildings. Not long ago, Sharp introduced direct solar energy windows. 4. Low Maintenance Costs Solar energy systems usually don’t expect a lot of subsistence. You only need to keep them almost clean, so cleaning them several times per year will do the job. If in doubt, you can always rely on specific purification companies. Aside from the inverter, the wires also need keeping to ensure your solar power system runs at maximum performance. So, after covering the original cost of the solar system, you can demand very little maintenance and restoration work. 5. Technology Development Technology in solar power manufacturing is continuously improving, and developments will increase in the future. Developments in quantum physics and nanotechnology can improve solar panels' effectiveness and double, or even triple, the electrical input of solar energy systems. The 5 Countries That Produce the Most Solar Energy:

Sr. Countries
1 Germany
2 China
3 Japan
4 Italy
5 The US

  Solar energy importers countries:

SR. Countries
1 Malaysia
2 Vietnam
3 South Korea
4 Thailand
5 Mexico

  Solar energy market value: The global solar energy market was valued at $52.5 billion in 2018 and is projected to reach $223.3 billion by 2026. Key Benefits for Solar Energy Market: This report requires a detailed study of solar energy market trends and outlook from 2018 to 2026, which helps identify the current market opportunities to benefit the global solar energy market and solar energy market size. In-depth coverage of the operators, restraints, and opportunities helps experts to understand the solar energy market behaviour better. This study notably combines solar power market share review in terms of technology, module, generation, and application beyond all geographies. A full survey of key leaders' policies, partnerships, and acquisitions in the market is provided. Porter's Five Forces review examines the competitive structure of the solar energy market and assists strategists in better decision-making. Pinpoint analysis of geographic segments helps to identify opportunities for growth within the solar energy market. Name: Samira H. Revised Date: 19-08-2020

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By Saha on October 19, 2021

Electricity Generation_ Production & Latest News

Electricity generation: Electricity generation is the method of producing electric power from sources of essential energy. For benefits in the electrical power industry, it is the stage before its transmission to end-users or storage. The quality of electricity is that it is not freely accessible in high amounts, so it must be "produced" (that is, converting other forms of energy to electricity). Production is moved out to power stations (also called "power plants"). Electricity is most usually produced at a power plant by Electro mechanical generators. It is fundamentally driven by heat engines fuelled by flaming or nuclear splitting and by other means such as the dynamic energy of flowing water and wind. Other energy sources incorporate solar photovoltaic and geothermal power. Process of generation: There are some major methods of electricity generation which are mention below: Generators: Electric generators convert dynamic energy into electricity. This is the commonly used form for generating electricity and is based on Faraday's law. It can be seen analytically by turning a magnet within closed loops of conducting substance. Almost all industrial electrical generation is done using electromagnetic induction, in which mechanical energy forces a generator to rotate... Electro chemistry: is the direct transmutation of chemical energy into electricity, as in a battery. Electro chemical electricity generation is essential in compact and mobile applications. Currently, maximum Electro chemical power gets from batteries. Primary cells, such as the usual zinc-carbon batteries, act as power sources directly, but secondary cells are used for storage systems rather than first-generation systems. Open Electro chemical processes, known as fuel cells, can be used to remove power from natural fuels or manufactured fuels. Osmotic power is a probability at areas where salt and freshwater merge. Photovoltaic effect: The photovoltaic effect is the transmutation of light into electrical energy, as in solar cells. Photovoltaic panels transform sunlight directly to DC electricity. Power inverters can then change that to AC electricity if needed. Although daylight is free and abundant, solar power electricity is usually more costly to generate than large-scale mechanically generated power due to the panels' cost. Low-efficiency silicon solar cells have reduced in price, and multi function cells with close to 30% conversion efficiency are now commercially accessible. Over 40% efficiency has been demonstrated in empirical systems. Generating appliances: Electric generator: A generator is a machine that transforms motive power (mechanical energy) into electrical power in an external circuit. Sources of mechanical energy combine steam turbines, gas turbines, water turbines, internal flaming engines, wind turbines, and even hand braces. Michael Faraday invented the first electromagnetic generator in 1831. Generators provide almost all of the power for electric power grids. An electric motor does the reverse conversion of electrical energy into mechanical energy, and motors and generators serve many communities. Many motors can be automatically driven to generate electricity and frequently make acceptable manual generators Turbines: Most of all commercial electrical power on Earth is produced with a turbine, turned out by the wind, water, steam, or burning gas. The turbine operates a generator, thus converting its mechanical energy into electrical energy by electromagnetic electricity. There are various methods of producing mechanical energy, including heat engines, the hydro, wind, and tidal power. Heat engines operate most electric generation. The oxidization of fossil fuels supplies most of the energy to these engines, with an essential fraction from nuclear fission and some from renewable origins. The advanced steam turbine (invented by Sir Charles Parsons in 1884) currently generates about 80% of the electric power in the world using a type of heat source. What are the 5 sources of electricity? The three main categories of energy for electricity generation are mention below 1.fossil fuels (coal, natural gas, and petroleum) 2.Nuclear power 3.Renewable energy Mostly electricity is generated with steam turbines using fossil fuels, nuclear, biomass, geothermal, and solar thermal energy. Billions of People Lack of Electricity: Billions of people around the world still lack electricity; millions more get poor and short supplies. For the unserved and undeserved, there can be essential connections for healthcare, food, cultivation, and business. Too usually, planners confront this power access gap by improving supply without attention to how customers use and pay for electricity. A lasting clarification is far more complicated than that. A new Strategies for Expanding Universal Entrance to Electricity Services for Development suggests an approach to closing the access gap driven by the idea that electrification necessity responds to user demand and helps improve lives We recommend three strategies for policymakers, executives, and electricity service providers: Understand electricity In most growing countries, electricity executives look to economic increase forecasts to project future electricity needs. Planners fail to take into record the very various levels of need amongst multiple users. A provincial household doesn’t need the same amount of electricity as a large agricultural processing facility. Bottom-up market forecasting can help service providers and planners recognise and meet consumers where they’re at. Rather than perform a one-size-fits-all approach, they can offer more targeted solutions. For example, in some rural communities where electricity demand is low, planners might analyse options such as solar home policies or small-scale mini-grids coupled with energy-efficient appliances, especially when these choices are cheaper than regular grid width. Link electricity access with development priorities The connection between electricity access and evolution is a two-way street. Development such as increased healthcare, education, and agriculture cannot be stimulated without access to electricity. Likewise, financially self-sustaining electricity access actions cannot be supported without successful improvement underpinning demand for electricity services. So it’s essential to relate the two goals rather than leave them in isolation. For example, the Rural Electrification Impact Program worked to recognise abundant activities – such as agro-industry, rural fertilization, and peccaries – and then carved out plans for electrification recommended them. Unhappily, most countries don’t face both goals concurrently. Top ten biggest Electric power companies in world:

Sr. companies
1 State Grid Corporation of China
2 Enel
3 EDF
4 TEPCO
5 KEPCO
6 Engie
7 Iberdrola
8 General Electric Co
9 Siemens
10 E.ON

  List of Top 10 countries by electricity production            :

Rank Countries Electricity production (GWH)
1 CHINA 5,883,000
2 UNITED STATE 3,902,000
3 INDIA 2,061,100
4 RUSSIA 1,110,800
5 JAPAN 1,051,600
6 CANADA 654,400
7 GERMANY 648,700
8 SOUTH KOREA 594,300
9 BRAZIL 588,000
10 FRANCE 574,200

  Top 10 electricity exporters’ countries:

Rank countries Electricity exports (GWH)
1 GERMANY            78,860
2 FRANCE            62,510
3 CANADA             58,400
4 SWITZERLAND            43,340
5 Paraguay            41,000
6 Czech Republic            28,000
7 SWEDEN             22,600
8 NETHERLANDS            19,340
9 AUSTRIA             19,310
10 CHINA             18,910

  Top 10 electricity Importers countries:

Rank countries Electricity Imports (Million KW H)
1 UNITED STATE 72,720
2 ITALY 43,180
3 BRAZIL 41,310
4 SWITZERLAND 34,100
5 GERMANY 28,340
6 AUSTRIA 26,370
7 NETHERLANDS 24,260
8 FINLAND 22,110
9 SPAIN 21,850
10 FRANCE 19,900

  Electricity prices in Top 5 countries:

Sr. Countries Price (KW H)
1 American Samoa 25.4 to 30
2 Argentina 0.4607 (subsidised)
3 Australia 0.95
4 Bahrain 0.79 to 4.23
5 Bangladesh 2.95 to 9.24

Market Overview:

"Electricity Generation Market" Research Report 2020-2025 is a traditional overview and in-depth study of the Electricity Generation industry's modern and future market. The report draws a basic overview of the Electricity Generation market share, opponent segment with a basic introduction of crucial vendors, top regions, product samples, and end industries. This statement gives a traditional overview of the Electricity Generation market trends, extension, revenue, capacity, cost structure, and critical driver's analysis. Name: Samira H. Revised Date: 22-08-2020  

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By Saha on October 19, 2021

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