Energy market

Wave Energy Market to Garner $141.1 Mn, Globally, by 2027 at 17.8% CAGR, Allied Market Research

Retrieved on: 
Monday, February 8, 2021
Articles, Energy, Energy conversion, Sustainable technologies, Energy economics, Sustainable development, Wave power, Energy market, Energy development, Energy policy, Climate change mitigation, Wave farm

Increase in demand for electricity from the coastal communities and easy and abundant availability of wave energy sources drive the growth of the global wave energy market.

Key Points: 
  • Increase in demand for electricity from the coastal communities and easy and abundant availability of wave energy sources drive the growth of the global wave energy market.
  • By technology, the oscillating body converters segment held the largest share in 2019, accounting for more than half of the global wave energy market.
  • In addition, rise in investment and government initiatives toward the development of ocean wave energy technology is anticipated to drive the wave energy market growth in this region.
  • On the other hand, the global wave energy market across North America is expected to register a CAGR of 17.6% from 2020 to 2027.

Vinson & Elkins Attracts Nationally Recognized Renewable Energy Team

Retrieved on: 
Wednesday, February 3, 2021
Articles, Energy economics, Energy, Emissions reduction, Environmentalism, Bright green environmentalism, Renewable energy, Renewable energy technology, Technological change, Sustainable energy, Energy market

NEW YORK and LOS ANGELES, Feb. 3, 2021 /PRNewswire/ --Vinson & Elkins announced today it has expanded its market leading Renewable and Sustainable Energy and Tax practices with the addition of a nationally recognized renewable energy finance team that includes partners Sean Moran, Mike Joyce, Lauren Collins and Aaron Prince, counsel Josh Heideman and Trevor Shelton, and a number of talented associates.

Key Points: 
  • NEW YORK and LOS ANGELES, Feb. 3, 2021 /PRNewswire/ --Vinson & Elkins announced today it has expanded its market leading Renewable and Sustainable Energy and Tax practices with the addition of a nationally recognized renewable energy finance team that includes partners Sean Moran, Mike Joyce, Lauren Collins and Aaron Prince, counsel Josh Heideman and Trevor Shelton, and a number of talented associates.
  • "Capital is being deployed into the renewable energy and adjacent markets at a record pace, and there are significant challenges and opportunities our clients face," said Kaam Sahely, head of V&E's Renewable and Sustainable Energy and Infrastructure practices.
  • "The addition of this team, with whom we have worked on multiple transactions, cements our position as a preeminent firm for sophisticated investors and participants in the renewable energy markets."
  • His clients include some of the largest investors in the renewable energy market, collectively investing billions of dollars in renewable energy generation.

S&P Global Market Intelligence Launches Renewable Energy Credit Pricing Forecasts

Retrieved on: 
Monday, February 1, 2021
Energy, Articles, Energy economics, Renewable energy, Renewable energy policy, Renewable Energy Certificate System, Renewable energy in the European Union, Renewable energy credit, Energy market, Energy industry, Renewable Energy Certificate

NEW YORK, Feb. 1, 2021 /PRNewswire/ --S&P Global Market Intelligence today introduces its Renewable Energy Credit (REC) Price Forecast dataset as part of its Power Forecast series.

Key Points: 
  • NEW YORK, Feb. 1, 2021 /PRNewswire/ --S&P Global Market Intelligence today introduces its Renewable Energy Credit (REC) Price Forecast dataset as part of its Power Forecast series.
  • S&P Global Market Intelligence's new REC price forecast will provide insight into new revenue streams for energy facilities that are looking to be compensated for the value of their renewable energy.
  • "As global energy markets continue to shift their reliance on fossil fuels to alternative sources, organizations may look to RECs to help comply with increasing green energy mandates," said Steve Piper, Research Director for Energy at S&P Global Market Intelligence.
  • This newly introduced S&P Global Market Intelligence forecast complements the Market Intelligence platform's current REC index prices providing information on unbundled RECs, and the current price of these instruments.

e-Zinc raises $2.3 million from BDC Capital to accelerate commercialization of its breakthrough energy storage technology

Retrieved on: 
Monday, January 18, 2021
Articles, Energy, Chemistry, Energy economics, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change, Zinc, Energy market

e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal.

Key Points: 
  • e-Zinc has developed a breakthrough technology for grid-scale energy storage that stores energy in physically-free zinc metal.
  • This low-cost, flexible, and long-duration energy storage solution will enable the world's energy markets to be fully powered by renewable energy.
  • "BDC's investment and team will help accelerate the commercialization of our energy storage solution, allowing us to successfully deploy our company's first pilot projects."
  • "We are excited to support e-Zinc a winner of Breakthrough Energy Solutions Canada to commercialize its novel technology for cost-effective, long-duration energy storage and help decarbonize the world's energy markets" said Jrme Nycz, Executive Vice President, BDC Capital.

Timken Launches More Than $75 Million of Investments in Wind and Solar Energy Markets

Retrieved on: 
Tuesday, December 8, 2020
Articles, Energy, Energy policy, Bright green environmentalism, Low-carbon economy, Renewable energy, Renewable energy technology, Technological change, Energy development, Energy market, Wind turbine, Timken Company

"This has been a breakout year for us in renewable energy markets," said Richard G. Kyle, Timken president and chief executive officer.

Key Points: 
  • "This has been a breakout year for us in renewable energy markets," said Richard G. Kyle, Timken president and chief executive officer.
  • This latest round of investments represents our confidence in the future growth of our wind and solar business as the world continues to transition to renewable energy sources."
  • Timken will use the announced $75 million investment to:
    Expand its state-of-the-art and LEED-certified manufacturing facility in Xiangtan, China, where it makes engineered bearings for wind turbines.
  • "By continuing to invest and advance our technology, Timken will help the renewable energy industry improve efficiency, reduce cost and promote the growth of solar and wind energy sources."

United States Renewable Energy Market Report 2020: Growth, Trends, and Forecast to 2025 - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 17, 2020
Other Energy, Energy, Energy, Articles, Energy policy, Energy economics, Renewable energy, Energy development, Variable renewable energy, Energy market, Renewable resource, Renewable energy transition, Mandatory renewable energy target

The "United States Renewable Energy Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "United States Renewable Energy Market - Growth, Trends, and Forecast (2020-2025)" report has been added to ResearchAndMarkets.com's offering.
  • The renewable energy market in the United States is expected to grow at a CAGR of more than 6% during the forecast period of 2020-2025.
  • The declining costs of renewable technologies are becoming competitive with fossil fuel sources, and additional subsidies on renewables are driving the renewable energy market further.
  • On the other hand, factors like a booming natural gas market that is competing with renewable energy and the limited energy supply from variable renewable energy sources are few restraining factors for the United States renewable energy market.

Starion Energy sponsors Fall 2020 and Spring 2021 Energy Market Conferences and donates renewable energy certificates (RECs), making the conference clean and 100% emission free

Retrieved on: 
Thursday, November 12, 2020
Energy, Articles, Renewable energy, Energy policy, Energy economics, Sustainable Development Goal 13, Emissions reduction, Renewable electricity, Renewable Energy Certificate, Energy certificate, Energy market, Energy development

Working with a donation from event sponsor, Starion Energy Inc., the Energy Market Conferences entire estimated electrical usage will now be offset via Renewable Energy Certificates (RECs) to make both conferences totally carbon neutral.

Key Points: 
  • Working with a donation from event sponsor, Starion Energy Inc., the Energy Market Conferences entire estimated electrical usage will now be offset via Renewable Energy Certificates (RECs) to make both conferences totally carbon neutral.
  • Renewable Energy Certificates (RECs), also known as green energy certificates or tradable renewable certificates are proof that energy has been generated from renewable sources such as solar or wind power.
  • We believe that renewable energy sources are critical to energy independence in the U.S.A.," said Jack Doueck, Principal of Energy Marketing Conferences.
  • The mission of Energy Marketing Conferences LLCis to provide the competitive energy industry with exciting conferences in premium locations at extremely affordable prices.

Renewable Energy Market - Global Growth, Trends, and Forecast 2020-2025 - ResearchAndMarkets.com

Retrieved on: 
Thursday, November 12, 2020
Alternative energy, Energy, Articles, Energy, Energy economics, Energy policy, Bright green environmentalism, Renewable energy, Renewable energy technology, Sustainable Development Goal 13, Energy market, Renewable energy transition, Renewable energy in Australia

The "Renewable Energy Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Renewable Energy Market - Growth, Trends, and Forecast (2020 - 2025)" report has been added to ResearchAndMarkets.com's offering.
  • The growing investment indicates the growth in the renewable energy market across the globe.
  • However, power grid expansion, delay in renewable energy connection, and financing access to the projects are the major restraints that slowdowns the market to expand.
  • Asia-Pacific renewable energy market majorly consists of 18 countries, with 52% of the world's population, represent 88% of the people living in the region and account for nearly 39% of the global primary energy supply.

Wind Energy Market Projected to Exceed $160 Billion by 2026, Says Global Market Insights Inc.

Retrieved on: 
Tuesday, September 29, 2020
Renewable energy, Wind power, Energy market

SELBYVILLE, Del., Sept. 29, 2020 /PRNewswire/ --Based on Global Market Insights Inc.'s report, the global Wind Energy Market was estimated at $93 billion in 2019 and is slated to surpass $160 billion by 2026, registering a CAGR of 8.4% from 2020 to 2026.

Key Points: 
  • SELBYVILLE, Del., Sept. 29, 2020 /PRNewswire/ --Based on Global Market Insights Inc.'s report, the global Wind Energy Market was estimated at $93 billion in 2019 and is slated to surpass $160 billion by 2026, registering a CAGR of 8.4% from 2020 to 2026.
  • In addition, favorable regulatory policies for sustainable energy, a steady supply of wind and high CUF are some of the prominent factors augmenting the wind energy market growth across offshore locations.
  • Increasing investment in commercial infrastructure in compliance with rising efforts to develop green buildings will propel the wind energy market.
  • Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider.

MineralAnswers.com Launches Platform Making Oil and Gas Data Free

Retrieved on: 
Wednesday, September 2, 2020
Articles, Energy economics, Energy, Energy industry, Energy market

MineralAnswers.com is the first in the industry to make this nationwide energy data available for free .

Key Points: 
  • MineralAnswers.com is the first in the industry to make this nationwide energy data available for free .
  • "The size of the energy market and the platform capabilities create a potent combination that has tremendous potential for disruption."
  • Chambers has been in the oil and gas data industry since 2014 when he launched DrillingEdge.com, a company he bootstrapped to profitability.
  • The first step was to remove the price barrier by making the data free, which opens many doors that were once closed.