Subscribe
Sign in
Subscribe
Sign in
GlobalData
GlobalData

Power

,

Complete privatization might reduce the additional financial burden on Indian DISCOMS post-COVID-19, says GlobalData

COVID-19 had impacted the revenues of the electricity distribution companies (DISCOMs) in India. Apart from the $265bn economic recovery stimulus package, the Indian Government announced $12.5bn bailout package to state distributions utilities to pay-off their dues to generators. It will be difficult for the government to support the loss making distribution utilities in the future […]
Read more

Amid the COVID-19, the partnership with Eneris, to relieve Leclanche off capital burden while guaranteeing production capacity, says GlobalData

The comprehensive Strategic partnership agreements signed between Leclanche and Eneris Group is likely to create a market-leading Joint Venture (JV). Amid the COVID-19, Leclanche had planned for a strategic reorganization. The partnership with Eneris Group will enable the Company to secure the funding and resources that are likely to help the Company achieve its goal […]
Read more

China’s development of 14 UHV projects to provide greater thrust to economic recovery path, says GlobalData

In order to tackle the economic impact caused by COVID-19, China decided to invest in new infrastructure projects to accelerate economic recovery. The country identified seven priority areas of which ultra-high voltage (UHV) transmission grids and electric vehicle (EV) charging stations provide an opportunity to investors in the power sector. The idea is to quickly […]
Read more

Utilities might continue dealing with economic and operational challenges post the COVID-19 pandemic, says GlobalData

Due to COVID-19, electric utilities are exposed to various risks such as financial market volatility and erosion of market capitalization, credit and liquidity concerns, increase in government intervention, increasing unemployment and decline in consumer spending, production curtailment because of demand constraints, and other restructuring activities. These factors are expected to negatively impact a utility’s financial […]
Read more

Despite COVID-19 pandemic, Ireland’s journey towards meeting 2030 targets will be supported by RESS’ allocation of clean energy, says GlobalData

Following the completion of the pre-qualification procurement process for its first renewable auction at the end of April, the Renewable Electricity Support Scheme (RESS) is likely to allocate 1TWh of clean energy from solar, onshore wind, offshore wind, and biomass. Successful bidders will receive a feed-in premium (FIP) on top of wholesale electricity prices for […]
Read more

Giant Abu Dhabi utility scheme provides hope to Gulf power and water sector, says GlobalData

Faced with contrasting demand trends for electricity and water following the COVID-19 outbreak – changing customer behavior and remote working are driving water demand higher, while temporary lockdowns curtail electricity demand – the near-term prospects for investment in new capacity are uncertain, says GlobalData, a leading data and analytics company.   Jennifer Aguinaldo, Energy & Technology […]
Read more

COVID-19 outbreak slows down residential energy efficiency industry in the US

Around 20 states stopped residential energy efficiency retrofitting at the end of April to low-income households. In these states, all residential energy efficiency work was suspended by utilities, states, service providers and small businesses as it was deemed non-essential unless an emergency. Somik Das, Power Analyst at GlobalData, comments: “Energy efficiency activities are treated as […]
Read more

Demand for electricity and natural gas fuel fall in Mexico amid COVID-19 pandemic

COVID-19 hurt electricity demand in most countries around the world and Mexico is no exception. The country’s lockdowns has curbed electricity demand for commercial and industrial segments resulting in a fall in demand for natural gas, says GlobalData, a leading data and analytics company.  Somik Das, Senior Power Analyst at GlobalData, comments: “Gas-based thermal power accounted […]
Read more

Vestas transformation plan will help it remain relevant with its competitors

Vestas transformation plan involving the layoff of around 400 employees across different functions that do not directly support its 2020 deliveries, will help the company remain relevant with its competitors and quickly adjust to disruptions caused by the COVID-19 pandemic, says GlobalData, a leading data and analytics company. Somik Das, Power Analyst at GlobalData, comments: […]
Read more
1 … 14 15 16 17 18 … 23