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Power

Kenya’s renewable auctions mechanism to drive 10.5% CAGR growth of country’s renewable capacity between 2020 and 2030, says GlobalData

Kenya’s Renewable Energy Auctions Policy (REAP), launched in early 2021, is expected to significantly expand Kenya’s renewable power capacity over the next decade, with GlobalData forecasting growth from 1.4 GW in 2020 to 3.7 GW in 2030. The leading data and analytics company notes that this means a remarkable compound annual growth rate (CAGR) of […]
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Hydrogen mentions in company filings increase by 21% in 2021 amid cleaner energy transitions, says GlobalData

Discussions around the use of hydrogen for energy are rapidly growing, with mentions of the resource having already risen by 21% in company filings this year* compared to 2020, according to GlobalData, a leading data and analytics company. Rinaldo Pereira, Business Fundamentals Analyst at GlobalData, comments: “Companies consider hydrogen to be the next step in […]
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Thermal power to comprise 46.1% of Czech Republic energy mix by 2030 making the transition to renewable power and it’s GHG emissions targets difficult to achieve

The Czech Republic has ambitious plans to phase out coal and transition to more renewable power by 2030, however the country seems to have no clear roadmap to achieve this goal. Thermal power holds a significant share in the country’s current generation mix and is still expected to comprise 46.1% of total power generation by […]
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Thermal power to comprise 46.1% of Czech Republic energy mix by 2030 making the transition to renewable power and it’s GHG emissions targets difficult to achieve, says GlobalData

The Czech Republic has ambitious plans to phase out coal and transition to more renewable power by 2030, however the country seems to have no clear roadmap to achieve this goal. Thermal power holds a significant share in the country’s current generation mix and is still expected to comprise 46.1% of total power generation by […]
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Smart grid-enabled technologies are witnessing huge uptake as they help in increasing the power grid’s efficiency and reliability, says GlobalData

Smart grid-enabled technologies such as smart metering, demand response, and vehicle-to-grid (V2G) are witnessing huge uptake globally, according to GlobalData. The leading data and analytics company notes that this uptick in development is due to the technology offering several benefits such as greater transparency and control over power consumption, improvements in grid reliability, and reduced […]
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Replacement of coal-based power plants with gas-based to help continue thermal generation dominate in South Korea, says GlobalData

Despite renewable capacity growth, South Korea will continue to use thermal sources for majority of its power generation through 2030. The annual generation from thermal sources is expected to reach 397.77 TWh in 2030 from 362.04 TWh in 2020. Thermal power will account for 61.5% in South Korea’s annual power generation in 2030, whereas renewables […]
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