Power

Power

Renewable power capacity in Turkey to more than double by 2030, says GlobalData

Renewable power capacity* in Turkey is expected to increase from 19.07GW in 2020 to 49.31GW by 2030, growing at a remarkable compound annual growth rate (CAGR) of 10%, according to GlobalData, a leading data and analytics company. According to GlobalData’s report, ‘Turkey Power Market Outlook to 2030, Update 2021 – Market Trends, Regulations, and Competitive […]

Power

China to lead deployment of electric vehicles during 2021 to 2030 period

China continues to be the largest electric vehicles market in terms of fleet size and annual sales as of 2020. The country is expected to maintain its dominant position during the 2021–2030 period as well, deploying more than 50 million electric vehicles in the next ten years, says GlobalData, a leading data and analytics company. […]

Power

Hydrogen Forward is a Key Pillar of the Energy Transition, Powered by Decarbonization, says GlobalData

Hydrogen is gaining prominence as a critical component of the energy transition as significant policy support and government commitment to deep decarbonization are spurring investments in hydrogen. This momentum that has been built along the entire value chain is accelerating cost reduction in hydrogen production, transmission, distribution, retail, and end-applications, says GlobalData, a leading data […]

Power

Germany’s nuclear phase out expected to be complete by 2022 as country cuts capacity by over 60% last decade, says GlobalData

Between 2010 and 2020, installed nuclear capacity in Germany declined from 20.5GW to 8.1GW, according to GlobalData, which estimates the country will reach 4.1GW by the end of this year. The leading data and analytics company notes that this progression sets Germany on track to completely phase out nuclear by 2022. Rohit Ravetkar, Power Analyst […]

Power

Increasing investment in wind power to lead UK’s transition from thermal power to renewables, says GlobalData

Renewable power capacity in the UK is expected to increase from 46.7 GW in 2020 to 110.5 GW by 2030, growing at an impressive compound annual growth rate (CAGR) of 9%. One of the prominent drivers for the renewable segment in the country is the growth of wind power, says GlobalData, a leading data and […]

Power

Taiwan on track to replace nuclear energy with solar and wind by 2025, but country still heavily reliant on thermal power, says GlobalData

Taiwan’s nuclear power installed capacity decreased from 4.9GW to 3.8GW, at a compound annual growth rate (CAGR) of -1.2%, according to leading data and analytics company GlobalData. If this trend continues, the country is set to meet the government’s target of zero capacity by 2025. Taiwan intends to fill the gap created by the retirement […]

Power

Power consumption in Ukraine expected to decline by more than 29.6TWh in the next decade, says GlobalData

The annual power generation in Ukraine is estimated to fall by more than 22.8TWh in the next decade due to a combination of macroeconomic factors such as political instability and lack of a coherent national energy policy combined with slowdown in commercial and industrial sectors due to declining population, says GlobalData, a leading data and […]

Power

Thermal power to dominate Indonesia energy mix over next decade, reveals GlobalData

Major global economies are moving away from coal to curb carbon emissions. This has landed Indonesia in a tight spot as thermal power capacity is expected to maintain its dominance in the country during 2021-2030, according to GlobalData, a leading data and analytics company. GlobalData’s latest report, ‘Indonesia Power Market Outlook to 2030, Update 2021 […]

Power

Nuclear power will remain dominant source of power generation in Bulgaria to 2030, says GlobalData

Electricity demand in Bulgaria stood at 30.9 TWh in 2020, more than half of which is fulfilled by nuclear power generation. Nuclear power will remain the dominant source for power generation in the country until 2030 accounting for 14.1 TWh, despite the government’s plans to replace it with renewable power capacity, says GlobalData, a leading […]

Power

Solar PV installations to grow by over fourfold in Australia by 2030, says GlobalData

The solar photovoltaic (PV) capacity in Australia, which stood at 17.99 GW in 2020, is estimated to reach 80.22 GW in 2030. The solar PV accounted for 21.7% of Australia’s total power capacity in 2020 and it is estimated to reach 47.56% in 2030, according to GlobalData, a leading data and analytics company. GlobalData’s report […]

Business Fundamentals, Power

Skadden, Arps, Slate, Meagher & Flom and Watson Farley & Williams top M&A legal advisers by value and volume in power sector for Q1 2021, finds GlobalData

Skadden, Arps, Slate, Meagher & Flom and Watson Farley & Williams were the top mergers and acquisitions (M&A) legal advisers in the power sector for Q1 2021 by value and volume, respectively. Skadden, Arps, Slate, Meagher & Flom advised on eight deals worth US$19.1bn, which was the highest value among all the advisers. Meanwhile, Watson […]

Business Fundamentals, Power

Citi and Barclays top M&A financial advisers by value and volume in power sector for Q1 2021, finds GlobalData

Citi and Barclays were the top mergers and acquisitions (M&A) financial advisers in the power sector for Q1 2021 by value and volume, respectively. Citi advised on three deals worth US$10bn, which was the highest value among all the advisers. Meanwhile, Barclays led in volume terms having advised on six deals worth US$8.1bn. A total […]

Power

New climate targets for the current decade require focus on renewable power and electrification, says GlobalData

As the US sets a new target to halve emissions by 2030 and holds a summit to promote similar climate targets; Will Scargill, Managing Energy Analyst at GlobalData, a leading data and analytics company, offers his view on how such targets can be achieved: “Achieving major reductions in carbon emissions in this decade requires rapid […]

Power

Philippines power capacity expected to grow more than twofold by 2030, says GlobalData

The annual power consumption in the Philippines is expected to grow at a compound annual growth rate (CAGR) of 5.8% from 82.5TWh in 2020 to 145.1TWh by 2030. To fulfill its growing power demand, the Philippines government plans to increase its total installed power capacity from 27.6GW in 2020 to 58.4GW in 2030. With no […]

Power

Poland set to surpass 2030 solar PV installation target, says GlobalData

Solar photovoltaic (PV) accounted for 8.1% of Poland’s total power capacity in 2020 and this is estimated to reach 21% in 2030. GlobalData, a leading data and analytics company, estimates that Poland will have renewable power capacity of around 33.7 GW by 2030, of which 14.5 GW capacity will be solar photovoltaic (PV). Poland’s current […]

Power

Coal to lead Vietnam power generation over next decade, says GlobalData

During the period 2020–2030, the renewable power generation in Vietnam is expected to increase its share from 5.1% of the total generation to 17.4%. Despite this, it is estimated that coal power generation will reach 177.7TWh by 2030 contributing almost 39% of the total power generation in the country maintaining its current dominance, according to […]

Power

Peruvian Government turns to renewable power as it seeks to reduce GHG emission, says GlobalData

The Peruvian Government is planning to push renewable power growth, especially onshore wind power, as it seeks to reduce its dependence on hydropower and decrease its GHG emission. GlobalData, a leading data and analytics company, expects Peru to reach a total renewable capacity of 3.91 GW by 2030, of which onshore wind power will account […]

Power

EVs finally beginning to fulfil prophecies in 2020 as sales grew 40.9% YOY, says GlobalData

Despite the COVID-19 pandemic causing a decline in the global auto industry, sales of electric vehicles (EVs) grew 40.9% year-on-year (YOY) and accounted for 4% of car sales in 2020, according to GlobalData, a leading data and analytics company. GlobalData’s latest theme report, ‘Electric Vehicle – Thematic Research’, reveals that globally, EV sales surpassed 3.1 […]

Power

India on course to achieve only 65-69% of its 2022 renewable target, says GlobalData

India made giant strides to become one of the largest renewable markets in the world after setting up an ambitious 175 GW renewable target by 2022. India is the fifth largest renewable market with an installed capacity of 94.5 GW (including both on-grid and off-grid) at the end of February 2021 and needs another 80.5 […]

Power

Poland’s solar PV capacity grows threefold on back of ‘My Electricity’ program, says GlobalData

With coal costs rising and the rest of Europe working towards carbon neutrality, the pressure is on for the Polish Government to take measures to promote renewable energy. According to leading data and analytics company GlobalData, Poland’s incentive measures – such as the ‘My Electricity’ program – have already triggered massive improvement and are setting […]

Prev 1 … 7 8 9 10 11 … 23 Next

Renewable power capacity in Turkey to more than double by 2030, says GlobalData

China to lead deployment of electric vehicles during 2021 to 2030 period

Hydrogen Forward is a Key Pillar of the Energy Transition, Powered by Decarbonization, says GlobalData

Germany’s nuclear phase out expected to be complete by 2022 as country cuts capacity by over 60% last decade, says GlobalData

Increasing investment in wind power to lead UK’s transition from thermal power to renewables, says GlobalData

Taiwan on track to replace nuclear energy with solar and wind by 2025, but country still heavily reliant on thermal power, says GlobalData

Power consumption in Ukraine expected to decline by more than 29.6TWh in the next decade, says GlobalData

Thermal power to dominate Indonesia energy mix over next decade, reveals GlobalData

Nuclear power will remain dominant source of power generation in Bulgaria to 2030, says GlobalData

Solar PV installations to grow by over fourfold in Australia by 2030, says GlobalData

Skadden, Arps, Slate, Meagher & Flom and Watson Farley & Williams top M&A legal advisers by value and volume in power sector for Q1 2021, finds GlobalData

Citi and Barclays top M&A financial advisers by value and volume in power sector for Q1 2021, finds GlobalData

New climate targets for the current decade require focus on renewable power and electrification, says GlobalData

Philippines power capacity expected to grow more than twofold by 2030, says GlobalData

Poland set to surpass 2030 solar PV installation target, says GlobalData

Coal to lead Vietnam power generation over next decade, says GlobalData

Peruvian Government turns to renewable power as it seeks to reduce GHG emission, says GlobalData

EVs finally beginning to fulfil prophecies in 2020 as sales grew 40.9% YOY, says GlobalData

India on course to achieve only 65-69% of its 2022 renewable target, says GlobalData

Poland’s solar PV capacity grows threefold on back of ‘My Electricity’ program, says GlobalData

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