Investments Worth $810 Billion Expected in the Offshore Wind Sector This Decade Updated On Mon, May 3rd, 2021 by Saurenergy The combined capital and operational expenditure in the offshore wind sector for the decade is set to add up to a massive USD 810 billion A new report by Rystad Energy has predicted that the offshore wind industry’s global installed capacity will exceed 250 gigawatts (GW) by 2030, driven by a surge in coming projects. […] Read more
Electric Vehicles Market Share to Exceed 50% From 2033: Rystad Updated On Mon, Apr 5th, 2021 by Saurenergy The share of electric vehicles in global passenger car sales is set to quadruple in 2026 from 4.6% last year and exceed 50% from 2033 onwards. The market penetration of electric vehicles (EVs) is increasing rapidly as a result of the accelerating energy transition, and demand for batteries is expected to skyrocket going forward for […] Read more
Coal Could Boom in India if Renewables Can’t Keep up With Growth: Rystad Updated On Fri, Feb 19th, 2021 by Saurenergy A report by Rystad expects Coal in India to come back with a vengeance, growing by 43 percent to 1,523 TWh in 2037. Power generation from coal in India fell to a five-year low of “just” 1,064 terawatt-hours (TWh) in 2020 due to the COVID-19 induced slowdown. This was only a dip, however, as coal […] Read more
Asia to Remain ‘Mother of Batteries’, Producing 1 TWh pa by 2025: Rystad Updated On Thu, Dec 24th, 2020 by Saurenergy In its monthly energy transition report, Rystad Energy has found that Asia, is, and will remain the mother of batteries over the coming decade. The report details that the world’s current total battery cell production capacity is about to exit 2020 at around 617 gigawatt-hours (GWh) per year. Most of this capacity, 516 GWh, comes […] Read more
APAC’s RE Capacity to Grow to 815 GW in 2025, led by Solar: Report Updated On Mon, Oct 26th, 2020 by Saurenergy The installed capacity of RE in the Asia-Pacific region is set for a major boost in the next five years, reaching 815 GW in 2025 from 517 GW this year The installed capacity of renewable energy (RE) in the Asia-Pacific (APAC) region is set for a major boost in the next five years, to 815 […] Read more
Offshore Wind Capex in Europe to Surpass Upstream Oil and Gas by 2022: Rystad Updated On Tue, Jun 9th, 2020 by Saurenergy A new analysis has predicted that the capex on offshore wind will match upstream Oil and Gas spending in Europe in 2021, and surpass it in 2022 The oil market collapse caused by the COVID-19 pandemic is set to delay several oil and gas developments in Western Europe, putting capital expenditure in the offshore sector […] Read more
Floating Solar to Expand 100-Fold in Southeast Asia: Report Updated On Mon, Sep 9th, 2019 by Saurenergy Floating PV panels are making a splash in Southeast Asia, and a new study expects floating solar developments, to increase 100-fold in the next 5-15 years Floating PV panels are making a splash in Southeast Asia, where gigawatts (GW) worth of utility-scale solar power are planned in the coming years. Development plans are in the […] Read more
Tesla Causes Sales of Diesel Cars in Norway to Drop by 95% Updated On Tue, Aug 20th, 2019 by Saurenergy Sales of some diesel cars have witnessed a 95 percent drop over the past six years in Norway, according to new research analysis. A new analysis by Independent energy research firm, Rystad Energy has revealed that sales of certain diesel cars are in free-fall as Norway turns to Tesla and other makers of premium […] Read more
