The government of the United Kingdom has issued amendments to the Contracts for Difference (CfD) scheme for the fourth Allocation Round (AR4) planned for late 2021, as a result of a public consultation issued in March 2020. The CfD scheme will now comprise a third fixed-bottom offshore wind-only pot (i.e.
Read moreTwo Australian states, namely South Australia and Victoria, have announced plans to introduce taxes on electric vehicles in their State budgets 2020-2021. The state of Victoria will impose a AUD2.5c/km (US$1.8c/km) tax on full-electric vehicles, and a AUD2c/km (US$1.5c/km) for plug-in hybrid vehicles. This would raise around AUD30m/year (US$22m).
Read moreIndia intends to nearly double its oil refining capacity in the next five years, from the current 260 Mt/year to 450-500 Mt/year. The refining capacity of the country amounted to 5.2 mb/d (260 Mt/year) in early 2020 across 21 refineries, including 15 with a capacity over 100 000 bbl/d (5 Mt/year). In total, there are currently 14 projects planned with an expected additional capacity of around 2.9 mb/d (145 Mt/year).
The previous objective was to reach this level by 2030 for a total investment of around US$300bn over the next 10 years.
Read moreThe National Energy Regulator of South Africa (NERSA) has launched a public consultation on a government plan to procure 2,500 MW of additional nuclear capacity to come online in South Africa after 2030.
Read moreThe Italian energy group Enel has announced plans to invest €190bn in the 2021-2030 period, €150bn of which will be invested through the "Ownership business model". Nearly €70bn will be invested to support the development of 75 GW of additional installed capacity in the company’s portfolio, while another €70bn will be deployed in infrastructure and networks, to address quality and resiliency improvements, new connections, and infrastructure digitalization.
Read moreAccording to the French Syndicat des Energies Renouvelables (SER), France’s total renewable energy capacity (wind, solar, hydropower, and bioenergy) has reached 55.3 GW in September 2020, with solar PV surpassing the 10 GW milestone. This means that solar PV capacity is halfway from reaching the Pluriannual Energy Programming’s (PPE) target for 2023 of 20,100 MW. Wind capacity reached 17.2 GW, i.e. 71.5% of the 24,100 MW target foreseen for 2023 under the PPE.
Read moreSSE Renewables and Equinor, the joint venture partners co-developing the 3.6 GW Dogger Bank offshore wind power plant project in the North Sea (United Kingdom), have signed 15-year offtake Power Purchase Agreements (PPAs) for the first two phases of the project, namely the 1,200 MW Creyke Beck A and 1,200 MW Creyke Beck B offshore wind parks.
Read moreThe Danish government is moving forward with the development of its offshore wind "energy islands" in the North Sea and at the Bornholm island in the Baltic Sea. The Danish Ministry of Climate, Energy and Public Utilities has already selected a location for a 2 GW island 20 km to the south and south-west of Bornholm. Furthermore, feasibility studies will soon determine the location for a 3 GW island in the North Sea at least 60 km west of Thorsminde (the final decision is expected for mid-2021).
Read moreThe Hungarian Energy and Public Utilities Regulatory Authority (MEKH) has issued a construction permit to Paks II. Atomerőmű for the construction of two 1,200 MW VVER reactors at the existing Paks nuclear power plant (four VVER-440 pressurised water reactors). The application had been submitted in October 2020. Paks II.
Read moreActivos en Renta Grupo Corporativo has submitted the environmental impact statement (EIS) of its 471 MW AR Changos Solar PV project in northern Chile to the Environmental Impact Assessment System (SEIA). The US$280m project will be located in the commune of Mejillones, in the Antofagasta Region. The plant will be equipped with over 1 million bifacial solar panels with 465 W of capacity each. The project will be developed in 2 phases, including the construction of new substations and of a 220 kV power transmission line.
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