International Energy Agency: World Energy Outlook 2017

The International Energy Agency recently published its annual World Energy Outlook report describing “A world in transformation” defined by four shifts currently happening in the global energy system. The report presents several projections through to 2040 based on different policy assumptions, in order to give policy makers the tools to decide […]

Lowest solar power price worldwide in Mexico energy auction

The Secretariat of Energy and CENACE have announced the preliminary results of Mexico’s Third Long Term Auction, in which the average price of clean energy was 20.57 dollars, one of the lowest prices reached internationally. The power auction pre-selected 16 bids with an average price of $20.57/MWh and 2.56 GW […]

REstore acquired by Centrica for €70m

Restore, a Belgian pioneer in energy technology, was purchased by the British energy company Centrica for €70m. REstore specializes in demand management for electricity and developed software that can be used to remotely increase or decrease the power consumption of large companies. They do that by, for instance, cooling the […]

Microsoft, GE sign agreement on new wind project in Ireland

On Monday, Microsoft Corp. announced a new wind energy agreement in Ireland. With the agreement, Microsoft will become one of the first multinational technology companies to support a new wind project in Ireland. Microsoft is entering into a 15-year power purchase agreement (PPA) with GE to purchase 100 percent of […]