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Highlights of Turkish Energy Market in 2018

Τετ, 19 Δεκεμβρίου 2018 - 17:42

The developments in the Trans Anatolian Natural Gas Pipeline (TANAP) project, TurkStream Natural Gas Pipeline project, the opening of new Turkey's biggest oil refinery, STAR, marked the top news stories in Turkey's energy sector in 2018.

Over 680 GW of Wind Power to Come Online in Next Decade

Παρ, 14 Δεκεμβρίου 2018 - 17:37

More than 680 gigawatts (GW) of new wind power capacity will come online globally over the next 10 years, according to recent research by Wood Mackenzie Power & Renewables.

Bulgaria Likely Option for Turkstream 2nd Route

Παρ, 14 Δεκεμβρίου 2018 - 17:34

Turkey will transform from an end user to an intermediate user with the commissioning of the second line of the TurkStream natural gas project, while eliminating transit risks through Ukraine, Volkan Ozdemir, head of the Ankara-based Institute for Energy Markets and Policies (EPPEN), said in an exclusive interview with Anadolu Agency.

Russia Ready for Competition in Turkey With Cheap Gas

Τετ, 12 Δεκεμβρίου 2018 - 19:53

Russia is up for competition with other suppliers for Turkey's gas and from alternative LNG sources in the region, Konstantin Simonov, director of Russia National Energy Security Fund said in an exclusive interview with Anadolu Agency.

Siemens Gamesa, Enel Russia Sign 201 MW Wind Deal

Τετ, 12 Δεκεμβρίου 2018 - 19:49

Siemens Gamesa Renewable Energy (SGRE) has secured a second order in Russia from Enel Russia, one of the country's independent power producers (IPP), for the supply of wind turbines of 201 megawatts (MW) in capacity, SGRE announced in a statement late Tuesday.

Investors Urge Governments to Act on Climate Change

Δευ, 10 Δεκεμβρίου 2018 - 18:26

A total of 415 global institutional investing firms that represent over $32 trillion in assets issued a statement on Monday urging world governments to lower carbon emissions and take action against climate change.

Turkey's Electricity Consumption Down 2.2% in Nov.

Δευ, 10 Δεκεμβρίου 2018 - 18:19

Turkey's electricity consumption decreased by 2.2 percent in November compared to the same month last year, according to Turkey's Energy and Natural Resources Ministry on Monday. The country's power consumption was 23.33 billion kilowatt-hours in November.

Vestas Enlarges Wind Share in Greece With 106 MW Order

Παρ, 7 Δεκεμβρίου 2018 - 20:26

Vestas secured a 106-megawatt order for several wind farms in Greece, reinforcing the company's leading position in the market with more than 50 percent of market share, the Danish company announced Wednesday.

US Becomes Net Oil Exporter After 43 Years

Παρ, 7 Δεκεμβρίου 2018 - 20:19

The U.S. last week became a net oil exporter for the first time after 43 years, according to data released by the country's Energy Information Administration (EIA) on Thursday.

Separate Energy Trade From Politics: Russian Expert

Πεμ, 6 Δεκεμβρίου 2018 - 20:12

The director of Russia National Energy Security Fund urged panel participants at the Turkey-Russia energy experts roundtable meeting in Istanbul Thursday to follow Russia's lead in separating energy trade, particularly in natural gas, from politics.

US' Coal Use in 2018 Expected to be Lowest in 39 Years

Πεμ, 6 Δεκεμβρίου 2018 - 20:08

Coal consumption in the U.S. this year is expected to reach its lowest level of the past 39 years, according to the country's Energy Information Administration (EIA) on Wednesday. Total U.S. coal consumption this year is estimated to decline to 691 million short tons (MMst). If this level is realized for 2018, this will be the lowest coal consumption in the U.S. since 1979, the EIA said in a statement.

Emissions from Advanced Economies Set to Rise in 2018

Τρι, 4 Δεκεμβρίου 2018 - 19:45

The world's advanced economies will see an uptick in their carbon dioxide emissions this year, bucking a five year-long decline, according to the International Energy Agency's statement on Tuesday. According to latest available energy data, energy-related CO2 emissions in North America, the European Union and other advanced economies in the Asia Pacific grew as higher oil and gas use more than offset declining coal consumption.

EBRD Supports Sustainable Energy in Jordan

Τρι, 4 Δεκεμβρίου 2018 - 19:41

The European Bank for Reconstruction and Development (EBRD) will provide a $265 million loan to Jordan's National Electric Power Company (NEPCO) to support the country in boosting the role of renewables in its energy mix, the bank announced Tuesday.