• 25 mins OPEC Set To Move Fast On Cut Extension Decision
  • 3 hours Nigeria Makes First Step Away From Oil
  • 14 hours Russia Approves Profit-Based Oil Tax For 2019
  • 18 hours French Strike Disrupts Exxon And Total’s Oil Product Shipments
  • 20 hours Kurdistan’s Oil Exports Still Below Pre-Conflict Levels
  • 22 hours Oil Production Cuts Taking A Toll On Russia’s Economy
  • 1 day Aramco In Talks With Chinese Petrochemical Producers
  • 1 day Federal Judge Grants Go-Ahead On Keystone XL Lawsuit
  • 1 day Maduro Names Chavez’ Cousin As Citgo Boss
  • 1 day Bidding Action Heats Up In UK’s Continental Shelf
  • 2 days Keystone Pipeline Restart Still Unknown
  • 2 days UK Offers North Sea Oil Producers Tax Relief To Boost Investment
  • 2 days Iraq Wants To Build Gas Pipeline To Kuwait In Blow To Shell
  • 2 days Trader Trafigura Raises Share Of Oil Purchases From State Firms
  • 2 days German Energy Group Uniper Rejects $9B Finnish Takeover Bid
  • 2 days Total Could Lose Big If It Pulls Out Of South Pars Deal
  • 2 days Dakota Watchdog Warns It Could Revoke Keystone XL Approval
  • 3 days Oil Prices Rise After API Reports Major Crude Draw
  • 3 days Citgo President And 5 VPs Arrested On Embezzlement Charges
  • 3 days Gazprom Speaks Out Against OPEC Production Cut Extension
  • 3 days Statoil Looks To Lighter Oil To Boost Profitability
  • 3 days Oil Billionaire Becomes Wind Energy’s Top Influencer
  • 3 days Transneft Warns Urals Oil Quality Reaching Critical Levels
  • 3 days Whitefish Energy Suspends Work In Puerto Rico
  • 3 days U.S. Authorities Arrest Two On Major Energy Corruption Scheme
  • 4 days Thanksgiving Gas Prices At 3-Year High
  • 4 days Iraq’s Giant Majnoon Oilfield Attracts Attention Of Supermajors
  • 4 days South Iraq Oil Exports Close To Record High To Offset Kirkuk Drop
  • 4 days Iraqi Forces Find Mass Graves In Oil Wells Near Kirkuk
  • 4 days Chevron Joint Venture Signs $1.7B Oil, Gas Deal In Nigeria
  • 4 days Iraq Steps In To Offset Falling Venezuela Oil Production
  • 4 days ConocoPhillips Sets Price Ceiling For New Projects
  • 7 days Shell Oil Trading Head Steps Down After 29 Years
  • 7 days Higher Oil Prices Reduce North American Oil Bankruptcies
  • 7 days Statoil To Boost Exploration Drilling Offshore Norway In 2018
  • 7 days $1.6 Billion Canadian-US Hydropower Project Approved
  • 7 days Venezuela Officially In Default
  • 7 days Iran Prepares To Export LNG To Boost Trade Relations
  • 7 days Keystone Pipeline Leaks 5,000 Barrels Into Farmland
  • 7 days Saudi Oil Minister: Markets Will Not Rebalance By March
Tesla To Spike, Then Crash

Tesla To Spike, Then Crash

Electric car giant Tesla is…

The Hidden Cost Of Electric Cars

The Hidden Cost Of Electric Cars

As countries across the globe…

Global Wind Power Hits 282.5GW

Global Wind Power Hits 282.5GW

The latest edition of the annual market report released by the Global Wind Energy Council (GWEC) claims that global installed capacity for wind power is now at 282.5GW.

A total of 44.8GW of new wind capacity was installed around the world in 2012, a 10% increase over installed capacity in 2011.

The US was the largest contributor to new wind energy installations, adding a record capacity and finally regaining its position from China for the first time since conceding that spot in 2009. Although the GWEC has warned that the last minute extension of the US production tax credit will probably mean that the number of installations will fall this year before recovering again in 2014.

Related article: Has Belgium Cracked the Problem of Storing Wind Power Electricity?

Europe has also installed a large amount of wind energy capacity throughout the year, however the economic crisis has caused many budgets to be slashed and government policies supporting renewable energy investment have been reigned in, meaning that less capcity is likely to be installed over the next few years.

China also remained one of the largest wind energy installers now with over 75GW of capacity. The wind sector is expected to grow significantly in other Asian countries such as India, Pakistan, Mongolia, the Philippines, and Thailand, during the next couple of years.

By. Joao Peixe of Oilprice.com

?


Join the discussion | Back to homepage

Leave a comment

Leave a comment

Oilprice - The No. 1 Source for Oil & Energy News