Article
Oil is in the midst of an unprecedented price fall having lost more than 50% of its value since July of last year. This price collapse has massive global economic implications, not least on the power sector. It is clear that oil producers, including both countries and companies, are under tremendous financial strain given many projects and budgets were based on assumed prices of 80-100 USD per barrel.… Read more
Article
The IPCC’s recently released Fifth Assessment Report makes clear the scientific consensus on the impacts and implications of climate change – and the scope of the challenge cannot be understated.
In the words of the report –
… Read moreContinued emission of greenhouse gases will cause further warming and long-lasting changes in all components of the climate system, increasing the likelihood of severe, pervasive and irreversible impacts for people and ecosystems.
General
We’d like to wish everyone a very happy 2015 and all the best for the coming year. The past few years have seen increasing momentum behind the deployment of microgrids and distributed renewable generation around the world. This growth is expected to accelerate in the coming year and combined with continued technology advances and cost reductions should make 2015 an exciting year for microgrids.… Read more