Innovative Energy Consultancy Ltd
Innovative Energy Consultancy Ltd

Month: June 2023

May Energy Market Update

Gas May saw high injections into gas storage levels on the continent thanks to a stable supply line, with EU storage facilities just below the 70% level by the end of the month. If LNG deliveries are to continue at a high level in the coming weeks, this would...

Hydropower behind target despite increase

Hydropower met 15% of the world’s electricity demand last year which was the first time since 2016 that more than 30GW of new capacity was built in a single year. The news, from the latest report by the International Hydropower Association (IHA), said that China was the biggest producer,...

Challenge to to meet onshore wind target

National Grid’s industry forecast report, the Future Energy Scenarios, estimates that onshore wind capacity needs to increase to more than 30 gigawatts across Great Britain by 2030. At the current pace, it would take 4,690 years for England to meet its share of this target, according to the left-leaning...
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