EU fossil fuels hit record low

Enel net income soars by 86.8% and US EPA sued over fossil fuel power plants rule

Forward this email  |  View in browser PowerTechnology In Brief May 10, 2024 Client Showcase Alternative fuels to drive rapid change in global equipment business operation Global construction equipment sales exceeding 1.29 million machines in 2021. In the ongoing drive to cut harmful exhaust pollution, manufacturers have had to adopt Stage V engine emissions standards across Europe.   Download free whitepaper SPOTLIGHT READ Fossil fuels generated less than a quarter of EU's electricity for first time in April The ongoing trend of increasing solar and wind uptake has continued. Got a minute to spare? Take part in our research by answering our poll: Answer our poll question LATEST NEWS Client Showcase Texaco Lubricants webinar: Navigating emission reductions in off-highway fleets The unique and varied operational needs within industries such as mining, agriculture, and construction add layers of complexity to the already challenging environments for equipment in the off-highway sector.   Enel Q1 2024 net income soars by 86.8% The rise comes despite a 26.4% slump in revenues to €19.4bn ($20.91bn) from €26.4bn in the first quarter (Q1) of 2023.   US Republican attorneys general sue EPA over fossil fuel power plants rule 27 Republican attorneys general and industry trade groups filed a lawsuit against the Environmental Protection Agency's rule to cut carbon emissions from existing coal-fired power plants and new natural gas plants.   First turbine installed at Iberdrola's Baltic Eagle offshore wind farm The installation was carried out in partnership with wind turbine manufacturer Vestas.   High power prices expected in Texas this summer A combination of rising electricity demand and high temperatures are driving the price increase.   OWC completes feasibility study for offshore wind in Black Sea The study was commissioned by Romania-based energy company Black Sea Oil & Gas. Read more news INDEPTH READ Russia Power Market Overview   GlobalData's latest report discusses the power market structure in Russia and provides historical and forecast numbers for capacity, generation, and consumption up to 2035. A detailed analysis of the country's power market regulatory structure, competitive landscape, and a list of major power plants are provided. The power market in Russia had a total installed power capacity of 267.1 GW in 2023. Thermal power dominated the capacity segment followed by hydropower. Buy report MORE FOR YOU Thematic Take: ESG   As ESG gains importance, how can energy companies adjust? Explore sponsorship opportunities and delve deeper with our Thematic Take supplement. Find out more PARTNER CONTENT How residential PV storage is paving the way for net-zero living A one-fits-all residential smart photovoltaic solution aims to achieve zero-carbon living by integrating green energy storage into our daily lives. Micafluid to Attend CWIEME 2024 Are you ready to dive into the world of cutting-edge technology and innovation in the field of electrical engineering? Look no further than Micafluid's Booth at the upcoming CWIEME 2024, in Berlin! IGS: Leading the Charge in Meeting EPA's Stringent Emission Standards The Environmental Protection Agency (EPA) has been ramping up efforts to enhance air quality nationwide, resulting in stricter emission regulations that pose challenges for Electric Generating Units (EGUs) and non-EGUs alike.  Future Power Technology Digital Magazine   Issue 160 | February 2024   In this issue: Public transport electrification, the greenwashing trap, EV supply chains and the Red Sea crisis and more. Read the magazine Click below to view more from across the network: Power Technology   |   Offshore Technology   |   Energy Monitor   Was this email forwarded to you? Sign up here.   Please send any news or comments to: energy.editorial@verdict.co.uk   GlobalData   At GlobalData we have a proven track record in helping thousands of companies, government organizations, and industry professionals benefit from faster, more informed decisions. You can update your communication preferences to make sure you receive the right information for you.    GlobalData, John Carpenter House | Registered in England No. 03925319, John Carpenter Street, London, EC4Y 0AN, United Kingdom London  Unsubscribe  |   Manage Preferences