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Fitch sees renewables becoming Western Europe’s top power source by 2023

first_imgFitch sees renewables becoming Western Europe’s top power source by 2023 FacebookTwitterLinkedInEmailPrint分享Recharge:Western Europe will spearhead the transition to non-hydropower renewables, which will become the region’s predominant power source by 2023, Fitch Solutions said in an update to its 10-year global renewable energy outlook.“We expect the region’s total non-hydropower renewables capacity will grow by more than 330GW between 2020 and 2029 to reach nearly 1TW of capacity, almost equivalent to the total thermal capacity expected in 2029,” the analysts said.Non-hydro renewables according to Fitch Solution’s estimate are slated to make up 31% of total generation in Western Europe.The analysts said the detrimental impact of the Covid-19 pandemic in the short term will disrupt non-hydro renewables growth. But an expected recovery after this year actually presents greater opportunities for investment in solar and wind power as their lower costs and more rapid deployment characteristics will prove attractive to both private investors and governments seeking to maintain power sector growth over the medium term.On a global scale, the renewables sector will expand from over 1.3TW by the end of 2019 to more than 2.6TW ten years later, when 18% of the world’s generation are expected to come from renewable sources. That growth will be mainly driven by China, which is seen making up 42% of global non-hydro renewables additions in the ten-year period.[Bernd Radowitz]More: Renewables to become Western Europe’s main power source by 2023: Fitch Solutionslast_img read more

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Strong lending expected in 2015

first_img 7SHARESShareShareSharePrintMailGooglePinterestDiggRedditStumbleuponDeliciousBufferTumblr by: David MorrisonNext year will bring relatively strong growth in gross domestic product, continued lower unemployment and an increase in wages, all of which should lead to a good year for making loans, the consumer finance site WalletHub forecasted.The site consulted a group of five economists and professors for the forecasts.WalletHub’s experts estimated the U.S. gross domestic product would reach 3% in 2014, mirroring the same prediction it made last year although the site acknowledged that its previous forecast might have been too conservative. continue reading »last_img

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Shohei Ohtani’s next start for Angels is still uncertain

first_imgWhile the Cleveland Indians won’t get to see Ohtani pitch in this three-game series, they could see him hit as soon as Tuesday, although Scioscia wouldn’t commit to that either.Cleveland manager Terry Francona got a good look at Ohtani in 2014, when he managed a team of major leaguers on an offseason trip to Japan. Ohtani, who was 20 at the time, pitched a perfect inning in Game 1 of the series.Could Francona envision Ohtani pitching in MLB by age 23?“I think you could have envisioned him pitching (in MLB) the next week,” he said. “He looked good. He looked real good.”HEANEY UPDATEAndrew Heaney is scheduled to throw 80-90 pitches in a minor league game on Friday, Scioscia said. Heaney, who is out with elbow inflammation, said he felt good a day after a 69-pitch outing in an intrasquad game in Arizona.If Heaney comes through his minor league outing without any problems, he would be able to start by the time the Angels need a sixth starter, which would be during the series starting April 12 in Kansas City.UP NEXTAngels (Garrett Richards, 0-0, 7.20) vs. Indians (Josh Tomlin, 10-9, 4.98 in 2017), 7 p.m., Fox Sports West, KLAA (830 AM).Staff writer J.P. Hoornstra contributed to this story. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img ANAHEIM — A day after Shohei Ohtani’s major league pitching debut, the Angels still weren’t saying when, or if, he will pitch on this homestand.The Angels could have Ohtani pitch Saturday on five days rest or Sunday on six days rest.Ohtani has pitched on at least six days rest every time except once, following a 31-pitch outing in the spring, so it stands to reason that he’s more likely to pitch on Sunday. He threw 92 pitches against the Oakland A’s on Sunday.Manager Mike Scioscia said the Angels on Wednesday would announce their rotation for this weekend’s series against Oakland.last_img read more

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