Tag: 上海夜网BS

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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Spec on the horizon

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FIFA agrees to mediation in dispute with TTFA

first_imgFIFA has agreed to settle its dispute with the Trinidad and Tobago Football Association (TTFA) through mediation.According to lawyers from New City Chambers representing the William Wallace-led executive, FIFA indicated on Monday its willingness to settle the matter amicably.“I can indeed confirm that FIFA has indicated a willingness to pursue mediation,” Dr Emir Crowne told Sportsmax.TV on Monday, shortly after receiving word from FIFA’s representatives.Dr Crowne indicated, however, that there is still some way to go before the process of mediation can begin.“The logistics of the mediation are still being worked out, but it is nonetheless a welcome sign, especially in a dispute with so much at stake and where maintaining relationships is key,” he said.In late June, the Trinidad and Tobago Football Association (TTFA) reached out to lawyers representing FIFA, requesting mediation in their dispute over the appointment of a normalisation committee in March.FIFA dissolved the William Wallace-led executive by way of a letter on March 17, and a normalisation committee was appointed just four months after the TTFA Annual General Meeting in November 2019.FIFA cited poor financial management and FA’s massive debt as reasons for the appointment of the committee to oversee the association’s affairs. (Sportsmax)last_img read more

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