January 14 Energy News
World:
¶ The Canadian Wind Energy Association has reported that Canada closed 2015 seventh in the world for total installed wind energy capacity with 11,205 MW, and sixth in the world for the amount of capacity added in 2015. Over the year, Canada added 36 wind projects totalling 1,506 MW of new capacity. [Windpower Engineering]
Wind energy supplied approximately 5% of Canada’s electricity demand in 2015, or enough to power over three million Canadian homes. CanWEA
¶ Oil prices briefly have fallen below $30 a barrel on international markets for the first time since April 2004, before recovering again. Brent crude, used as an international benchmark, fell as low as $29.96, but bounced back to trade at $30.22. Oil prices have fallen by 70% in the past 15 months. [BBC]
¶ Growth in India’s coal-based installed generation capacity is on a decline, despite an increase in…
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