Global clean energy investments grew 17 per cent in 2014 and reached $270bn, according to new research from the United Nations. The United Nations Environment Programme (UNEP) said in their new Global Trends in Renewable Energy Investments report that the findings come after two years of declines. A 148 per cent increase in offshore … Continue reading Global clean energy investments grew 17 per cent in 2014 and reached $270bn
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Beijing to close its coal power plants
The remaining four major coal-fired power plants supplying Beijing will be shut down next year in a move to reduce pollution that averaged more than twice China’s national standard last year. The facilities will be replaced by four gas-fired stations with capacity to supply 2.6 times more electricity than the coal plants. The closures are … Continue reading Beijing to close its coal power plants
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Obama orders gov’t to reduce greenhouse gas emissions by 40 pct.
President Barack Obama on Thursday signed an executive order to reduce greenhouse gas emissions produced by the federal government by 40 percent over the next decade, a move made as part of his administration’s efforts to fight climate change. The executive order also set a target for 30 percent of the electricity consumed by the … Continue reading Obama orders gov’t to reduce greenhouse gas emissions by 40 pct.
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World CO2 emissions stall in 2014, Rising use of renewable energy, particularly in China, helped keep emissions in check
Global energy emissions stayed stable last year even though the economy grew, according to data released Friday that could boost chances for a landmark climate accord later this year. The rising use of renewable energy, particularly in China, played a role in keeping emissions from the energy sector to 32.3 billion tons of carbon dioxide … Continue reading World CO2 emissions stall in 2014, Rising use of renewable energy, particularly in China, helped keep emissions in check
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Nissan, Endesa to tap V2G (vehicle to grid) technology from electric vehicles for use in homes
V2G (vehicle to grid) technology allows both a supply of energy to an electric vehicle and the use of the energy stored in the vehicle for home consumption or for sale onto the grid (in countries where the appropriate regulation is in place). Endesa and Nissan will also work together in other areas such as … Continue reading Nissan, Endesa to tap V2G (vehicle to grid) technology from electric vehicles for use in homes
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Vehicle-Grid Integration Services Revenue is Expected to Reach Nearly $21 Million by 2024
A new report from Navigant Research analyzes the market opportunity for vehicle-grid integration (VGI) technologies to be used to support grid reliability and stability, including global market forecasts for vehicle-to-grid-enabled PEVs and VGI capacity and revenue, segmented by region, through 2024. Today’s plug-in electric vehicles (PEVs) represent a significant increase in electricity demand that, … Continue reading Vehicle-Grid Integration Services Revenue is Expected to Reach Nearly $21 Million by 2024
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Li-ion Dominates the Booming Grid Storage Market with 90% of 2014 Proposals
Molten salt batteries still account for a majority of existing grid storage installations, but Li-ion is rapidly taking over as the market matures, says Lux Research. Lithium-ion (Li-ion) batteries have become the dominant technology in grid storage, capturing a 90% share of systems proposed last year. Molten salt batteries still account for a majority of … Continue reading Li-ion Dominates the Booming Grid Storage Market with 90% of 2014 Proposals
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Wind turbines aims to limit harm to birds
The threat posed to birds by wind turbines has long been debated. A wind farm being built off Finland’s west coast will feature a new system designed to limit the danger — potentially setting a new standard for future wind power facilities in the country. The 11-turbine maritime wind farm to open next summer on Tahkoluoto Island … Continue reading Wind turbines aims to limit harm to birds
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US Energy Storage Market to Grow 250% in 2015, from 62 megawatts in 2014 to 220 megawatts in 2015
The U.S. is on the cusp of a breakout year for energy storage, according to the inaugural U.S. Energy Storage Monitor report from GTM Research and the Energy Storage Association (ESA). The U.S. is forecasted to deploy 220 megawatts in 2015, more than three times its 2014 total, and growth should continue at a rapid … Continue reading US Energy Storage Market to Grow 250% in 2015, from 62 megawatts in 2014 to 220 megawatts in 2015
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Wind Power Beats Nuclear Energy Again in China
China, the country that is building more nuclear reactors than any other, continued to get more electricity from the wind than from nuclear power plants in 2014. This came despite below-average wind speeds for the year. The electricity generated by China’s wind farms in 2014—16 percent more than the year before—could power more than 110 … Continue reading Wind Power Beats Nuclear Energy Again in China
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Syrian conflict likely fueled by climate change
A severe drought that helped fuel the Syrian conflict has been linked to climate change, according to a study published this week. The study, published Monday in the Proceedings of the National Academy of Sciences, adds to the ongoing debate surrounding climate change and armed conflict, suggesting that global warming may already be sparking unrest. … Continue reading Syrian conflict likely fueled by climate change
Continue readingThe Great Transition: Shifting from Fossil Fuels to Solar power and Wind Energy
“The energy transition will change not only how we view the world but also how we view ourselves,” say the authors of The Great Transition. “With rooftop solar panels to both power homes and recharge car batteries, there will be a personal degree of energy independence not known for generations.” As fossil fuel reserves … Continue reading The Great Transition: Shifting from Fossil Fuels to Solar power and Wind Energy
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Misconceptions on wind energy costs in UK
A new survey commissioned by RenewableUK has revealed that the UK public have considerable misconceptions about the cost of wind power, believing subsidies to be 14 times more than they actually are. Marketing research firm OnePoll carried out the survey and questioned 2,000 adults in the UK. According to survey, the average customer thinks … Continue reading Misconceptions on wind energy costs in UK
Continue readingNearly 700 Megawatts of Energy Storage Capacity Have Been Announced in 2014-2015
A new Tracker report from Navigant Research provides a comprehensive resource of energy storage projects worldwide, including information on 804 projects encompassing more than 12,000 individual systems. 2014 was a major year for the global energy storage industry, with some of the largest single contracts in history awarded to leading storage companies. Driven primarily … Continue reading Nearly 700 Megawatts of Energy Storage Capacity Have Been Announced in 2014-2015
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Apple to build renewable energy datacentres in Europe
Apple® today announced a €1.7 billion plan to build and operate two data centres in Europe, each powered by 100 percent renewable energy. The facilities, located in County Galway, Ireland, and Denmark’s central Jutland, will power Apple’s online services including the iTunes Store®, App Store?, iMessage®, Maps and Siri® for customers across Europe. “We are … Continue reading Apple to build renewable energy datacentres in Europe
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Solar energy and wind power to meet 10% of Iran’s energy needs
Some 10 percent of Iran’s need to electricity will be met by solar energy and wind power plants by Iranian calendar year 1400 (March 2021-March 2022), according to Homayoun Haeri, the managing director of the Iran Power Generation, Transmission and Distribution Management Company (TAVANIR). He added that solar and wind power plants will generate … Continue reading Solar energy and wind power to meet 10% of Iran’s energy needs
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UK govt clears 2.4-GW offshore wind energy project off Yorkshire coast
A massive offshore wind energy project has today been given the go ahead by the Government and is expected to support up to 900 green jobs in Yorkshire and Humberside and millions of pounds’ worth of investment to the UK’s economy. Dogger Bank Creyke Beck is now the largest consented offshore wind energy project in … Continue reading UK govt clears 2.4-GW offshore wind energy project off Yorkshire coast
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Turkey aims to add 20 GW of wind energy, 5 GW of solar energy and 1 GW of geothermal energy by 2023
Turkey aims to add 34 GW of hydropower, 20 GW of wind energy, 5 GW of solar energy, 1 GW of geothermal and 1 GW of biomass by 2023. The European Bank for Reconstruction and Development (EBRD) and the Turkish Energy Ministry are joining forces to develop a renewable-energy action plan, the bank said … Continue reading Turkey aims to add 20 GW of wind energy, 5 GW of solar energy and 1 GW of geothermal energy by 2023
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A business-as-unusual outlook for oil in the medium term
The recent crash in oil prices will cause the oil market to rebalance in ways that challenge traditional thinking about the responsiveness of supply and demand, the International Energy Agency (IEA) said in its annual Medium-Term Oil Market Report (MTOMR) released today. The US light, tight oil (LTO) revolution has made non-OPEC production more responsive … Continue reading A business-as-unusual outlook for oil in the medium term
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Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023
A recent report from Navigant Research examines the global materials supply chain of the advanced batteries industry, including global market forecasts for capacity, shipments, and revenue for key raw materials inputs for advanced batteries through 2023. Since 1991, when the first mass-produced lithium ion (Li-ion) batteries emerged, the market for advanced batteries … Continue reading Revenue from Materials for Advanced Batteries Is Expected to Total More than $132 Billion from 2014-2023
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