The Government’s proposal to bolster Statkraft SF’s equity by NOK 5 billion was adopted by the Norwegian Parliament on 11 December 2014. The Ministry of Trade, Industry and Fisheries will also reduce its overall dividend from Statkraft by NOK 5 billion over the 2016-2018 period. With an equity increase totalling NOK 10 billion, Statkraft will … Continue reading Norway’s Statkraft plans $8 billion renewable energy drive, hydro and wind power
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Renewable Energy Life Cycle
Results of a study published in Proceedings of the National Academy of Sciences (PNAS) presents a life cycle assessment (LCA) on an array of electricity generation sources, from fossil fuels to solar power. The conclusions indicate that renewable energy is cheaper, less environmentally damaging, and has more potential for growth in the next few decades than … Continue reading Renewable Energy Life Cycle
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Oil price plunge and renewable energy
The 45% fall in oil prices is being portrayed as a big blow to clean energy deployment. In fact, its impact will vary by sector and region, but will be modest in major electricity markets where renewables compete with gas and coal, and benefit from stable policy support. The collapse in world oil prices in … Continue reading Oil price plunge and renewable energy
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Renewable energy sources (wind energy, PV and Concentrated Solar Power) generated 42.8% of Spain’s total power for 2014
Renewable energy sources generated 42.8% of Spain’s total power for 2014, data by local grid operator Red Electrica de Espana (REE) showed Tuesday. Wind energy output fell 6.1% year-on-year, still contributing 20.4% of the country’s total output. The hydroelectric plants in Spain accounted for another 15.4%, while the solar photovoltaic (PV) and concentrated solar … Continue reading Renewable energy sources (wind energy, PV and Concentrated Solar Power) generated 42.8% of Spain’s total power for 2014
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The Eight Best Things To Happen To Renewable Energy In 2014
2014 brought us plenty of news to be unhappy about. The year had barely begun when a major chemical spill poisoned the water of 300,000 West Virginians, a disaster that left residents worried about the safety of their water for months. Not even a month after the spill, tens of thousands of tons of coal … Continue reading The Eight Best Things To Happen To Renewable Energy In 2014
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AfDB promotes renewable energy investment in Swaziland
The African Development Bank (AfDB) will issue a grant of US $990,000 to finance three studies under an energy sector support programme in Swaziland. The objective of the programme is to provide technical assistance to Swaziland aimed at promoting investment in the electricity supply industry to expand reliable energy supplies and enhance the country’s electricity … Continue reading AfDB promotes renewable energy investment in Swaziland
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South Africa will announce a series of renewable energy projects that will add 1,000 MW
Africa’s most advanced economy is in the midst of a severe power crisis because of the government’s failure to build any major new power stations since the end of apartheid in 1994. It is also committed to introducing renewables into its mix of power generation, 95 percent of which is coal at the moment. The … Continue reading South Africa will announce a series of renewable energy projects that will add 1,000 MW
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Towards the climate conference PARIS – mapping the way towards 100% renewable energies
The COP20 Presidency has branded the related WBA/WWEA Side Event of 5 December as “Lima Climate Action Highlight” and will showcase a summary during the COP20 High-level Session on 11 December. Regions, cities and communities leading the transformation towards 100 % renewables Regions, cities and communities demonstrate that the transformation to a 100% renewable fuelled … Continue reading Towards the climate conference PARIS – mapping the way towards 100% renewable energies
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German economy minister supports E.ON’s focus on renewable energy
German Economy Minister Sigmar Gabriel said German top utility firm E.ON’s plans to split and focus on renewable energies and smart grids was positive and helpful for the country’s new energy policy, a local newspaper reported Monday. EON SE’s plan to spin off its fossil-fuel plants marks a watershed moment in Germany’s renewables effort that … Continue reading German economy minister supports E.ON’s focus on renewable energy
Continue readingE.ON to focus on renewables
E.ON will focus on renewables, distribution networks, and customer solutions and combine its conventional generation, global energy trading, and exploration and production businesses in a new, independent company (“New Company”), a majority of which will be spun off to E.ON SE shareholders. This new organizational setup is the logical consequence of the new strategy that … Continue reading E.ON to focus on renewables
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Levelized Cost Of Electricity: Solar power and wind energy are rapidly becoming competitive
Solar power and wind energy are rapidly becoming competitive with conventional electric generating technologies like natural gas and coal. At least that is what many of Wall Street’s most esteemed investment firms seem to be telling anyone willing to listen to them. Last week, Diane Cardwell, a reporter at the New York Times, did just … Continue reading Levelized Cost Of Electricity: Solar power and wind energy are rapidly becoming competitive
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Asia-Pacific Economic Cooperation plan to double the share of renewable energy in the region’s mix
Asia-Pacific Economic Cooperation (APEC) members plan to double the share of renewable energy in the region’s energy mix within 15 years, according to the APEC Energy Working Group. APEC energy officials agreed to advance a number of measures on renewable energy at the week-long 48th meeting of the Energy Working Group. Papua New Guinea’s (PNG) … Continue reading Asia-Pacific Economic Cooperation plan to double the share of renewable energy in the region’s mix
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EU needs stronger industrial policy on renewable energy to compete
The European Union (EU) must regain its ability to compete on the renewable resources market, now that the climate debate has been greatly boosted by new key international deals, analysts at a recent forum here said. “Europe powered up the ‘machine’ of renewable energy and green technologies at the global level, but now that machine … Continue reading EU needs stronger industrial policy on renewable energy to compete
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Minnesota Can Accommodate Significant Additional Renewable Energy Generation
GE’s Energy Consulting business (NYSE: GE) served as the lead technical consultant for the recent Minnesota Renewable Energy Integration and Transmission Study (MRITS), performed by the Minnesota utilities and transmission companies in coordination with the Midcontinent Independent System Operator (MISO), and directed by the Minnesota Department of Commerce. The study demonstrated that Minnesota’s power system … Continue reading Minnesota Can Accommodate Significant Additional Renewable Energy Generation
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Renewable energy could take a significant leap forward with improved energy storage technologies
The use of renewable energy in the United States could take a significant leap forward with improved storage technologies or more efforts to “match” different forms of alternative energy systems that provide an overall more steady flow of electricity, researchers say in a new report. Historically, a major drawback to the use and cost-effectiveness … Continue reading Renewable energy could take a significant leap forward with improved energy storage technologies
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China Can Nearly Quadruple Share of Modern Renewable Energy by 2030
China can increase its use of renewable energy from 13 to 26 per cent by 2030, according to a new report released today by the International Renewable Energy Agency (IRENA). The growth in renewable energy use would represent nearly a fourfold increase in the share of modern renewables between 2010 and 2030. China can increase … Continue reading China Can Nearly Quadruple Share of Modern Renewable Energy by 2030
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Data Center Interest in Renewable Energy on the Rise
Renewable energy is among the top emerging technologies being considered by data center owners to help address power and cooling costs, according to a Mortenson survey of corporate data center executives, data center developers and operators, and information technology providers at the 2014 Data Center World conference. Eighty-four percent of respondents feel there is a … Continue reading Data Center Interest in Renewable Energy on the Rise
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Indonesia, Pakistan, Vietnam, the Maldives and Nepal are partnering with the World Bank to map out their most-promising locations for solar energy, wind power and other renewable energy resources
Pakistan has tremendous potential for harnessing wind power, solar energy, biomass and other renewable energy resources to help reduce power cuts and improve access to modern energy services. But the country lacks the high quality resource data at a national scale that is needed to take full advantage of these sources of clean energy. … Continue reading Indonesia, Pakistan, Vietnam, the Maldives and Nepal are partnering with the World Bank to map out their most-promising locations for solar energy, wind power and other renewable energy resources
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India looks to invest $1 billion into renewable energy, solar power and wind energy
Over 1.2 billion people around the world are still without electricity, and 400 million of them are in India. Many more don’t have access to reliable, consistent electricity. Diesel generators no longer compare to solar on a cost basis, and pay-as-you-go programs have made solar more accessible to low-income families in the developing world. With … Continue reading India looks to invest $1 billion into renewable energy, solar power and wind energy
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West Africa Emerges as Leading Region in Africa for Renewable Energy and Energy Efficiency
The ECOWAS Renewable Energy and Energy Efficiency Status Report, produced collaboratively by REN21 and ECREEE with lead authorship from the Worldwatch Institute, provides a regional perspective on the renewable energy and energy efficiency market and industry development in West Africa. Launched on November 10, 2014, the report concludes that renewable energy and energy efficiency technologies have … Continue reading West Africa Emerges as Leading Region in Africa for Renewable Energy and Energy Efficiency
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