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
Continue readingCategory Archives: Uncategorized
The cost of wind energy and solar power keeps dropping
A new study from the International Renewable Energy Agency laying it out in detail. Large wind power farms got cheaper between 2010 and 2014. Large-scale solar power got a lot cheaper. And at least some renewable plants are even becoming competitive with new fossil-fuel plants: The chart shows the “levelized cost of electricity” for different … Continue reading The cost of wind energy and solar power keeps dropping
Continue reading
Global capacity of renewable energy will more than double in 2025
The past decade has witnessed significant developments in policies for renewable energy. Previously, less than 50 countries worldwide had support policies for renewable energy; this number now stands at more than 130. As a result of political and financial support, investments in renewables have risen dramatically in recent years. In fact, the European Union has … Continue reading Global capacity of renewable energy will more than double in 2025
Continue reading
Abengoa to Build World’s Largest Solar Power Desalination Plant in Saudi Arabia
Abengoa (MCE: ABG.B/P SM /NASDAQ: ABGB), the international company that applies innovative technology solutions for sustainability in the energy and environment sectors, has been selected by Advanced Water Technology (AWT) to jointly develop the world’s first large-scale desalination plant to be powered by solar energy, in Saudi Arabia. AWT is a newly formed company … Continue reading Abengoa to Build World’s Largest Solar Power Desalination Plant in Saudi Arabia
Continue reading
The year 2014 was the warmest year across global land and ocean surfaces since records began in 1880
The year 2014 was officially the hottest year since records began, federal scientists announced on Friday, part of a long-term warming trend driven by the burning of fossil fuels. Ten of the warmest years ever have occurred since 1997. Global ocean and land temperatures, which have been calculated since 1880, measured 1.24 degrees Fahrenheit above … Continue reading The year 2014 was the warmest year across global land and ocean surfaces since records began in 1880
Continue reading
2015 will see nuclear power dream fade as wind energy and solar power soar
Governments are still spending billions on nuclear research, writes Paul Brown – but 2015 looks like being an unhappy year for the industry as it continues to shrink while renewables grow, amid massive delays and cost over-runs. With nuclear power falling ever further behind renewables as a global energy source, and as the price of … Continue reading 2015 will see nuclear power dream fade as wind energy and solar power soar
Continue reading
6 Reasons 2014 Was a Good Year for Climate Action
Here are six reasons to be optimistic under even the most climate-denying Congress: 1. The price of solar and wind energy has fallen below the price of conventional fuels, pushing utilities to switch to alternative fuels. The New York Times reports that “The cost of providing electricity from wind and solar power plants has plummeted … Continue reading 6 Reasons 2014 Was a Good Year for Climate Action
Continue reading
China reached 90 GW of wind energy and 30 GW of solar power by 2014
In 2014, total installed hydropower capacity will hit 300 million kW, installed wind power capacity will exceed 90 million kW and solar power capacity will reach 30 million kW. Non-fossil fuel will supply 11.1 percent of China’s total primary energy consumption this year, up from 9.8 percent in 2013, an official said Thursday. … Continue reading China reached 90 GW of wind energy and 30 GW of solar power by 2014
Continue reading
Global coal demand to reach 9 billion tonnes per year by 2019
Global demand for coal over the next five years will continue marching higher, breaking the 9-billion-tonne level by 2019, the International Energy Agency (IEA) said in its annual Medium-Term Coal Market Report released today. The report notes that despite China’s efforts to moderate its coal consumption, it will still account for three-fifths of demand growth … Continue reading Global coal demand to reach 9 billion tonnes per year by 2019
Continue reading
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
Continue reading
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
Continue reading
Deal reached at UN climate change talks in Peru
The U.N. weather agency said last week that 2014 could become the hottest year on record. More than 30 hours behind schedule, delegates from more than 190 countries agreed on what information should go into the pledges that countries submit for the expected Paris pact. They argued all day Saturday over the wording of … Continue reading Deal reached at UN climate change talks in Peru
Continue readingTowards 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
Continue reading
Benin, Burkina Faso and Mali are ideally suited to solar photovoltaic
In many off-grid villages in West Africa, solar power now provides energy for lighting, cooking and street lights. When the Sun goes down in many villages across Benin, Burkina Faso and Mali, most activities cease. Shops close, business stops for the day, and children are forced to do their homework by the light of polluting … Continue reading Benin, Burkina Faso and Mali are ideally suited to solar photovoltaic
Continue reading
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
Continue reading
Energy Storage for Southern California Edison
Ice Energy, located in Glendale, CA, will be providing up to 25 MW of grid support to Southern California Edison in the form of water that is frozen at night when electricity is cheap. During a hot day, the ice is used for cooling in a rooftop air conditioning unit to reduce how much … Continue reading Energy Storage for Southern California Edison
Continue reading
Dutch test SolaRoad solar photovoltaic panels on bike path
A project dubbed “SolaRoad” gets underway in the Netherlands this week, testing roadways as a potential canvas to collect solar energy. Fittingly for the cycle-crazy Dutch, the first SolaRoad is a bike path not far from Amsterdam. The path is built of massive, Lego-like modules of solar panels embedded in concrete, each with heavy-duty glass … Continue reading Dutch test SolaRoad solar photovoltaic panels on bike path
Continue reading
Suzlon surpasses 1100 MW wind power milestone in Kutch, Gujarat
Suzlon Group, the world’s fifth largest wind turbine manufacturer, today surpassed yet another milestone by expanding the capacity of Asia’s largest wind farm at Kutch, Gujarat to 1100 MW. With this expansion, Suzlon now generates 1800 MW in Gujarat thus accounting for 20% of Suzlon’s total pan-India capacity of over 8250 MW. Commemorating this landmark … Continue reading Suzlon surpasses 1100 MW wind power milestone in Kutch, Gujarat
Continue reading
Offshore wind energy: Iberdrola wind farm in the UK with 108 wind turbines from Siemens
The 389-megawatt (MW) West of Duddon Sands offshore wind farm is the first such wind power commissioned by a Spanish company and will generate enough electricity to meet the annual demands of 280,000 homes. Today, the UK Secretary for Energy and Climate Change, Ed Davey, IBERDROLA Chairman, Ignacio Galan, and DONG Energy Executive Vice President, … Continue reading Offshore wind energy: Iberdrola wind farm in the UK with 108 wind turbines from Siemens
Continue reading
Global energy efficiency market ‘an invisible powerhouse’ worth at least USD 310 billion per year
The global energy efficiency market is worth at least USD 310 billion a year and growing, according to a new report from the International Energy Agency that confirms the position of energy efficiency as the world’s “first fuel”. The report also finds that energy efficiency finance is becoming an established market segment, with innovative new … Continue reading Global energy efficiency market ‘an invisible powerhouse’ worth at least USD 310 billion per year
Continue reading
