Archive for the ‘Clean Energy’ Category

IEA: 60% of $5 tn next-decade spend on powerplants will go to renewables.

December 2, 2014 Clean Energy, Coal, Finance, Gas, Nuclear

Bloomberg: “While OPEC is helping drive down global prices for crude, it’s having less success squeezing the $250 billion clean power industry.”

E.ON to quit gas and coal and focus on renewable energy.

December 1, 2014 Clean Energy, Climate, Coal, Gas, Oil

Guardian: “Germany’s biggest utility firm, E.ON, has announced plans to split in two and spin off most of its power generation, energy trading and upstream businesses, responding to a crisis that has crippled the European energy sector.”

India now seeks 100GW of PV by 2022.

November 21, 2014 Clean Energy

Bloomberg: “India said its renewable-energy industry must eventually learn to live without government support and that it’s seeking to generate five times more power from solar by 2022 than its previous target.”

China climate pledge would require 50,000 solar farms.

November 21, 2014 Clean Energy, Climate, Nuclear

Bloomberg: China, which does nothing in small doses, will need about 1,000 nuclear reactors, 500,000 wind turbines or 50,000 solar farms as it takes up the fight against climate change.”

‘Solar century’ beckons as costs continue to fall – UK energy secretary.

November 18, 2014 Clean Energy

PV Tech: The UK’s energy and climate change secretary, Ed Davey, has said he believes solar power is on course to become the cheapest form of energy.”

UK’s lithium-titanate battery en route to industrial-scale energy storage?

November 14, 2014 Clean Energy

Guardian: “Across the world, efforts are underway to improve the way we store and distribute energy, as we move towards more sustainable but intermittent forms of energy generation, such as wind and solar power.”

Coal isn’t the way out of energy poverty: Carbon Tracker report.

November 13, 2014 Clean Energy, Climate, Coal

Carbon Tracker press release (no url): “Rural communities in Africa and India suffering most from a lack of modern energy can exploit the falling costs of renewable power, to access electricity without the need for expensive grid transmission networks, new research by the Carbon Tracker Initiative (CTI) shows.”

China targets 8 GW of rooftop solar this year.

November 13, 2014 Clean Energy, Climate, Coal

Bloomberg: ” China, the world’s biggest solar market for two years running, is pushing to install more panels at factories, schools and even greenhouses as it seeks to meet its goals under a historic climate agreement with the U.S.”

Breathing space from non-OPEC oil output is “illusory”.

November 13, 2014 Clean Energy, Climate, Gas, Oil

Mark Lewis for Kepler Cheuvreux (no url): “The IEA yesterday released its 2014 World Energy Outlook (WEO), the annual benchmark reference document for energy-market practitioners.”

BMW “likely to phase out internal combustion engines over next 10 years.”

November 8, 2014 Clean Energy

EV News: “During a recent interview with , mutual fund manager Ron Baron of Baron Capital revealed that two of his analysts recently visited BMW in Germany and the BMW financial team believes that a “revolution in the drive train is underway.”

UK solar PV companies lose case against government.

November 7, 2014 Clean Energy

PV Magazine: “Four British solar companies have seen their attempt to sue the government over its controversial decision to close the Renewable Obligation (RO) scheme for solar two years early dismissed by the High Court.”

India plans $100bn of renewables investment by 2020.

November 6, 2014 Clean Energy

FT: “India will need $250bn of investment in power generation and transmission over the next five years to meet its goal of doubling electricity output and connecting everyone to the grid, according to the new government.

“Fracking’s mythology is single biggest threat to the solar revolution.”

November 5, 2014 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Oil

Jeremy Leggett in Recharge magazine: “There are days of late when the solar revolution seems to be an inevitability, and an imminent one.
When one reads that by 2020 an “energy trio” purchase of solar roof plus electric vehicle plus domestic battery will be able to pay for itself within six to eight years, while giving a 7% pre-tax return on investment, how could it be otherwise? Especially when that prognosis comes from a team of analysts at the world’s biggest private bank. Such developments, UBS says, will change the face of the energy industry.
But then there are days when the vehemence of the incumbency’s rearguard action is so daunting that one wonders if Big Energy can delay the solar revolution, maybe for years, or even derail it.”

Storage will soon replace simple cycle combustion turbine peaker plants.

November 5, 2014 Clean Energy, Gas “Power grids need extra generating capacity to work properly. For example, about 20 percent of New York State’s generation fleet runs less than 250 hours a year. Because they don’t run much, “peaker plants” are by design the cheapest and least efficient fossil generators.”

“One Trillion Tonnes and $5 Trillion: Thoughts on IPCC Synthesis Report.”

November 3, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil

Mark Lewis for Kepler Cheuvreux (no url): “….The (IPCC) Synthesis Report states that if the world is to stand a better than even chance  of limiting warming  to no more than 2°C, only about one trillion tonnes of CO2 more can be emitted from 2011 onwards (the precise amount will depend on emissions trends for other GHGs).”

CO2 budget 1.1 tn tons, & fossil-fuel subsidies exceed reductions spend.

November 3, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil

Bloomberg: “The world can only consume a fraction of the known deposits of fossil fuels if it’s to avoid the most dangerous effects of climate change, according to the biggest assessment of the issue.”

IPCC 1990 – 2014: a quarter century of The Carbon War.

October 31, 2014 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Oil

Jeremy Leggett on the Greenpeace Energy Desk: “When the Intergovernmental Panel on Climate Change completed its First Assessment Report in 1990, almost a quarter of a century ago, I worked for Greenpeace as a climate campaigner.”

Storage not needed until renewables are 60% of German power: Agora.

October 30, 2014 Clean Energy “Until recently, the going orthodoxy among supporters of Germany’s Energiewende, or clean energy transition, was that storage capacity for electricity was vital to expanding renewables in Germany’s power supply.”

Swiss group Alevo announces $1 bn investment in battery manufacturing.

October 28, 2014 Clean Energy

Guardian: “Could a long-vacant cigarette factory in North Carolina build the rechargeable battery that will unlock the future of the clean energy economy?”

EU leaders agree to cut greenhouse gas emissions by 40% by 2030.

October 24, 2014 Clean Energy, Climate, Coal, Gas, Oil

Guardian: “European leaders have struck a broad climate change pact obliging the EU as a whole to cut greenhouse gases by at least 40% by 2030. But key aspects of the deal that will form a bargaining position for global climate talks in Paris next year were left vague or voluntary, raising questions as to how the aims would be realised.”