Archive for the ‘Clean Energy’ Category

Advanced biofuels company warns oil lobbying may smother industry.

October 17, 2014 Clean Energy

FT: “The US risks killing off its nascent advanced biofuels industry as soon as it is launched because of inadequate support from regulations, the chief executive of one of the sector’s leading companies has warned.”
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India announces 15GW of new new solar in next 5 years.

October 16, 2014 Clean Energy

REW.com: “The federal government of India announced the largest of its National Solar Mission (NSM) programmes to date — 15,000 MW over the next five years.”
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Putin strengthening China-Russia ties for renewable energy development.

October 16, 2014 Clean Energy

REW.com: “China has encroached so strongly into Russia this year — a shift meant mainly to mollify the U.S. impact on the countries’ economic interests and the world stage — that the dominance made even prominent Russians fearful of the Asian giant.”
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Germany’s clean energy costs decline on domestic bills for the first time.

October 15, 2014 Clean Energy

REW.com: “German electricity consumers will for the first time see a drop in the fee added to their bills to fund renewables, a boost for Chancellor Angela Merkel, who has pledged to curb the cost for voters.”
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“Welcome to the energy transition”: Times special report.

October 15, 2014 Clean Energy, Climate, Coal, Commentaries, Gas, Oil

The Times: “It is tempting to be selective and take sustainability success stories, such as the positive climate stance of President Obama, Rockefeller Foundation divestment, and record-breaking solar power generation in China and Germany, as evidence of a global tipping-point moment for the clean and green agenda.”
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Giant battery unit aims at renewable-power storage holy grail.

October 14, 2014 Clean Energy

Bloomberg: “At a windy mountain pass on the edge of the Mojave Desert, North America’s most potent collection of batteries used for storing unused power is humming its way toward an electricity revolution.”
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Mining companies lobby G20 leaders to back coal as future of energy.

October 14, 2014 Clean Energy, Climate, Coal

Guardian: “Mining companies are campaigning for the G20 leaders’ meeting to support continued use of coal as a solution to the global “energy poverty” crisis, as Australia resists the inclusion of climate change on the formal agenda.”
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Investors desert Desertec plan for huge solar farms in desert.

October 14, 2014 Clean Energy

Guardian: “An ambitious project to harness and export solar power generated in Middle East and African deserts has all but folded after the withdrawal of most of the Desertec Industrial Initiative’s shareholders.”
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EU subsidies: for every € going to solar, 0.67 goes to coal.

October 13, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil

EU Press release: “The functioning of energy markets and the size and effect of government interventions has been the subject of debate for years. To date however, a consolidated dataset for government interventions in the power market of the European Union has been missing.”
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Japan’s utilities turn on solar, threatening industry’s prospects.

October 9, 2014 Clean Energy, Coal, Gas, Nuclear

Bloomberg: “After spending almost $30 billion on solar energy in a single year and installing as many panels as exist in the whole of Spain, Japan is preparing to ratchet back its boom in photovoltaic power. At least five of the nation’s utilities are restricting the access of new solar farms to their grids.”
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Solar and wind cost may fall to level for coal by 2020s, study says.

October 7, 2014 Clean Energy, Coal, Finance

Bloomberg:  ”The cost of solar and onshore wind power may fall to the same level as generation from fossil fuels by the 2020s, energy consultant Poyry Oyj (POY1V) said in a report.”
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Austrian lithium projects seeks IPO as drive for EVs grows.

October 5, 2014 Clean Energy

FT: “….Several deals this year have suggested increased investor interest in lithium, and Tesla’s plans have focused fresh attention on sources of supply.”
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Environmentalists’ appeal to foundations on climate: the full case.

October 2, 2014 Clean Energy, Climate, Coal, Commentaries, Finance, Gas, Oil
Jeremy Leggett in Recharge magazine: “Imagine two armies lining up for a make-or-break battle in a civil war. Envisage a group of financiers, worth hundreds of billions, most of whom want a certain side to win.”
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Renewables spending on the increase after two years of decline – except EU.

October 2, 2014 Clean Energy, Finance

Bloomberg: “About $175 billion was spent globally on renewable energy projects during the first three quarters, up 16 percent from the same period last year, with Chinese solar investment at a record, according to a Bloomberg New Energy Finance report.”
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Big Six energy giants ‘will lose a quarter of their customers’ by 2020.

October 1, 2014 Clean Energy, Coal, Finance, Gas, Nuclear

Telegraph:  ”The Big Six energy suppliers will lose a quarter of their customers by 2020 as millions of households switch to cheaper rivals, leading analysts have forecast. The least competitive of the major suppliers are likely to quit the market altogether in a radical shake-up of the energy sector, according to analysts at Citigroup.”
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Solar market poised for growth in India with solar champion as PM.

September 30, 2014 Clean Energy

Guardian: “From the observation tower in the Thar desert and as far as the eye can see, the dark blue arrays of a million solar panels can be seen sitting silently on the red dust. The Charanka solar park in Gujarat is an “ultra-mega” power project – the Indian government’s phrase – and the biggest in Asia.”
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UBS: Divestment will catalyse “significant, structural” change in energy.

September 30, 2014 Clean Energy, Climate, Coal, Finance, Gas, Oil

UBS Global Research (no url, paper for clients): “Following on a series of recent meetings with our clients, we highlight the fossil fuel disinvestment campaign as potentially effective movement, defined as one that will act as a catalyst for change.”
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Renewable energy curb by Japanese utilities could force a nuclear restart.

September 29, 2014 Clean Energy, Nuclear

FT: “Two Japanese utilities, responsible for about a fifth of the nation’s power, say they have had their fill of renewable energy, in a move that could add pressure on community leaders to allow idled nuclear reactors back on line.”
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UK government suppresses data on the size of growing green industries.

September 29, 2014 Clean Energy

Guardian: “….You might think that burying good news, on the other hand, was bonkers. Yet that is exactly what the George Osborne has done with the UK’s booming green economy, exemplified once again in his speech to the Conservative Party conference on Monday. But not content with just putting the green economy in the shade, I can reveal that the coalition has even decided to stop collecting its statistics on the fast-growing sector.”
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Solar power world’s top electricity source by 2050, at 27% of mix: IEA.

September 29, 2014 Clean Energy

Guardian: “Solar energy could be the top source of electricity by 2050, aided by plummeting costs of the equipment to generate it, a report from the International Energy Agency (IEA), the West’s energy watchdog, said on Monday.”
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