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Investors see renewable energy looking good, nuclear energy looking crap

Renewable energy prospects rise with nuclear unease | EurActiv: 01 April 2011 Public unease about nuclear power after the Fukushima disaster is prompting renewed scrutiny of renewable power options by governments across the world. Following temporary moratoriums on the nuclear industry imposed in Germany and Switzerland, Japan is planning a review of energy options such as solar power.

China may double its target for photovoltaic activity, while Taiwan is also considering axing nuclear output. Investors are betting on an energy shake up, carrying world benchmark indexes to their highest in 14 months.

The global FTSE Cleantech index has spiked more than 8% since Japan’s earthquake struck on 11 March.The WilderHill New Energy Global Innovation index of alternative energy stocks has gained around 12%…….Whatever their exact outcome, the Fukushima events are likely to shift the energy policy balance toward renewables,” Pricewaterhouse Coopers (PwC) said in a report on 28 March.

Robin Batchelor, a fund manager at BlackRock in charge of $8.2 billion in energy-related funds, said that Fukushima might have brought renewables into focus for fund managers….Renewable energy prospects rise with nuclear unease | EurActiv

April 2, 2011 Posted by | 2 WORLD, renewable | Leave a comment

China to boost solar power, scale down nuclear?

China mulls to switch over to solar photovoltaics to scale down N-power  The Times of India | Mar 30, 2011, BEIJING: China is seriously considering to down size its massive expansion plan of nuclear plants in view of radiation crisis created by ruptured Japanese nuclear reactors and weighed option to double the target capacity of solar photovoltaics (PV) to meet future power requirements. Continue reading →

March 31, 2011 Posted by | China, renewable | 1 Comment

Renewable energy feed in tariffs for Botswana

Botswana sees renewable feed-in tariffs for 2012 Mar 30, 2011 JOHANNESBURG (Reuters) – Botswana will introduce renewable energy feed-in tariffs for electricity generation by March next year, a senior government official said on Wednesday.

Under such a scheme, renewable energy suppliers are paid for generating electricity to the country’s national grid….Botswana sees renewable feed-in tariffs for 2012 | Reuters

 

March 31, 2011 Posted by | AFRICA, renewable | 1 Comment

Private investment moving to renewables, rejects nuclear

The private sector is clearly moving rapidly in the renewable direction. Clean Edge, a research and advisory group, asserts that the clean energy market grew 35 percent in 2010, and global installation of photovoltaics doubled.

Renewing Support for Renewables, NYTimes.com By NANCY FOLBRE March 28, 2011, Nancy Folbre is an economics professor at the University of Massachusetts Amherst.

The biggest positive result of the accident at Fukushima Daiichi could be renewed public support for the development of renewable energy technologies. Many influential policy makers, including President Obama, continue to insist that we must expand nuclear power to help meet our energy needs. But plenty of experts disagree… Continue reading →

March 29, 2011 Posted by | renewable, USA | Leave a comment

Distributed energy makes more sense than nuclear, or any centralised system

there are also massive losses of energy as we step it down from the plant to the grid to our homes and buildings. Instead, why not build a far more distributed energy system (or at least invest only in distributed energy going forward)?

Does nuclear power make sense?, Huffington Post, 22 march 11 Who really knows what the outcome might be from the frightening breakdown of the Fukushima Daiichi Nuclear Plant ( the radioactive releases could go on for months)? But the speculation about what this means for a much-touted nuclear “renaissance” in the U.S. began in earnest last week. As the New York Times reported, “U.S. Nuclear Industry Faces New Uncertainty.”…. Continue reading →

March 22, 2011 Posted by | 2 WORLD, decentralised | Leave a comment

All Japan’s wind farms survived the earthquake and tsunami

Some of Japans nuclear capacity has, in effect, phased itself out- very painfully. It will be interesting to see if a new direction is now taken in Japan, and indeed elsewhere.

Phasing out nuclear in Japan, environmentalresearchweb, 21 march 11, All Japans wind farms evidently survived the recent disastrous quake and tsunami – even a semi-offshore one. With nuclear power’s reputation besmirched, following the spectacular failures at Fukushima, is that the way ahead for Japan? Continue reading →

March 22, 2011 Posted by | Japan, renewable | Leave a comment

Renewable energy can replace Germany’s nuclear power

German Green Industries Say Can Fill Nuclear Gaps Planet Ark 17-Mar-11 GERMANY Vera Eckert German renewable industry lobby BEE said on Wednesday it would be able to supply 47 percent of German power requirements by 2020, joining a debate on how to replace nuclear generation capacity. Continue reading →

March 18, 2011 Posted by | Germany, renewable | 1 Comment

Wind power more economic than nuclear

Generating energy from wind turbines at sea would be cheaper than building new atomic power plants, Europe’s climate chief has said, in the latest challenge to the crisis-stricken nuclear industry.

Wind power cheaper than nuclear, says EU climate chief , Connie Hedegaard says declining cost of offshore wind energy makes it genuine alternative to crisis-hit nuclear industry Fiona Harvey in Brussels and Terry Macalister * guardian.co.uk,  17 March 2011 Continue reading →

March 18, 2011 Posted by | EUROPE, renewable | Leave a comment

Rising revenues from renewable energy in USA

In 2015, the report asserts that projections will grow to US$87.3bn, capturing 21.8pc with a 7.7pc compound annual growth rate (CAGR) for revenues from renewable electricity generation…..

2010 revenues generated by renewable energy – US$60.2bn in the US, siliconrepublic.com, Carmel Doyle, 10 March 11,  “…..With renewable energy projected to increase by 40.4pc between now and 2015 in the US, Continue reading →

March 11, 2011 Posted by | business and costs, renewable, USA | Leave a comment

Wind, solar, race ahead – so WHAT “nuclear reaissance” is happening?

Ontario government…  investing in 40 additional wind and solar energy projects

it’s interesting to compare the global figures for how much nuclear, wind and solar power have been added over the last few years during what has been billed as a “nuclear renaissance.”

(Canada) Wind and solar power are leaving nuclear in the dust | Greenpeace International, 9 March 11, Keith Stewart, We often hear that wind and solar power are nice, but they can’t deliver the power that we need. So there were probably a few raised eyebrows last week when I was quoted (here and here) saying that “Wind and solar energy are the new Niagara Falls, as they can do a similar job of replacing polluting power from coal or nuclear plants to power a prosperous Ontario in the twenty-first century.” Continue reading →

March 10, 2011 Posted by | Canada, renewable | Leave a comment

European Union to save 10 billion Euro annually, through Renewable Energy

Nine countries (the Czech Republic, Germany, Spain, Lithuania, Hungary, Austria, Poland, Slovenia, and Sweden) currently expect to exceed their 2020 targets, and could therefore have a surplus available…..preliminary estimates indicate that across the economic bloc such measures could lead to 10 billion Euro in annual savings.  Image at left from Renewable Energy | Climatico

EU likely to meet 2020 renewable energy policy goals, London, England –— ESI-AFRICA.COM — 07 March 2011 – Latest figures on the progress of renewable energy in the European Union (EU) show that its 2020 renewable energy policy goals are likely to be met and exceeded, Continue reading →

March 8, 2011 Posted by | EUROPE, renewable | Leave a comment

Investor owned utilities increasing renewable energy in California

in aggregate, the investor-owned utilities (IOU) s will reach 20% of grid-connected renewable energy.before the end of 2012…..

CPUC Report Shows Good Progress In California’s Renewable Energy Deployment, SolarIndustryMag.com  07 March 2011 The California Public Utilities Commission (CPUC) says its most recent compliance reports suggest that the state’s three largest investor-owned utilities (IOUs) have continued to increase their share of grid-connected renewable energy. Continue reading →

March 8, 2011 Posted by | renewable, USA | Leave a comment

Missouri needs renewable energy credits from local area

Investments in homegrown renewable energy, such as wind, solar, and biomass can help stimulate the economy by redirecting funds into local economic development — funds that would otherwise leave the state.And the good news: This is already happening…….

Repeal of SCR1 would help producers of homegrown clean energy | Springfield News-Leader , 6 March 11, Missouri and other states across the country are realizing economic benefits by investing in local, renewable energy sources. Continue reading →

March 7, 2011 Posted by | renewable, USA | Leave a comment

Renewable energy giving financial security to U.S. farmers

The money saved by farmers with renewable energy was cheering too. Farmers in nearly every state reported savings on their utility bills. The savings were especially noticeable in New York, where, utility bill savings reported by respondents topped $5,000 for 2009.

Farmers Adding Much More Renewable Power Than Expected – CleanTechnica: Susan Kraemer 4 March 11, According to a new census from the USDA, farmers are reducing their costs by embracing renewable energy to power their operations in very unexpectedly big way. The use of renewable sources focused just on the use of solar panels, wind turbines, and methane digesters. Continue reading →

March 5, 2011 Posted by | renewable, USA | Leave a comment

Jamaica aims for renewable energy and energy efficiency

According to the PCJ, the seminars seek to foster behaviour change in energy use, encourage conservation measures, and support the increased adoption of energy efficient products and building practices….

Development of renewable energy sources top priority – Broderick, Jamaica Information Service, 4 March 11, Minister of State in the Ministry of Energy and Mining, Hon. Laurence Broderick has reiterated the government’s thrust towards the further development of renewable energy sources, while it also focuses on demand reduction……. Continue reading →

March 5, 2011 Posted by | OCEANIA, renewable | Leave a comment

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