Wales has natural advantage to develop 100% renewable energy
Wales ‘poised for £50 billion of renewable energy investment’, Low Carbon Economy9/15/2010 Wales could receive significant benefits from the development of the renewable energy industry, according to the Welsh Assembly Government (WAG).Speaking at an energy summit in Tredegar, first minister Carwyn Jones, said that the government would be working closely with industry to encourage the development of low carbon energy sources.
“The next 15 years could see some £50 billion plus of investment in energy projects in Wales,” Mr Jones said……By the year 2050 at the latest, the assembly government hopes to produce all electricity, heat and transport energy needs from renewable sources, which it claims can be achieved because of “Wales’ natural advantages”.
Wales ‘poised for £50 billion of renewable energy investment’ – Low Carbon Economy
A new renewable energy economy idea from World Bank
the World Bank, which is a bank first and foremost, is the right place to build that next economy
Signs of Energy at the World Bank – NYTimes.com
September 14, 2010, By ANDREW C. REVKIN quotes Daniel Kammen, chief technical specialist for renewable energy and energy efficiency at the World Bank.…..”The biggest hurdle is we still don’t value financially the environmental and social damage we’re doing with our current fossil-fuel economy. The economist’s term for that is “the externalities” – the things we’re not including in our calculus. Everything from the negative impacts of floods, sea-level rise, drought. I would like to think that at a place like the World Bank, which is focused on the bottom line, we have a natural advantage in terms of putting a price on many of these social and environmental damages. And, after all, if a banker can’t focus on the bottom line, who can?… Continue reading
China the ideal choice for renewable energy investors
Government backing, a growing market and flowing capital make China the ideal choice,
China Named Best Place To Invest In Green Energy NuWire INVESTOR September 10, 2010 by:Kerri Shannon China has taken over the top spot on the latest list of top countries for green energy investment, beating out the US, Germany and India. Continue reading
China winning the clean energy export race
The Chinese clean energy technology production model is excellent, say analysts, who point out that it is now being exported around the globe.
China gives the world a sound – and clean – energy wake-up call, The Daily Maverick, 10 Sept 10, :Despite lingering Western hubris about China being the big lumbering lummox of the 21st century desperately playing catch-up, the world’s most populous nation is leaving the rest of world far behind in the race to create clean energy. Continue reading
Urgent need for UK govt action on renewable energy
to secure the necessary infrastructure investment – which is estimated at up to £150bn – the Government must move quickly to finalise the regulatory arrangements for transmission of electricity from offshore wind farms to the onshore grid.
Lord Turner: ‘We must act now to meet energy targets’. By Sarah Arnott, 10 September 2010 The Independent Lord Turner, the chairman of the independent Committee on Climate Change (CCC), is calling for a “step change” in government policy if Britain is to meet its 2020 renewable energy targets. Continue reading
China outpacing the world in renewable energy investment
In the second quarter of 2010, China attracted $11.5 billion in asset-financing for clean technologies, more than Europe and the U.S. combined, according to Bloomberg New Energy Finance.
China Supplants U.S. at Top of Ernst & Young Ranking for Renewable Energy, Bloomberg, By Alex Morales – Sep 9, 2010 China overtook the U.S. to lead a quarterly index of the most attractive countries for renewable energy projects for the first time, according to a list compiled by the global accounting firm Ernst & Young. Continue reading
First step for France to turn from nuclear to renewable energy
this may help chart a new developmental roadmap for the French energy industry, which has until now focused primarily on nuclear energy.
French government to tap potential for renewable energy, istockanalyst.com, 6 Sept 10, France has unveiled a new renewable energy investment program which will see its government provide E1.35 billion to support the development of cutting-edge clean energy technologies. Continue reading
Prolonging Germany’s aging nukes threatens renewable energy development
Germany’s largest utilities are focusing on wind power as their preferred renewable energy technology, while households and farmers are tapping solar energy to earn above-market rates for electric power.
Germany’s Extension for Nuclear Power Threatens Offshore Wind Investments, Bloomberg, By Jeremy van Loon – Sep 7, 2010 The German government’s plan to extend the phase-out of nuclear power risks hampering investment in offshore wind turbines, a technology that may provide much of the country’s renewable energy by the middle of this century. Continue reading
Smart grids part of the move to renewable energy
Large companies such as Switzerland’s ABB, a rival of Germany’s engineering giant Siemens, say smart grids are a huge trend in the energy sector…….
Smart grids play key role in modern energy infrastructure. | Deutsche Welle | 06.09.2010, How do you ensure a steady supply of electricity from fickle renewable sources such as solar, wind and biomass? ‘Smart grids’ that manage and distribute flows of electricity could be the answer. Continue reading
Unstoppable move to renewable energy offers investment promise
“with the needs for energy security and energy demand from countries like China, the move to renewables is unstoppable, and you’re increasingly seeing renewable energy companies that are good value,”
China Goes Green, Keeps Bankers and Investors Busy – WSJ.com. By NISHA GOPALAN, 6 sept 10, Propelled in part by the backing of powerful Beijing bureaucrats, green-themed Chinese companies are set to reap billions of dollars from public offerings to new investors in coming months…. Continue reading
Moving into wind energy – away from nuclear power?
the decision left the country’s largest nuclear operator without a direct role in what the nuclear industry hopes is a renaissance…
Exelon withdrew its application for a construction and operating license for a twin-unit nuclear plant in Victoria County, Tex.,….
A Nuclear Giant Moves Into Wind, NYTimes.com, By MATTHEW L. WALD, August 31, 2010, John Rowe, chief executive of Exelon.Exelon Corporation John Rowe, chief executive of Exelon.Exelon, a nuclear giant that recently backed away from building new nuclear plants, is moving into wind. Continue reading
USA using less fossil fuels, and more renewables
Hey kids, we used less energy and more renewable tech in 2009! | ZDNet, By Heather Clancy | August 30, 2010, Well, here’s a refreshing bit of news for a Monday afternoon: A new data set released by the Lawrence Livermore National Laboratory reports that we used a lot less coal and petroleum last year, compared with 2008. Meanwhile, there were demonstrable increases in the use of renewable energy sources, especially generation systems based on wind technologies.
The researchers attribute the decrease in coal and petroleum use to lower electricity demand, a shift to natural gas as a fuel source, and wind power production offsets……Hey kids, we used less energy and more renewable tech in 2009! | ZDNet
Desert solar farms could use self-cleaning solar panels
The researchers found that 90 percent of deposited dust can be removed by the transparent screen in fewer than 60 seconds.
Self-cleaning solar panels could find use in the dusty environs of Arizona, the Middle East or Mars, Scientific American, By Larry Greenemeier, Aug 22, 2010, The best places to collect solar energy are also some of the dustiest on Earth and beyond, a quandary that leads to inefficiencies in how well the cells are able to convert strong sunlight into renewable electricity. The solution, according to new research, is to coat solar cells with material that enables them to chase away dirt particles on their own with the help of dust-repelling electrical charges. Continue reading
Renewable energy growth outpaces coal, gas and nuclear
Both the US and Europe added more renewable power capacity in 2009 than they added coal, gas, and nuclear capacity. Globally, 80,000 megawatts of renewable capacity was added, with China adding nearly half the total
Renewable Energy Investment is Growing – 24/7 Wall St., Paul Ausick, 21 Aug 2010, An international policy network called the Renewable Energy Policy Network for the 21st Century, or REN21, has released its global status report for 2010. Continue reading
Huge tidal energy project successfully started
Tidal energy has the potential to be a billion dollar industry in Maine within the next seven to ten years, creating hundreds of jobs.
Largest Ocean Energy Device Ever Installed In U.S. Waters Generates Electricity at Design Capacity Advanced Technology Revolutionizes the U.S. Ocean Energy Industry Renewable Energy World, August 18, 2010, PORTLAND, ME, Ocean Renewable Power Company (ORPC), an industry leader in tidal, river and deep-water ocean current energy technology and projects, announced today that its Beta Power System, the largest ocean energy “power plant” ever installed in U.S. waters, has successfully generated grid-compatible power from tidal currents at its Cobscook Bay site in Eastport, Maine…….. Continue reading
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