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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”. ADNFCR-1235-ID-800065706-ADNFCR Wales ‘poised for £50 billion of renewable energy investment’ – Low Carbon Economy

September 16, 2010 Posted by | renewable, UK | , , , , , , | Leave a comment

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 →

September 15, 2010 Posted by | 2 WORLD, renewable | , , , , | Leave a comment

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 →

September 11, 2010 Posted by | China, renewable | , , , , | Leave a comment

Renewable energy 17%, nuclear 2% in new generation since 2000

Globally, the shift to clean energy sources has been gradual. Since 2000, nearly a third of new power generation has come from burning coal. Another third has been fired by natural gas – less greenhouse gas-intensive, but still a fossil fuel. Carbon dioxide-free energy sources have made up less than one fifth of the new generation. Of that, 17 per cent has been renewable energy – largely solar, wind and hydroelectricity…….Nuclear power, the largest source of installed low-carbon energy, has declined markedly since the 1980s and made up just 2 per cent.

Nuclear power, the largest source of installed low-carbon energy, has declined markedly since the 1980s and made up just 2 per cent.

Limit on climate, and the catch, The Age, Adam Morton, September 10, 2010 Continue reading →

September 10, 2010 Posted by | 2 WORLD, business and costs | , , , , , , , , , , , | Leave a comment

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 →

September 10, 2010 Posted by | China, renewable | , , , , , , | Leave a comment

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 →

September 10, 2010 Posted by | renewable, UK | , , , , , | Leave a comment

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 →

September 9, 2010 Posted by | China, renewable | , , , , , , , | Leave a comment

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 →

September 7, 2010 Posted by | France, renewable | , , , , , , , | Leave a comment

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 →

September 7, 2010 Posted by | Germany, renewable | , , , , , , | Leave a comment

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 →

September 7, 2010 Posted by | 2 WORLD, renewable | , , , , | Leave a comment

Solar energy market picks up with UK’s Feed-In Tariffs

sales of photovoltaic (PV) solar panels to homeowners and commercial sector firms have increased markedly since the new feed-in tariff drive began earlier this year.

(UK)  Feed-in tariffs tipped to boost energy saving technology, Rapid Electronics , 7th September 2010 An expert has suggested that the government’s latest scheme to boost the production of renewable electricity could lead to a surge in the number of people adopting energy saving technology. Continue reading →

September 7, 2010 Posted by | general | , , , | Leave a comment

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 →

September 7, 2010 Posted by | China, renewable | , , , , , | Leave a comment

Energy industry heading towards Wind, away from Nuclear

Exelon’s actions often foreshadow where the energy industry is headed…..the momentum for the much-touted nuclear renaissance has slowed to a crawl

(USA) What Exelon’s Wind Energy Buy Means For the Future of Nuclear Power, BNET, By Kirsten Korosec | September 1, 2010 Exelon (EXC) announced this week it was buying John Deere Renewables for as much as $900 million, a purchase that marks the company’s entrance into the wind generation business and suggests its lack of confidence in a nuclear energy renaissance. Continue reading →

September 2, 2010 Posted by | ENERGY, USA | , , , , , , | Leave a comment

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

August 31, 2010 Posted by | renewable, USA | , , , , , | Leave a comment

Germans keen for renewable energy, not nuclear

Merkel faces uphill nuclear energy battle, THE PoliJAM TIMES, BERLIN, Aug. 30 (UPI) –– Opposition is growing to plans announced by German Chancellor Angela Merkel to extend the life of the nation’s nuclear power plants, protests indicate. Nearly 200 supporters of the environmental group Greenpeace protested Merkel as she toured nuclear power plants across the country last week.

Groups opposing nuclear power plans for the country said they would have large-scale protests Sept. 18 in Berlin, the Platts news service reports……
Merkel last week was met with opposition by lawmakers who said the nuclear plants weren’t needed to expand the renewable energy sector for Germany. Critics say energy efficiency measures could reduce consumption in the country by as much as 2 percent per year, cutting emissions by nearly 100 million tons through 2020……..Merkel faces uphill nuclear energy battle

August 31, 2010 Posted by | general | , , , , | Leave a comment

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