Day: February 4, 2019
Carbon Emissions Stop Rising for First Time in 40 Years
Global emissions were unchanged last year, the first time that’s happened amid economic growth in four decades, according to the International Energy Agency.
Chile Gets Cleaner at a Profit with Renewable Energy Push
Policies favoring clean energy and increased competition would normally dim prospects for existing producers. Not in Chile, where foreign investors are driving a renewable boom at a time of surging returns by local utilities.
From the Fossil-Fuel Center of the World, A Call for Renewables and Energy Efficiency
In a must-read report released this week on fast-changing energy markets, the National Bank of Abu Dhabi signals a once-in-a-lifetime opening for investors in Middle Eastern renewables and energy efficiency.
The Big Question: Where Do You See Renewable Energy Growth Potential in 2015?
The annual outlook issue of Renewable Energy World magazine is our attempt to predict what will happen within the renewable energy industry over the course of the year. To do this, we went straight to the top of major renewable energy companies, asking CEOs and presidents to tell us where they are…
What Business Are Electric Utilities In?
Many businesses can now perform the traditional functions of an electric utility — provide affordable, reliable, resilient power to homes and businesses. The barriers to entry in the business have fallen. For instance, a home with rooftop solar panels, batteries, and gas-based generators may choose…
Tesla, Toyota, and Open Patents: The Hype and the Hope
In recent months, a veritable open patent war has erupted between Tesla Motors and Toyota. Both companies have been widely cited in the industry and financial press for their respective announcements opening up their electric vehicle (Tesla) and fuel cell (Toyota) patents. Tesla CEO Elon Musk…
UK Low-Carbon Contract Winners Revealed: Wind Scores, Solar Disappoints
The first round of the Contracts for Difference (CfD) programme — the UK scheme that is designed to support low-carbon generation and a capacity margin in the energy sector — has concluded. Contracts were offered to 27 renewable electricity projects with a total value of some £315 million (US$500…
Iberdrola Agrees to Buy UIL for $3 Billion to Expand US Renewable Business
Iberdrola SA, Spain’s largest electricity company, agreed to buy UIL Holdings Corp. in a deal valued at about $3 billion in cash and shares to create a U.S. utility with about 3.1 million customers.
European Commission Unveils Draft Energy Strategy
The European Commission has unveiled “A Framework Strategy for a Resilient Energy Union with a Forward-Looking Climate Change Policy,” which is a key plank in the development of its plans for Europe’s energy sector through 2030.
Market Forces Signal Clean Energy’s Watershed Moment
Business leaders have an important decision to make this year: to continue operating under the status quo or to join the list of successful companies creating a more sustainable future by contracting or investing in renewable energy and making a positive impact on their brand, customers, employees…