Day: February 4, 2019
UK Conservative Victory Sparks Climate and Renewable Energy Concerns
The surprise Conservative victory in the recent UK elections have some worrying about the future of renewable and climate progress, but officials are now calming those fears.
Carbon Market Overhaul Closer After EU Lawmakers Approve Plan
European Union negotiators are endorsing an accelerated overhaul of the bloc’s carbon market after the price of emission rights fell to levels that fail to deter polluters.
Summers’ Law Strikes Again
Lawrence Summers famously wrote, “there are idiots, look around” in an attack on the theory that markets are rational. What some have called “Summers’ Law” certainly applies to the markets’ response to the slide in the price of oil as it relates to stocks of renewable energy companies.
Why Fracking May Support Renewables
Hydraulic fracturing, or fracking, is shunned by the environmentalists that laud renewable energy sources. However, by not supporting both initiatives, they may be working at cross purposes. Natural gas, booming largely because of fracking, complements renewable energies on the grid. The two…
Engineering Possibilities Versus Practical Implementation: Utility Portfolios and Business Models
Europe’s utilities are re-evaluating their business models due to the energy transition. Members of POWER-GEN Europe’s Advisory Board consider how a reliance on fossil fuels is no longer politically desirable, forcing utilities to transform their portfolios to adapt to radical change.
New World Bank Report: Chinese Clean-tech SMEs Embrace Opportunities
The World Bank indicated in its new report "Building Competitive Green Industries: The Climate and Clean Technology Opportunity for Developing Countries" that small and medium-sized enterprises (SMEs) in developing countries are set to undergo significant growth and create more jobs in the field of…
Japan Anticipates Clean Energy Will Edge Out Nuclear Power
Japan anticipates that by 2030 clean energy such as solar and hydro will generate slightly more of the nation’s electricity than nuclear power plants.
US Power Grid’s $2 Trillion Upgrade Needs European Efficiency
A $2 trillion push in the U.S. to blend renewable energy into the power supply and fortify transmission lines against extreme weather means that Americans must act more like Europeans to keep their power costs down.
Egypt’s Renewable FiT Program Gains Traction
The Government of Egypt has said that it must invest US$12 billion in the electricity sector over the next five years in order to meet that country’s urgent electricity demands — and renewable energy will be a key component.
The New Normal? Renewables, Efficiency, And “Too Much Electricity”
Just over a decade ago, the state of California faced serious concerns about whether its utilities could generate and/or buy enough power to assure that the world’s seventh-largest economy could keep the lights on. The infamous California energy crisis, which affected several other western states…