Energy Price Concerns Resonate in EU Talks on 2030 Climate Goals
The European Union should ensure that future climate and energy policies do not undermine the competitiveness of its industry, already weakened by a price gap with the U.S., the bloc’s member states said.
Renewable Energy in MENA Area to Double Next Year, Desertec Says
Clean energy assets in the Middle East and North Africa will more than double in capacity by the end of next year, the Dii GmbH industry association said.
Reykjavik to Start Drilling on $2 Billion Ethiopia Geothermal Project
Reykjavik Geothermal, the Icelandic power-plant builder, plans to begin drilling in Ethiopia by July as part of a $2 billion project to develop the renewable energy source, Chief Operating Officer Gunnar Orn Gunnarsson said.
Will UK Carbon Emission Rules Lead to Energy Shortages?
The U.K. risks power shortages because utilities may react to Europe’s toughest carbon emissions rules by closing plants without replacing them.
Germany’s $2.8 Billion Power Link With Norway Threatened
Talks between Germany and Norway about how to boost the trading of electricity from renewable sources are being held up by concerns that the power cable running under the North Sea won’t ever make money.
UK Renewable Electricity Generation Rose 28 Percent in 2013
U.K. renewable power generation rose 28 percent last year as more wind farms and solar plants came online, the Department of Energy and Climate Change said.
Clean Energy Investment Rises in Several Countries Amid Global Decline
Three G-20 nations saw an increase in clean-energy investments last year even as funding declined globally for the second consecutive year, according to The Pew Charitable Trusts.
Japan Energy Policy Stops Short of Setting Renewables Targets
Prime Minister Shinzo Abe’s government stopped short of setting goals for renewable energy in the final version of a draft plan that reinforces atomic power’s role in Japan’s energy future, calling it a vital source of generation.
Utilities Threatened by Competitive Renewable Energy Growth
Technology is catching up with Thomas Edison’s electricity industry, eating away at the utility business model that hasn’t changed much in a century.
Capital for Clean Energy Easier to Find as Investors Seek Simplicity
Simplifying finance vehicles for renewable energy will lure more investors and lower the costs of capital.