Australia Renewable Target Cuts Would Deter Investment, Say Manufacturers
Vestas Wind Systems A/S said scaling back Australia’s renewable energy target would cut the value of more than A$10 billion ($9.4 billion) in large projects across the industry and discourage international investors.
Ohio Ready To Halt Its Renewable Portfolio Standard
Ohio is debating the sharpest break from a three-decade campaign by 29 U.S. states to reduce reliance on fossil fuels by promoting power from renewable sources.
Japan Market for Small Geothermal Projects to Expand, Says IHI
IHI Corp., a maker of everything from aircraft jet engines to gas turbines, expects the market for small-scale geothermal projects to take off in Japan as the country seeks cleaner sources of energy.
Former Banker Will Now Oversee Renewable Energy in India
Indian Prime Minister Narendra Modi appointed a former banker to oversee coal, power and clean-energy reforms in a move aimed at resolving fuel bottlenecks and chronic blackouts hampering economic growth.
Is Natural Gas Sucking Investment from Renewable Energy?
U.S. President Barack Obama says natural gas can be a bridge from coal to a cleaner energy future. Investors are showing it’s more likely a bridge to nowhere.
Iceland Moves Closer to Powering European Homes With Geothermal Energy
Iceland is moving closer to plugging European homes into the volcanic island nation’s geothermal and hydropower reserves via what would be the world’s longest power cable, according to the country’s largest energy producer.
Japan Calls US Emissions Plan a Bold Step Away From Coal
Japan said the U.S.’s proposed cuts in greenhouse-gas emissions from its power plants is a bold step to tackle climate change.
World Energy Supply Requires $40 Trillion Investment by 2035, Says IEA
Meeting the world’s energy supply needs by 2035 will require $40 trillion of investment, as demand grows and production and processing facilities have to be replaced, the International Energy Agency said.
The U.S. and Canada can benefit from pioneering ocean energy work in the United Kingdom
The United Kingdom is known for its pioneering work in wave, tidal and ocean current energy. The U.S. and Canada have vast marine resources and would benefit from partnerships with UK companies in a number of ways, including building expertise, sharing lessons learned and fostering industry growth.
