Ukraine Crisis May Spur EU Clean Energy Policies, Neste Oil Says
Europe’s concern about its reliance on Russian fossil fuels may spur governments to prioritize alternative energy, the head of Neste Oil Oyj said.
Japan Installs 11 GW of Renewable Energy in Two Years
Japan has added 11,090 megawatts of clean energy capacity since July 2012, when it began an incentive program to encourage investment in renewables, according to the Ministry of Economy, Trade and Industry.
EU Seeks Faster Renewable Energy Integration Amid Crisis in Ukraine
The European Union is seeking to speed up the creation of a common energy market to help its shift to a low-carbon economy and boost security of energy supplies amid a natural-gas dispute between Russia and Ukraine.
KenGen Plans Joint Ventures for Kenyan Geothermal Power Projects
Kenya Electricity Generating Co., the East African nation’s biggest power producer, plans joint ventures to complete its geothermal projects in Olkaria, Chief Executive Officer Albert Mugo said.
EU Nations Mull Funds to Aid Clean Energy in 2030 Climate Deal
European Union governments are considering the use of carbon-permit funds to help finance clean technologies and spur poorer nations toward a low-carbon economy under a planned deal on 2030 climate and energy policies.
Germany’s Clean Electricity Costs Decline for First Time
German electricity consumers will for the first time see a drop in the fee added to their bills to fund renewables, a boost for Chancellor Angela Merkel, who has pledged to curb the cost for voters.
UK Green Bank Set to Draw Offshore Wind Investors to $1.6 Billion Fund
The U.K. Green Investment Bank is set to tie up the first investments in a $1.6 billion fund by the end of March, part of Britain’s push to cement its dominance in offshore wind power.
Australia Seeks to Reduce Renewable Energy Target to ‘Real’ 20 Percent
Prime Minister Tony Abbott’s government will negotiate with the opposition to cut Australia’s renewable energy target and exempt industries such as aluminum and copper smelting.
Are Environmental Regulations Causing US Utility Bills to Surge?
U.S. electricity markets face years of higher prices as clean-air regulations shut more coal-fired power plants than earlier forecast, cutting supply and forcing producers to rely more on natural gas.