EU Leaders Said to Delay Decision on 2030 Targets for Emissions
European Union leaders intend next month to agree on a timeline for developing energy and climate targets for 2030, delaying a final decision on the polices, according to two people with knowledge of the matter.
Iceland, Japan Can Cooperate to Boost Geothermal, Minister Says
Iceland and Japan, two nations rich with underground sources of renewable energy, can tackle climate change together by promoting the use of geothermal power, Iceland’s environment minister said.
Musk Says Renewable Energy Shift to Bring ‘Strife’ for Utilities
Tesla Motors Inc. Chief Executive Officer Elon Musk said shifting to greater use of solar and wind power will challenge utility companies.
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.