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6 days ago      Leave a Comment
Dong Energy boss says falling price of renewables means they must power the electric car revolution or the environment will gain only a pyrrhic victoryThe rise of electric cars will be a pyrrhic victory for the environment if they are powered by fossil fuels instead of renewables, according to the UK boss of the world’s biggest offshore windfarm developer
UKGuardian Unlimited via Guardian Unlimited
2017-08-13 11:39:07
Wednesday, August 2nd, 2017      Leave a Comment
LONDON (Reuters) - Producers of "green" aluminum - made using renewable energy rather than fossil fuels - are starting to charge premium prices thanks to rising demand from industrial customers under pressure to reduce their carbon footprints.
UKReuters via Reuters
2017-08-02 07:26:25
Monday, July 31st, 2017      Leave a Comment
NEW YORK (Reuters) - Billionaire investor Carl Icahn's multimillion-dollar bet against U.S. biofuel prices is looking increasingly risky in the wake of a Friday court ruling that will likely boost the cost of complying with the program.
UKReuters via Reuters
2017-07-31 15:44:56
Wednesday, July 19th, 2017      Leave a Comment
Operator of UK’s largest power station says it plans to convert one of three remaining coal-fired units to gasThe operator of the UK’s largest power station has seen its share price slide after it posted a pre-tax loss of £83m in the first half of the year despite increasing earnings by 73%.Drax Group, which runs a coal and biomass plant in North Yorkshire, boosted its earnings to £121m from £70m last year, due to its acquisition of the business-to-business supplier Opus Energy
UKGuardian Unlimited via Guardian Unlimited
2017-07-19 04:33:16
Wednesday, July 12th, 2017      Leave a Comment
Labor criticises ‘appalling intervention’ by Craig Kelly, who is chair of backbench energy committeeRenewable energy will kill people this winter, Craig Kelly, the chair of the Coalition’s backbench environment and energy committee has claimed.
Kelly, a Liberal backbencher, said the deaths would be caused by people not being able to afford to heat their homes in winter
UKGuardian Unlimited via Guardian Unlimited
2017-07-12 17:21:55
Wednesday, July 12th, 2017      Leave a Comment
Government’s preferred choice of Oxford economist Dieter Helm is controversial owing to criticism of wind and solar powerAn academic who is a vocal critic of the price of renewable power is the government’s preferred choice to head a review of the financial cost of energy in the UK.Dieter Helm, an economist at the University of Oxford, has been chosen by the Department for Business, Energy and Industrial Strategy (BEIS) to carry out the review, the Guardian has learned
UKGuardian Unlimited via Guardian Unlimited
2017-07-12 12:05:09
Sunday, July 9th, 2017      Leave a Comment
Energy analysis firm RepuTex finds clean energy target going beyond that advocated by Finkel Review would keep prices down for longerThe more ambitious a clean energy target is, the lower Australian wholesale electricity prices will be, according to new modelling by energy analysis firm RepuTex.
The Finkel review, released last month recommended the government introduce a clean energy target (CET), which it found would cut emissions from the national electricity market and put downward pressure on both wholesale and retail prices
UKGuardian Unlimited via Guardian Unlimited
2017-07-09 13:00:30
Wednesday, July 5th, 2017      Leave a Comment
Christopher Jessop on why the UK is still backing nuclear power as others dump it; Andrew Warren on how energy efficiency can save us from the ‘energy gap’; Brian Price on the inaccuracy of a 2007 prediction by the head of EDFYou report (4 July) that the cost of Hinkley C power station has just bumped up £1
UKGuardian Unlimited via Guardian Unlimited
2017-07-05 13:44:36
Saturday, June 17th, 2017      Leave a Comment
As renewables play a greater role in the British market, they are making the price of power increasingly unstableAs the sun shone on millions of solar panels and unseasonable gusts turned thousands of turbine blades last Sunday, something remarkable happened to Britain’s power grid.For a brief period, a record 70% of the electricity for the UK’s homes and businesses was low-carbon, as nuclear, solar and wind crowded out coal and even gas power stations
UKGuardian Unlimited via Guardian Unlimited
2017-06-17 10:43:00
Thursday, June 8th, 2017      Leave a Comment
Report by the chief scientist, Alan Finkel, models a clean energy target that would reduce electricity emissions by 28% on 2005 levels Australia’s chief scientist says a new clean energy target will deliver lower power prices to consumers than the status quo, but his report also models a scheme with a low target for emissions reduction from the electricity sector
UKGuardian Unlimited via Guardian Unlimited
2017-06-08 23:09:17
Tuesday, June 6th, 2017      Leave a Comment
Falling solar and wind prices have led to new power deals across the world despite investment in renewables fallingRenewable energy capacity around the world was boosted by a record amount in 2016 and delivered at a markedly lower cost, according to new global data – although the total financial investment in renewables actually fell
UKGuardian Unlimited via Guardian Unlimited
2017-06-06 17:30:40
Monday, May 29th, 2017      Leave a Comment
LONDON (Reuters) - The cost of emitting carbon dioxide must rise to $50-$100 per tonne by 2030, much higher than the current price in Europe of less than $6, if countries are to meet climate pledges made under the Paris Agreement, economists said on Monday.
UKReuters via Reuters
2017-05-29 03:33:13
Friday, May 26th, 2017      Leave a Comment
Energy regulators say energy sector needs policy certainty before investment can grow, parliamentary committee toldThe uncertainty of Australia’s carbon policy is causing reduced investment, including in renewable energy, regulators have told a parliamentary committee.Officials from the Australian Energy Market Commission told the standing committee on the environment and energy on Friday that an emissions intensity scheme was the best solution to end uncertainty because it was technology neutral and could respond to variables such as high gas prices
UKGuardian Unlimited via Guardian Unlimited
2017-05-26 01:47:27
Sunday, May 21st, 2017      Leave a Comment
‘There is an acute danger of politicians panicking’ about energy demand and costs, Grattan Institute report warnsA new report has warned the Turnbull government the national electricity market is at “crisis point”, with rising energy prices for consumers and increasing concerns the grid cannot meet demand
UKGuardian Unlimited via Guardian Unlimited
2017-05-21 15:16:03
Wednesday, May 10th, 2017      Leave a Comment
Plummeting wholesale prices put the country on track to meet renewable energy targets set out in the Paris agreementWholesale solar power prices have reached another record low in India, faster than analysts predicted and further undercutting the price of fossil fuel-generated power in the country.The tumbling price of solar energy also increases the likelihood that India will meet – and by its own predictions, exceed – the renewable energy targets it set at the Paris climate accords in December 2015
UKGuardian Unlimited via Guardian Unlimited
2017-05-10 07:29:29