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....The control room tweeted the predicted milestone, adding that it is also set to be the first 24-hour coal-free period in Britain. The UK has had shorter coal-free periods in 2016, as gas and renewables such as wind and solar play an increasing role in providing the country with power. ... [Read full article on Guardian ]
Friday 21st of April 2017 11:11:37 AM
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.... . It comes after years of moving to less-polluting natural gas and renewables - though demand for power also tends to be lower on Fridays. ... [Read full article on BBC ]
Friday 21st of April 2017 03:45:43 PM
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Latest Finance News related to Renewables

UK set for first full day without coal power image
Source : BBC [Read Article] Friday 21st of April 2017 03:45:43 PM
.... . It comes after years of moving to less-polluting natural gas and renewables - though demand for power also tends to be lower on Fridays. ...
Britain set for first coal-free day since the industrial revolution image
Source : Guardian [Read Article] Friday 21st of April 2017 11:11:37 AM
....The control room tweeted the predicted milestone, adding that it is also set to be the first 24-hour coal-free period in Britain. The UK has had shorter coal-free periods in 2016, as gas and renewables such as wind and solar play an increasing role in providing the country with power. ...
Scottish islands hold out for government U-turn on windfarm subsidies image
Source : Guardian [Read Article] Thursday 13th of April 2017 04:52:18 PM
.... The minister had “seemed very positive” about the idea of allowing them to compete for subsidies, he said. “He said he could’ve said no, but he felt that because of the unique island factors – the benefits not just for Lewis and Scotland but for the UK deriving from island renewables – he was wanting to study the consultation,” said Maciver. ...
Plans for coal-fired power plants drop by almost half in 2016 image
Source : BBC [Read Article] Wednesday 22nd of March 2017 07:44:04 AM
...."Contrary to the picture being portrayed by certain quarters, China's climate pledge suggests that coal will continue to be central to its energy solutions, albeit through efficiencies including the use of new coal technologies. "In India's case, it's simply not true that renewables are displacing coal. ...
Low carbon drive 'cuts household bills' image
Source : BBC [Read Article] Thursday 16th of March 2017 12:13:08 AM
....The authors predict an annual bill reduction of £150 by 2030, driven by a mass switch to LED lights, and full take-up of more efficient condensing gas boilers. This, they say, would more than compensate for another £100 a year rise from increased renewables deployment. ...
Trump budget to cut foreign aid to pay for defence boost image
Source : BBC [Read Article] Thursday 16th of March 2017 12:07:20 AM
....The state department, which oversees foreign affairs, faces a budget cut of about 28%. And the Environmental Protection Agency (EPA) is in line for cuts to programmes President Trump does not agree with, such as climate change and renewables. ...
How to beat UK energy price rises image
Source : Guardian [Read Article] Monday 13th of March 2017 12:20:57 PM
.... Figures published by the regulator last week show costs to energy suppliers have continued to increase since January, mainly due to wholesale prices going up. So there is also a school of thought that says extending the amount of electricity the UK gets from renewables – currently at 25% – would be the best way to protect billpayers from fluctuating wholesale prices. ...
Shell’s sale of dirty tar sands assets cleans up debt and spruces image image
....Nevertheless, campaigners maintain that Shell’s approach to climate change is not credible. Greg Muttitt, of the US-based NGO Oil Change International, said: “Shell is doing more to move from oil to gas than some of its competitors but that’s not the right move – the move needs to be to step away from fossil fuels [and into renewables]. ...
E.ON price rise branded 'monstrous' as users face £97 a year extra image
Source : Guardian [Read Article] Tuesday 7th of March 2017 03:32:17 PM
....ON defended the rise as the company’s first in more than two years, and argued that it was due to factors beyond its control. Tony Cocker, the company’s chief executive, said: “It is an announcement we never want to make, but is due in large part to the fact that many of the costs we don’t directly control, such as policies including EMR [energy market reform], RO [the renewables obligation] and the energy company obligation [ECO], which are paid for via people’s energy bills, are increasing. ...
Solar power growth leaps by 50% worldwide thanks to US and China image
Source : Guardian [Read Article] Tuesday 7th of March 2017 01:00:41 PM
.... However, slowing growth in Europe prompted the solar industry to call for the EU to set more ambitious renewable energy targets. “We need to build a major industrial project around solar and renewables. ...
Coal collapse drives down UK carbon emissions image
Source : BBC [Read Article] Monday 6th of March 2017 03:29:49 PM
....A collapse in the use of coal has driven UK carbon emissions down to levels barely seen since the Victorian era, new figures show. Coal use fell by a record 52% in 2016 on the previous year in the face of cheap gas, higher domestic carbon prices, renewables and other factors. ...
UK 'must insulate 25 million homes' image
Source : BBC [Read Article] Tuesday 28th of February 2017 12:07:22 AM
....". Mr Holloway's start-up business was funded by the EU and the business department BEIS, but industry experts complain that building insulation research has received a tiny fraction of the sums channelled into glamorous renewables. ...
High energy bills here to stay but jobs heading overseas, industry group warns image
....”. One reason for the increasing importance of gas was the decline in coal-fired generation, which suffered from the rise of renewables and lack of flexibility. ...
Windfarms aren’t the real reason energy bills are rising. Blame the free market image
.... The cause on this occasion was no less pre-eminent a body than a Lords committee, comprising former chancellor Norman Lamont and other heavyweight peers. “To reduce carbon emissions, governments have subsidised renewables, passing on the cost to consumers in their electricity bills. ...
Government intervention has led to higher energy bills, claims Lords report image
.... Robert Gross, director of the centre for energy policy and technology at Imperial College, London, said: “The term ‘post truth’ has become over-used. Yet it would be possible to take all the evidence the committee presents and tell a completely different story: there’s been huge success in growing renewables and reducing emissions from the power sector. ...
Government meddling makes energy costlier, peers say image
Source : BBC [Read Article] Friday 24th of February 2017 12:23:42 AM
....It suggests that this may mean waiting for the development of technology that can reduce emissions. "We are not in any way saying we should take the foot off renewables," says Lord Hollick. ...
Green Investment Bank: Australian bidder woos MPs as protests continue image
Source : Guardian [Read Article] Thursday 23rd of February 2017 10:33:25 AM
....“But the government’s plan to protect them is toothless. There’s almost nothing to stop Macquarie from misusing this vital public institution by failing to invest in early-stage renewables, and even funding fossil fuel projects like fracking. ...
UK offshore wind 'will lower energy bills' more than nuclear image
Source : Guardian [Read Article] Sunday 12th of February 2017 01:30:13 PM
.... The impact of renewable energy subsidies on bills has previously been broken down, but the effect on bills from subsidies to coal power stations for providing backup power, for example, are not. However, McNeal defended the Conservative party, arguing it was unfairly derided as anti-renewables. ...
Almost 90% of new power in Europe from renewable sources in 2016 image
Source : Guardian [Read Article] Thursday 9th of February 2017 05:00:13 AM
.... “But on the longer term outlook, only seven out of the EU’s 28 countries have clear policies and volumes [for wind power] in place for the period beyond 2020. “We today see less political and policy ambition for renewables than we did five or even three years ago, across the member states. ...
Blackouts? What blackouts? How National Grid keeps the lights on image
Source : Guardian [Read Article] Monday 6th of February 2017 01:12:31 PM
....His answer to that balancing challenge is to persuade big industrial and commercial energy users – water companies, supermarkets, the NHS – to shift their power consumption to the times of day when the sun is shining, the wind is blowing and demand is lower. “What you really want to do is consume power when the renewables are there, and you need to price to signal that. ...
‘Your husband could end his MBA with little but debt to show for it’ – our work expert responds image
.... edamzen. • Oil and gas is dying, but there are increasingly opportunities in other sectors – renewables, energy storage, gas monetisation, CCS, etc. ...
npower to raise energy bills by £109 - here’s how you could SAVE more than £200 image
....”. The energy firm blamed the "difficult decision" to increase bills on higher wholesale energy prices and bigger costs to deliver Government policies, including smart metering and renewables obligation. ...
Electric cars and cheap solar 'could halt fossil fuel growth by 2020' image
Source : Guardian [Read Article] Thursday 2nd of February 2017 06:01:22 AM
....Polluting fuels could lose 10% of market share to solar power and clean cars within a decade, the report by the Grantham Institute at Imperial College London and the Carbon Tracker Initiative found. A 10% loss of market share was enough to cause the collapse of the coal mining industry in the US, while Europe’s five major utilities lost €100bn (£85bn) between 2008 and 2013 because they did not prepare for an 8% increase in renewables, the report said. ...
Shell sells more than half of its North Sea oil and gas fields for $3.8bn image
Source : Guardian [Read Article] Tuesday 31st of January 2017 01:10:31 PM
....8bn (£3bn) to a company headed by Linda Cook, who left the Anglo-Dutch group more than seven years ago after missing out on the top job. American-born Cook, nicknamed the first lady of oil and gas by the City, had been at Shell for 29 years and was latterly in charge of the group’s gas and renewables businesses. ...
Electric cars will not stem global demand for oil, says BP image
Source : Guardian [Read Article] Wednesday 25th of January 2017 02:47:17 PM
....BP has been attacked in the past for repeatedly underestimating the growth of wind and solar power in its annual outlook. Its latest update expects renewables to be the fastest-growing fuel source in coming years, at 7. ...
The UK’s economy is London-centric. Brexit is the chance to change that | Laurie Macfarlane image
....Given that the top five areas that voted for leave were all coastal communities, it’s time for a “blue new deal”. That means generating prosperous local economies by harnessing the potential of the sea to revitalise our coast by boosting industries such as small-scale fishing, tourism, aquaculture and renewables. ...
United Arab Emirates to invest $163bn in renewables image
Source : BBC [Read Article] Tuesday 10th of January 2017 05:28:16 PM
. The United Arab Emirates has said that it intends to invest $163bn (£134bn) in projects to generate half of the nation's power needs from renewables. ...
UK wind power overtakes coal for first time image
Source : Guardian [Read Article] Friday 6th of January 2017 09:54:26 AM
....“The past 12 months have seen a year of firsts for the UK’s electricity system. At the broadest level, the UK grid is changing as centralised power stations are joined by thousands of smaller sites, particularly renewables, as part of efforts to decarbonise electricity supplies,” wrote Simon Evans, policy editor at Carbon Brief. ...
China to invest £292bn into renewable fuel by 2020 image
Source : Guardian [Read Article] Thursday 5th of January 2017 08:27:57 AM
....Concerns about the social and economic costs of China’s air pollution have increased as the northern parts of the country, including the capital Beijing, have battled a bout of hazardous smog. Illustrating the scale of the challenge, the NEA repeated on Thursday that renewables will still only account for just 15% of overall energy consumption by 2020, equivalent to 580m tonnes of coal. ...
Renewables investment in UK will fall 95% over next three years – study image
Source : Guardian [Read Article] Wednesday 4th of January 2017 01:31:36 PM
....“Renewables will be cheaper than new fossil power stations by 2025 at the latest if we allow companies to build, learn, and cut their costs. But the government has been holding back the final bit of support needed to make renewables subsidy free. ...
India's double first in climate battle image
Source : BBC [Read Article] Tuesday 3rd of January 2017 07:41:03 AM
....". Meanwhile, the nearby giant Kamuthi solar plant offers a marker for India's ambition for a rapid expansion in renewables. ...
Toshiba shares slump: What's going wrong? image
Source : BBC [Read Article] Thursday 29th of December 2016 02:03:02 AM
....Since the Fukushima disaster in 2011, nuclear energy has been a much harder sell. Some governments have opted to scale back how much they planned to rely on nuclear as an electricity source, or (as in the case of Taiwan) turn away from nuclear energy altogether to focus on renewables. ...
UK hits clean energy milestone: 50% of electricity from low carbon sources image
Source : Guardian [Read Article] Thursday 22nd of December 2016 03:06:26 PM
.... A record 29% of Scotland’s electricity was exported, with almost all of it going to England. The renewables and nuclear industry said the figures for Scotland were “fantastic” and demonstrated how carbon emissions could be cut while maintaining security of supply. ...
Banks may groan – but Andrew Tyrie is right to launch a new inquiry image
Source : Guardian [Read Article] Monday 19th of December 2016 07:05:55 PM
....There was relief all round, then, that EU approval arrived, just as the long-serving chief executive, Dorothy Thompson, predicted. The handout may only be a last hurrah for biomass subsidies since the last UK government made clear its preference for offshore wind in the renewables stakes. ...
Batteries charged to play bigger role in UK energy grid image
Source : BBC [Read Article] Friday 9th of December 2016 01:53:05 PM
.... . "Falling battery costs and the increasing need for flexibility to support intermittent renewables has brought battery storage into commercial reality," said Jorge Pikunic, managing director of Centrica's distributed energy and power business. ...
Google data centres to be 100% renewable-powered by 2017 image
Source : BBC [Read Article] Tuesday 6th of December 2016 10:32:39 PM
....7 terawatt-hours (TWh) of electricity. "Over the last six years, the cost of wind and solar came down 60% and 80% respectively, proving that renewables are increasingly becoming the lowest cost option," said Urs Holzle, senior vice president for technical infrastructure. ...
Diesel farms make fresh bids to supply National Grid back-up power image
Source : Guardian [Read Article] Tuesday 6th of December 2016 08:25:42 AM
.... The company declined to comment on the offshore structure. While Rockpool and Peak Gen Power declined to comment, Oliver Hughes of Oxford Capital Partners – a diesel farm investor – said: “From our perspective, there’s an ever-increasing reliance on intermittent generation from renewables. ...
Four major cities move to ban diesel vehicles by 2025 image
Source : BBC [Read Article] Friday 2nd of December 2016 01:59:23 AM
....But manufacturers misled governments about their ability to clean up the local pollution effects, so now diesel vehicles are being banned to clean up local air. In their place will come electric and hydrogen vehicles, which are perfect for climate policy, if the power comes from renewables. ...
World could face oil shortage by end of decade, says IEA image
Source : Guardian [Read Article] Wednesday 16th of November 2016 08:00:13 AM
....The IEA issued a range of long-term predictions on the oil price, depending on how quickly the world adopts low-carbon policies. If countries do not implement new green policies, a barrel of Brent crude could rise to $150 by 2040, it predicted, whereas a huge investment in renewables could see it limited to $80. ...
Business winners and losers from a Donald Trump presidency image
Source : Guardian [Read Article] Wednesday 9th of November 2016 04:25:51 PM
....They will benefit if Trump either persuades Nato to increase defence spending or if he reduces US involvement in Europe and forces local governments to lift their own expenditure. Remember “climate change as a Chinese fiction”? Trump has already said he would cancel the Paris agreement to cut emissions, leaving renewables companies out in the cold. ...
Wind turbines 'could supply most of UK's electricity' image
Source : Guardian [Read Article] Tuesday 8th of November 2016 03:49:12 PM
....Wind turbines could soon supply most of the UK’s electricity, the boss of the country’s largest windfarm operator has said, as he confirmed plans to sell its oil and gas division. Dong Energy said the sale would underpin its plan to become a “global leader in renewables”, 44 years after the company was set up to exploit Denmark’s North Sea oilfields. ...
Your chance to go green with an energy Isa image
Source : Guardian [Read Article] Saturday 5th of November 2016 07:00:40 AM
....The solar farm will be managed by a new council-owned company. Councillor Dale Heenan, Swindon council cabinet member for transport and sustainability, says the scheme marries the economic benefits of renewables with finding an innovative way for people to receive a healthy investment return, adding: “I am proud Swindon is the home of the UK’s first green energy Isa following our very successful solar bond earlier this year. ...
Renewable energy capacity overtakes coal image
Source : BBC [Read Article] Tuesday 25th of October 2016 05:18:48 PM
.... . The IEA says in a new report that last year, renewables accounted for more than half of the increase in power capacity. ...
Green subsidies to push UK energy bills higher than planned image
Source : Guardian [Read Article] Tuesday 18th of October 2016 05:01:29 AM
....But energy department officials were quick to point out that the new forecast is within the 20% of ‘headroom’ that is allowed over the cap. The NAO said the framework had failed to provide value for money because the expected overshoot meant there was now little money to support further new renewables up to 2020. ...
Thirsty business image
Source : BBC [Read Article] Wednesday 28th of September 2016 11:09:19 PM
...."Companies have redefined the art of the possible - we can run very big things on renewable energy," he says. "The big firms are opening doors for others to tap into renewables - we've seen this a lot in the US in the past 3-5 years. ...
Jeremy Corbyn to set out energy policy 'for the 60m, not the big six' image
Source : Guardian [Read Article] Wednesday 7th of September 2016 08:00:27 AM
. Jeremy Corbyn will pledge to create an energy policy “for the 60 million, not the big six” if he becomes prime minister, including the creation of 300,000 jobs in the renewables sector. ...

A quarter of UK electricity was generated by renewables last year
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Source : Telegraph [Read Article] Thursday 28th of July 2016 06:53:42 PM
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Hinkley Point C image
Source : BBC [Read Article] Wednesday 27th of July 2016 11:19:26 PM
....Nuclear also delivers base load electricity - that is, the amount of power that is needed to satisfy minimum demand - because it is always available. That's important as more intermittent renewables - such as wind and solar power - come on to the grid. ...
Carbon-free banking: where to save, invest and borrow image
Source : Guardian [Read Article] Saturday 16th of July 2016 06:00:04 AM
....Switching your current account is now (usually) pain free, and if this is an area where you feel strongly enough to make a move, Ethical Consumer has surveyed the market and is suggesting some best buys. It says that “for a high street bank with a positive stance in favour of renewables and against fossil fuels, we recommend the Co-operative Bank and their online bank, Smile”. ...
More than half of jobs in UK solar industry lost in wake of subsidy cuts image
....“Solar has benefited from extraordinarily generous subsidies and no one – including me – expected to see such incredible growth rates. It has been quite seismic for a country that was getting a smidgen of power from renewables only a few years ago. ...
Windfarm owner Dong Energy floats for £10bn image
Source : Guardian [Read Article] Thursday 9th of June 2016 12:49:01 PM
....2bn (£10bn) as it successfully pulled off Europe’s largest stock market flotation this year. The Copenhagen-based group, which employs 700 people in Britain and is in the middle of a transition from a focus on fossil fuels to renewables, saw its shares soar a further 10% after they were sold to new investors at Kr235 each. ...
Saudi Arabia's Uber venture: a case of if you can't beat 'em, join 'em image
. The global automotive industry and the oil majors are not known for meekly rolling over when a competitor comes along – from General Motors’ involvement in killing public transport in Los Angeles in the 1940s to Shell lobbying to undermine EU renewables targets in more recent years. ...
Vitol: world's biggest energy trader emerges from the shadows image
Source : Guardian [Read Article] Wednesday 1st of June 2016 05:00:14 AM
....He said: “We still believe that on balance over the next 25 years that oil will be the major transportation fuel in the world and there will be growth – especially per capita, in places such as Africa and India. “But we see the power sector moving to gas and renewables, the growth in electric cars. ...
Shell says it will limit solar investment until it proves profitable image
Source : Guardian [Read Article] Thursday 26th of May 2016 06:35:27 PM
....Ben van Beurden told a meeting of shareholders in London that the oil company was already established in windfarms, a carbon capture plant, and wanted to gradually increase its operations in clean energy. But he rejected the idea contained in a shareholder resolution that Shell should switch its investments from hydrocarbons to renewables although he firmly believed the Paris climate change agreement by world governments was to be welcomed. ...
Dong Energy IPO to value windfarm operator at £11bn image
Source : Guardian [Read Article] Thursday 26th of May 2016 04:42:23 PM
....”. Dong’s profits from renewables were 3bn kroner, with 2bn kroner from oil and gas, plus 1bn kroner from the electricity grid system it operates in Denmark, the company reported last month. ...
Green really is the new black as Big Oil gets a taste for renewables image
Source : Guardian [Read Article] Saturday 21st of May 2016 03:00:16 PM
....Pouyanné had said in April that electricity would be “the energy of the 21st century” and that he wanted his company to take advantage of the entire electricity value chain, including batteries, solar power and biogas generation. Total announced last year that it was spending €200m on transforming an unprofitable oil refinery into a biofuel plant, and separately that it would start to invest $500m a year in renewables. ...
Gordon Brown: Here’s an inspiring view of Britishness to defeat the Brexiters image
.... This will, as it expands into digital and financial services, be the biggest British job creator of the next decade. Inside the European Union, Britain has the power to decide our energy balance between nuclear, coal, oil and renewables. ...
Gordon Brown: Here’s an inspiring view of Britishness to defeat the Brexiters image
.... This will, as it expands into digital and financial services, be the biggest British job creator of the next decade. Inside the European Union, Britain has the power to decide our energy balance between nuclear, coal, oil and renewables. ...
UK's attractiveness for renewables investment plummets to all-time low image
.... For the first time, however, it has slid to 13th in the global rankings. Investors in renewable energy are being put off the UK by political posturing hostile to renewables and green efforts, and the slashing of government support for clean power supplies, in favour of potentially more expensive alternatives such as shale gas and nuclear power. ...
UK's attractiveness for renewables investment plummets to all-time low image
.... For the first time, however, it has slid to 13th in the global rankings. Investors in renewable energy are being put off the UK by political posturing hostile to renewables and green efforts, and the slashing of government support for clean power supplies, in favour of potentially more expensive alternatives such as shale gas and nuclear power. ...
Solar has a bright future in the UK despite Tory efforts to cloud the picture image
....Britain experienced a surge and now has 10GW, with 800,000 homeowners enjoying the technology’s indisputable benefits. We now produce 25% of our electricity from renewables – 10% from solar, with the rest mainly wind power. ...
Brexit isn’t to blame for slowing UK growth. It’s more serious than that image
....But it still gives observers pause for thought when someone of the stature of Professor Paul Stephens, oil expert at Chatham House, states baldly that Shell, BP et al have 10 years to adapt or die, as he did last week. Although he is seen as close to the industry, he nevertheless believes Big Oil should diversify into renewables, perform mega-mergers or slim down to cope with a brave new world where oil demand will fall, carbon regulations will grow and high-cost oil reserves will be stranded. ...
Labour condemns 'waste of money' energy scheme image
Source : Guardian [Read Article] Friday 6th of May 2016 04:19:21 PM
....Catherine Mitchell, a professor of energy policy at the University of Exeter, said the scheme highlighted the shortsighted nature of energy policies. “The capacity market system inherently favours fossil fuel generation, damaging the environment while delaying the widespread rollout of a flexible grid based on renewables, demand management, storage, interconnection and more efficient practices, as the national infrastructure commission and Energy UK have recently recommended,” she said. ...
British windfarms a boom for Danish firm image
Source : Guardian [Read Article] Wednesday 27th of April 2016 04:04:16 PM
....Related: Dong Energy upbeat about offshore wind power thanks to higher subsidy. “The world will continue to need fossil fuels for a quite a time yet but the bigger trend is towards renewables and this is probably accelerating,” he said. ...
BP set to clean up with new super fuel Ultimate with ACTIVE technology image
Source : Daily Express [Read Article] Saturday 23rd of April 2016 06:59:00 PM
....More green moves from BP could be in the pipeline, suggests Sharma. “The set-up that was focused on that in Houston has never been entirely disbanded, there is still an interest in renewables. ...
Gas goes green as suppliers opt for carbon neutral sources image
Source : Guardian [Read Article] Saturday 23rd of April 2016 06:00:29 AM
....Ecotricity founder, Dale Vince, says we are at the beginning of a revolution in gas, not from fracking but from British farms. “There are direct parallels with the success of green electricity in that we can make gas from renewables and put it straight into the grid – except it’s the gas grid. ...
Clouds gather over solar power after golden years of success image
Source : Guardian [Read Article] Saturday 16th of April 2016 03:00:21 PM
.... By 2011 around 1GW of solar had been installed, with this figure doubling over the next 12 months even though FiT rates had been cut in half. By 2013, helped in part by the use of another subsidy scheme set up for wind, the renewables obligation (RO), large ground-mounted arrays began to be put in place. ...
World's largest coal producer files for bankruptcy protection image
Source : Guardian [Read Article] Wednesday 13th of April 2016 12:40:05 PM
.... In many countries, air pollution is now a major concern, governments are becoming more and more concerned about the climate impacts of coal; and now the biggest private company of all has succumbed. “Phasing out coal in favour of cleaner forms of energy, like natural gas or renewables, is a process which is accelerating around the world. ...
BP is playing fast and loose with our future | Bill McKibben image
Source : Guardian [Read Article] Tuesday 12th of April 2016 01:09:22 PM
.... But when you scratch beneath the surface, this is just another carbon major, being fast and loose with the future. BP is also a card-carrying member of a trade organisation that lobbied against the EU setting renewables and energy efficiency targets for 2030; and opposed carbon pricing while supporting it publicly. ...
Who is Sanjeev Gupta? image
Source : BBC [Read Article] Tuesday 12th of April 2016 07:25:21 AM
....But the UK government has been rolling back on its subsidies to renewable energy and it has launched a review over the potential benefits of tidal given its high strike price - the price guaranteed by UK ministers. I have asked Sanjeev Gupta many times why he thinks the UK government will move back to greater support of renewables. ...
BP to face flak over green targets and pay at AGM image
Source : Guardian [Read Article] Sunday 10th of April 2016 03:13:40 PM
....“We also believe a faster transition, with higher carbon prices and stricter policy and regulation, is possible in which CO2 emissions could peak around 2020 and be around 8% lower by 2035 than they are today. “Even in this faster transition oil and gas would still continue to provide the lion’s share of global energy to 2035, but renewables would grow very rapidly. ...
Can you power a business on 100% renewable energy? Ikea wants to try image
Source : Guardian [Read Article] Friday 8th of April 2016 04:08:24 PM
....In 2012, Ikea made headlines with its pledge to completely power its stores with renewable energy by 2020. Last week, HP, the US-based multinational IT company, made the same pledge, promising to switch completely to renewables by 2020. ...
Your money and morality can’t lead separate lives | Zoe Williams image
Source : Guardian [Read Article] Sunday 3rd of April 2016 04:57:50 PM
....The left is exactly the same, and the best proof of this is not in inheritance but in savings. This week sees the Treasury launching the innovative finance Isa; one of the first products available is from Abundance, which brokers direct investment in renewables. ...
Rapid decline of coal use leads to drop in UK emissions image
Source : Guardian [Read Article] Thursday 31st of March 2016 10:45:36 AM
....“Closure of these coal plants is both expected and necessary,” said Jonathan Gaventa, director of thinktank E3G. “The UK has plenty of options to cover the loss of coal-fired power through energy efficiency, renewables, interconnection with other countries and smart demand. ...
Port Augusta: embracing solar thermal a vital first step on the path to 100% renewable energy image
....In Australia, many towns are also already making the transition. Uralla, Yackandanda, Newstead and Byron Bay have all committed to moving to 100% renewables. ...
First US shale gas sails into Europe as Ineos carrier arrives in Norway image
Source : Guardian [Read Article] Wednesday 23rd of March 2016 06:53:02 PM
....But the massive ramp up in US shale oil and gas production which has seen the price of both oil and gas plummet worldwide, has encouraged Barack Obama to change the law. Environmentalists still fear that shale gas – whether from the US or Britain – will crowd out investment for renewables and undermine a rush away from fossil fuels of which it is one. ...

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