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Concentration of CO2 in the Atmosphere

October 25 Green Energy News

Opinion:

  • “New nuclear is a lose-lose situation for Britain” Looking at the numbers closely reveals that the Hinkley nuclear deal is a public confession of the failure of a technology that was never and probably will never be built and operated at competitive cost. [The Conversation]
  • A decade ago, nuclear and renewable energy each provided some 15% of global electricity. Last year renewable energy provided more than 20% and nuclear only around 10%. But utility company resistance has derailed reform in Japan. [GlobalPost]

Finance:

  • A coalition of 70 investors, collectively worth $3 trillion, have launched the first-ever coordinated effort to spur the world’s top fossil fuel companies to assess the financial risks that climate change poses to their business. [Responding to Climate Change]

World:

  • Network operators TenneT and TransnetBW have teamed up to build Germany’s longest power line to transport surplus wind power from northern regions into the south, a key step in the country’s effort to move away from nuclear power. [Business Spectator]
  • Twelve miles out to sea from  Fukushima Daiichi, a giant floating wind turbine signals the start of Japan’s most ambitious bet yet on clean energy. Japan has space to install many such turbines, and each can provide power for 1400 homes. [NEWS.GNOM.ES]
  • A coalition of business groups and unions this week jointly warned that German political leaders must unite to keep the country’s energy transition plans alive. They say the new government needs to speak with one voice on the energy transition. [iStockAnalyst]
  • Work on a 40 MW wind farm has been started by Bord na Móna at Bruckhana, Co. Tipperary. Ireland has a renewable energy target to meet 40% of electricity demand from renewable sources by 2020 and is making progress towards it. [Build.ie]
  • John Ferneley College, in the UK has drastically cut its demand for electricity from the National Grid with a 50 kW solar PV system, a wind turbine, and a biomass boiler. Much of its needs are met on a cloudy day, and when the sun shines they are all met. [Leicester Mercury]
  • A new record was set for wind power in Portugal when it briefly supplied 84% of the nation’s needs. So far this year, renewable energy – wind power, hydro power, biomass and photovoltaic plants have supplied 58% of Portugal’s domestic consumption. [The Portugal News]
  • According to Frost & Sullivan, South Africa is on track to becoming one of the fastest growing renewable energy markets in the world. The country’s procurement program aims to generate 3,725 MW of the country’s total electricity from renewable sources. [Fierce Energy]

US:

  • Scaled-back renewable-fuels targets leaked from the Environmental Protection Agency are still excessive, according to the American Petroleum Institute in a Thursday press call. [National Journal]
  • DTE Energy announced that the first 13 wind turbines at Echo Wind Park, in Huron County, Michigan, have been commissioned. The 70-turbine wind farm is scheduled to commence commercial operation by the end of November. It will produce 112 MW. [EnergyOnline]
  • Dairyland Power Cooperative will  suspend indefinitely operations at the last two Alma Station coal-based units in Wisconsin by the first-quarter of 2015. The board is looking to diversify its energy resources, including growth of its renewables. [Electric Co-op Today]

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