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Concentration of CO2 in the Atmosphere

December 4 Green Energy News

Finance:

  • The financial world’s concerns with the ‘carbon bubble’ just became about as concrete as they can get. Bloomberg LP unveiled a new tool that helps investment managers quantify the risks climate change can pose to their portfolios. [Business Spectator]

Technology:

  • Renewable energy sources such as wind-powered generators can be more reliable and efficient by better controlling the process of putting electricity on the grid, according to a United States patent based on research by an associate professor at The University of Alabama. [Science Daily]

World:

  • A six-mile-long U-shaped seawall costing £756 million is planned for Swansea Bay in South Wales to supply tidal generating power. The firm behind it says the scheme could generate 420,000 MWh of energy per year – enough to supply 121,000 homes. [BBC News]
  • Including nuclear power, China installed 36 gigawatts of clean energy capacity in the 10 months through October 31. Hydropower increased by 22.3 GW, windpower increased by 7.9 GW, solar rose 3.6 GW, and nuclear expanded 2.2 GW. [Bloomberg]
  • UK government funding of renewable energy is expected to dramatically shift in favour of offshore wind farms. Energy Secretary Ed Davey is to announce a dramatic growth in financial support for offshore projects later this week. [North Devon Journal]
  • During a December 3 press conference, the Philippine Department of Energy announced it just approved various renewable energy developers to generate 633.5 megawatts (MW) of electricity which will make its way to the country’s power mix sometime in 2014. [Rappler]
  • On-site power generation in the UK’s business sector grew by 53% in 2012, almost all from renewable sources, a new report from electricity supplier Smartest Energy shows. Over 1.9 GW was added from 458 windpower projects, while added 322 MW from 528 projects. [Cogeneration & On-Site Power Production Magazine]
  • A huge banner hanging in the evacuated town of Futaba, Fukushima still reads “Nuclear energy is the energy of a bright future.” Yuji Onuma who created this slogan while in elementary school, now sees a bright future in a life built around solar power. [Asahi Shimbun]

US:

  • The Howard Hughes Corporation’s Ward Village located in Kaka‘ako between downtown Honolulu and Waikiki has been awarded LEED Neighborhood Development (LEED-ND) Platinum certification, making it America’s largest LEED-ND platinum certified project. [CleanTechnica]
  • Some companies could economically convert their operations to wood boilers for heat and power, according to a team of forestry researchers. Wood makes the most sense for larger operations in areas with large timber resources and a friendly regulatory environment. [AZoCleantech]
  • Anaergia Inc. and the Water Pollution Control Authority of Bridgeport, Connecticut will work together to generate 1 GWh of electricity per year from organic waste including wastewater sludge and food scraps using advanced anaerobic digestion technology. [PR Newswire]

 

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