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Concentration of CO2 in the Atmosphere

July 18 Green Energy News

Opinion:

  • “Decarbonizing the world energy system without nuclear” In 2013, where nuclear power supplied 11% of the world’s electricity, renewables about twice as much. And in 2013 renewables had a 72% share of new electricity generating capacity. [The Ecologist]

World:

  • Onshore wind energy is the cheapest available form of new power generation in Denmark. Its cost, 5.4¢ (US) per kWh is about half that of offshore wind, new centralised coal, new centralized natural gas, and decentralised combined heat and power. [reNews]
  • The UK government approved plans for a wind farm off the coast of Sussex. E.ON’s Rampion offshore wind farm, which would generate enough electricity to power approximately 450,000 homes, is expected to bring more than £2 billion of investment to the UK’s economy. [Insider Media]
  • The price for thermal coal has plunged more than 10% in the last two months as the presumed major customers for Australian fossil fuels – China and India – make it clear that renewable energy is offering a competitive alternative to coal and gas. [RenewEconomy]
  • The Asian Development Bank says there has been a spike in the need for investment in renewable energy in the Pacific as the cost of diesel becomes unaffordable and a structural shift to hydro, wind and solar power makes both economic and environmental sense. [Radio New Zealand]
  • Among the latest insurance news for Europe’s renewable energy industry are plans being developed by insurers to provide protection to investors backing solar and wind power projects against the removal of vital federal subsidies. [Live Insurance News]
  • Almost £8 billion was invested in renewable energy in the UK last year, according to a report by the Department of Energy and Climate Change. The report showed renewables now produce 15% of the country’s electricity. [The Guardian]
  • Turkey’s electricity consumption scored an all time record last week, highlighting the country’s thirst for new power capacity. Yet renewable power development plods slowly onwards. [pv magazine]
  • Germany comes in first in a new energy efficiency ranking of the world’s major economies, followed by Italy, the European Union as a whole, China, and France, according to the 2014 International Energy Efficiency Scorecard. The US ranks 13th out of 16 countries ranked. [InvestorIdeas.com]
  • According to a new market report published by Transparency Market Research, global smart grid market was valued at $37.7 billion in 2012 and is expected to reach $118.1 billion in 2019, growing at a compound annual growth rate of 18.2% from 2013 to 2019. [PR Newswire UK]

US:

  • The US Department of Interior will offer leases to companies that want to build wind turbines off parts of the coast of New Jersey, along blocks of ocean floor starting about seven miles off Long Beach Island, Atlantic City and Cape May County. [Cherry Hill Courier Post]
  • The city of Boulder, Colorado has filed to condemn portions of the electric system owned by Xcel Energy through eminent domain. Boulder deems parts of the Xcel’s system as necessary to create a local electric utility that would serve customers within city limits. [Boulder County Business Report]
  • If renewable energy sources produced a higher percentage of energy in West Virginia, new jobs would be created, and health conditions, particularly in poor and black neighborhoods, would improve, according to a new report from the state chapter of the NAACP. [Charleston Gazette]

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