Get Email Updates!

October 23 Green Energy News

World:

  • The Ikea Group may be putting a price on carbon emissions and is making great strides to become more sustainable. It has committed to investing €1.5 billion until 2015 in renewable energy, mainly wind and solar power. Ikea aims to produce at least 70% of its energy consumption from renewable sources by 2015. [Triple Pundit]
  • The Ugandan authorities have approved an additional nine renewable electricity plants – some of them under the Global Energy Transfer for Feed-in Tariffs program – to generate a total of 132.7 MW to boost Uganda’s transformation into an upper middle class country. Eight of the plants will go online by 2018. [Bernama]
  • The public sector will play an important but secondary role in financing the French energy transition, according to a new study. The state-funded study says an additional investment of €20 billion per year is needed to complete the energy transition. The study gives an overview of France’s fight against climate change. [EurActiv]
  • Australia’s Renewable Energy Target will not be scrapped, but the government is negotiating industry exemptions with the opposition. The government, led by coal advocate Tony Abbott, called for cuts, exemption for some mining industries, or a complete abolition. Labor rejected these but proposed further talks. [PV-Tech]
  • One of Australia’s main wind turbine tower manufacturers has announced it will shed 100 staff after the federal government revealed its intention to seek a cut to the Renewable Energy Target. Continued uncertainty over the large-scale RET led the company to mothball “most” of its wind tower fabrication facilities. [Business Spectator]
  • China’s installed wind power capacity will reach 100,000 MW by the end of 2014, a year ahead of the scheduled targets for the year outlined in the country’s 12th Five-Year Plan (2011-15), a senior official said on Wednesday. China’s installed wind power capacity had already hit 83,000 MW by the end of August. [ecns]
  • The UK is way off track to meet its target to have 25% of heating provided by low carbon sources, such as heat pumps and biomass boilers, a new report from WWF has revealed. The Warm homes, not Warm Words report shows that just 2% of UK heating demand currently comes from low carbon sources. [Business Green]

US:

  • Trash to fuel, the stuff of the 1980s sci-fi comedy movie trilogy “Back to the Future” is now a reality. The 2015 Bi-fuel Chevrolet Impala – not a tricked-out DeLorean – really can run on leftovers, table scraps and, oh yeah, grains from brewing beer, as Quasar Energy Group uses organic waste to produce biogas, which can fuel the car. [Florida Weekly]
  • The US is reducing oil dependence, slowing the growth of electricity needs, and making energy services more affordable to all Americans – and our smarter use of energy is the single most important contributor to these positive trends, according to a report released today by the Natural Resources Defense Council. [AltEnergyMag]
  • Energy Secretary Ernest Moniz announced more than $53 million for forty research and development projects that will aim to drive down the cost of solar energy, tackling key aspects of technology development in order to bring innovative ideas to the market more quickly. [Utility Products]
  • New York Governor Cuomo today announced the first transactions of NY Green Bank to kick off clean energy projects across New York. Such projects are traditionally difficult for the private sector to finance because the financial industry has little experience with them and there is no way established way to evaluate risks. [InvestorIdeas.com]
  • Satellite observations of huge oil and gas basins in East Texas and North Dakota confirm staggering 9% and 10% leakage rates of heat-trapping methane. Scientists evaluating this put the use of fracked gas in perspective. In short, fracking speeds up human-caused climate change, thanks to methane leaks alone. [ThinkProgress]

Leave a Reply

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>