Fuel cell developer Intelligent Energy's acquisition of energy management business GTL to a significant step forward after receiving clearance from India's competition authority.
The Government has been accused of “irrational” curbs to renewables subsidies after official projections revealed lower than expected energy bills by 2020. Ministers have said cuts to support for technology such as onshore wind and solar are necessary to prevent rising costs to consumers and to curb the projected overspend on the £7.6 billion budget by 2020 for a raft of green measures paid for on bills. But emails obtained by climate change analysis website Carbon Brief under Freedom of Information rules reveal Government projections which show that, while the overspend will add £12 to average household bills by 2020, overall bills would be £97 lower.
Lack of UK Government support for the renewables sector has led UK investment firm TRIG to invest £42million in a French solar project.
It’s designed to recycle spent uranium from Japan’s nuclear power plants, consists of more than three dozen buildings spread over 740 hectares (1,829 acres), costs almost $25 billion and has been under construction for nearly three decades. Amount of fuel successfully reprocessed for commercial use: zero.
The 270-megawatt Hornsdale Wind Farm, under construction about 220km north of Adelaide, has won a contract to deliver an additional 100 megawatts of power to the Australian Capital Territory (ACT).
The UK wind power industry enjoyed a record breaking 2015 against the backdrop of Tory Government cuts to green energy subsidies. Onshore and offshore turbines combined forces to generate 11% of the UK’s wind last year, up from 9.5% in 2014, RenewableUK said today, citing National Grid statistics supplied by independent data analysts EnAppSys. A new monthly record was set in December, with wind satisfying 17% of UK energy demand. The previous record of 14% was set in January 2015.
Statoil has been asked by the Norwegian Government to conduct new studies on carbon storage on the Norwegian continental shelf.
Record-low coal prices and increased wind and solar generation that pushed European power prices to their lowest in a decade may cause further declines in 2016. Average day-ahead electricity prices in Germany, Europe’s biggest market, fell 3.2 percent to 31.70 euros ($34.65) per megawatt-hour in 2015, the least since 2004 on the Epex Spot SE exchange in Paris before the last auction later Wednesday. Northwest Europe coal fell 33 percent while the share of Germany’s energy demand met by renewable output increased by four percentage points to 30 percent, according to preliminary figures by utility lobby BDEW.
Scotland’s solar power capacity went up by more than a quarter over the past year, new figures show. WWF Scotland and the Solar Trade Association, which jointly published the statistics, welcomed the expansion, and called for the Scottish Government to encourage even greater uptake of the technology.
The company responsible for decommissioning the former nuclear plant at Dounreay has confirmed it has shipped 11 tonnes of radioactive material to Cumbria in its most recent financial year.
Dounreay Site Restoration (DSRL) confirmed it has sent 11 tonnes of “breeder” material - consisting of radioactive uranium - to Sellafield’s Magnox reprocessing facility last year, representing about a quarter of the material stored on site.
Communities across Scotland received a record sum of more than £10million from green energy projects in 2015, the country’s energy minister said yesterday. Fergus Ewing said it had been a “bumper year” for community energy, but anti-wind farm campaigners said the sum was unimpressive when stacked up against the profits raked in by multi-national energy firms. Green energy production is growing north of the border. According to new figures, Scotland reached its target for community or local ownership projects five years early.
The Scottish Government said the renewables industry has helped to put £10million back into the Scottish community following a record year. Energy Minister Fergus Ewing said there were now more than 150 projects on the community renewables register with millions of pounds paid out to communities from renewables developments. Meanwhile a target for community or local ownership of renewables was met five years early, with 508MW of capacity now operational.
Data from sports tracking app Strava have revealed cyclists and runners are using Scottish renewable energy tracks to rack up the miles.
Scotland’s alternative-energy industry has warned of continuing political headwinds despite new figures revealing that renewables were the single-biggest source of electricity last year.
Ocean Installer has netted an offshore wind contract with Norddeutsche Seekabelwerke offshore Germany in the southern sector of the North Sea.
SSE and the Scottish Government have both revealed they plan to appeal against a legal ruling on a planned 67-turbine windfarm. The move comes after a judge said the government’s decision to approve Stronelairg windfarm was “defective”. A review had originally been sought by the John Muir Trust.
The developer behind the proposed wind farm off the coast of the Trump International golf resort has raised £237million in the sale of another offshore energy project.
Miners at the UK’s last remaining deep-coal pit sang as they travelled underground for their final shift this morning.
Drastic cuts to solar subsidies are damaging investor confidence, MPs have warned in a letter to the Government.
Vattenfall is in the midst of a restructuring after being hit by massive write-downs in the value of its traditional generation business as well as a fall in energy prices. The utility, which is wholly owned by the Swedish state, was affected by £3billion write-downs on its coal and gas-fired assets in Europe in 2013.
The Orkney firm behind plans for the world’s biggest tidal turbine said yesterday it had secured a further £5.7million for the project. Kirkwall-based Scotrenewables Tidal Power (STP) said the massive two megawatt floating device, which is about 250ft long, was nearing completion at Harland and Wolff (H&W) shipyard in Belfast. It is due to be launched early next year before being towed to the European Marine Energy Centre in Orkney for the start of grid-connected testing.
The Government has been accused of “huge, misguided cuts” to clean energy after it announced reductions of almost two-thirds to subsidies for solar panels on homes.
The European Commission has approved state aid compensation for energy intensive industry which is estimated to be worth £300 million a year, including £45 million to steel companies.
The Government has been accused of “huge, misguided cuts” to clean energy after it announced reductions of almost two-thirds to subsidies for solar panels on homes. The move, which ministers say is necessary to curb rising costs of green energy on consumer bills, comes just days after the UK backed the world’s first universal agreement to avoid dangerous climate change by bringing down greenhouse gas emissions. Reductions in payments under the “feed-in tariff” scheme for energy generated by new small-scale renewables are not as severe as originally proposed in the summer, when ministers floated an 87% cut for domestic solar electricity compared with current levels.