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Renewables/Energy Transition

Renewables/Energy Transition

Oil pioneer Cluff says coal gasification “fits in” with Scottish Independence concept

Oil pioneer Algy Cluff said yesterday his company’s plans to tap coal reserves under the Firth of Forth were in keeping with the concept of Scottish independence. And in announcing the first half results for Cluff Natural Resources (CNR), Mr Cluff criticised the previous UK Government’s support for North Sea windfarms. Mr Cluff, chairman and chief executive of CNR, said large windfarms blocked access to gas fields and sucked up taxpayers’ money.

Renewables/Energy Transition

Islamic leaders launch climate change declaration

Islamic leaders from countries around the world have launched a declaration urging governments to deliver strong international action to tackle climate change. The climate change declaration calls on wealthy and oil producing countries to phase out fossil fuels by 2050, and urges a switch to 100% renewable energy and help for vulnerable communities already suffering from rising global temperatures. The declaration, launched at an International Islamic Climate Change Symposium in Istanbul, Turkey, presents the moral case based on Islamic teaching for action on climate change and aims to engage the world’s 1.6 billion Muslims on the issue. It calls on countries to take steps to keep temperature rises to no more than 2C, or preferably 1.5C, keeping two-thirds of the world’s proven fossil fuels in the ground, and for a strong new deal on tackling climate change at UN talks in Paris in December.

Renewables/Energy Transition

Eco Wave secures venture funds for marine energy systems

Eco Wave Power, an Israeli maker of ocean energy systems, raised initial funding for a $150 million pipeline of planned projects to use waves to generate electricity. The technology maker secured $2 million from Pirveli Ventures, with a representative of Pirveli joining its board of directors, Eco Wave said Monday. It will use the funds to start to develop 111 megawatts of marine-energy projects planned in countries including the UK, China, Mexico and Chile, co- founder Inna Braverman said.

Renewables/Energy Transition

Windfarm site proposal at Mormond gets knock back

Plans to build a windfarm at a north-east landmark overlooking the home village of former first minister Alex Salmond have been rejected by the Scottish Government. Muirden Energy wanted to erect a dozen 326ft turbines on top of Mormond Hill – Buchan’s highest peak. But the proposals left people in Strichen outraged and were blocked by Aberdeenshire councillors. Now their decision has been upheld by Scottish Government planning reporters after the developer appealed against the local authority’s decision.

Renewables/Energy Transition

Renewable energy developer nets further £10million investment

Renewable energy developer Albion Community Power (ACP) yesterday secured a further £10million investment as it seeks to build a £100million fund for small-scale biogas, hydro-electric, solar and wind projects. Greater Manchester Pension Fund (GMPF) is pumping the latest cash into the fund, which in February raised £50million from the Edinburgh-based UK Green Investment Bank (GIB) and £10million from the Strathclyde Pension Fund. When he unveiled the fund back in February, the-then business secretary Vince Cable said it would provide equity finance of between £1million and £10million community-scale schemes, including run-of-river hydro schemes, wind turbines on brownfield sites such as industrial estates, and biogas produced at landfill sites and from anaerobic digesters.