Originally published on RenewEconomy. This graph comes from a newly released report from the Germany-based Greenpeace Energy, and highlights the extent of subsidies paid out to various technologies in the German energy market since 1970. There is a huge controversy about the level of subsidies in Germany towards renewables as … [continued]
Originally published on EnergyPost. By Karel Beckman Eon, Germany’s largest energy company, has decided to sell its Italian coal and gas generation assets to Czech energy company Energetický a Průmyslový Holding (EPH). In a press release, Eon says that “the activities that will be sold have a total generation capacity … [continued]
As newly elected members took their seats in Congress yesterday for the first time, Washington’s almighty kerfluffle about the Keystone XL pipeline resurfaced. Here’s some background. Calgary-based TransCanada proposed several years ago to send oil from the Canadian tar sands terminal at Hardisty, Alberta, via a small-diameter Keystone pipeline routed … [continued]
Yes, you did hear that right. For the first time ever, the annual API energy report is including the solar energy resource. It ranks among the top four …
China is now the world’s largest economy, and one of the leaders in renewable energy investment and development.
Editor’s Note: This article is one submission in a live Masdar blogging contest (find out the entry requirements here). Very simply, the focus of the contest submissions is to: “Describe your city in 2030: what will occur due to changes in energy, transportation and water technologies, and how will they transform how you live?” We are sharing this submission here … [continued]
Originally published on RenewEconomy. Citigroup says the impact of the China-US climate deal signed earlier this month could total $US3.9 trillion ($A4.5 trillion) – that’s the loss in revenue for Big Oil and Big Coal over the next 15 years from the joint undertaking on greenhouse gas emissions by the … [continued]
The largest pension funds manager in Norway, KLP, is divesting completely from coal energy, according to recent reports. The money involved — around NOK 500 million (~$75 million) — will instead be invested into renewable energy companies. For those wondering, KLP is actually the manager for the pension funds of … [continued]
Originally published on Energy Post. By Sonja van Renssen Current events risk distracting governments “from recognising and tackling the longer-term signs of stress that are emerging in the energy system” says the International Energy Agency (IEA) in its latest World Energy Outlook (WEO) 2014 unveiled on 12 November in London. … [continued]
India has witnessed a steady increase of coal imports in recent times. As of last week, 60 of India’s 103 power plants had only enough coal for less than a week’s usage. With the domestic coal supply chain in shambles, imports have been an easy way out. As a result, imports have risen from … [continued]
