Renewable Energy Group's feed | Diigo Group

Solar power edges towards boom time | UK | Reuters

Tue, 23 Oct 2007 02:14:56 -0000

Highlights and Sticky Notes:

Subsidies are needed because solar is still more expensive than conventional power sources like coal, but costs are dropping by around 5 percent a year and "grid parity", without subsidies, is already a reality in parts of California.

Very sunny countries could reach that breakeven in five years or so, and even cloudy Britain by 2020.

"At that point you can expect pretty much unbounded growth," General Electric Co's Chief Engineer Jim Lyons told the Jefferies conference in London on Thursday, referring to price parity in sunny parts of the United States by around 2015.

Tags: costs photovoltaics

Posted by: keulenae

INTERVIEW-FPL sees renewables soon competitive with coal | Markets | Reuters

Thu, 27 Sep 2007 13:43:51 -0000

Highlights and Sticky Notes:

Power generation from low-carbon energy sources like wind, solar and nuclear should soon become competitive with electricity generated by coal, the cheapest of fossil fuels, the chief executive of FPL Group Inc. (FPL.N: Quote, Profile, Research) said on Wednesday.

Tags: costs economics renewables

Posted by: keulenae

Planet2025 News Network - ntext

Wed, 26 Sep 2007 03:32:52 -0000

Highlights and Sticky Notes:

Companies that have switched to renewable energy are reporting a number of bottom line advantages, including reduced corporate greenhouse gas emissions, diversification of energy sources to hedge against fluctuating fossil fuel prices, as well as strengthening customer relationships and brand differentiation.

Tags: costs csr economics renewables

Posted by: keulenae