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Sergio Ferreira

IEA Says Massive Investment in Alternative Electricity Generation to Reduce CO2 Emissions - 0 views

  • The world needs to build 30 nuclear power stations and the equivalent of two Three Gorges dams every year to prevent dangerous climate change, the International Energy Agency has said. It also needs to build 13,000 wind turbines and 40 coal and gas power stations fitted with carbon capture and storage technology each year between 2013 and 2030, the head of the Agency told the climate change conference in Bali.
Colin Bennett

Renewables investments seen over $100 bln in 2007 | Environment | Reuters - 0 views

  • NUSA DUA, Indonesia (Reuters) - World annual investments in renewable energy will top $100 billion for the first time in 2007, led by wind power, according to a report issued at United Nations climate talks on Saturday.
davidchapman

allAfrica.com: South Africa: Govt Prioritised Renewable Energy, Smaller Suppliers (Page... - 0 views

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    South Africa's investment in alternative forms of energy from smaller suppliers and in renewable energy, affected an earlier decision the country made not to invest in mainstream electricity infrastructure.
davidchapman

Google to enter clean-energy business | CNET News.com - 0 views

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    Search giant Google on Tuesday pledged to spend hundreds of millions of dollars to make renewable energy cheaper than coal. The effort, dubbed RE), calls for Google to invest in companies developing clean-energy technologies and for Google itself to next year invest tens of millions in research and development in renewable energy.
Sergio Ferreira

Statkraft to build world's first osmotic power plant - 0 views

  • After ten years of research and development, Statkraft believes the time is now right to build the first osmotic power plant prototype and is therefore stepping up its initiatives and investments to develop the technology. With this decision Statkraft will have invested more than NOK 100 million to develop a new, renewable energy technology. The research work is supported by The Research Council of Norway.  The global technical potential for osmotic power production is estimated at around 1600 TWh, including around 200 TWh in Europe and 12 TWh in Norway, or 10 percent of Norway’s current power production. The innovation has already attracted attention in the international energy community.
Hans De Keulenaer

Technology Review: Storing Solar Power Efficiently - 0 views

  • Their schemes come with a caveat, of course: without backup power plants or expensive investments in giant batteries, flywheels, or other energy-storage systems, this solar-power supply would fluctuate wildly with each passing cloud (not to mention with the sun's daily rise and fall and seasonal ebbs and flows). Solar-power startup Ausra, based in Palo Alto, thinks it has the solution: solar-thermal-power plants that turn sunlight into steam and efficiently store heat for cloudy days.
  • Solar proponents love to boast that just a few hundred square kilometers' worth of photovoltaic solar panels installed in Southwestern deserts could power the United States. Their schemes come with a caveat, of course: without backup power plants or expensive investments in giant batteries, flywheels, or other energy-storage systems, this solar-power supply would fluctuate wildly with each passing cloud (not to mention with the sun's daily rise and fall and seasonal ebbs and flows). Solar-power startup > Ausra > , based in Palo Alto, thinks it has the solution: solar-thermal-power plants that turn sunlight into steam and efficiently store heat for cloudy days. >
Hans De Keulenaer

PSERC Document > 2007 Publications - 0 views

  • This paper examines the incentives that generation firms have in restructured electricity markets for supporting long-term transmission investments. In particular, we study whether generation firms, which arguably play a dominant role in the restructured electricity markets, have the incentives to fund or support incremental social-welfare-improving transmission investments.
Hans De Keulenaer

Global trends in sustainable energy investment 2007 - 0 views

  • This report presents the current status of sustainable energy development, including the renewable energy and energy efficiency sectors. The information is intended to provide financiers and policy makers with an overview of the status of the sustainable energy market to help them weigh their commitments to the sector.
Energy Net

Peak Energy: The Renewables Hump: Digging Out of a Hole - 0 views

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    Jeff Vail has started a series looking at what I've long called the "EROEI hole" problem - making sure we don't leave the transition to renewables too late and find ourselves stuck in a situation where we have shrinking production of fossil fuels which are produced at ever lower EROEI values, thereby making constructing an alternative energy infrastructure a lot more problematic than it would be today - The Renewables Hump: Digging Out of a Hole. In the first post in this series, I introduced the general notion that renewable energy requires an up-front investment of energy, and that this may dramatically impact our ability to transition to a renewable-energy economy because the transition effort will initially exacerbate the very energy scarcity that is its impetus. Beyond this general notion that the transition to renewables first requires exacerbating our current energy scarcity, the time that it takes a renewable source of energy to return the up-front energy invested in it becomes especially critical. Here's a quick example (for the simplicity of these examples, I'm assuming that 100% of energy requirement is up-front with no maintenance requirement):
Colin Bennett

Siemens Looking to Grow Wind Power Technology in India - 0 views

  • German engineering giant Siemens is looking to throw some money at solar and wind power in India now. It is going to invest $346 million in India’s renewable energy sector over the next three years. Peter Löscher, Siemens’ chief executive, said the firm will increase its Indian workforce by about 50 per cent to 25,000 people and about a third of the investment will be for development of wind turbine technology. It is putting some into solar technology development there as well. India is a major growth market, in general, and renewable energy is no exception.
Colin Bennett

LG unveils £10 billion plan to go green - 1 views

  • South Korea electronics giant LG has announced plans to invest 20 trillion won (£10 billion) ‘green’ research and development and reduce its own emissions 40% on current levels by 2020.Investment will be divided between expanding its energy efficient products and renewable energy businesses in fuel cells and rechargeable batteries and improving the performance of the company’s facilities.
Arabica Robusta

Pambazuka - Profits before people: The great African liquidation sale - 0 views

  • So what do the world’s great investors have their eyes on in Africa, in addition to the usual natural resources – minerals, petroleum and timber – that they’ve always coveted? In a word, land. Lots of it. The land-grabbing 'investors' are purchasing or leasing large chunks of African land to produce food crops or agrofuels or both, or just scooping up farmland as an investment,
    • Arabica Robusta
       
      Biofuels are not sustainable energy. They do not protect food resources.
  • At the moment, the grabbing of Africa’s land is shrouded in secrecy and proceeding at an unprecedented rate, spurred on by the global food and financial crises. GRAIN, a non-profit organisation that supports farm families in their struggles for community-controlled and biodiversity-based food systems, works daily to try to keep up with the deals on its farmlandgrab.org website.[vi]
  • Apart from the African governments and chiefs who are happily and quietly selling or leasing the land right out from under their own citizens, those who are promoting the new wave of rapacious investment include the World Bank, its International Finance Corporation (IFC), the European Bank for Reconstruction and Development and many other powerful nations and institutions. The US Millennium Challenge Corporation is helping to reform new land ownership laws – privatising land – in some of its member countries. The imported idea that user rights are not sufficient, that land must be privately owned, will efface traditional approaches to land use in Africa, and make the selling off of Africa even easier. GRAIN notes the complicity of African elites and says some African 'barons' are also snapping up land.
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  • another big plan is buffeting Africa’s farmers. It’s the Alliance for a Green Revolution in Africa (AGRA), which claims it is working in smallholder farmers’ interests by 'catalysing' a Green Revolution in Africa. Green Revolution Number Two.
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    "it was all summed up clearly for me by members of COPAGEN, a coalition of African farmer associations, scientists, civil society groups and activists who work to protect Africa's genetic heritage, farmer rights, and their sovereignty over their land, seeds and food. All these knowledgeable people have shown me that the answer is quite straightforward: many of those imported mistakes, disguised as solutions for Africa, are very, very profitable. At least for those who design and make them."
Energy Net

AWEA: "U.S. Wind Market Grew by 39% in 2009 - 1 views

shared by Energy Net on 12 Apr 10 - Cached
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    "U.S. Wind Market Grew by 39% The U.S. wind industry brought in a historic year in 2009, installing nearly 10,000 MW of new wind. During one of the worst financial crises in recent history, the wind market grew 39% in 2009, bringing new major developers and turbine manufacturers to the market, making the "top ten" rankings an ever-changing list. The AWEA Finance & Investment Workshop offered insights on how to position your company to gain from the tremendous wind industry growth. The expert speakers, presenters, and financial gurus shared the successes of the American Recovery and Reinvestment Act (ARRA) and how creative uses of new policies could create investment opportunities for 2010. "
Colin Bennett

Sun sets on BP's solar hopes - 0 views

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    Solar power will not be able to compete with conventional energy until there is a breakthrough in the technology, BP's chief executive has said, in a further sign of the company's move away from renewables towards oil and gas. BP has invested hundreds of millions of dollars in making solar cells and components, but in the past six months it has been closing factories around the world, and announced a sharp cut in its investment in alternative energies, such as solar, from $1.4bn last year to $1bn (£658m) this year. Tony Hayward, chief executive, yesterday told a conference in California: "I think solar is probably the most challenged of all of BP's alternative energy interests." He added: "It is not going to make the transition to be competitive with more conventional power, the gap is too big."
Hans De Keulenaer

Alternative Energy eMagazine - | AltEnergyMag - 0 views

  • A robust transmission system is the cornerstone for large-scale integration of wind power in the United States. Therefore, perhaps the greatest barrier to achieving this goal is building new transmission to connect the large amounts of location-constrained wind resources to the load centers. Another goal-limiting factor is the lack of appropriate market rules across the various interconnections in the US. Furthermore any reversal of policy decisions made at Federal and State levels (e.g. Renewable Portfolio Standards) in support of renewable energy could send the wrong signal to the industry causing uncertainty in the markets, potentially stalling the investments in new wind plants. The reality is that there are five election cycles between now and 2030 so it is important that wind energy related policies are sustained during this period.   Other potential barriers to achieving this 20-by-2030 goal include: a surge in the global demand for wind energy which could limit the supply of turbines in the US; another financial crisis during the next two decades which affects the credit and investment markets; and lastly the lack of skilled work force to operate power systems with high penetration of variable generation.
Hans De Keulenaer

European Academies Science Advisory Council - Transforming Europes Electricity Supply -... - 0 views

  • The study concludes that developments are required in planning a European grid to ensure that investments are made in the right places, in the way the grid is operated so that maximum benefi t is extracted from a given infrastructure, and in transmission technologies so that effective options are available for environmental, operational, energy efficiency and investment considerations. Specific recommendations are made in each of these areas.
Energy Net

Smart grid and renewables interconnection (Part 4 of 5) - 0 views

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    One of the reasons why smart grid is generating so much interest right now is its ability to enable the integration of renewable energy into the electric power network, leading to a broader generation portfolio and potentially beneficial carbon implications. Lots of the discussion of smart grid in policy and media (including places like Greentech Media, Cleantech, EcoGeek, GreenMonk, and the New York Times blogs Dot Earth and Green Inc.) has emphasized the potential economic and environmental value from having investments in the electric power network that make the accommodation of renewables easier, reducing transaction costs and shifting the margin at which investing in renewables is profitable.
Colin Bennett

Mitsubishi Investing $75.6 Million to Test Smart Grid Technologies - 2 views

  • Mitsubishi Electric Corporation recently announced that it will invest a total of 7 billion yen ($75.61 million) by March 2012 in a project to build facilities within the company's production sites in Japan for experiments designed to establish advanced smart grid technologies. The project will contribute to the company’s efforts to support the adoption of sustainable power supplies worldwide.
Colin Bennett

Greenpeace report calls for major home efficiency programme | Energy Efficiency News - 0 views

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    The UK Government should be investing in a major home energy efficiency programme as part of its fiscal stimulus package, according to a report out today commissioned by Greenpeace.
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