News
News
-
Offshore wind costs to drop 30% by 2020, says UK task force
The costs of electricity generated by offshore wind in the UK will drop substantially over the next seven years, according to an industry-led task force. A report out yesterday from the Offshore Wind Cost Reduction Task Force shows how key actions could drive costs down 30% to £100 per MWh by 2020. The 29 recommended […]
-
EU agrees on energy saving legislation but lowers ambition
European Union representatives have reportedly reached agreement on new legislation to improve energy efficiency. The draft Energy Efficiency Directive, which still need to be signed off by the 27 member states, is likely to commit the region to an energy efficiency target of a 15-17% improvement, down from the original proposal of a 20% target. […]
-
Europe to set course towards a green economy
European environment and climate ministers are meeting in Denmark for preliminary talks before agreeing a major green growth strategy later this month. The ‘informal’ discussions in Aarhus and Horsens hosted by the current Danish EU Presidency aim to lay the groundwork for the European Council meeting later this month where the new 7th Environment Action […]
-
Cornwall could host UK’s National Solar Centre
The BRE and Cornwall Council in the south west of England are joining forces on a proposal for a National Solar Centre in the region. The planned centre near St Austell would work with the solar industry to collect data and evidence from installations across the country to boost the sector’s proficiency and give confidence […]
-
Global renewables investment soars to $257 billion
Despite worldwide economic woes, global investment in renewable power and fuels rose 17% last year to reach a record level of $257 billion, according to a new report. The fifth edition of the United Nations Environment Programme (UNEP) report, Global Trends in Renewable Energy Investment 2012, based on data from Bloomberg New Energy Finance, is […]
-
Europe’s lead in fuel efficient cars could stall, warns T&E
Europe could lose its lead in fuel efficient cars, warns campaign group Transport Environment (TE). The EU currently has a goal of lowering CO2 emissions to an average of 130 g/km by 2015, but is apparently considering tightening the target to 95 g/km by 2020. But even this might not be enough to secure the […]
-
Lincs wind farm secures £425 million in financing
The joint wind farm development between UK utility Centrica, Dutch company DONG Energy and Siemens Project Ventures has secured £425 million in financing. The financing for the 270 MW Lincs wind farm off the coast of Lincolnshire near Skegness is coming from a consortium of ten commercial banks including Abbey National, now trading as part […]
-
EC calls for coordinated approach to renewables
The European Commission is calling for a more coordinated approach to the support and use of renewables beyond the region-wide target of 20% renewables by 2020. In a Communication adopted yesterday, the Commission urges the establishment of a solid framework beyond that deadline to give regulatory certainty to investors. The “lack of certainty” on the […]
-
Cities need funding to make most of green growth, says CDP
The world’s cities have significant opportunities for green growth but need funding to make the most of them, according to the Carbon Disclosure Project (CDP). The CDP’s latest report out today says that 82% of cities have identified potential economic growth associated with climate change mitigation and adaptation, but less than a third expect to […]
-
Electric buses take to the road in the Netherlands and Canada
A new generation of electric buses are taking to the road in the Netherlands and Canada. Chinese electric vehicle maker BYD is supply a fleet of six of its all-electric buses to ply routes in the Dutch city of Schiermonnikoog in the province of Friesland. The tiny, 16 km-long island has only around 1000 residents […]
Quotes
The cheapest kWh of energy is the one you don't use Delvin Lane, Head of Energy 360, British Gas