Energy
European Commission Approves Drax Biomass Subsidy
The share price of Britain’s biggest power station operator has jumped to a five-month high after the European commission approved subsidies for its conversion to burn wood pellets instead of coal. Drax was awarded a renewable energy subsidy contract by…
IEA Welcomes Italy’s Plan to Revisit Energy Strategy and Further Decarbonize Economy
In its latest country review of energy policies, the International Energy Agency praised Italy’s comprehensive long-term energy strategy and the acceleration of its efforts to comply with 2020 goals on renewable energy, climate change and energy efficiency. The IEA’s new…
Siemens Celebrates Topping Out Ceremony at New Wind Turbine Factory in Cuxhaven, Germany
A brisk, late November morning in Northern Germany provided backdrop to a ceremony held to mark completion of the structural supports of the factory slated to secure Siemens Wind Power’s position as purveyor of next generation wind turbine technologies. Behind…
It’s Official: Solar Is Becoming World’s Cheapest Form of New Electricity
For the first time, solar power is becoming the cheapest form of electricity production in the world, according to new statistics from Bloomberg New Energy Finance (BNEF) released Thursday. While unsubsidized solar has occasionally done better than coal and gas…
Harworth Seals Deal for New 5MW Solar Farm in Yorkshire
UK developer Harworth is expanding its clean energy portfolio with the announcement yesterday that a deal to build a new 5MW solar farm in North Yorkshire has been signed off. Kellingley Solar Farm, which will span 28 acres of land…
OPEC Secretary General Attends Meetings, Workshop at Columbia University
The Organization of the Petroleum Exporting Countries (OPEC) Secretary General, HE Mohammad Sanusi Barkindo, and an accompanying delegation, took part in a series of activities at the Columbia University’s Center on Global Energy Policy (CGEP) in New York on 15…
No, Coal Isn’t Coming Back: the Reasons in 5 Charts
The coal industry is on the decline, but the reason for that decline has become a subject of political debate. Supporters of fossil fuels blame the energy policies of the outgoing Obama Administration, claiming the emphasis on renewable energy and…