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Energy
Western Australia Must Embrace Dawn of Renewable Energy Era or Risk Being Left Behind
Last year the world’s governments finally got their act together on climate change, agreeing to limit global warming to well under two degrees. To meet this commitment, we need a rapid global transition to net zero greenhouse gas emissions. The…
World Bank Approves $1.8 Million Grant to Boost Chilean Geothermal Market
The World Bank Board has approved a US$1.8 million Clean Technology Fund grant to strengthen the Chilean Ministry of Energy’s capacity to further develop the country’s geothermal sector and improve its energy security. The grant will contribute to Chile’s Energy…
Victorian Government to Boost Solar Energy Tariffs from July 2017
Victorians with solar panels will be compensated for reducing greenhouse gas emissions in a planned reward scheme set to increase power costs for other households. Tens of thousands of rooftop solar homes on minimum feed-in tariffs will reap more generous…
Oil Prices Drop as Concerns over Global Fuel Glut Re-emerge
Oil prices fell more than a percent on Wednesday as a report showing a surge in U.S. crude stocks, rising production in Nigeria and squabbling among producers about a planned output cut re-ignited concerns about a global supply glut. Brent…
Renewables Overtake Coal as World’s Largest Source of Electricity Capacity
According to the International Energy Agency (IEA), total clean power capacity increased by 153 gigawatts, overtaking coal for the first time. “We are witnessing a transformation of global power markets led by renewables and, as is the case with other…
Nepal, Bangladesh Agree to Build More Than 1,600 MW of Pumped-Storage Hydropower
The governments of Nepal and Bangladesh have signed an agreement to build two pumped-storage hydropower plants with a total capacity of more than 1,600 MW in Nepal, according to the Kathmandu Post. The agreement was signed Oct. 16 by Nepal…
More Northeast Natural Gas Pipeline Capacity Brings Questions
Led by the surge in Appalachia’s Marcellus and Utica plays, U.S. natural gas production has increased over 50% since 2005 and related infrastructure to move the gas has become short. This is really not just an issue for the U.S.…