Wind Farms Saved 36 Million Tonnes of Carbon Emissions over Six Years, Study Shows

13.12.2016

Wind power has played a major role in cutting UK carbon emissions, preventing the creation of almost 36 million tonnes of greenhouse gas emissions from fossil fuel sources over the six years up to 2014, a new analysis has found.

The study, published today in the journal Energy Policy by engineering researchers from the University of Edinburgh, analysed National Grid figures between 2008 and 2014 to assess the power generated by various electricity sources such as wind, coal and gas.

The results show wind farms have made a significant impact in limiting carbon emissions from other sources of power generation in Great Britain, saving the emissions equivalent to taking 2.3 million cars off the road over the six year period.

The study comes after the UK wind industry last week set a new output record of over 10,000MW, delivering 23 per cent of Britain’s total electricity demand for half an hour on Thursday afternoon.

According to the authors, the new study suggests a greater investment in wind energy could help meet Scottish and UK emission reduction targets.

“Until now, the impact of clean energy from wind farms was unclear,” said Dr Camilla Thomson, a carbon footprinting specialist from the University of Edinburgh, who led the study. “Our findings show that wind plays an effective role in curbing emissions that would otherwise be generated from conventional sources, and it has a key role to play in helping to meet Britain’s need for power in future.”

The study indicated that government estimates for carbon savings may have underplayed the benefits from wind farms, with the findings showing 3.4 million tonnes more greenhouse gases were saved than previously thought.

The researchers claim the study is the most accurate of its kind to date as it uses real rather than estimated energy output figures, while also taking the inefficiency of individual conventional generators into account. The detailed data produced in the study shows output figures for every half hour, showing how demand over time was met by power from the various sources.

Green groups welcomed the study, with Lang Banks, director of WWF Scotland saying it shows more clearly than ever just how significant the contribution from wind power and other renewables really is.

“It’s great to finally have an independent and authoritative study that puts a more accurate figure on the massive amounts of climate-damaging carbon emissions being avoided thanks to wind power,” he said in a statement. “The figures in the study highlight just one example of the many benefits that have come from shifting our electricity system to a clean renewable one.

“However, with electricity generation accounting for less than a quarter of our climate change emissions, it’s now time to begin to reap the same benefits by increasing the use of renewables in our heat and transport sectors,” Banks added, urging the Scottish government to increase its 2030 renewables target to 50 per cent of all energy.

Source: businessgreen.com

Fossil Fuel Divestment Pledges Top $5tr, as Investors ‘Fast Losing Faith’ in High Carbon Assets

13.12.2016

The anniversary of the Paris Agreement was marked today with the release of a new report, revealing companies and individuals with nearly $5.2tr of assets under management have now pledged to divest from fossil fuels.

The analysis from impact investing consultancy Arabella Advisors reveals that 688 institutions and 58,399 individuals across 76 countries have committed to divest from fossil fuels, representing a doubling of the reach of the global divestment campaign in the past 15 months. In total institutions and individuals managing $5.197tr assets have pledged to divest from fossil fuel assets.

Outgoing UN Secretary-General Ban Ki-Moon welcomed the latest report, arguing the divestment trend was in line with the goals of the Paris Agreement.

“One year after the adoption of the historic Paris Climate Agreement, it’s clear the transition to a clean energy future is inevitable, beneficial and well underway, and that investors have a key role to play,” he said. “I commend today’s announcement that a growing number of investors are backing a shift away from the most carbon intensive energy sources and into safe, sustainable energy. Investments in clean energy are the right thing to do – and the smart way to build prosperity for all, while protecting our planet and ensuring no one is left behind.”

The analysis confirmed that three quarters of the divestment commitments have come from universities, foundations and faith-based organizations. But the report also noted growing support from the private sector, where a significant number of high profile institutional investors have voiced concerns about their exposure to so-called carbon bubble risks in the wake of the Paris Agreement.

For example, Legal & General Investment Management (LGIM) recently launched a new fund designed to incorporate a climate ’tilt’ to address the investment risks associated with climate change. Meanwhile, a survey last week from banking giant HSBC detailed how many investors had shifted their holdings as a result of the Paris Agreement, and over 40 per cent of listed companies reckoned the treaty would result in a loss in value for certain types of activities or assets.

Mark Campanale, founder and executive director of Carbon Tracker Initiative, which helped popularise the idea of a ‘carbon bubble’ whereby efforts to decarbonise will leave high carbon assets stranded and overvalued, said the surge in divestment pledges underlined how “financial markets are fast losing faith in the investment case for fossil fuels”.

“A technological revolution is underway in the energy and transportation sectors, as cheap solar and electric cars take away demand for coal and oil,” he explained. “With a climate trifecta of physical risks, stranded assets and the threat of legal liability – fiduciaries are now on notice to implement measures to protect their portfolios. Over time, climate risk management will likely become an enforceable obligation, as financial market regulators stand ready to move from rhetoric to tough action.”

His comments were echoed by Lou Allstadt, former executive vice president of Mobil Oil, who argued the oil and gas industry is currently experiencing “an unprecedented level of negative factors – from reduced profits to increased borrowing to pay dividends – while the costs of solar, wind and batteries continue to fall”.

“The prudent fiduciary is acting now to reduce the risk to their portfolios,” he added. “Divestment is speeding up the clock on the final accounting that will show fossil fuels are out and clean energy is in.”

A number of fossil fuel industry executives – including Rex Tillerson, the ExxonMobil CEO who is tipped to become US Secretary of State under the Trump administration – have attacked the divestment movement and ‘carbon bubble’ hypothesis, arguing continued investment in fossil fuels is essential for global development efforts and insisting that if rapid decarbonisation occurs fossil fuel firms can adapt.

However, May Boeve, executive director of campaign group 350.org, said the scale and reach of the divestment trend suggested it had now become “unstoppable”.

“What began on a few college campuses in the US has spread to every corner of the world, squarely into the financial mainstream,” she said. “Divestment has permeated every sector of society: from universities and pension funds, to philanthropic and cultural institutions, to cities, faith groups, insurance companies and more. Now at $5tr, the movement is unstoppable. Institutions and investors must choose whether to be on the right side of history.”

The report came as Trinity College Dublin became the latest high profile academic institution to issue a divestment pledge. “Trinity intends to play our part in delivering on the Paris Agreement, said Dr. Patrick Prendergast, the provost and president of Trinity College Dublin. “We aspire to be a leader in sustainability and climate solutions in every aspect of the College, not only in investments but in our research, and also in how the campus operates. We made this decision following the impressive campaign of our own students’ ‘Fossil Free TCD’. We responded to their call, and today is a historic day for all of us as we participate in this global announcement along with universities and multiple organisations from around the world.”

Meanwhile, a new campaign, dubbed DivestInvest Culture, was also kicked off today to encourage cultural bodies to end their investment in fossil fuels backed by actors such as Mark Ruffalo, Leonardo DiCaprio, and Adrian Grenier.

The developments come in the same week as billionaire Bill Gates similarly marked the anniversary of the Paris Agreement with the launch of a new $1bn clean tech investment fund designed to channel funding into next generation technologies capable of delivering large scale greenhouse gas emissions reductions.

It also comes two days ahead of the expected publication of a series of recommendations from the Financial Stability Board working group, set up by Bank of England governor Mark Carney to investigate climate risks within the global financial system. It is expected to call for more comprehensive climate-related disclosures from listed firms, including an analysis of how firms will cope with a range of climate and decarbonisation scenarios.

Source: businessgreen.com

NIS Investing RSD 18 Billion in Construction of TE-TO Pancevo

12.12.2016

Naftna Industrija Srbije (NIS) is planning to raise a thermal power plant / heating plant (TE-TO) in Pancevo, as well as the Plandiste wind farm, as part of its response to the current oil crisis, said deputy CEO of NIS, Anton Fyodorov.

He pointed out that the construction of TE-TO Pancevo would start the next year.

– This facility will have 140 megawatts of power, its construction will cost RSD 18 billion, and it should be completed in two years – Fyodorov emphasized.

TE-TO Pancevo will be producing electricity for the needs of NIS”s refinery in the city, as well as for Petrohemija, and it will be producing heat for the people of Pancevo. Surplus electricity will be distributed to the electricity market in Serbia.

Fyodorov added that NIS had acquired all the necessary permits for the construction of the Plandiste wind farm. Let us remind that it was announced earlier that the project would be realized by the joint company NIS Energowind, 50% of which is owned by NIS, whereas the remaining 50% is owned by private investors.

During the realization of the project on the territory of the municipality of Plandiste, 34 wind generation devices will be installed, with a total capacity of 102 megawatts. Capital investments in the realization of the project, including the preparation of the base documentation package and the acquiring of all the necessary permits, will amount to around EUR 160 million.

Source: icbbg.rs

Air Quality in Holy City of Varanasi ‘Most Toxic in India’

12.12.2016

Air quality in the Indian holy city of Varanasi is “the most toxic in the country” according to research that reveals the extent of the pollution crisis across northern India.

There has been a growing awareness of the dangers of the smog that envelopes Delhi in the winter months, but a report released on Monday by three environmental groups highlights the extent of the problem across the north Indian plains, where levels of harmful airborne particles are routinely higher than in the capital.

According to 2015 data from the Central Pollution Control Board (CPCB), Varanasi and Allahabad, both located in India’s largest and most populous state, Uttar Pradesh, did not record a single day of “good” air quality in the more than 220 days that measurements were taken.

“Good” air indicates an Air Quality Index score below 50. Anything above 100 – “moderate” – is considered to be dangerous for children, the elderly and people with respiratory conditions.

The report’s lead author, Aishwarya Madineni, said the levels recorded in Varanasi appeared to regularly breach 150, when the air is classified as “unhealthy” and begins to affect the general population.

The researchers found that levels of airborne pollution in Varanasi finer than 2.5 micro-metres – the most harmful variety because they can reach deep into the lungs and breach the blood-brain barrier – were routinely double the safe limit in October and November 2015.

Levels of coarser particles finer than 10 micro-metres were triple the safe limit in 2016 and had increased by more than one-third since 2010, the research showed.

A 2016 World Health Organisation study found that half of the world’s 20 most polluted cities were in India, starting with Gwalior in Madhya Pradesh.

Allahabad and Delhi were also listed as suffering from toxic levels of fine pollution in the WHO report but Varanasi was not measured.

The spiritual capital, which draws hundreds of thousands of Hindu pilgrims to the banks of the Ganges river each year, had just one monitoring station capable of measuring the finest pollution particles, and even that station had “huge gaps in the data”, Madineni said.

The pollution’s cause in Varanasi is much the same as in Delhi: a mix of dust kicked up by traffic and construction sites, vehicular and industrial emissions, smoke from private diesel generators and open fires lit by poorer residents.

Uttar Pradesh is also home to at least 18 coal-fired power stations, the emissions from which can travel hundreds of kilometres and diminish air quality across the region.

Among six cities in Uttar Pradesh highlighted in the report, only two – Kanpur and Agra – had more than 12 “good” air quality days each year. Child specialists cited in the report said there had been an eight-fold rise in respiratory illnesses in Varanasi and the degrading air quality seen as the main cause.

Rates of asthma and patients reporting breathlessness in the city had also increased by up to 25%, according to R N Vajpayee, a pulmonologist and chest physician cited in the study.

Air quality in Delhi fell to its lowest levels in 17 years in the past three months, leading to emergency shutdowns of power stations, construction sites and schools. A 2015 study has shown that about half the capital’s 4.4 million schoolchildren have had their lung capacity permanently compromised because of the pollution.

Source: theguardian.com

Medium-Term Coal Market Report 2016

12.12.2016

Growth in global coal demand will stall over the next five years as the appetite for the fuel wanes and other energy sources gain ground, according to the latest coal forecast from the International Energy Agency.

The share of coal in the power generation mix will drop to 36% by 2021, down from 41% in 2014, the IEA said in the latest Medium-Term Coal Market Report, driven by lower demand from China and the United States, along with fast growth of renewables and strong focus on energy efficiency.

But in a sign of coal’s paradoxical position, the world is still highly dependent on coal. While coal demand dropped in 2015 for the first time this century, the IEA forecasts that demand will not reach 2014 levels again until 2021. However such a path would depend greatly on the trajectory of China’s demand, which accounts for 50% of global coal demand – and almost half of coal production – and more than any other country influences global coal prices.

The new report highlights the continuation of a major geographic shift in the global coal market towards Asia. In 2000, about half of coal demand was in Europe and North America, while Asia accounted for less than half. By 2015, Asia accounted for almost three-quarters of coal demand, while coal consumption in Europe and North America had declined sharply below one quarter. This shift will accelerate in the next years, according to the IEA.

Because it is relatively affordable and widely available, coal remains the world’s number one fuel for generating electricity, producing steel and making cement. It provides almost 30% of the world’s primary energy, declining to 27% by 2021. However it is also responsible for 45% of all energy-related carbon emissions and is a significant contributor to other types of pollution.

“Because of the implications for air quality and carbon emissions, coal has come under fire in recent years, but it is too early to say that this is the end for coal,” said Keisuke Sadamori, the director of the IEA’s energy markets and security directorate, who launched the report in Beijing, China.

“Coal demand is moving to Asia, where emerging economies with growing populations are seeking affordable and secure energy sources to power their economies. This is the contradiction of coal — while it can provide essential new power generation, it can also lock-in large amounts of carbon emissions for decades to come.”

The report also points out that despite the Paris Agreement there is no major impetus to promote the development of carbon capture and storage technology.

Source: iea.org

OPEC and non-OPEC Ministerial Meeting

12.12.2016

HE Novak at 8th JMMC meeting Jeddah — Photo: OPEC

Following the ‘Vienna Agreement’ decided upon at the 171st Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) on 30th November, 2016, Ministers from OPEC met with a number of Ministers from non-OPEC oil producing countries on Saturday, 10th December, at the OPEC Secretariat in Vienna.

The Meeting noted that OPEC Member Countries met on 30th November 2016 and decided to implement a production adjustment of 1.2 million barrels a day (mb/d), effective from 1st January 2017. The Meeting recorded that OPEC Member Countries, in agreeing to this decision, confirmed their commitment to a stable and balanced oil market and underscored the importance of other oil producing countries joining their efforts.

The Meeting recognized the desire of Azerbaijan, Kingdom of Bahrain, Brunei Darussalam, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Sultanate of Oman, the Russian Federation, Republic of Sudan, and Republic of South Sudan, as well as other non-OPEC producers, to achieve oil market stability in the interest of all oil producers and consumers. In this regard, the aforementioned countries proposed to adjust their oil production, voluntarily or through managed decline, starting from 1st January 2017 for six (6) months, extendable for another six (6) months, to take into account prevailing market conditions and prospects.

The aforementioned countries and OPEC, convinced of the necessity to jointly cooperate to help stabilize the oil market, reached the following:

-OPEC maintains its decision made on 30th November 2016, whereby arrangements were recorded following the extensive understanding of OPEC’s adjustment;

-Azerbaijan, Kingdom of Bahrain, Brunei Darussalam, Equatorial Guinea, Kazakhstan, Malaysia, Mexico, Sultanate of Oman, the Russian Federation, Republic of Sudan, and Republic of South Sudan commit to reduce their respective oil production, voluntarily or through managed decline, in accordance with an accelerated schedule. The combined reduction target was agreed at 558,000 barrels a day for the aforementioned producers;

-That two participating non-OPEC countries shall join the OPEC Ministerial Monitoring Committee, consisting of oil ministers, chaired by Kuwait with the Russian Federation as alternate chair and assisted by the OPEC Secretariat;

-To strengthen their cooperation, including through joint analyses and outlooks, with a view to ensuring a sustainable oil market, for the benefit of producers and consumers; and

-To regularly review at the technical and ministerial levels the status of their cooperation.

-Finally, the Meeting expressed its gratitude to the Government and to the people of the Republic of Austria, as well as the authorities of the City of Vienna for their warm hospitality and excellent arrangements made for the Meeting.

Source: opec.org

Enel Starts Operation of Integrated Geothermal-Hydropower Plant in Utah

12.12.2016

Enel S.p.A., through its subsidiary Enel Green Power North America Inc. (EGPNA), has begun operation of its Cove Fort geothermal-hydropower plant. EGPNA added a fully submersible downhole generator technology to a geothermal injection well at Cove Fort in Utah, U.S. The facility began operation in 2013 with a capacity of 25 MW.

“The operation of this technology, a world’s first, is a major milestone for the geothermal industry and a reinforcement of our commitment to innovation and energy efficiency,” said Francesco Venturini, head of Enel’s Global Renewable Energies. “We are creating innovative solutions that are making renewable energy better, stronger and smarter. As a result, we have once again discovered a more resourceful way to maximize plant operations and power generation with the aim of using this technology at our facilities around the world.”

The initial testing phase, from July to September 2016, revealed that adding the hydro generator increased output by 1,008 MWh, offsetting the energy consumption of the Cove Fort plant by 8.8 percent.

The generator technology captures the energy of the water flowing back into the earth while also better controlling the flow of brine back into the ground, Enel says. The name of the company providing the technology was not disclosed.

Cove Fort is EGPNA’s second hybrid power plant to begin operations in the U.S. The first, in Fallon, Nev., combines medium enthalpy, binary cycle geothermal with solar thermal and solar PV technologies.

The Enel Group owns 27.6 GW of hydropower facilities and a total installed generating capacity of 36 GW.

Source: renewableenergyworld.com

Canada Sets its First National Carbon Price at C$10 a Tonne

12.12.2016

The Canadian government has agreed a deal with eight of the country’s 10 provinces to introduce its first national carbon price, Justin Trudeau has told reporters.

The prime minister said the move would help Canada meet its international climate change obligations.

The agreement was struck on Friday only after heated talks. The energy-producing province of Saskatchewan did not sign up, saying the cost would be too great. Manitoba also declined to sign but officials said it might do so later.

Trudeau is promising to impose a carbon price on any province that refuses to sign on.

Under his plan, carbon pollution would cost C$10 (£6, US$7.60) a tonne in 2018, rising by C$10 a year until it reaches C$50 in 2022. The provinces can either implement a carbon tax or a cap-and-trade market.

In November Canada announced it would phase out the use of coal-fired electricity by 2030.

“Taking traditional coal power out of our energy mix and replacing it with cleaner technologies will significantly reduce our greenhouse gas emissions, improve the health of Canadians, and benefit generations for years to come,” the environment minister, Kathleen McKenna, said.

Trudeau is broadly aligned politically with The US president, Barack Obama, who has pushed hard to cut emissions of greenhouse gases.

The US vice-president, Joe Biden, told the meeting he doubted the president-elect, Donald Trump, could undo much of the administration’s policies since many of them had taken firm hold.

The premier of Saskatchewan, Brad Wall, said the carbon price would make Canadian firms less competitive at a time when Trump looked likely to adopt policies cutting energy costs.

Four of Canada’s 10 provinces still use coal-based electricity. Alberta has been working toward phasing out coal-fired electricity by 2030.

Source: theguardian.com

France to Require ‘Clean Stickers’ on Vehicles in High Pollution Areas

12.12.2016

paris-pollution — Photo-illustracija: Pixabay

French motorists in high pollution areas will be required to display a “clean sticker” on their vehicle from January to combat pollution that has created a cloud of noxious smog in Paris and other cities.

The six differently coloured Crit’Air (air criteria) stickers will be large enough for the police to see at a distance and will indicate the age of the vehicle, its engine and cleanliness on a scale of one to six.

Although emergency vehicles, vintage cars and certain delivery and security vans will be exempt from the regulation, to take effect from 16 January, stickers will be obligatory for motorbikes and scooters.

On weekdays, vehicles without the stickers will be banned from entering designated zones à circulation restreinte (ZCR – low-emission zones), which will be determined by local authorities based on pollution evaluations.

Announcing a raft of measures to combat the increasing problem of pollution in France’s cities, the ecology minister, Ségolène Royal, said the government was “taking the problem seriously”.

“What we now need is a revolution bringing clean transport, responsible cities, electric vehicles in cities and different ways of moving around,” Royal said.

The alternating traffic rule – in which cars with odd or even registration plates are banned from cities – was enforced for a record four days in Paris last week. It was dropped after the pollution improved over the weekend when the roads were less busy. But Airparif, which monitors air quality in the French capital, warned that the smog, which led to a rise in asthma and hospital admissions for breathing difficulties and caused schools to cancel outdoor sports, could return with the rush-hour traffic on Monday.

Other measures announced include an extension of the “superbonus scheme” in which vehicle owners can obtain a €10,000 (£8,400) payment for changing an old polluting vehicle for an electric one. Until now this has been offered to private car owners but is to be extended to taxis and vans.

From January, the government will also offer €1,000 to those buying an electric scooter.

The Paris mayor, Anne Hidalgo, who has made fighting pollution in the city a priority, has declared she wants the capital free of diesel vehicles by 2020 and the whole of France by 2025.

Source: theguardian.com

Commission Takes Italy back to the Court and Proposes Fines

12.12.2016

The European Commission is taking Italy back to the Court of Justice of the EU for its failure to fully and completely comply with the Court’s judgment of 2012. The Italian authorities have still to ensure that urban waste water is adequately collected and treated in 80 agglomerations across the country out of the 109 covered by the first judgment to prevent serious risks to human health and the environment.

On 19 July 2012, the Court of Justice of the EU ruled (case C-565/10) that the Italian authorities were violating EU law (Council Directive 91/271/EEC) by not adequately collecting and treating the urban waste water discharged by 109 agglomerations (towns, cities, settlements).

Four years later, this issueremains unaddressed in 80 agglomerations, covering more than six million people. These include areas in seven Italian regions: Abruzzo (one agglomeration), Calabria (13 agglomerations), Campania (seven agglomerations), Friuli-Venezia Giulia (two agglomerations), Liguria (three agglomerations), Puglia (three agglomerations), and Sicilia (51 agglomerations). The lack of adequate collection and treatment systems for these 80 agglomerations poses significant risks to human health, inland waters and the marine environment.

The Commission is calling on the Court of Justice of the EU to impose a lump sum payment of €62,699,421.40. The Commission is also proposing a daily penalty payment of €346,922.40 if full compliance is not achieved by the date when the Court issues its ruling. The final decision on the penalties rests with the Court of Justice of the EU.

Ensuring that all urban areas have waste water treatment facilities working properly can bring considerable benefits to EU citizens, as untreated water poses risks to human health and the environment.

Source: europa.eu

Clean Energy Jobs Increasing, Fossil Fuel Jobs Decreasing, Says IRENA

12.12.2016

IRENA, the International Renewable Energy Agency, says the trend is clear. Jobs in clean energy industries like solar, wind, geothermal and hydroelectric are increasing while jobs in oil, natural gas, and coal extraction are decreasing worldwide. About 8.1 million people worldwide had jobs in the clean energy in 2015. That’s up from 7.7 million in 2014, according to the latest figures from IRENA.

The clean energy advocacy group, which is based in Abu Dhabi, says jobs in the solar industry in the US were greater than those in oil and gas extraction for the first time in 2015. Job creation in the solar sector grew 12 times faster than overall job creation. By contrast, oil and gas producers slashed 351,410 jobs worldwide since prices began to slide in the middle of 2014, according to Houston-based Graves & Co.

“The continued job growth in the renewable energy sector is significant because it stands in contrast to trends across the energy sector,” said Adnan Amin, director-general of IRENA. “This increase is being driven by declining renewable energy technology costs and enabling policy frameworks. We expect this to continue as the case for renewables strengthens and countries move to achieve climate targets.” IRENA predicts there will be 24 million jobs in clean energy by 2030, driven in large measure by efforts to meet carbon reduction targets agreed to by all nations at the COP 21 summit in Paris last December.

In a trend little noticed by the mainstream press, renewable energy is starting to gain a foothold in rural America, the very place where Donald Trump support is strongest. People may disagree about climate change and what to do about it, but simple economics are driving a switch over to renewable energy in so-called red states like Texas, Oklahoma, and South Carolina.

Polls show that voters across all political fault lines strongly favor renewable energy. One such poll done by Hart Research on behalf of NextGen Climate Action shows that 70% of swing state voters support the goal of 50% clean energy by 2030, including 54% of Republicans. James and Deborah Fallows have been crisscrossing the country on behalf of the American Futures project. They say their task is “taking seriously places that don’t usually get registered seriously.”

What they are finding in their travels is that renewable energy projects in rural America are giving small town residents pride in their contribution toward green jobs and greener energy. People who make that pride part of their identity become more open to further action. Someday they may even come to see themselves as part of a larger struggle against climate change.

Source: cleantechnica.com

REECO Holding named a new management in REECO SRB

09.12.2016

REECO Holding named a new management of the office, responsible for Western Balkans activities in Novi Sad. Ms. Ljiljana A. Milanković, is the new project manager of REECO in Serbia.

Plans for 2017 and organisation of brand new concept of the trade fair and conferences which will take place in April in Belgrade, gathering water and energy sector from entire Western Balkans region and South East Europe, require coordinated activities and networking of all REECO Group offices. Realization of this plan began with working visit of General Director of REECO Holding GmbH & Co to Novi Sad office.
“We continue as the best platform for transferring knowledge in renewable energy. I invite you, together to make a Western Balkan region more energy efficient part of the world. See you in Belgrade in April at RENEXPO® Water & Energy event” – Ljiljana A. Milanković, Project Manager of REECO SRB

“REECO Group activities in the region, additionally to organising trade fairs and conferences include the announcement of the future steps that each Western Balkans country must take in the field of energy efficiency, renewable energy and environmental protection. Clear planning visions and highly dedicated team with huge experience in organising trade fairs in Germany, Austria, Poland and Serbia is the key to our successes. Speciality and leading position of the company is reflected in connecting and coordinating across board businesses. New concept that will be presented in April by REECO SRB will be an excellent opportunity for our customers to experience this ” – said Johann-Georg Röhm the director of the company.

RENEXPO® Water & Energy, Trade Fair Exhibition, Conferences, Open Forum Seminars present: Hydro Power, Biogas, Biomass, PV and Wind Energy. Next to renewables, water sector is presenting: Waste Water Treatment, Drinking Water and Risk Disaster.

Visitors have the opportunity to learn (be informed) about updates and innovations in the Energy Efficient Houses, Heat Pumps and Heating / Cooling System. E- Mobility is taking place in the exhibition hall, giving the opportunity to the visitors to test electric vehicles.

Source: REECO

New Challenges and Goals in the Renewable Energy- and Environmental Business in the Western Balkans

09.12.2016

After a very successful market introduction of RENEXPO® trade fairs and conferences for international experts, industry and inv estors in Serbia and Bosnia and Herzegovina, Myriam Dobrota opens a new chapter in the region.

Effective December 2016 her company RESENVA-Consulting in Nov i Sad is handling market research and dev elopment for investors and international industry in Renewable Energy and Environment and provides the connection to all regional counter parts in the private- as well as public sector. The water-sector in the region w ill be covered via the third office of TCC Danubius, associated with GWP – German Water Partnership, which w ill be managed by Dobrota for the countries Serbia, Bosnia and Herzegovina and Macedonia under the same address.

“The last 3 years have been very challenging for me. In a very short time the brand RENEXPO® and new markets in the region have been established and positively introduced. I enjoyed every moment in my previous engagement with REECO, but I am looking forward to new and even bigger goals that are ahead of me.”

SunPower Shuts Plant, Cuts Jobs 25 Percent to Survive Solar Slump

09.12.2016

SunPower Corp. is following through with a planned restructuring effort that will reduce its workforce by 25 percent to cut costs after solar prices plunged in an oversupplied market.

The second-biggest U.S. panel-maker will cut 2,500 employees to reduce operating expenses next year to less than $350 million, the San Jose, California-based company said in a statement Wednesday. It’s closing a factory in the Philippines that can produce about 700 MW a year.

The restructuring effort comes as increased panel production worldwide floods the industry, driving down prices 31 percent this year. With demand expected to decline in 2017 in China, the world’s biggest solar market, global installations are expected to increase at their slowest pace in at least a decade. That prompted Chief Executive Officer Tom Werner to close SunPower’s high-cost Fab 2 facility in the Philippines, to improve margins.

“It was our first large-scale cell processing facility,” Werner said on a conference call Wednesday. “It was older equipment and higher-cost.”

The company announced last month that it was developing a restructuring plan, after reporting its fifth consecutive quarterly loss. SunPower rose 14 percent to $7.95 at the close in New York. The shares have declined 74 percent this year.

Restructuring Charges

The moves will result in restructuring charges of at least $150 million this quarter, and $75 million to $125 million next year. The effort is expected to leave the company with about $300 million in cash at the end of next year.

SunPower isn’t the only manufacturer to idle factories after module prices sank. First Solar Inc., the largest U.S. panel maker, last month said it will eliminate 1,600 jobs and shipments will shrink to as little as 2.4 GW of panels next year, down from its forecast of as much as 2.9 GW this year.

Werner said some Chinese manufacturers are shutting older, lower-efficiency factories and shifting to higher-efficiency products that use mono-crystalline polysilicon, instead of multi-crystalline products that are cheaper and less efficient. That may help balance supply with demand as early as the second half of next year, Werner said.

“We’re seeing some evidence that they’re retiring multi-crystalline and converting,” Werner said. “There are capacity reductions coming.”

Source: renewableenergyworld.com

Paris Suffers Worst Air Pollution in 10 Years, Limits Cars and Makes Public Transit Free

09.12.2016

For the third day in a row, air pollution blanketed Paris, which authorities called the worst bout for at least 10 years. The city imposed driving restrictions and made public transit free.

Unusually calm air failed to disperse vehicle emissions and particulates from wood fires, creating conditions that have veiled the Eiffel Tower in a gray haze.

Paris has instituted a system based on alternating odd or even license plate numbers to ban certain vehicles from city streets, effectively cutting traffic in half each day. This is just the fourth time in 20 years that Paris has taken this step, and the first time it has been in place for consecutive days.

“Cars are poisoning the air,” Paris city hall transport official Herve Levife told Reuters. “We need to take preventive measures.”

“We want these bans to automatically take effect when the pollution exceeds a certain level, not have to negotiate them with the government each time,” Levife added.

More than 1,700 drivers were issued tickets for violating the ban on Tuesday, which carries a fine of 35 Euros, or about $37.42. Hybrid and battery electric vehicles, as well as those carrying three or more passengers, are exempt.

All public transit was made free, putting a strain on commuter systems as crowds piled onto trains and buses. The city’s bike-share system was also free to use.

Along with Paris, the French cities of Lyons and Villeurbanne were expected to impose similar measures.

Readings of particulate matter exceeded 80 micrograms per cubic meter. The European Union has set a maximum daily average of 50. Particulate matter, due to its small size, can be inhaled deeply into lungs. High exposure can cause asthma, lung cancer, cardiovascular disease, respiratory diseases, birth defects and premature death.

Beginning July 1, Paris banned all cars 20 years or older. Longer-term, Paris and three other cities—Athens, Madrid and Mexico City—will ban diesel engines by 2025 as announced earlier this week. Diesels area major emitter of particulate matter pollution.

In March 2015, the air quality index in Paris briefly made it the worst polluted city in the world.

Source: ecowatch.com

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