The UK government is recruiting staff for the world’s first green investment bank dedicated solely to investing in green projects. The Green Investment Bank will work towards a ‘double bottom line’ of significant green impact and financial returns. Meeting the need with the capital available will be a major challenge. A UK Parliamentary Committee concluded […]
About Aedan Kernan
Aedan is a business communications specialist with interests in the development of new technologies and in environmental issues. He is a former managing editor of Supply Network magazine and former editor of Industry Europe. He has edited or written Annual Reports for public limited companies in the UK and the Netherlands. Aedan has also written extensively for Higher Education institutions, mainly on research and internal management issues.Policy Patchwork for Renewable Energy in Canada
The phrase ‘renewable energy in Canada’ makes no sense. “Canada is a confederation and not a federation. And that distinction is really important for understanding how energy flows – it doesn’t matter whether that is electricity, gas or oil,” says Professor Michal Moore from the Institute for Sustainable Energy, Environment and Economy at the University […]
Renewable Energy Vision for South East Asia
Renewable Energy Vision for South East Asia. An Australian renewable energy visionary is proposing a renewable energy super grid for South East Asia. It would connect largescale renewable energy sources in Australia and Mongolia to Asia’s power-hungry billions. The levels of direct solar radiation in western and southern Australia make the region one of the […]
South Korea’s Green Energy Road to Export Growth
Green energy has been identified as South Korea’s next long-term export opportunity. The country has built global leadership in industry sectors through hard-headed, long-term, strategic alliances between government and the country’s largest conglomerates and a new policy, entitled Green Growth, is intended to take this global leadership into the future. “The Green Growth policy is […]
Renewable Energy Developers want a Feed-in Tariff for Poland
A feed-in tariff for Poland would deliver certainty and promote investment, according to local renewable energy developers. The unpredictability of the prices of renewable energy certificates (‘green certificates’) was identified in a survey of Polish developers as the greatest obstacle to renewable energy investment in the country. The difficulty of obtaining grid connections, permitting administration, […]
Community Ownership Best for Renewable Energy Development
Community ownership may be the best way to achieve rapid renewable energy development. Early wind power projects were often small-scale and based on cooperative principles where the governance and the benefits were evenly shared. That was somewhat swept aside in the 1990s, Industrial-scale renewable energy needs industrial-scale, efficient, market-based investment, it was argued. As the […]
Investors in Indian Wind Energy want rapid depreciation not feed-in tariffs
Investors in Indian wind energy want rapid depreciation as an incentive not feed-in tariffs – choosing certain savings now over government incentives that are dependent on the performance of their wind turbines. Developers in India installed a record 2,827MW of wind energy capacity in 2011. China and the US were the only countries to install […]
Whisky Waste Provides Bio Energy Source
The waste from Scottish whisky production will be converted to a bio energy source. The advanced biofuel it produces is very close to gasoline in energy density. Each year the Scottish whisky industry produces about 1.6 billion liters of ‘pot ale’ and 500,000 tonnes of ‘draff’ as waste by-products. Celtic Renewables, a spin-off company from […]
Hydro and wind energy balancing
Hydro generation can balance wind energy and help solve the problem of wind power intermittency. Though, according to a report from the IEA’s Wind Task 24, Europe’s hydro generation has not been developed with balancing services in mind. Close to 50% of Europe’s hydro storage capacity is in Norway, which has 84 TWh of hydro […]
Wind Is The Cheapest Power Source in Uruguay
Wind Is The Cheapest Power Source in Uruguay. Uruguay’s state utility UTE is purchasing wind-generated electricity at less than half the price per MW hour that it pays for power generated from fossil fuels. The average winning price in a recent Uruguayan auction for three 50MW wind power projects was US $63.70 per MWh. The cost […]
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