The Groningen based gas trading company GasTerra closed the largest Green Gas deal of the Netherlands. GasTerra will buy 23 million m3 renewable gas annually , sufficient for 15,000 households. The gas comes from a company called BioRights that develops a production location in Hardenberg to convert biomass into second generation biofuels. The biogas produced is upgraded to natural gas quality and fed into the gas grid of Gasunie. Also bioethanol … [Read more...]
European venture capital firms support KIC InnoEnergy’s cleanteach startups
A number of top European venture capital companies have signed a collaboration agreement to support the most innovative clean tech start-ups in the EU. In a first-of-its-kind move for the industry, the community will provide KIC InnoEnergy’s 37 European startups with access to €3 billion in the next two years. “This agreement has exceeded our initial expectations. The idea of a VC [venture capital] community was new in this sector, and we did … [Read more...]
China and US largest markets for wind turbines
China will remain the leading global consumer of wind turbine rotor blades over the coming years, with its market value expected to increase from almost $2 billion in 2012 to $3.7 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 8.2%, according to a new report from research and consulting firm GlobalData. The company’s latest report, "Wind Turbine Rotor Blades – Global Market Size, Average Price, Competitive Landscape and Key … [Read more...]
VIDEO: Top 5 EU Environment Priorities – All you need to know for 2014
Sonja van Renssen, leading environment journalist at viEUws.eu, takes a pick at the top 5 environment issues that will be discussed by the EU institutions under the Greek Presidency. The biggest issue on the agenda will be the climate and energy package to be unveiled by the European Commission on January 22nd. ETS and how to include emissions from international aviation will also be high on the agenda, with the European Parliament and … [Read more...]
Smart grid and smart city predictions for 2020
“The smart grid” is a notoriously complex subject that is still quite abstract to many in the energy industry. Few know more about it than Silicon Valley-based boardroom consultant, author (of the bilingual English-Chinese “Smart Grid Dictionary”), and professional explainer Christine Hertzog. In this article she offers her insights on the major smart grids trends to be expected in the coming years. Her focus is on the U.S., but for European … [Read more...]
Saudi Arabia launches Renewable Resource Atlas
With the launch in December of its online Renewable Resource Atlas, Saudi Arabia has taken an important step into bringing its ambitious renewable energy plans closer to realisation. The Atlas will provide developers of solar power (and later also wind power, geothermal heat and waste-to-energy) comprehensive, reliable data on which to base project bids. Heba Hashem of CSP Today reports. … [Read more...]
The greatest business opportunity of our time
Amory Lovins, the founder of the famous Rocky Mountain Institute in Colorado, has written a book in which he presents an energy future without coal, oil or nuclear power. Yet he insists his is not a green or left-wing vision. On the contrary, it will save money and create wealth. “The energy transformation is the greatest business opportunity of our time.” … [Read more...]
2014: the year of energy storage
Energy storage: it’s no longer a problem, it’s become a huge business opportunity. As one market watcher recently put it: “The energy storage industry is in the early stages of what will become a giant global market”. As with any new market, however, it is difficult for participants to find reliable information. Fortunately, there is now the interactive International Energy Storage Database (IESDB) of the US Department of Energy (DoE), which … [Read more...]
EU energy ministers unable to agree on biofuels policy
Ministers in the Transport, Telecommunications and Energy Council on 12 December held an in-depth discussion on a revised version of the draft text, which aims to minimise the impact of land use change on greenhouse gas emissions. The draft indirect land use (ILUC) directive aims to promote the move towards biofuels while limiting the possibility of increased greenhouse gas emissions due to increased biofuels production. It will amend the … [Read more...]
Interview EU Climate Chief Connie Hedegaard: “Climate policy cannot be based on emission reduction alone”
The European Union should adopt EU-wide targets for renewable energy and energy efficiency for 2030, says Climate Commissioner Connie Hedegaard in an interview with Energy Post. She rejects pleas from the energy sector to base EU climate policy solely on CO2 emission reduction targets. She does note, however, that there has been a tendency to “overcompensate” renewable energy, i.e. too generous subsidies. “It was never the plan to subsidise … [Read more...]
IRENA presents unique overview of renewable energy costs
The International Renewable Energy Agency (IRENA) has launched a “unique web portal dedicated to renewable energy cost analysis.” The portal provides access to IRENA’s data and analysis at no cost to users. “IRENA has developed the most current and comprehensive global database of renewable energy project costs available to the public. Our new portal makes this resource available for policy makers, businesses and the renewable energy community … [Read more...]
UK electricity market: financiers are holding the government over a barrel
The UK Department of Energy & Climate Change (DECC) published new “strike prices” for renewable energy on 4 December, claiming these will lead to additional investment of ÂŁ40 billion in renewable electricity generation up to 2020. But according to Michael Knowles, Member of the Institution of Mechanical Engineers, the support scheme is too generous for suppliers and DECC should do much more to drive costs of renewables down. … [Read more...]
WTO should go for Global Green Growth trade deal
The trade facilitation agreement reached by the WTO last Saturday is only a modest step towards a global trade deal. What the world needs now, writes John Mathews, is a Global Green Growth trade deal that would not only enhance the stature of the WTO, but would deliver huge investment in green growth – and far more secure cuts in carbon emissions than any Kyoto-style agreement could ever achieve. … [Read more...]
Renewable Energy Association to UK government: stop “needlessly negative language”
On the eve of the important financial statement from the UK Chancellor of the Exchequer on 4 December, and with the political energy debate getting more and more acrimonious, the UK Renewable Energy Association calls on Chancellor George Osborne to "send a positive signal to investors in the green economy by underlining the Government’s commitment to supporting home-grown renewable energy." On rising energy bills, REA Chief Executive Dr Nina … [Read more...]
Paper industry presents breakthrough decarbonisation technology
The European pulp and paper industry has found a breakthrough decarbonisation technology called “deep eutectic solvents”. It is a brand new technology which, at low temperatures, breaks biomass down into constituent parts which can then be used in the paper and pulp industries. “If utilised at scale this technology could radically change pulp and paper production around the world and replace some of the most energy intensive parts of the current … [Read more...]
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