Powerful lobbying has ensured that energy efficiency is high on the political agenda. With up to €23 billion available in a new round of EU funding, there is ample capital at the disposal of Member States to undertake energy efficiency retrofit programs. The question is: will countries be able to spend this money wisely? In a previous round of funding, energy efficiency programs were deemed ineffective. This time Brussels has imposed new … [Read more...]
M&A activity in renewables keeps growing
M&A activity in the global power and renewables sectors is expected to pick up this year, after the value of deals fell by 10 percent in 2013, according to a new research report from PriceWaterhouseCoopers. Total worldwide power and renewables 2013 deal value was down 10% year on year, reported PWC. But the Asia Pacific region and the renewables sector bucked the trend. Renewables deal value rose 25% the value of Asia Pacific deals was up … [Read more...]
Exclusive report – Boeing reveals “the biggest breakthrough in biofuels ever”
Oil companies watch out. Biofuels are on the verge of a breakthrough that will transform the oil market. Not only that: it will also green the planet. In an exclusive interview with CleanTechnica.com and Energy Post, Darrin L. Morgan, Director Sustainable Aviation Fuels and Environmental Strategy at Boeing, reveals that researchers at the Masdar Institute in Abu Dhabi, funded by Boeing, Honeywell and Etihad Airways, may have achieved "the biggest … [Read more...]
How IT startups can improve energy efficiency
The latest progress in big data analysis has enabled the remarkable development of a group of internet startups which can dramatically change the energy efficiency sector. This group mainly consists of web-based platforms that can track and analyse energy consumption data in real-time. These platforms give the possibility to quantify the results of the implementation of energy efficient technologies. The ability to model and evaluate various … [Read more...]
Brussels: ocean energy could fulfill all our energy needs
The European Commission published an ambitious  Action Plan for “Blue Energy” on 20 January that should pave the way to a vibrant European ocean energy industry. Ocean Energy Europe, a consortium that includes Eon, Alstom and EDF, takes tidal and wave energy very seriously. It has a goal of 100,000 MW installed in European waters by 2050. … [Read more...]
Irena and Abu Dhabi invest in renewable energy projects
The International Renewable Energy Agency (IRENA) and the Abu Dhabi Fund for Development (ADFD) have announced approximately $41 million in concessional loans for renewable energy projects in developing countries. The financed projects have a combined total capacity of 35 MW and will bring reliable and sustainable power to rural communities that are currently lacking access to modern energy services. The loans go to a geographically diverse set … [Read more...]
Global clean energy investment falls for second consecutive year
Clean Energy Pipeline, the online daily financial news and data service dedicated to the clean energy sector, on 16 January released its preliminary analysis of venture capital, private equity, project finance, mergers and acquisitions and public markets activity during 4Q13 and 2013. New investment in the global clean energy sector totalled $58.2 billion in 4Q13, a 15% increase on the $50.7 billion invested in 3Q13 but a 21% decrease on the … [Read more...]
Smart grid and smart city predictions for 2020 (part 2)
Last week, Silicon Valley-based boardroom consultant and smart grid expert Christine Hertzog made five predictions for trends likely to occur in the smart energy sector, including the prediction that “Consumer intermediation threats would abound for utilities”. And wouldn’t you know it, on Tuesday Google announced it is expanding into “smart homes” with the acquisition of Nest Labs for $3.2 billion. One down for Christine! This week she follows … [Read more...]
Dutch green gas initiatives launched
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...]
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