With wind power technology gaining increased popularity and institutional support from across the world, the wind turbine towers market is expected to increase from $12.1 billion in 2013 to $19.3 billion by 2020, at a Compound Annual Growth Rate (CAGR) of 6.9%, says a new report from research and consulting firm GlobalData. According to the company’s report*, China had the largest amount of wind turbine towers installed in 2013, reaching a … [Read more...]
Interview: David Walker, CEO DNV GL-Energy : “Renewable industry should drive down costs”
Renewable energy has the future, but the industry has to do all it can to drive down costs. Technologies like offshore wind and energy storage, but also smaller scale renewables, are still “quite expensive”, says David Walker, CEO of DNV GL-Energy, one of the four business units of DNV GL, the new certification and consultancy giant that emerged last year out of the merger between DNV of Norway, GL of Germany and KEMA of the Netherlands. Walker, … [Read more...]
European Parliament votes for three targets, calls Commission short-sighted
MEPs called on Wednesday for a 40% cut in CO2 emissions, a 30% target for renewable energy and a 40% target for energy efficiency by 2030, under the EU's new long-term climate-change policy. These targets should be binding, they say. MEPs also criticised the European Commission's recent proposals as short-sighted and unambitious. Parliament calls on the Commission and EU countries, in its resolution adopted on Wednesday by 341 votes to 263, … [Read more...]
VIDEO: Brussels Briefing on Energy – All you need to know for the month of February 2014
Hughes Belin, leading journalist at viEUws.eu, provides an overview of the European Union’s most pressing energy issues: - The 2030 Climate & Energy Framework (emission reduction and renewables target) - Postponed measures on energy efficiency - Coming up: the European Council will discuss the Commission’s proposals on the 2030 Climate & Energy Framework on March 20 and 21 - Outcome of the reports on the drivers of energy costs and … [Read more...]
European power markets coupled from Finland to France
In a "landmark move for the future of Europe’s power markets", the four Power Exchanges and 13 Transmission System Operators (TSOs) in the North-Western Europe (NWE) day-ahead price coupling project have today successfully launched NWE Price Coupling. For the first time, the NWE region, stretching from France to Finland, operates under a common day-ahead power price calculation using the Price Coupling of Regions (PCR) solution. The same solution … [Read more...]
Masdar, Abu Dhabi and the future of our global energy system
Abu Dhabi likes to see itself as a global capital of renewable energy – but its ventures into sustainability are built on oil riches, which the country is not prepared to give up. Hypocritical? Perhaps, but it’s a hypocrisy shared by the rest of the world. Most countries and companies are pursuing an energy transformation which at the same time they are kicking down the road. And yet, writes Energy Post editor Karel Beckman in a reflective essay … [Read more...]
How to integrate PV into the grid
The Europe-wide PV GRID consortium has released a consultation document containing key recommendations for the adoption of technical solutions to ease the integration of photovoltaics (PV) into the distribution grid. Over the next three months, fifteen national workshops will take place throughout Europe presenting and discussing the project's findings. Since May 2012, the PV GRID project consortium has been working on identifying and … [Read more...]
Changing landscapes not global warming to blame for increased flood risk
Major flood events occur around the world every year, but with international loss databases documenting increased incidents of flooding, more material loss and greater fatality rates, are these events on the increase, and are they getting worse? A new study published in Hydrological Sciences Journal examines the key reasons for increasing frequency and severity of floods; considering whether this is due to improved reporting by the media, an … [Read more...]
The energy efficiency credibility gap: does EU funding really pay off?
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...]
How the Iraqi oil surge will change the global energy landscape
Iraq is returning to an energy market which is radically different than the one it was forced to leave years ago, and its OPEC partners now also have a different view on Iraq’s participation. A new paper by Sammy Six and Lucia van Geuns of the Clingendael International Energy Programme (CIEP) assesses how current market developments impact the strategic position of Iraq - and vice versa: how Iraq is likely to impact the global oil market. The … [Read more...]
VIDEO: “Special rules needed for energy intensive industries”, argues E.ON CEO
Sonja van Renssen, leading environment and climate journalist at viEUws.eu, is joined by Dr. Johannes Teyssen, CEO of E.ON and President of Eurelectric to discuss the potential for competitivenesswithin the 2030 Energy and Climate Framework. Dr. Johannes Teyssen argues that competitiveness and the 2030 climate and energy strategy are not contradicting each other: “If climate policy is implemented efficiently, it can go alongside … [Read more...]
Water shortages slow energy production worldwide
The World Bank has launched a new initiative that will help developing countries better plan and manage scaling-up energy capacity to meet rising demand, in tandem with water resource management. Producing energy requires a lot of water. Yet, the availability of and access to water is negatively impacting energy production around the world. Last year alone, water shortages shut down thermal power plants in India, decreased energy production … [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...]
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