As the urgency of the climate crisis becomes more obvious, nuclear power is drawing another look. The power sector needs to develop to meet climate targets. Renewables (RES) have taken significant share of the energy mix in recent years but going further means securing far more investment and solving the complex challenge of integrating variable power. There is a need for alternatives to run alongside RES, keeping us on track. Matthew Wald from … [Read more...]
The risks related to onshore wind power investment
Bans on subsidies (in some countries) and reduced costs have hit total investment in onshore wind. Meanwhile, market share continues to grow across the EU28. Wind energy now accounts for almost 20% of installed capacity for power generation which makes researcher Schalk Cloete's sobering analysis of risks for onshore wind well worth reading. Following up on his previous article, he examines current assumptions and argues that the discount rate … [Read more...]
