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Conservation and behaviour change alone will not get us to the dramatically lower levels of CO2 emissions needed to make a real difference. We also need to focus on developing innovative technologies that produce energy without generating any CO2 emissions at all. These are the words of Bill Gates about global warming and the global urge to reduce CO2 emissions. Recently we published an article about Mr. Gates quest to find a clean source of energy that will “save us” from the eminent threats of climate change...
European Union carbon permits advanced to a three-month high as rising German power and U.K. natural gas prices boosted demand for emission allowances. EU permits for delivery in December closed at 15.40 euros ($21.24) on London’s European Climate Exchange after rising as much as 1.5 percent to 15.52 euros a metric ton, the highest intraday level since Nov. 25. The contract extended this month’s gain to 2.8 percent as the European Commission. The EU regulator is considering withholding 500 million to 800 million...
One of Germany's biggest installers of solar panels has set up a base in Kent amid expectations of rapid growth in the UK solar energy market. SunConcept, which also operates in Italy, Spain and South Africa, has opened a subsidiary at Kings Hill, near Maidstone, as a springboard into the UK market. It is hoping to benefit from the government's "feed-in tariff" system, which encourages the installation of solar panels. The system was introduced by the Labour government in April, allowing anyone installing small...
Google has poured millions into solar, wind and geothermal, all investments aimed at its mission to make renewable energy a cheaper source of electricity than coal. But Google’s latest investment via its venture arm Google Ventures in Transphorm, a company that makes super-efficient power modules, could have a greater impact than all of its efforts combined. And here’s the best part, Transphorm’s tech could help Google solve a niggling problem: power-hungry data centers.http://www.bnet.com/blog/clean-energy...
At a time when cutting costs is imperative for many businesses, utility costs can be a significant and unavoidable overhead. Energy costs can account for up to a fifth of the average business' expenditure and this is compounded by a volatile energy market and an increasing amount of complex regulation on the horizon. However this threat can be turned into an opportunity to cut costs and gain competitive advantage if businesses are willing to transform their approach to managing their energy use. From our experience...
British utility Centrica announced record profits on Thursday as news of soaring oil prices continued to put UK energy prices under upward pressure. Centrica's pre-tax profit of GBP1.92bn in 2010 was an increase of 18% over the previous year. ICIS Heren data shows that the key Day-ahead UK price for wholesale gas rose by 38% in 2010 compared with 2009. Year on year, the...
French utility Electricite de France (EDF) has reported a 74% drop in net profit, saying demand for gas and electricity has not returned to levels seen before the economic downturn. In 2010, EDF earned 1.02bn euros (£857m), down from 3.90bn euros the year before. The firm said that although electricity prices were on the rise, they remained low in Europe. The energy situation meant EDF made provisions amounting to 2.9bn euros. http://www.bbc.co.uk/news/business-12461618
UK-based G4S Utility Services has been awarded a £500,000 contract to install gas data loggers for Gazprom Global Energy Solutions. These new installations will provide smart metering capability to a number of high street business brand names from the retail and hospitality sectors. http://yourgreenability.com/g4s-contract-means-smarter-gas-meters-in-uk/
The humble street light is joining the ranks of wind turbines and solar power plants in supplying renewable energy to the electricity grid. A street lamp covered in photovoltaic cells, which can generate more energy from sunlight than it consumes to light the street, is being tested in the UK. And the lamp is already supplying electricity to the National Grid. The SunMast, developed by Scotia, based in Aarhus, Denmark, generates electricity from sunlight during the day, which it supplies to the grid. It then simply...
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