Australia eyes Victoria geothermal energy
New figures published by the Victoria government in Australia show that the region has over ten times more geothermal potential than previously estimated.
Click here for full storyRenewable Energy Certificate (REC) are one of the popular subsidy measures used by government around the world to promote Green Energy.However the market pricing of these certificates leads to uncertainty which can deter private capital from investing in projects which depend on REC prices.
Click here for full storyAGL CEO Michael Fraser has a column in the Business Spectator on the need to transition to a clean energy economy.
Click here for full storyFree report about the fundamental points for profiting in today's alternative energy investment sector, by 2GreenEnergy Senior Investment Adviser, Bill Paul.
Click here for full storyThe United Nations listed India as the fifth biggest wind and solar water heating energy producer in a report released on Friday. The report, Global Trends in Green Energy 2009, says the developing world is taking a lead in adopting new renewable technologies.
Click here for full storySenate Democrats' effort to pass climate or energy legislation before the August recess has spurred a flurry of advertising as companies and their lobbying groups work to sway votes.
Click here for full storyAustralia’s Outback serves as a huge carbon sponge and can absorb even more greenhouse gases that cause global warming if its natural resources were just managed properly.
Click here for full storyThe Victorian Government will build up to 10 large scale solar energy plants in the next 10 years.Premier John Brumby made the announcement at a solar test plant at Bridgewater near Bendigo this morning.Mr Brumby says solar projects will provide around five percent of Victoria's energy needs by 2020.
Click here for full storyA resolution reached between Australia’s Tasmania state-owned electricity distribution company
Aurora Energy and renewable energy company
Hydro Tasmania on the negotiated terms of a supply contract under which Hydro Tasmania will sell electricity to Aurora, has been welcomed by the state government.
Click here for full storyGreenpeace welcomes u-turn on mining as opportunity for Key to set new economic course
Greenpeace today welcomed the Government’s about-face on Energy and Resources Minister Gerry Brownlee’s plans to allow the mining of this country’s most precious Schedule 4 protected public conservation lands. And Greenpeace congratulates the huge number of New Zealanders who showed their opposition to the proposals, with over 30,000 submissions against the government’s plans, and over 40,000 people marching in Auckland on May 1.
Greenpeace is now calling on Prime Minister John Key to take his Government’s turnaround to its logical conclusion, and start doing what the rest of the world is doing - investing in the global cleantech revolution rather than in climate-damaging fossil fuels.
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Carbon doubts cut $10b from investment
POWER companies have slashed $10 billion from their spending plans because of growing uncertainty over carbon policy, an industry survey reveals. According to the Energy Supply Association of Australia, utilities expect their capital expenditure on new power stations in the next five years will be $8.2 billion, down from $18 billion last year. The industry, which has complained that repeated delays to emissions trading have stalled investment, blamed the fall on carbon policy uncertainty and tighter access to credit.
Click here for full storyAs state and federal governments announce climate policies that will result in little effect to Australia’s rising greenhouse gas emissions, a new report shows that a 100 per cent renewable electricity supply system implemented in Australia in ten years is technically feasible and affordable
Click here for full storyAustralia’s new Prime Minister Julia Gillard has promised to spend a “record” amount of money to develop the country’s solar and renewable energy sector.
In her address to the nation on Saturday, Gillard outlined major policies for the country, including investments in clean energy.
“Moving forward means making record investments in solar power and other renewable energies to help us combat climate change and protect our quality of life,” Gillard says.
Gillard has at her disposal a $652m fund, announced in the May budget, that is to be spend on renewable energy and energy efficiency measures.
Click here for full story9/07/2010 - he coalition has upped the ante in its opposition to imposing a carbon price on Australians.
Opposition Leader Tony Abbott strengthened his resolve on the issue on Sunday.
"There will be no carbon price on consumers under a coalition government, none whatsoever," Mr Abbott told reporters in Sydney.
Prime Minister Julia Gillard has yet to announce her climate change policy but Mr Abbott is certain it will include a price on carbon.
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India’s 2015 RE Goal Within Reach
Bright news came out of the Indian solar market yesterday as the county’s top energy officials announced that India is capable of reaching its 2015 renewable energy goal. The goal, set by India’s National Action Plan on Climate Change (NAPCC), calls for meeting 10 percent of the nation’s energy needs with renewables.
Click here for full storyAbout half of the electricity in the U.S. is made by burning coal, but a limit on carbon emissions from utilities would lead to a shift toward nuclear, natural gas, and renewable energy, according to a report.
Click here for full storyLONDON 2012 will miss its target to obtain 20 percent of its electricity from new local renewable energy sources, the London Assembly have heard.
Click here for full storyRenewable energy consumption rose 0.6% in the EU in 2008 to 10.3%, compared with 9.7% in 2007 and 8.8% in 2006. Of the EU's three biggest economies, France boasted the highest share at 11% of gross final energy consumption generated by renewable energy sources, followed by Germany's 8.9% and the UK's 2.2%.
Click here for full storySunPower Corp. and Vestas Wind Systems A/S, the biggest solar-panel supplier in the U.S. and the world’s largest wind turbine maker, are losing more than Big Oil from BP Plc’s spill in the Gulf of Mexico.
Click here for full storyA study of South Australia's renewable energy potential says the state could export green power to eastern Australia.
Click here for full storyThe EU's Eastern European newcomers, who still need to catch up with the rest of the Union in terms of economic and social development, face an uphill battle to attain the 'climate targets' laid out in the bloc's 'Europe 2020' strategy, a round-up of articles from the EurActiv media network reveals.
Click here for full storyAustralia's renewable energy target is a mandatory national scheme that aims to boost green energy generation and give investors in large renewable energy projects more certainty on investment returns.
Click here for full storyClean energy accounted for 60 percent of new capacity in Europe, and more than half of new power generation in the U.S., UNEP said today in an e-mailed statement. Alternative power now accounts for about a quarter of global generating capacity, or 1,230 gigawatts out of 4,800 gigawatts, the group said.
Click here for full storyU.S. Secretary of Energy Steven Chu today announced 43 cutting-edge research projects that aim to dramatically improve how the U.S. uses and produces energy.
Click here for full storyThe doubled Victorian Energy Efficiency Target is promised to reduce greenhouse gas emissions by 5.4 million tonnes a year - roughly equivalent to 1 per cent of national emissions.
Click here for full storyThe Victorian government has beaten the federal government to the punch on climate-change policy, announcing it will double an existing state energy efficiency target.
Click here for full storyThe Climate Institute has declared that the Coalition's policies would more effectively tackle climate change than those announced so far by the government.
Click here for full storyAustralia's government has agreed new policies on climate change, a sensitive issue for voters in upcoming elections, including a commitment to set an interim price on carbon, a newspaper reported on Thursday.
Click here for full storyBP has no plans to sell its renewable-energy businesses as the British oil giant seeks to sell billions of dollars of assets in the wake of the Gulf of Mexico oil spill, the head of the company's wind-power unit said Wednesday.
Click here for full storyAustralia has called on China to do more to tackle climate change - despite not having its own climate scheme in place.
Click here for full storyThis week the federal government is expected to announce a national energy efficiency scheme following months of consultation with industry and numerous submissions from stakeholders.
Click here for full storyGE, in conjunction with a group of venture capital funds, has pledged to invest $US200 million in the best ideas to accelerate the development of a smart electricity grid.
Click here for full storyEuropean renewable energy installations hit record levels, and will grow strongly over the next decade, despite the global recession woes. Will the US and Japan turn to space solar energy as described in Sunstroke by David Kagan and dominate the industry?
Click here for full storyUS President Barack Obama's top Senate ally said Tuesday he and other senior lawmakers had drawn up a "rough draft" of climate and energy legislation to be introduced in two weeks.
Click here for full storyGE announced today a $200 million open innovation challenge that seeks breakthrough ideas to create a smarter, cleaner, more efficient electric grid, and accelerate the adoption of more efficient grid technologies. GE Chairman and CEO Jeff Immelt unveiled the challenge, the "GE ecomagination Challenge: Powering the Grid," here today.
Click here for full storyPower company Verve Energy has defended its push to expand coal-fired power generation saying it is essential to energy security in the state.
Click here for full storyScientists say a plant that can be grown in far north Queensland could help to provide renewable energy to the rest of the world.
Click here for full storySiemens is set to unveil a strategic partnership in Russia that will see Europe’s largest engineering group enter the country’s fledgling wind energy market.
Click here for full storyTHE power industry has criticised claims greenhouse gas emissions can be cut without increasing electricity prices, saying political parties are failing to have an ''adult discussion'' about climate change.
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