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Renewables to account for 25% of global energy mix by 2018, says report

2013-06-28 01:00:00| Power Technology

Electricity generation from renewable energy sources will increase 40% in the next five years and will make up a quarter of the global power mix by 2018, according to a new report by the International Energy Agency (IEA).

Tags: account report global says

Investment in renewables may get hit despite rise in wind farm subsidies

2013-06-27 18:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: Subsidies for wind farms, added to the bills of energy consumers, will rise by nearly 10% from next year under the government's reforms of the electricity market. But uncertainties under the new regime, detailed on Thursday, may mean renewable energy companies still find it impossible to invest. The government has not reached a deal with the nuclear operator EDF on what level of support it should receive from energy bill payers for new reactors, but ministers promised a loan guarantee programme...

Tags: hit investment rise wind

The road to renewables

2013-06-22 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Star Gazette: New York has become a battleground for the countrys energy future. Do we through shale gas development lay the foundation for another generation of fossil fuel production and consumption, or not? The heat and intensity of the debate fracking is bad, fracking is good often overshadows an underlying reality that makes the discussion so critical to begin with. That reality is expressed in these simple numbers tabulated by the federal Energy Information Administration: In 2010, New York consumed...

Tags: road renewables

Global renewables sector tops 5.7 million jobs

2013-06-12 15:00:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The UN Environment Programme (UNEP) has today confirmed global investment in renewable energy slowed down last year, even as deployment in key technologies and markets continued to accelerate. The agency has this afternoon published two major reports on progress in the renewables industry, which echo previous studies showing investment fell 12 per cent last year to $244bn, primarily as a result of the drastic fall in the cost of solar and wind power and policy uncertainty in several industrialised...

Tags: jobs global million sector