Tag Archives: generation

REA welcomes Treasury’s Focus On Renewables In Infrastructure Guarantee list

Renewables bridging the generation gap this decade—– DECC must bring forward new biomass power plants Submitted on 10/22/13 The Treasury has announced today that a number of renewable energy projects are to be considered for government infrastructure guarantees [1], a move warmly welcomed by the REA. With capacity margins tightening this decade as old coal and nuclear plants are retired, it is crucial to get new capacity built quickly. Renewables, being much quicker to deploy than nuclear or carbon capture and storage, are the only low carbon technologies which can make a meaningful contribution to bridging the generation gap this decade. REA Chief Executive Dr Nina Skorupska said: “For all the fuss about nuclear and fracking, let’s not forget that we’ll be well into the mid- 2020s before Hinkley starts generating or we see meaningful volumes of shale gas in the pipelines. The supply crunch will bite well before then as old plants are retired. The biomass, wind and waste to energy projects in this list, as well as the guarantee already awarded to Drax’s biomass conversion, will be a huge help in keeping the lights on and cutting emissions this decade. “However, the contribution dedicated biomass can make is being stymied in current policy and the new EMR arrangements. We urgently need flexible, low carbon generation from biomass and Government must provide support for new biomass power plants in its Electricity Market Reform programme.” The REA is also pleased to see a Humberside marine energy park and a bio-LNG project on the list as well, which should help drive down costs in less well developed technologies with great scope for innovation and cost reduction. The announcement comes amid a flurry of good green energy news stories, as Estover Energy achieves consent for a combined heat and power biomass plant in Kent [2] and Aquamarine Power reveals the jobs potential of its planned 40MW Lewis wave farm in the Western Isles [3]. Dr Nina Skorupska added: “Congratulations to Estover and Aquamarine Power. Renewables are creating jobs and driving innovation the length and breadth of the British Isles. This is good news for our position in the global race and great news for the long-term security of our energy supply and our climate.” Continue reading

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Avacade Shares Socially Responsible Investment Trends

Taylor Scott International Continue reading

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US Renewable Energy Use Soared In 2012 – Report

Last updated on 19 July 2013, 11:45 am Wind made up 42% of newly installed electrical generation capacity in 2012, with solar and gas also increasing share The US Wind Energy Association estimates 15 million homes can be powered by 45,100 wind turbines (Pic: Flickr/Bonita-La-Banane) US use of renewable energy soared in 2012, according to data published by the USA government funded Lawrence Livermore National Laboratory (LLNL). Wind turbines, solar panels and natural gas saw sharp rises in popularity, contrasting with coal, which continues to lose market share. In a statement LLNL energy systems analyst A.J. Simon said low gas prices had seen it gradually replace coal in the electricity generating sector. He added that the growth of renewables was tied to falling costs of solar and wind systems, together with government incentives to invest in clean energy. Renewables provided 49% of new electricity capacity in the US in 2012, and form a key part of President Barack Obama’s new climate action plan . Existing coal and gas plants are likely to face tougher pollution limits set by the Environmental Protection Agency (EPA), a move Obama says will help the US to meet its pledge to cut emissions 17% below 2005 levels by 2020. American Wind Energy Association (AWEA) statistics reveal there are 45,000 turbines currently operating in 39 US states, generating enough power for 15 million US homes. According to the International Energy Agency (IEA) renewables are the “fastest-growing power generation sector” and could make up 25% of the global energy mix by 2018. “As their costs continue to fall, renewable power sources are increasingly standing on their own merits versus new fossil fuel generation,” said IEA Executive Director Maria van der Hoeven in June. “This is good news for a global energy system that needs to become cleaner and more diversified, but it should not be an excuse for government complacency, especially among OECD countries.” Technology advances The LLNL said “larger more efficient turbines” have been developed in response to government-sponsored incentives to invest in renewable energy. Each year, the Laboratory releases energy flow charts that track the nation’s consumption of energy resources. The LLNL also revealed the US used used 2.2 quadrillion British Thermal Units (BTU), or quads, less in 2012 than the previous year. A BTU is a unit of measurement for energy; 3,400 BTU is equivalent to about 1 kW-hr. LLNL figures reveal the majority of energy use in 2012 was used for electricity generation (38.1 quads), followed by transportation, industrial, and residential consumption. However, energy use in the residential, commercial and transportation sectors decreased while industrial energy use increased slightly. Figures from the US Energy Information Agency (EIA) released yesterday indicate that coal still underpins the US electricity sector, and suggest it may be making a comeback. Total coal consumption was up 11% in first-quarter 2013, compared to the same period in 2012. It has provided 40% of total generation over the past five months, up from 32% in April 2012, when gas prices hit a record low. – See more at: http://www.rtcc.org/…h.IdrM4Ng8.dpuf Continue reading

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