Renewables

Renewables will create increased price volatility – energy market specialist

Renewables will create increased price volatility – energy market specialist

A leading energy market specialist has produced forecast data which shows energy prices, and the volatility of energy prices increasing as the share of renewables in the energy mix increases. The data, processed by Berlin based, Energy Brainpool is from national targets and the World Energy Outlook 2016 from the […]

WERDER, GERMANY - OCTOBER 30:  Wind turbines stand behind a solar power park on October 30, 2013 near Werder, Germany. The German Social Democrats (SPD) and Christian Democrats (CDU and CSU) are currently in the midst of negotiations to form a new German government and renewable energy policy is among their main points of discussion.  (Photo by Sean Gallup/Getty Images)

RET distorts energy markets – Wood Mackenzie

Leading international group Wood Mackenzie has criticised the Australian Renewable Energy Target (RET) for distorting the energy markets. The Study by the group said that the RET created artificial incentives to move toward renewable energy without managing the impact on the grid of the intermittency of renewables. Saul Kavonic, an […]

Concept: High Energy Costs

1 in 3 people worried about energy prices ahead of winter

A new survey has revealed that one in three people in Britain are concerned about the cost of energy as winter rapidly approaches. The findings by consumer group uSwitch show that more than 50 percent of those surveyed were struggling to pay their bills. uSwitch’s findings come as British Gas, […]

British gas to raise bills by 12.5%

British gas to raise bills by 12.5%

The CEO of British Gas’s parent companny Centrica has blamed renewables for British Gas’s September 12.5% rise in energy bills. The average annual bill will rise by 7.3%, £76 to £1120 for those on dual fuel standard tariffs. The increase in cost will effect 3.1 million customers. The parent company […]

Empty seats seen during assembly session at Vidhana Soudha in Bangalore on Friday. –KPN

Solar Targets are “unrealistic” – Influential Indian Parliamentary committee

The Indian Parliament’s standing committee on energy has called the Indian government’s solar plans “unrealistic.” The comments were made in a report called ‘National Solar Mission – An Appraisal’ by the standing committee on energy to the Lok Sabha. The report noted that progress on wind power was satisfactory, “However, […]

Coal will remain the “mainstay” of India’s power mix

Coal will remain the “mainstay” of India’s power mix

A new report released in India has said that coal will continue to be the “mainstay” in India’s energy mix for decades to come. The report was written by the National Institution for Transforming India (NITI) and the Institute of Energy Economics Japan. it highlights the role of modern high […]

Green energy job growth drops

Green energy job growth drops

Green jobs growth has slowed to a five year low in the UK. The chief executive of the Renewable Energy Association, the body who produced the statistics, described the dwindling growth as “deeply frustrating” and cited “policy instability in Westminster” as the cause. The Renewable Energy Association’s latest annual review […]

World Bank report highlights material intensity of renewable energy

World Bank report highlights material intensity of renewable energy

A report by the world bank has said that pursuing renewable energy targets to meet the criteria of the Paris Agreement will be “more material intensive” than our current use of fossil fuels. The report highlights the environmental costs of providing materials for renewable energy sources like wind turbines or […]