Tag: renewable energy

Uniper win German gas power plant contract

Uniper win German gas power plant contract

Uniper has won the contract to build the first German gas-fired power plant in a decade, which will act as a “safety cushion” for the country that has recently increased its reliance on renewables. The 300 mega-watt plant (MW) will be located in the southern town of Irsching and will […]

SSE lose £80m in profits because of good weather

SSE lose £80m in profits because of good weather

Reduced output from renewable energy sources and higher gas prices have led to an £80 million hit on operating profits at SSE during the first quarter of this financial year. The Big Six firm has stated that its operating profits, for the three months to the end of June, have […]

Green energy to cost global economy trillions

Green energy to cost global economy trillions

Research from the University of Cambridge has found that the burst of the “carbon bubble” will lead to another drastic downturn of the global economy that will cost trillions of dollars. In the case of such a downturn, the study predicts mass unemployment that would result in the populist leaders […]

Study: Renewable forecasts are over-optimistic

Study: Renewable forecasts are over-optimistic

A study from Imperial College London has found that forecasts on the role renewable energies will play in the global energy mix could be over-optimistic and should be used with caution. A paper published in the journal Joule, says studies that forecast a near 100% renewable power grid by 2050 […]

Centrica boss says shift to ‘clean energy’ is too expensive

Centrica boss says shift to ‘clean energy’ is too expensive

The Chief Executive of Centrica, Iain Conn, has said that politicians have failed to make any changes to the energy market due to the tensions and the high costs associated with such a transition. Speaking at ‘A New Era for Energy Politics’ in Davos, Conn described that the global transition […]

Trump imposes levies on solar imports

Trump imposes levies on solar imports

US President Donald Trump has imposed severe tariffs on imported solar panels in the first of several proposed trade restrictions. During the first year of implementation, a 30% tariff will be imposed which will decline to 15% by the fourth year, but the tariff will allow 2.5 gigawatts of unassembled […]

UK green investments halve

UK green investments halve

Investment into green energy plummeted for the second year in a row as a result of the confusion within government over its energy policies. According to Bloomberg New Energy Finance, investment into wind, solar and other renewables declined by 56% to £7.5 billion in the UK. Alan Whitehead, shadow energy […]

Reliance on renewables risks leaving the UK exposed to the elements

Reliance on renewables risks leaving the UK exposed to the elements

As wind and solar increase their share of the UK energy market, the risk of losing energy also grows as the system becomes vulnerable to the British weather. Following the unusually cold winter of 2009-10, which saw mean temperatures plummet to 1.5C, researchers working on the European Climatic Energy Mixes […]