Senior Environmental Markets Correspondent
Gerard's Feed
May 2, 2012

The surest electricity investment? Cables: Gerard Wynn

LONDON, May 2 (Reuters) – The electricity transmission
sector has escaped the kinds of competitive pressures stalking
energy supply technologies, offering investors less risky, solid
growth, but they require massive expansion and upgrade projects
that often face delays.

Cut-throat Chinese competition has crushed margins in
renewable energy manufacturing, creating a cycle of falling
subsidies and rising overcapacity for wind turbines and solar
panels, which has led to layoffs and bankruptcies.

Apr 26, 2012

Green energy projects need more bond finance: Gerard Wynn

LONDON, April 26 (Reuters) – Europe needs to engage the
multi-trillion-dollar bond market in financing renewable energy
projects, but bonds can’t altogether replace bank loans, which
are contracting sharply.

European Union countries lead the world in targets to deploy
wind, solar, bioenergy in power generation, but meeting these is
another matter following sharp falls in bank lending, the
traditional mainstay of energy project finance.

Apr 25, 2012

CO2 data conflicts overshadow shale oil and gas: Gerard Wynn

LONDON, April 25 (Reuters) – More data on the greenhouse gas
emissions impact of shale oil and gas is needed to pinpoint
their climate impact, something which recalls a controversy
over Canadian tar sands where opposing lobby groups were said to
have cherry-picked data.

Shale gas has revolutionised the U.S. energy industry,
pressuring prices while tight (also called shale) oil production
is on a steep upward curve. Each was enabled by advances in
horizontal drilling technology.

Apr 23, 2012

Unknown cost of offshore wind a concern:Gerard Wynn

LONDON, April 23 (Reuters) – As countries go offshore to
generate more consistent wind power and avoid blight to their
landscapes caused by onshore turbines, they will be increasingly
limited to unproven, floating turbine designs, adding to doubts
over cost.

The problems underline the fraught issues behind a modern
energy strategy, balancing carbon emissions, security of supply
and affordability.

Apr 20, 2012

EU CO2 market proposal leaves prices in limbo: Gerard Wynn

LONDON, April 20 (Reuters) – The European Commission has
smartly dodged a Polish roadblock on carbon market reforms, but
only with a short-term proposal for boosting prices which could
still leave these languishing until 2015 or beyond.

The European commission is in favour of higher carbon
prices, to drive emissions cuts, but at least one EU member
state, Poland, disagrees, and from there stems a skirmish which
threatens the scheme.

Apr 19, 2012

Green energy M&A? First find a buyer: Gerard Wynn

LONDON, April 19 (Reuters) – The plunging share prices in
green energy manufacturers has fuelled speculation of a takeover
spree – but there is a catch: finding a buyer in a falling
market.

The same share price collapse which saw renewable energy
companies emerge as bargains makes them risky until the bottom
of a continuing fallout is more clearly in sight.

Apr 18, 2012

Column – Global CO2 accounting needs a second look: Gerard Wynn

LONDON (Reuters) – Including imported goods in national carbon targets would usefully cast more light on the murky world of emissions accounting, which has until now flattered rich countries and helped emerging economies avoid targets.

To date carbon targets have focused exclusively on territorial emissions within a country’s borders, from factories and power plants, car tail pipes and homes, and only in developed countries.

Apr 18, 2012

Global CO2 accounting needs a second look: Gerard Wynn

LONDON, April 18 (Reuters) – Including imported goods in
national carbon targets would usefully cast more light on the
murky world of emissions accounting, which has until now
flattered rich countries and helped emerging economies avoid
targets.

To date carbon targets have focused exclusively on
territorial emissions within a country’s borders, from factories
and power plants, car tail pipes and homes, and only in
developed countries.

Apr 4, 2012

Policy blindspot misses energy storage: Gerard Wynn

LONDON, April 4 (Reuters) – Neglected power storage
technologies have a big role in a future low-carbon grid if
policymakers can find a way to reward nuanced benefits,
including avoiding price spikes and reducing the need for backup
power.

The essence of storage is simple: to transfer power supply
to peak from off-peak demand. Or, in the case of renewables,
from days when it’s sunny or windy to those when it isn’t.

Mar 29, 2012

World wind market faces US tax credit hit: Gerard Wynn

LONDON, March 29 (Reuters) – A struggling green energy
industry faces a further drag next year as the proposed renewal
of U.S. wind power tax credits languishes in Congress, adding to
project finance woes and falling subsidies in Europe.

Wind power is feeling pangs as western governments trim
subsidies, whose costs fall on austerity-hit populations,
leading to over-capacity and falling equipment prices.

    • About Gerard

      "Based in London, for four years I have helped coordinate Reuters global coverage of green business and environmental markets. I focus on policies and investment related to renewable energy, carbon markets, energy efficiency and emerging clean technologies including electric cars. I also cover UN climate negotiations, biodiversity, land use and climate science. Previously I covered distressed M&A and credit markets on the corporate finance desk."
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