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