LONDON, Aug 13 (Reuters) – Solar module prices may be rising
for the first time in at least five years after Japan introduced
generous subsidies last year, as it turns to renewables to try
to plug the gap left by nuclear shutdowns in the wake of
Solar manufacturers say Japan is the world’s most profitable
market. It is also one of the fastest growing, which leads to
the question of how long it will be able to sustain costly
support for solar.
LONDON, Aug 9 (Reuters) – The European Union will have to
use all means at its disposal to convince people to accept
construction of priority power transmission lines equal to four
times the Earth’s diameter, which are needed to integrate
rapidly growing renewable power.
Options for speeding up planning approvals include more
public engagement at an earlier stage and even prettier pylons.
LONDON, Aug 7 (Reuters) – China’s renewal last week of its
commitment to a domestic 2020 carbon target, under a new energy
saving and emission-reduction investment plan, backs up
forecasts of weakening growth in carbon emissions and coal
But the target also suggests that emissions and coal
consumption will continue to rise through the 2020s, even though
at a slower rate, barring a major intervention including a shift
to cleaner burning gas from coal.
LONDON, Aug 6 (Reuters) – Growing bilateral cooperation
between the United States and China to curb carbon emissions may
lead to a shift in action towards voluntary national policy and
away from international treaties imposing carbon caps.
That shift may be beneficial for climate action, by
garnering wider support than that achieved by failed efforts in
the past to corral all countries into a binding treaty.
LONDON, July 18 (Reuters) – The European Union and Australia
last August agreed to link emissions trading schemes, with the
aim of injecting new momentum into flagging moves for a global
Less than a year on, it is clear they have conflicting aims.
It should not be a surprise, their motives were probably in
opposition from the start: on the European side to fuel demand
for emissions allowances and lift carbon prices in its flagging
market; in Australia, to access cheaper carbon credits.
LONDON, July 17 (Reuters) – Wind power is one of most
favoured and fastest growing sources of electricity in Europe,
and that creates a problem for grid operators and policymakers
who aim to keep the lights on.
The supply of wind power depends on the weather, varying
from day to day or even hour to hour, and that variability means
its reliability is less at any given moment than power from
plants that burn fossil fuels.
LONDON, July 16 (Reuters) – Winds are notoriously footloose
and hard to predict, but for grid operators keen to keep their
customers’ lights on and hold down costs, agreeing on a method
to measure the reliability of the fast-growing electricity
source is vital.
Policymakers and operators around the world have come up
with a range of ways to estimate wind power and a bunch of terms
to measure wind power reliability, including capacity credit,
capacity value and availability factor.
LONDON, July 12 (Reuters) – Policymakers have intense
aversion to the risk of lights going out.
The high degree of uncertainty involved in calculating
future electricity supply, therefore, may lead European Union
governments to overreact.
LONDON, July 10 (Reuters) – Keeping ageing power plants in
reserve may be a better way for European countries to deal with
rising renewable power than more costly and elaborate energy
Many European Union countries are investing in new power
plants to replace ageing assets, to meet EU pollution limits
and, in the case of Belgium and Germany, to accommodate a
LONDON, July 8 (Reuters) – Britain’s wholesale power prices
may well fall, contrary to general expectations, as planned
extra government support for gas and renewable electricity
generation counters the impact of future rises in gas prices.
Lower wholesale prices could hurt gas, coal and some
large-scale, low carbon generation, such as biomass now
operating under a subsidy scheme that will be phased out for new
projects over the next four years.