biofuels
It’s official: 2008, while being generally miserable for many business ventures, was a banner year for cleantech. The Cleantech Group reports that worldwide cleantech investments last year soared to a record high of $8.4 billion (US). It was the sector’s seventh consecutive year of investment growth. Whether
npower
Supermarket chain Sainsbury’s has signed a deal to take all the power from a 6MW wind farm near Glasgow. The deal, reported by the Financial Times this weekend, is only small (it will provide Sainsbury’s with just one per cent of its electricity requirements) but significant because Sainsbury’
nuclear
The government should shift its investment in renewable energy away from ‘unreliable’ wind power to nuclear and carbon capture and storage to avoid putting the security of the UK’s energy supply at risk. That’s according to a report, The Economics of Renewable Energy, by the House of Lords
wind
The Environment Agency (EA) is planning to build up to 80 wind turbines across the UK as part of proposals to generate its own renewable energy. The EA says the proposals will generate around 200MW of renewable energy – enough to power 90,000 households and save 200,000 tonnes of
offshore
The rising cost of offshore wind farms is giving utility company Centrica a touch of the jitters about its massive wind power investment programme – estimated at about £3bn to £4bn. According to several news reports on Friday – one here in the Financial Times and one here in the Daily Telegraph
energy
The European Commission is proposing a vast ‘super grid’ using wind farms and solar power to help move Europe to a low carbon economy and secure its future energy supply by reducing dependency on imported gas and oil. The EC’s Second Strategic Energy Review acknowledges the dependence on fossil
Vattenfall
Vattenfall is a Swedish power company that has just agreed to buy one of the biggest planned wind farms in the UK. The Thanet wind farm is set to deliver 300 MW, which is quite a hefty chunk of electricity. The largest coal power electricity station generates about 4000 MW.
Llangurig
The number of wind farms spouting the UK hills is staggering. Following a conversation Greenbang had with a stock broker last night, you have to wonder if it’s just because of the generous government subsidies that exist for wind that make it profitable. But would it be profitable without
Norwich and Peterborough Building Society
Rising energy costs are starting to hurt consumers, encouraging them to look for cheaper or more efficient methods of powering their homes. A Norwich and Peterborough Building Society survey found 69 per cent of people were more likely to install energy efficient features in their homes now compared to this
nanowire
Tech company HP is aiming to double its global purchases of renewable power from under four per cent this year to eight per cent by 2012. To help meet this new goal HP has unveiled a range of renewable energy initiatives in its facilities, research and products. HP has recently
Vattenfall
UK commercial wind farm developer Amec Wind Energy has been snapped up by one of the largest electricity generators in Europe, Sweden’s Vattenfall group, for £126.6m in an all cash deal. Vattenfall is aiming to produce 50Twh from wind power by 2030 – enough electricity for around 10 million
E.ON
Energy company E.ON has signed a deal with Siemens Energy for 500 new wind turbines with a capacity of 1,150MW for new projects in the US and Europe. The wind turbines are due to be delivered and installed in 2010 and 2011 and it is the largest single
