French union raises last-minute Hinkley challenges
A French union has published a set of last-minute challenges to EDF over its plans to build an £18bn nuclear power plant at Hinkley Point in Somerset, with just days to go before an expected final...
View ArticleEDF delays decision on £18bn Hinkley Point nuclear power plant
The French energy group EDF has postponed giving final approval to the construction of a new £18bn nuclear power plant in Somerset as the board attempts to reassure unions and private investors about...
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£1bn biomass plant to bring 1,700 jobs to Anglesey
Work is set to start on a £1bn combined food and power plant on Anglesey, which will create more than 1,700 jobs. The large biomass plant and eco park will be built near Holyhead after the company...
View ArticleClimate change could devastate Africa. It’s already hurting this Kenyan town.
KALOKOL, Kenya — The lake that Philip Tioko relies on for survival is a fine turquoise strip that seems to recede farther into the distance each day. His fishing village once hugged the shore, but now...
View ArticleTidal Lagoon eyes expansion as political will ebbs
The company building the UK’s first tidal lagoon project in Swansea has secured investment for further projects in the country through a stake sale to the commodity group Liberty House. Liberty and...
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Why Not More Renewable Energy Credits for Biomass?
We recently wrote about how the spending bill signed in December favors solar power with better and longer renewable energy tax credits than it gives to wind power. However, solar also did better in...
View ArticleBP shares tumble after worst-ever annual loss
Shares in BP fell 10 per cent after the UK oil major reported its worst ever annual loss, hit by billions of dollars in writedowns and restructuring charges in the wake of the crude price collapse. In...
View ArticleBeijing Enterprises buys German waste-to-energy group
Beijing Enterprises has bought a German waste management company for €1.44bn, in the largest ever Chinese acquisition of a German business. Private equity group EQT said on Thursday it had agreed to...
View ArticleTreat China’s dubious energy data with caution
The most interesting comment at Davos this year came from the French economy minister Emmanuel Macron who said that he simply did not believe for a second the figures put out by the Chinese government...
View ArticleLargest offshore wind farm gets go-ahead to power 1m homes
A Danish wind power company is to build the world’s largest offshore wind farm off the Yorkshire coast, a £3bn project that will provide enough power for a million homes. Dong Energy took the final...
View ArticleUS to invest in developing renewable energy in Africa
The US House of Representatives has passed the Electrify Africa Act to help develop renewable electricity supply in the sub-Saharan Africa. The bill, which passed on Monday and will now be sent to...
View Articlehttp://www.huffingtonpost.co.uk/2016/02/09/big-church-switch-energy-provider_...
Twenty three countries including the US have reached agreement on the first global standards to cut carbon dioxide emissions from commercial aircraft, the White House said on Monday. The new fuel...
View ArticleSheltered from biggest risks, green fuel to ride out oil crash
Green power is cheap enough to compete with fossil fuels and will buck the trend of falling investment in oil and gas as it can offer long-term returns sheltered from political risk, investors and...
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EDF faces €100bn bill for upgrading ageing nuclear power stations
French utility EDF is facing a €100bn bill for upgrading its ageing nuclear power stations at the same time as a new law could force it to close a third of its reactors, according to the country’s...
View ArticleBritain’s nuclear strategy exposed at Hinkley Point
Ten years ago, when the British government first considered launching a new nuclear programme, Areva, the French nuclear technology company, said it could build reactors that would produce electricity...
View ArticleBiomass consumption booming in Japan
Japan has witnessed a surge in biomass power plants after FIT (fixed price purchase system for renewable energy)system was introduced in July 2012. As many as 33 plants are expected to start...
View ArticleAnalysis finds biomass subsidies could save UK over $2 billion
In February, U.K.-based NERA Economic Consulting and Imperial College prepared an analysis for Drax that makes the case for allowing biomass conversion to compete for contracts for difference (CfD)....
View ArticleThe Chinese are down, but certainly not out of Africa
The Chinese leadership was shaken when market indices plunged after President Xi Jinping’s team failed to shore up an inexperienced and overheating local equities market. China’s trauma suggests that...
View ArticleParis pact offers new deal for Africa, if not yet salvation from carbon
Initial responses to the UN Conference on Climate Change (COP21)’s 12 December Paris Agreement ranged from the euphoric, declaring a historic deal that could save the world, to the grimly pragmatic....
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Engie to cut dividends and expenditure as it seeks to reshape
French utility Engie is to cut dividends from 2017 and sell as much as €15bn of assets over the next three years in a bid to reshape a business that has been hit by sharply lower energy prices. The...
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