Rough Guides has published a new book titled The Rough Guide to Community Energy. With financial backing from retailer Marks & Spencer and distribution by energy efficiency pressure group 10:10, the new book is being distributed for free to encourage Britons to launch carbon-cutting and renewable-energy projects in their local communities. The Rough Guide to Community Energy is … Continue reading
The chief executive of UK utility EDF Energy Vincent de Rivaz has broken ranks from the rest of the ‘Big Six’ by extolling the virtues of a possible Competition Commission inquiry into an industry under attack from politicians, regulators and consumers alike. Announcing the decision by the UK subsidiary of France’s state-owned utility EDF to … Continue reading
GE has announced a press conference for 11am CET tomorrow (Tuesday) to launch its new structure for the German market, GE Deutschland. A GE blog states the media will be informed about the new structure and its planned investments, goals and projects at its research centre in Garching near Munich. Millicent Media understands the new unit … Continue reading
An increasing number of British farmers are embracing renewable energy schemes with a potential return on investment of more than 10 per cent, according to UK renewables developer Eco Environments. With income for farmers dropping as commodity prices have plummeted, the farming community has been forced to look for new ways to make money. There … Continue reading
Despite a scaling back of lavish subsidies amid government austerity programmes (and falling costs), the renewables sector is undergoing somewhat of a resurgence. This time last year, shares in the world’s largest wind turbine manufacturer, Vestas, had lost more than a fifth of their value after recording a second consecutive quarterly loss and issuing a … Continue reading
Effective October 1, Siemens is to split its renewables business into two units: Wind Power and Solar & Hydro. Wind turbines, solar power and components for hydro power plants form part of Siemens’ “Environmental Portfolio”, for which revenue totalled €28 billion ($40 billion) in 2010. Michael Suess, CEO of Siemens Energy, said: “We’re separating solar and … Continue reading
The UK Department of Energy and Climate (DECC) latest energy statistics report released today states that electricity generation from renewables rose by a derisory 0.1 per cent in 2010, despite a 15 per cent increase in installed capacity. According to the Digest of United Kingdom Energy Statistics, also known as DUKES, electricity generated from renewable … Continue reading
The average EU Allowance (EUA) price in Phase III of the EU’s Emissions Trading Scheme (EU ETS) will be €22/tonne ($32), according to Thomson Reuters Point Carbon. The €22/tonne figure is €8/tonne less than its October 2010 forecast, “mainly due to the earlier and greater deployment of renewable energy than previously assumed”, said Anne Kat … Continue reading
The UK’s ‘Big Six’ is set to become the ‘Big Five’ as RWE hires Goldman Sachs to conduct a strategic review of npower, its UK power generation and supply business, after voicing its “dissatisfaction” with British energy policy. According to the Sunday Times, Spanish utility group Iberdrola, which owns another of the ‘Big Six’, Scottish … Continue reading
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