Renewable-power projects in the UK will compete for guaranteed payments totaling more than £200million ($340million) a year of as part of its first auction of contracts to spur low-carbon electricity.
An auction of so-called contracts-for-difference will take place this year and an extra £50million a year will be offered at a sale next year, the Department for Energy and Climate Change said today in an e-mailed statement. By 2021 as much as £1billion a year may be available, it said.
Donald Trump will launch a fresh legal challenge against an offshore wind project after the Scottish Government backed a crucial element of the scheme yesterday.
An appeal from developers behind the European Offshore Wind Deployment Centre (EOWDC) was upheld, overturning a local decision from Aberdeenshire Council to refuse planning permission.
The Scottish Government has upheld an appeal by backers of a major offshore windfarm for an electricity substation at Blackdog in Aberdeenshire.
The team behind the European Offshore Wind Deployment Centre (EOWDC) have today welcomed the ruling, which reverses an Aberdeenshire Council decision to refuse planning permission.
Global power group ABB's earnings dropped for a third consecutive quarter, missing analyst estimates, amid mounting charges at the unit for offshore wind and solar projects.
Children currently living near Sellafield or Dounreay nuclear plants are not at an increased risk of developing cancer compared to peers in other parts of Britain, researchers have said.
Alstom, the French engineering company which is selling most of its energy-equipment business to General Electric (GE) to focus on train-making operations, said orders doubled in the fiscal first quarter because of a 4billion euro ($5.4billion) rail contract in South Africa.
Scottish ministers have called an inquiry into contentious plans for a north-east windfarm, amid fears that it could wreak havoc at two international airports.
The wind division of Danish company Dong Energy has sold 50% of its shares in the German offshore windfarm project Gode Wind 2 to a consortium of Danish pension funds for $812million.
A Japanese nuclear plant has won preliminary approval for meeting stringent post-Fukushima safety requirements, clearing a major hurdle towards becoming the first to restart under the tighter rules.
Constructing six tidal lagoons around the coasts to harness power from the tides would contribute £27 billion to the UK economy over 12 years, a report has suggested.
Once built, the fleet of lagoons would supply 8% of the UK’s electricity and would contribute £3.1 billion a year over their 120-year life-time, the study by the Centre for Economics and Business Research (Cebr) said.
The dream of pollution-free coal plants is getting a boost from growing demand for carbon dioxide used to revive old oilfields.
In one of the first projects to harness the C02 waste of a coal plant for oil drilling, power generator NRG Energy Inc. announced today that it’s beginning construction on a $1billion retrofit of its East Texas coal plant. NRG will pump carbon dioxide pollution from the plant deep into a nearby oil field that it partially owns. The idea is to loosen trapped crude deposits, making old wells flow like new while burying the harmful greenhouse gas. Cash from the increased oil production will help pay for the project, NRG said in a statement today.
Global investment in clean energy increased to $63.6billion in the second quarter, boosted by the biggest deal in the industry’s history.
Financing swelled 9% from a year earlier, and 33% from the first quarter, the London-based research company said today in an e-mailed statement. The main driver was the $3.8billion backing of a 600-megawatt offshore wind farm off the coast of the Netherlands.
The UK will fail to meet its targets to cut greenhouse gases over the next decade without stronger and more ambitious policies, the Government’s climate advisers have warned.
The arrival of two giant subsea structures in the Cromarty Firth was hailed as the start of an offshore windfarm boom in the Highlands.
Growth in the sector is expected provide hundreds of new jobs in the area and give the local economy a massive boost.
Engineering researchers at the University of Arkansas have designed integrated circuits that can survive at temperatures greater than 350C (some 660F).
