Iran is working on regulations to attract investment in renewable energy, according to Elham Aminzadeh, adviser to President Hassan Rouhani, as the nation considers solar, wind and hydro power as ways to diversify from regular crude-based fuel.
Scottish ministers have written to the UK Business Secretary amid claims indecision is putting at risk more than £1.3billion of funding for large-scale renewable energy products.
Ministers have granted planning permission for a 19-turbine wind farm in the south of Scotland despite a local council claiming it would “unacceptably harm” the landscape.
With a population of over 1.3 billion, China is the world’s leading energy consumer, and the vast majority of its electricity comes from domestically mined coal. But the Asian nation is cutting its dependence on fossil fuels and replacing it with renewables at breakneck speed to meet rapidly growing energy demands and address acute air pollution issues.
The UK government miscalculated the costs of renewable-energy support and is likely to overshoot its 7.6 billion-pound ($9.2 billion) annual budget by about a fifth in 2020 and 2021, according to auditors.
Variable renewables now account for over 30% of total global installed power generation capacity and 23% of total global electricity production. Wind and solar PV have witnessed an explosive annual growth of 23% and 50% respectively in the past ten years.
Offshore green-energy projects worth a total of £210billion are an “unmissable opportunity” for Scotland’s oil and gas industry, a flagship centre for UK offshore renewables innovation and research said yesterday.