Lower Oil Price Will Not Stop the Dazzling Rise of Solar Photovoltaic

China will continue to build coal plants, but at a slower pace than in the past, and is further ramping up investment in renewables. Boost for natural gas usage in power generation due to low oil prices Shale gas market

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UK threatens to hit back at Austria over Hinkley Point legal challenge

UK ministers are warning their Austrian counterparts that an arsenal of retaliatory measures will be launched if Vienna goes ahead with plans to challenge an EU state aid decision approving subsidies for new nuclear reactors at Hinkley point in Somerset.

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Global wind industry grows 44% in 2014

New figures released by the Global Wind Energy Council show that the global wind industry grew by 44% in 2014, installing over 51 GW and, according to the Global Wind Energy Council, acting as a “solid sign of the recovery

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UK spent 300 times more on fossil fuels than clean energy despite green pledge

The UK government has broken a key pledge to support green energy abroad over “dirty” energy projects by spending more than three hundred times as much backing fossil fuel energy compared with clean energy projects via the government’s export credit

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Financial systems must consider extreme weather, or risk condemning millions to die

It’s extraordinary how the financial markets that pride themselves on their data analysis and forecasting have such a blind spot when it comes to the impacts of climate change. I was reminded of this by a new report released today from

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Climate Change: Evidence & Causes

The Royal Society and the US National Academy of Sciences, with their similar missions to promote the use of science to benefit society and to inform critical policy debates, offer this new publication as a key reference document for decision

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How to lose half a trillion euros

Europe’s electricity providers face an existential threat On June 16th something very peculiar happened in Germany’s electricity market. The wholesale price of electricity fell to minus €100 per megawatt hour (MWh). That is, generating companies were having to pay the managers

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Why nuclear industry needs to be paid $500/MWh

South Australian Premier Jay Weatherill raised a few eyebrows about his plans, announced this weekend, for a “royal commission” into the nuclear energy industry. But Weatherill is right about one thing: Nuclear energy, he says, is “not something that would

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Wood MacKenzie wonder: is solar the next shale?

“Just as shale extraction reconfigured oil and gas, no other technology is closer to transforming power markets than distributed and utility scale solar.” That is the main conclusion of a new report from energy consultants Wood MacKenzie. The report is

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Don’t look now, but oil prices are rising

Crude oil prices, which have rattled petrostates by plunging 60 percent from their summer 2014 highs, are suddenly leaping back up. Prices for benchmark crudes have jumped about 15 percent in the last week, and they continued to do so

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