Tag "costs"

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Renewables will kill coal faster than you think

Solar power, once so costly it only made economic sense in spaceships, is becoming cheap enough that it will push coal and even natural-gas plants out of business faster than previously forecast. That’s the conclusion of a Bloomberg New Energy

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Hinkley Point C is £1.5bn over budget and a year behind schedule

The UK’s first nuclear power station for more than two decades is at least £1.5bn over budget and could be completed 15 months behind schedule, its developer has admitted. French state-owned EDF said the cost overrun for two new reactors

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Why go solar

It’s time to go solar. A lot of people are asking that question: why go solar? Going solar has a wide range of benefits that explain why it is a growing market: save money, do a great investment, avoids tons

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Abu Dhabi: three world record bids entered for Sweihan solar project

Pv Magazine reported breaking news of the world record bid during the tender taking place in Abu Dhabi. Yesterday, new information about all of bids that were entered has emerged and it shows an incredible trend of rock bottom prices

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Average costs for solar and wind electricity could fall 59% by 2025

The average costs for electricity generated by solar and wind technologies could decrease by between 26 and 59 per cent by 2025, according to a report released by the International Renewable Energy Agency (Irena). The report, The Power to Change:

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Solar is the fastest-growing energy

The world’s growing fleet of solar panels generated a third more electricity in 2015 than a year earlier, making power captured from the sun the world’s fastest growing source of energy, according to BP Plc. Solar generation grew 33 percent,

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Creative accounting, creative coal

The Polish Prime Minister Beata Szydło has proudly announced a milestone on the path towards saving Poland’s mining industry: on May 1, a company called ‘The Polish Mining Group’ (Pgg) was established. It will take over 11 coal mines and

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The real cost of energy: why renewables make more sense

Energy-related greenhouse gas emissions have plateaued for the second year running – an extraordinary fact considering the global economy grew by more than 3% in the same period. But stabilizing energy-related emissions is not enough to fulfill the ambition of

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Cost of solar power could come down by as much as half by 2030

KIC InnoEnergy, the innovation engine for Europe’s energy industry has published a report revealing the role innovation could play in reducing the costs of producing electricity from the sun, by as much as half of their current levels, by 2030.

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Why America abandoned nuclear power

There’s a compelling argument that the world ought to be building many more nuclear power plants. We’ll need vast amounts of carbon-free energy to stave off global warming. It’s not at all clear that renewables can do the job alone.

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