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Green Climate Fund destined to fail, BNEF executive.
- 2011-09-04 20:10:31
- Junior Isles
The Green Climate Fund (GCF), designed to produce climate-related investment worth $100 billion a year by 2020 for the developing world, is destined for failure, according to Bloomberg New Energy Finance (BNEF).
Japanese nuclear still competitive after compensation payouts, study shows
- 2011-09-03 19:04:37
- Junior Isles
The cost of nuclear generation in Japan, even taking into account the compensation related to the Fukushima Daiichi accident, remains likely to be less than using fossil fuels, according to a new study.
Dominion plans to close Chesapeake coal plant by 2016
- 2011-09-02 07:09:44
- David Flin
The USA’s Dominion Virginia Power filed plans with Virginia state regulators to close its coal-fired power plant on the Elizabeth River’s Southern Branch by 2016 because the cost to upgrade it to meet proposed new environmental standards is too high.
Landis & Gyr and Elster partner on metering hardware interoperability
- 2011-08-31 06:30:07
- David Flin
Landis & Gyr and Elster have agreed to develop communications firmware that will work in each other’s metering platforms without installing each other’s communications modules.
Earthquake causes North Anna reactors to shut down automatically
- 2011-08-24 07:05:31
- David Flin
A 5.8 magnitude earthquake struck Virginia, USA, causing minimal damage. Dominion Virginia Power’s two North Anna nuclear reactors shut down automatically as a result of the earthquake.
Texas heat brings power plants out of mothballs
- 2011-08-17 06:38:03
- David Flin
NRG and Garland Power and Light have announced that they will bring four mothballed power plants back online to meet summer power demand in Texas.
BC Hydro announces rate increase only 16 percent
- 2011-08-12 06:08:48
- David Flin
Canada’s BC Hydro has announced that it has halved its proposed rate increases over the next three years.
Desert Sunlight receives approval for 550 MW solar project in USA
- 2011-08-11 08:16:32
- David Flin
Desert Sunlight Holdings has received an approval from the USA Federal Department of Interior for building the 550 MW Desert Sunlight solar farm in California.
US clean tech investment takes a nosedive
- 2011-08-09 18:32:09
- Junior Isles
US venture capital investment in clean technology, including power generation, shrank 44 per cent to $1.1 billion during second quarter 2011 compared to the same period last year, according to analysis from Ernst & Young.
Sempra signs off another solar PPA with PG
- 2011-08-05 16:42:19
- Junior Isles
Sempra Generation has signed a power purchasen agreement (PPA) with Pacific Gas & Electric of San Francisco to sell the utility 150 MWs of electricity generated at its Copper Mountain Solar complex in Boulder City.
