The U.S., China and Germany are among the most attractive markets for developers of renewable energy technologies, according to an Ernst & Young survey released today.
China became the No. 1 wind turbine market in 2009, installing a record 13.75 GW of new capacity, and three Chinese suppliers ranked among the top 10 turbine manufacturers, Danish consultants BTM said.
The World Bank is urging the U.S. to back a $3.75 billion loan request from Eskom Holdings for a coal plant that the South African state-owned utility is seeking to help guarantee energy supplies.
An energy company with government approvals to launch the first significant U.S. oil sands project is trying to raise money to build a plant in eastern Utah that would turn out 2,000 barrels of oil a day.
Brussels is pressing ahead with plans to establish an energy agency, which is seen as a prototype European regulator and could also give important impetus to North Sea wind power and developing a continent-wide "supergrid."
Oil prices could stay in the $70-80 range over the next decade, according to a report by OPEC released ahead of a major oil conference this week, which reiterated demand forecasts made last year.
CO2 Ruling May Halt New Airport Runways (The Sunday Times)
Campaigners will seek to block airport expansion across Britain following a High Court judgment, which criticized the government’s decision to build a third runway at Heathrow for not taking account of new, legally binding targets to reduce CO2 emissions.
Coal shipments from Australia’s Newcastle port, the world’s biggest export harbor for the fuel used in power stations, are expected to continue as protesters attempt to blockade the shipping channel.
Renewable energy should play a major role in spurring Ireland back to growth now that the government and economy are both showing signs of stability, Ireland’s energy minister said in an interview.
Smart Meter Worries Crop Up In Australia (Earth2Tech)
Last week the state of Victoria declared a moratorium on its $2 billion plan to roll out 2.5 million smart meters to residents and small businesses, out of concern that that time of use pricing would disproportionately effect the unemployed and the elderly.
Siemens to Build UK Wind Turbine Plant (Guardian)
The UK government will receive another boost to its green manufacturing momentum this week when Siemens of Germany announces plans to create hundreds of jobs in Britain and invest more than £75m in a new wind-turbine plant.
Film director James Cameron says there is an urgency to protect the environment and says that climate change will affect rich and poor alike.