• Spain’s Solar Deals Face Bankruptcy As Subsidies Founder

    • Date: 19/10/10

    By failing to control the cost [of green subsidies], Zapatero saddled Spain with at least 126 billion euros of obligations to renewable-energy investors. Now Vilimelis and more than 50,000 other Spanish solar entrepreneurs face financial disaster as the policy makers contemplate cutting the price guarantees that attracted their investment in the first place. German Vilimelis heard […]

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  • Green Subsidies: Price Shock For German Electricity Customers

    • Date: 18/10/10

    Next year, German households are in for a big price shock: the renewable energies levy, which every household in Germany has to pay as part of their electricity bills, will increase by over 70 per cent to 3.5 cents per kilowatt hour. This was announced by the German network operator on Friday. For an average […]

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  • Chris Huhne To Announce Eight Sites For New Generation Nuclear Plants

    • Date: 17/10/10

    A new generation of nuclear power stations will go ahead on eight sites in Britain, Chris Huhne, the Liberal Democrat Energy Secretary, is expected to announce this week. The decision will dismay many in his party who oppose further nuclear reactors and is certain not to be supported in parliament by a substantial number of […]

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  • Peter Glover: Taking The Wind Out Of Wind Power

    • Date: 13/10/10

    If you’re hankering to see Britain’s green and pleasant land and rugged coastline, don’t wait  too long.  In an increasingly desperate bid to meet its EU climate and renewable-energy targets, the British government is planning to build 10,000 onshore and offshore wind turbines – many 400 feet high – over the next 10 years. The […]

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  • ‘Nuclear Renaissance’ Usurped By Shale Gas

    • Date: 12/10/10

    In 2008 a nuclear renaissance in Europe and North America was heralded for a variety of reasons: A combination of high oil and gas prices meant nuclear was cost competitive The need to expand electricity generating capacity as Communist-era power plants in Eastern Europe and heavy polluting plants in Western Europe were due to shut […]

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  • British Government In U-turn Over Green Energy

    • Date: 10/10/10

    David Cameron has reneged on a pre-election promise to reward early adopters of solar panels and other domestic green energy generation, it has emerged. Under the “feed-in tariff” scheme introduced in April, owners of solar panels fitted to houses after 15 July 2009 are paid 41.3p per unit of electricity, while householders who put up […]

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  • Energy Crisis? What Energy Crisis? Natural Gas Too Cheap To Sustain Production

    • Date: 09/10/10

    For U.S. energy producers, high-priced $11 natural gas is “kind of like a Saturday night drunk,” Devon Energy Executive Chairman Larry Nichols said at the opening session of the Unconventional Gas International Conference and Exhibition on Tuesday afternoon. “It may feel good at the time,” he said, but it isn’t a sustainable high. Just as […]

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  • FT: Shale Boom Keeps Getting Better And Better

    • Date: 08/10/10

    The shale boom keeps getting better and better. A new report by PFC Energy, the consultancy, shows that the already generous estimates of production from the huge gas field known as the Marcellus Shale were not big enough. Apparently a Pennsylvania law kept well data closed for five years up to August. Now that the data is […]

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