• The Embarrassing Truth About Germany’s Green Energy Transition

    • Date: 29/04/18
    • Daniel Wetzel, Die Welt

    Germany, an ecological pioneer and model pupil in climate protection? That was probably never true. In the first global energy transition ranking, Germany is not even among the top ten in Europe. The chief planners of the German “Energiewende” have already drawn the consequences: “Only together can France and Germany bring their respective energy transitions […]

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  • ‘Tsunami’ Of Renewable Energy Projects Threatens Europe’s Last Wild Rivers, Campaigners Warn

    • Date: 29/04/18
    • Reuters

    Plans to build about 3,000 hydropower plants in the Balkans in the next few years endanger Europe’s last wild rivers and some of the most important biodiversity hotspots on the continent, campaigers said on Saturday. Source: RiverWatch Stretching from Slovenia to Albania, critics say the hydropower boom threatens animal life, including endemic species of fish, […]

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  • Bitcoin’s Growing Demand For Cheap Energy Revives Coal

    • Date: 29/04/18
    • Quartz

    An Australian company has signed a deal to provide energy to a cryptocurrency miner by reopening a coal power plant. In and of itself, it’s a relatively small deal. But it’s a perfect example for a major change spreading through the crypto industry. In January, Chinese cryptocurrency miners—which at the time accounted for more than […]

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  • Fake News Alert: UK and US Media Blame Alleged Green Energy Disaster On ‘Fracking’

    • Date: 28/04/18
    • Nature, Science & The Guardian

    A magnitude-5.4 earthquake that struck the South Korean city of Pohang on 15 November 2017 was probably triggered by an experimental geothermal power plant injecting water a few kilometres underground, a research team reports. A second independent analysis also finds the plant’s involvement to be plausible. The pair of studies, published online on 26 April […]

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  • Higher Prices Set To Send U.S. Oil Stocks Soaring

    • Date: 26/04/18
    • Nick Cunningham, Oil Price

    The oil industry is set to see cash flow and profits balloon this year as oil prices rise. The U.S. shale industry is widely expected to become cash flow positive for the first time. For years, even when oil prices were high prior to the 2014 meltdown, shale companies took on debt and issued new […]

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  • Permian Basin Is Growing Into the Largest Oil Patch in the World

    • Date: 25/04/18
    • Bloomberg

    The Permian shale play is all about setting records. Now, the region may even become the world’s largest oil patch over the next decade. Output in the basin is forecast to reach 3.18 million barrels a day in May, according to the Energy Information Administration. That’s the highest since the agency began compiling records in 2007. By […]

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  • Germany’s Wind Energy Mess

    • Date: 25/04/18
    • P. Gosselin, No Tricks Zone

    As older turbines see subsidies expire, thousands are expected to be taken offline due to lack of profitability. Green nightmare: Wind park operators eye shipping thousands of tons of wind turbine litter to third world countries – and leaving their concrete rubbish in the ground. The Swiss national daily Baseler Zeitung here recently reported how Germany’s wind industry is facing […]

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  • Germany’s Green Energy Transition Is Losing Its Risk Buffer

    • Date: 24/04/18

    Renewable energy can no longer rely on the protection of conventional power plant, Germany’s electricity sector has warned. To avert a shortfall, the government must act immediately. Otherwise, Germany’s network stability is endangered. In the next four years, renewable energy will lose some of the capacity that has hitherto been used to secure weather-dependent green electricity supply. With […]

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