• German Wind Industry Cuts 10.000 Jobs Amidst Sharp Downturn

    • Date: 26/05/18
    • Handelsblatt

    The German wind energy market is threatened by a sharp downturn after years of continuous growth. Ten thousand jobs have already been cut last year. Düsseldorf: When Volker Malmen sat on stage in a hotel in Bremerhaven just over a week ago, the head of Orsted Germany could not help laughing when the moderator asked him […]

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  • IEA: Most Clean Energy Technologies Falling Short Of Climate Goals

    • Date: 24/05/18
    • OilPrice.com

    Most clean-energy technologies are not on track to meet the world’s long-term climate goals, make energy universally accessible, and significantly lower air pollution, with just 4 out of 38 techs on track to do this, the International Energy Agency (IEA) said in a report published on Wednesday. Last year, only solar photovoltaic (PV) in the power sector; […]

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  • NuScale’s Small Modular Nuclear Reactor Passes Biggest Hurdle Yet

    • Date: 21/05/18
    • James Conca, Forbes

    NuScale Power is on track to build the first small modular nuclear reactor in America faster than expected. NRC just completed their Phase 1 review of NuScale’s Small Modular Nuclear Reactor. The small size of its Power Module means it can be factory-built and shipped by truck, deceasing construction Two weeks ago, NuScale’s small modular nuclear […]

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  • Flawed Windfarm Subsidies Will Add £1.5bn To Bills

    • Date: 16/05/18
    • Emily Gosden, The Times

    Consumers will pay about £1.5 billion too much for electricity from new offshore wind turbines because ministers awarded unnecessarily generous subsidies, the public spending watchdog has found. The government awarded contracts last year committing households and business to paying up to £176 million a year on their energy bills for 15 years to subsidise three […]

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  • Germany Must Prepare For “Wind Turbine Decommissioning Wave”

    • Date: 15/05/18
    • Clean Energy Wire

    Many of Germany’s 28,000-odd onshore wind turbines will soon meet the end of their guaranteed 20-year feed-in tariff lifespan, meaning that the country can expect “a decommissioning wave” in the sector, Hinrich Neumann writes for Top Agrar. The Institute for Integrated Production Hannover estimates that about 2.4 gigawatts (GW) of installed capacity will lose eligibility for guaranteed payments annually, […]

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  • US Will Be ‘Very Strong’ For Next 15-20 Years Due To Shale Boom

    • Date: 14/05/18
    • CNBC

    The growth of the shale industry will strengthen the U.S. for the next 15 to 20 years, Borealis Chief Executive Mark Garrett told CNBC on Sunday. “We’re very positive on the U.S. because the shale oil, the shale gas, we think that the ethane pricing, and the ethane through to polyethylene — and you could […]

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  • American Shale-Oil Producers Are On A Roll

    • Date: 11/05/18
    • The Economist

    Surprisingly, they have not yet roiled the oil markets JUST over a year ago Harold Hamm, billionaire boss of Continental Resources, one of the biggest shale-oil producers in America, issued a stern warning to his fellow frackers. Drill with restraint or we will “kill the market”, he said. This month the 72-year-old Mr Hamm, son […]

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  • Shale Boom: US Could Produce 12 Million Barrels Of Oil A Day By 2019

    • Date: 10/05/18
    • The Daily Caller

    U.S. crude oil production could top 12 million barrels per day by the end of 2019, according to the latest Energy Department (DOE) forecast released on Tuesday. The U.S. Energy Information Administration, the DOE’s statistics arm, (EIA) projects U.S. crude output would grow by more than 1.5 million barrels per day over the next two years, primarily […]

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