• Japan’s Coal Revival Ducks Scrutiny With Small Power Plants

    • Date: 29/05/15
    • The Japanese Times

    As the nation burns more coal to replace lost nuclear capacity, power producers are able to duck pollution standards by building coal-fired projects small enough to avoid national regulator scrutiny, critics say. About a third of 45 new power-generation units fueled by coal won’t face the government’s environmental assessment because their small size puts them […]

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  • Finland ‘Shuts The Door’ On New Wind Farms

    • Date: 28/05/15
    • Montel News

    Finland’s incoming government has effectively “shut the door” on new wind farms by reducing the ceiling for projects that can qualify for feed-in support by almost 500 MW, the Finnish Energy Industries Association said on Thursday. “We understand that the government wants to reduce the subsidies to save costs but we very much object that […]

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  • Saudis’ Drive To Kill U.S. Shale Has Backfired

    • Date: 27/05/15
    • Mark Perry, Investor's Business Daily

    Rather than kill the U.S. shale revolution, the Saudis have only made it more resilient. For months Saudi Arabia was cagey about its oil strategy. The kingdom claimed its decision not to cut production and stop the slide in prices was solely about letting the oil market reset itself. That charade is over. The Saudis […]

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  • Green Crash: Europe’s Power Plants Face Widespread Bankruptcies

    • Date: 26/05/15
    • Diarmaid Williams, Power Engineering International

    The transition to renewable power generation is accelerating closures of coal and gas-fired power generation plants at a quicker rate than expected. According to UBS, policymakers may have to take measures to prevent widespread bankruptcies in the European electricity market. That’s the conclusions drawn by investment bank UBS, who have produced a report on the subject.According to their […]

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  • Massive Shale Oil Discovery In Canada

    • Date: 26/05/15
    • Bob Weber, The Canadian Press

    The first official estimate of how much oil may lie beneath the central Northwest Territories says there could be nearly 200 billion barrels of the resource in two separate fields. The U.S. shale industry has failed to crack as expected. North Sea oil drillers and high-cost producers off the coast of Africa are in dire […]

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  • Escalating Costs May Kill CCS Power Plants

    • Date: 24/05/15
    • Rebecca Smith, The Wall Street Journal

    The future of the most expensive fossil-fuel power plant built in the U.S. is facing new pressures after a Mississippi utility backed out of its commitment to the clean-coal project. Southern Co.’s $6.2 billion coal-fired power plant near Meridian, Miss., lost a utility partner, raising the stakes for the project and resulting in a request […]

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  • Green Investors Lose $Billions As Sky Darkens For China’s Solar Industry

    • Date: 22/05/15
    • Danny Thomas, Reuters

    The blistering sell-off in Chinese solar firm Hanergy Thin Film Power Group this week – wiping $18 billion off its market worth – burnt several index-tracking stock funds. One of the worst hits was taken by the $439 million Guggenheim Solar ETF One prominent fund late on Thursday announced changes to the index it tracked following Hanergy’s […]

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  • Southeast Asia’s Coal-Powered Future

    • Date: 22/05/15
    • Eric Roston, Bloomberg

    Southeast Asia is adding 205 gigawatts of coal overall by 2020, one of the most intense periods of coal-plant construction ever. Energy ministries from more than 30 nations are meeting at the UN this week, at the Sustainable Development for All Forum, to debate how best to supply electricity to the 1.3 billion people who don’t have it—at […]

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