Energy transition
US energy secretary says clear clean energy signal needed
US energy secretary Steven Chu joined industry figures in underlining the need for a clear legislative signal to encourage investment in clean energy and emissions reductions technology at a Washington, DC conference this week.
All Europe’s electricity could be from renewables by 2050, says PwC report
Europe and North Africa could be powered solely by renewable electricity by 2050 through the implementation of a SuperSmart Grid, according to a report issued this week by global advisory firm PricewaterhouseCoopers.
UK to focus on smart grids and nuclear power
Big investments into UK smart grids, offshore wind farms under the Renewable Obligation Certificates (ROC) scheme and nuclear power are on the agenda for both the Labour and Conservative parties in the run-up to the UK elections, as the country looks to…
Tres Amigas could play same role as Henry Hub
Transmission issues continue to dog US green energy revolution. Connecting the three major grids aims to allow renewable energy to be shipped between states, writes Pauline McCallion
Placing the UK's green energy
The UK’s ambitious renewable energy targets raise questions about how new electricity generators will be connected to the grid and how costs should be spread between system operators and generators. Neil Cornelius and Etienne Gabel look at the latest…
Obama boosts biofuels and clean coal
US President Barack Obama has announced a series of measures designed to boost biofuel production and reduce US dependence on foreign oil.
Massachusetts REC futures start trading on CCFE
The Chicago Climate Futures Exchange (CCFE) has announced the successful completion of the first Massachusetts Renewable Energy Certificate (REC-MA) futures contract trade.
India boosts renewables market with REC scheme
India has followed many US states’ example with the introduction of Renewable Energy Certificates (RECs) this month.
Australia – renewables policy
As government support for renewables grows globally, Andrew Petersen and Eros Artuso of PwC look at Australia’s latest initiative and compare it with other schemes worldwide
Iberian exchange OMIP strengthens European presence
The Iberian power market derivatives exchange, Operador de Mercado Ibérico de Energía (OMIP), has signed a deal with software vendor Trayport as part of its continued expansion within the European energy markets.
APX launches Michigan RECs system
APX, an infrastructure provider for environmental and energy markets, has launched the Michigan Renewable Energy Certification System (Mirecs) and hinted at future plans to enable inter-market management of renewable energy assets.
Record high sugar prices hit ethanol market
Ethanol prices in Brazil have recently risen due to a decrease in production. According to experts, record high sugar prices in the region are encouraging mills to refine sugar over ethanol, which is giving a 50% better return.
India’s energy efficiency scheme won't impact CDM, say experts
India’s plans for a domestic energy efficiency cap-and-trade scheme have raised concerns over how the market for Clean Development Mechanism (CDM) projects will be affected.
Green skies ahead?
Biofuels could become part of the jet-fuel blend in as little as two years and ready for large-scale use by 2015, say experts. Katie Holliday talks to airlines, biofuels experts and carbon traders about the implications for the jet fuel market.
Biofuels industry to triple in size by 2020
The biofuels market will reach $247 billion in sales by 2020 according to a report from clean technology consultancy firm Pike Research.
All for one
The Waxman-Markey Bill brought the US a step closer to establishing a federal mandate for renewable energy generation. Pauline McCallion looks at the implications for renewable energy credits trading
The next 15 years
Rachel Morison talks to energy experts about their long-term outlook for the future
EU issues national template to meet renewables targets
The European Commission has issued a template for National Renewable Energy Action Plans (NREAPS) requiring Member States to detail their strategies for reaching 2020 renewable energy targets.
Bache Commodities launches new green commodities index
Bache Commodities, the global commodities and financial derivatives business of Prudential Financial, has launched a green commodities index.