energy cost increase News

  • British Columbia power costs to increase

    Gold medals last forever, but Olympic cheer won't withstand an energy upheaval in British Columbia. The Canadian province and its largest city Vancouver just hosted what many are calling the greenest Olympiad ever. With its reputation as a clean, coastal metropolis where quality of life is high, few observers or visitors seemed surprised that Vancouver set up online energy monitoring, made extra ...


    By GLOBE Foundation

  • Eco Expo Asia 2016 closed with record-breaking exhibitor and visitor numbers

    Eco Expo Asia 2016 closed amid great acclaim with record-breaking exhibitor and visitor numbers. Held from 26 – 29 October, the Expo was jointly organised by Messe Frankfurt (HK) Ltd and the Hong Kong Trade Development Council, and co-organised by the Environment Bureau of the Government of Hong Kong Special Administrative Region. The ...


    By Messe Frankfurt (HK) Ltd

  • Cutting costs is vital to increase market share in South Africa’s energy mix

    Concentrated solar power (CSP) is the only renewable technology that can dispatch electricity during day and night at a utility scale size. In order to achieve similar allocations to photovoltaic (PV) or wind, CSP has to lower its costs. CSP is a less mature technology compared to other renewable energies but it is able to dispatch electricity adapting to the demand curve. Right now, no other ...


    By FCBI Energy

  • Controlling the cost of renewable energy

    Measures to deal with a projected over-allocation of renewable energy subsidies have been announced today (July 22. 2015). Reducing energy bills for hard working British families and businesses and meeting climate goals in the most cost effective way are Government priorities. The measures set out today will provide better control over spending and ensure bill payers get the best ...

  • Counting the Cost of Energy Subsidies

    Energy subsidies are projected at US$5.3 trillion in 2015, or 6.5 percent of global GDP, according to a recent IMF study. Most of this arises from countries setting energy taxes below levels that fully reflect the environmental damage associated with energy consumption. The ...


    By GLOBE Foundation

  • Where energy efficiency increases energy consumption: a caution

    A new study warns policymakers to watch for unintended consequences of energy efficiency strategies. As energy efficiency leads to reduced usage, the price of energy falls. However, this could in fact lead to a subsequent rise in consumption of energy, if industry seeks to make the most of the low prices. Improving the efficiency of how energy is used in production, often defined as 'doing more ...

  • Energy Department Announces $9 Million to Lower Costs, Increase Performance of Solar Energy Systems

    Supporting the Administration’s effort to make solar energy more affordable and accessible for all Americans, the Energy Department today announced more than $9 million in funding for breakthrough research and development projects that will advance the reliability and durability of solar photovoltaic (PV) technologies. This funding opportunity will support projects aimed at improving ...


    By US Department of Energy

  • Thermal storage innovations are instrumental in increasing performance and reducing CSP costs

    Thermal storage will affect the Levelized Energy Cost (LCOE) of Parabolic Troughs. This is one of the findings of a new report from CSP Today “Concentrated Solar Power Parabolic Trough: Cost & Performance”.  According to the report, when adding storage capacity, the capital cost rises with the increased solar field size, while the capacity factor – and therefore the ...


    By FCBI Energy

  • Changes to protect consumers from increased costs of support scheme

    Through our reforms to the energy market, we are proposing changes to the Renewables Obligation (RO) as part of the transition to the new Contracts for Difference (CFD) programme which will protect bill payers from extra costs in the future. The proposed changes would mean that generators who carry out new conversions from coal to biomass, or who increase the levels of co-firing (which is the ...

  • Thermal Storage Innovations are instrumental in increasing performance and reducing CSP costs

    Thermal storage will affect the Levelized Energy Cost (LCOE) of Parabolic Troughs. This is one of the findings of a new report from CSP Today “Concentrated Solar Power Parabolic Trough: Cost & Performance”.  According to the report, when adding storage capacity, the capital cost rises with the increased solar field size, while the capacity factor – and therefore the ...


    By FCBI Energy

  • Portuguese tax to focus regeneration and increase transparency of development costs

    A study has evaluated the Municipal Urbanisation Tax (MUT) - a specific tax for the construction, maintenance, and reinforcement of urban infrastructure - in the city of Tomar, Portugal. This is a one-time charge applied to new development through land subdivision (Loteamento) or individual buildings, similar to an impact fee, and has a new, simplifed formula which reinforces efforts to contain ...

  • Eaton Awarded Department of Energy Grant to Increase Efficiency, Reduce Cost of Electric Vehicle Charging

    Diversified industrial manufacturer Eaton Corporation has received a $1.84 million grant from the U.S. Department of Energy (DoE) for the development and demonstration of more efficient commercial electric vehicle (EV) chargers. The project will promote smart charging technology that better manages the efficiency, availability and reliability of power, ...


    By Eaton Corporation

  • Energy Department Announces $19 Million to Drive Down Solar Soft Costs, Increase Hardware Efficiency

    In support of the Obama Administration’s effort to advance our clean energy economy and support American innovation, the Energy Department today announced $19 million to reduce both hardware and non-hardware costs of solar and to drive greater solar energy deployment in the United States. This funding builds on the Energy Department’s broader SunShot Initiative investments that are ...


    By US Department of Energy

  • Energy Department Report: Emissions and Costs of Power Plant Cycling Necessary for Increased Wind and Solar in the West

    A new report released today by the Energy Department’s National Renewable Energy Laboratory (NREL) examines the potential impacts of increasing wind and solar power generation on the operators of coal and gas plants in the West. To accommodate higher amounts of wind and solar power on the electric grid, utilities must ramp down and ramp up or stop and start conventional generators more ...


    By US Department of Energy

  • Evaporative cooling cuts energy costs

    It is estimated that HVAC systems account for approximately 40 percent of the energy used in commercial buildings, which is why many building owners and managers are looking for ways to cut these costs. One way to do that may be to utilize evaporative cooling systems, which can be relatively inexpensive to purchase and often require much less energy than other forms of cooling. ...


    By Evapco Inc.

  • IEA urges increased energy efficiency in buildings

    Energy efficiency is by far the most cost-effective way to fulfil three major energy-related challenges: increased energy security, reduced energy costs and a cleaner environment. “With surging energy consumption, high energy prices and raising CO2 emissions, the imperative to improve energy efficiency is stronger than ever”, said Nobuo Tanaka, Executive Director of the International Energy ...


    By International Energy Agency

  • Cost of Oil

    North Dakota is in the midst of a hydrocarbon production boom as gas and oil developers tap the Bakken Shale. The boom is generating civic resistance in the arid region, however, because it requires significant quantities of freshwater. Oil and gas production from the Bakken Shale is projected to use up to 5.5 billion gallons of water annually for as long as two decades. This year, if ...


  • Increased support for renewable heat

    I am pleased to announce today the publication of DECC’s Government response document ‘Non-Domestic Renewable Heat Incentive: Improving support, increasing uptake’, which sets out a range of improvements and increased support under the non-domestic Renewable Heat Incentive (RHI). This responds to the consultations “Expanding the non-domestic scheme”, “Air to ...

  • Dürr increases interest in LaTherm

    Next step in energy efficiency technology Bietigheim-Bissingen, March 26, 2012 – Dürr will increase its stake in heat storage specialist LaTherm from currently 8% to 26% by the end of 2012. Dortmund-based LaTherm GmbH develops and sells latent heat accumulators, which are used to decouple and store heat from industrial processes and cogeneration plants and utilize ...

  • Homegrown BC wind energy a cost-effective and clean choice to meet increased electricity demand: Turbine prices drop 20 per cent while productivity increases 27 per cent since 2009

    Wind energy is a cost-competitive and clean choice to supply the significant amounts of new electricity the province will require due to increased industrial development. The cost of developing clean wind energy has dropped significantly in the past three years while technology improvements have increased productivity, an analysis by GL Garrad Hassan has found. The report commissioned by ...

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