June 13, 2013
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Energy & Renewables Newsletter June 13, 2013 |
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| This Week´s Featured News Stories |
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Renewable Energy: World invests $244 billion in 2012, geographic shift to developing countries
For only the second time since 2006, global investments in renewable energy in 2012 failed to top the year before, falling 12% mainly due to dramatically lower solar prices and weakened US and EU markets. However, 2012 was the second highest year ever for renewable energy investments, which total $1.3 trillion since 2006. And there was a continuing upward trend in developing countries in 2012, with investments in the South topping $112 billion vs $132 billon in developed countries - a dramatic change from 2007, when developed economies invested 2.5 times more in renewables (excluding large hydro) ... | ||
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More wind power and cheaper electricity possible on existing EU networks
Europe`s transmission grid capacity can be used more efficiently, bringing far more power online, the EU-funded TWENTIES project has found. By, measuring power lines` temperature in real time rather than theoretically, for example, 10% more power can be put on the transmission and distribution grids. Moreover, deploying TWENTIES technologies could reduce power prices in the German system by 2.2%, marginal electricity prices by up to 0.4% and cut carbon emissions by 3.5% by putting wind turbines together with other power generation in a `virtual power plant`. TWENTIES also showed that using `high ... | ||
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