February 21, 2013
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Energy & Renewables Newsletter February 21, 2013 |
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| This Week´s Featured News Stories |
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Coal-fired Power Plant Retirements will be Significant but Not a Dominant Factor in Future Capital Expenditures
Hundreds of coal-fired power plants have been or are going to be retired. The peak year will be 2015 when just fewer than 70 units are slated for retirement or switch to natural gas. McIlvaine tracks each retirement initiative along with upgrade expenditures at each plant in the Utility Environmental Upgrade Tracking System. (www.mcilvainecompany.com) The power plants planning to retire in 2015 are mostly more than 50 years old. Some will be 65 years old by the 2015 retirement date. Most are small with some as small as 25 MW. The average is less than 200 MW. The total capacity being retired ... | ||
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Could Europe run on renewable energy alone?
Could Europe run on renewable energy alone? It may not be as far-fetched as some would imagine. The World Wildlife Federation has released a new report - Putting the EU on Track for 100% Renewable Energy - which shows where Europe needs to be by 2030 in order to reach a fully renewable energy system by 2050. It comes just as the European Commission is beginning to consider post-2020 climate and energy plans. The report concludes that Europe has significant untapped potential for cutting energy use and maximizing indigenous power sources that could deliver cheaper and more secure energy. However, ... | ||
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