February 28, 2013
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Energy & Renewables Newsletter February 28, 2013 |
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| This Week´s Featured News Stories |
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China´s Offshore Wind Market Expected to Grow to US$16 billion
Despite the considerable challenges and bottlenecks faced by China`s offshore wind power market, the country`s efforts in technologies for development of offshore wind power have remained strong. Thanks to years of coordination and cooperation between the government and domestic offshore wind power players, the first batch of offshore wind power license projects, most of which have been idle for more than two years, are likely to go online in 2013. So far, Jiangsu, Shandong, Hebei, Zhejiang and Guangdong provinces as well as Shanghai have completed their planning for offshore wind power ... | ||
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Policy-makers deploy new tactics to create green growth globally
As governments seek to better manage their fiscal budgets, by taking control of their future renewable energy purchases, capacity auctions are becoming an increasingly preferred policy mechanism according to Ernst & Young’s latest quarterly global Renewable energy country attractiveness indices report, released today. Capacity auctions – whereby future power purchase projects and generation licenses are awarded through a competitive process – are just one example of a concession-based approach being taken by governments, as the industry continues to adopt ... | ||
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