European Parliament in favour of making European electricity market ready for renewables.

European Parliament in favour of making European electricity market ready for renewables.

The European Parliament’s Committee on Industry, Research & Energy (ITRE) today voted to modernise Europe’s electricity markets. The ITRE Committee gave its green light to the recast Electricity Directive & Regulation, two of the main files in the Clean Energy Package. Priority dispatch – which guarantees renewables are injected first into the grid – will […]

Taiwan encourages insurance funds to invest in wind and solar.

Taiwan encourages insurance funds to invest in wind and solar.

The Taiwan government is encouraging the country’s insurance companies to tap into their NT$23 trillion (US$767 billion) in insurance funds to help support national infrastructure and development projects. At the top of the list is the green energy portion of the government’s “5+2” key innovative industry program. With the ruling Democratic Progressive Party (DPP) committed […]

Ohio wind bill would stall future industry growth, says AWEA.

Ohio wind bill would stall future industry growth, says AWEA.

The American Wind Energy Association (AWEA) and the Mid-Atlantic Renewable Energy Coalition jointly submitted comments of warning to the Ohio Power Siting Board (PSB) this week, opposing proposed changes to the wind farm setback waiver process. © Shutterstock In their comments, the organizations call the changes — proposed by state Rep. Bill Seitz (R-OH) — […]

Chile power tender attracts 24 bidders.

Chile power tender attracts 24 bidders.

Power sector regulator CNE has confirmed 24 bids were received in this years’ Supply Bid process, which offered 2,200 GWh / year. 10 of the bids represented solar and wind projects. This representes a significant decline in the amount of bids from last year, when 84 companies registered, resulting in low average prices of $47 per MWh. Commenting on this years […]

The Clean Growth Strategy sees UK government pledge £575m.

The Clean Growth Strategy sees UK government pledge £575m.

The UK government has pledged £557m in The Clean Growth Strategy. In the words of Minister for Climate Change and Industry, Claire Perry, the document outlines “an ambitious strategy to cut emissions while keeping costs down for consumers, creating good jobs and growing the economy.” “We start from a position of strength. We have already made significant progress […]

UK offshore wind cheaper than nuclear energy for the first time.

UK offshore wind cheaper than nuclear energy for the first time.

This week UK offshore power prices have been cut in half in less than three years. Eleven new electricity projects, totalling more than 3 gigawatts were awarded contracts by the UK Government in the second round of the CfD auctions. Amongst the contracts, DONG Energy will deliver its Hornsea Two project with capacity of 1,386.00 MW for the […]

KERC Sets ₹3.74/kWh as Benchmark Tariff for Wind Projects in Karnataka.

KERC Sets ₹3.74/kWh as Benchmark Tariff for Wind Projects in Karnataka.

  The Karnataka Electricity Regulatory Commission (KERC) has fixed ₹3.74 (~$0.058)/kWh as the generic tariff for wind projects in Karnataka. The new benchmark tariff will be applicable through March 31, 2018. Furthermore, KERC has proposed a debt-equity ratio of 70:30 for tariff determination, with proposed project costs ₹62 million (~$0.97 million)/MW at a CUF of 28%. To […]

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