MarketLine Blog

Posts about Renewable Energy

‘Energiewende’ boosts German renewable sector but change in policy leads to growth deceleration

MarketLine

Germany has set some of the most ambitious green energy targets for itself, not only in Europe but also the world. This decision has come about due to strong public opinion in favor of green energy in the country, especially as an increasing percentage of the population becomes aware of the negative consequences of global warming on the planet. Liberal feed-tariff rates have subsequently pushed Germany to become one of the largest producers of renewable energy in the world, with the country ranking third globally with regards to total cumulative… Read more

IKEA use solar offering to reinforce green credentials

MarketLine

IKEA have made a headline grabbing return to the domestic solar panel market, only months after ending the relationship with their original partner, the Hong Kong firm Hanergy Thin Film Power Group. This time round, they have teamed up with one of the most established names in the market, Solar Century, to offer an affordable solar energy package. This will initially be available in three stores and online, with this being extending to all of their UK stores by the end of the summer. While IKEA takes pride in its… Read more

Fracking approval: In spite of public opinion

MarketLine

The decision to approve Third Energy’s application to begin exploratory drilling for shale gas outside of Kirby Misperton in North Yorkshire has been hailed as a landmark decision for the UK fracking industry. Many believe that it will open the door to a swathe of further approvals, while setting a precedent which could help rival firm Cuadrilla in their appeal against the decision not to allow them to frack up on the Fylde coast. However, industry chiefs would do well to keep their champagne on ice, as public opposition is… Read more

Denmark is a renewables leader, but its ambitious policy has caused problems

MarketLine

Denmark is one of the most progressive countries in the world when it comes to energy, and is aiming to be fossil free by 2050, in both electricity production and transportation. The optimistic strategy was announced in 2011. By 2020, the government aims to generate half of electricity from wind power. This ambitious policy is well on its way – the country generated 39% of its electricity by wind power in 2014, dropping slightly from the 41.2% generated in the first six months of the year. Former Climate Minister Rasmus… Read more

Increasingly stringent government regulations will change the face of the energy consumption sector

MarketLine

The energy consumption sector accounts for total energy consumption over a range of different end uses, such as industrial, transport, residential, and commercial. The issue of energy consumption is a contentious one, due to its inextricable links to contentious issues such as pollution and emissions, climate change, and the environment, as well as issues related to usage of nuclear power and fossil fuels. An ongoing debate about nuclear power as a source of energy remains. Proponents argue that nuclear power is safe and sustainable, and one which reduces carbon emissions,… Read more

As IPCC warns of incoming climate change danger, Australia’s Abbott throws caution to the wind

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A March 2014 report from the UN on the impacts from climate change appears to haven been ignored by the current Australian government, which is pressing ahead with many ecologically detrimental projects. The UN’s Intergovernmental Panel on Climate Change (IPCC) issued stark warnings from Kyoto in their report on potential consequences of environmental change. The planet’s temperature increases will impact society, the environment, and the economy in a profound manner, with food security a primary concern in the future. Furthermore, the impacts combined with existing problems of poverty and economic… Read more

Tough Competition by Chinese Solar Panel Manufacturers

MarketLine

Plunging prices in the photovoltaic (PV) solar panels market has caused a number of bankruptcies, mergers and acquisitions. Additionally, many governments are reducing feed-in-tariff subsidies as part of their austerity measures, affecting the affordability of solar panels for homeowners. With China now manufacturing around 60% of the world’s solar panels, Chinese manufacturers are at the forefront of the solar panel market. As the market consolidates, only those companies best positioned are likely to survive until solar panel prices recover. Suntech Power Holdings is a vertically integrated multi-national solar panel manufacturing… Read more

Siemens’ move from nuclear energy to renewable energy

MarketLine

Following the Fukushima earthquake and tsunami on the 11th March 2011, and the ensuing nuclear disaster, Siemens AG announced on September 19th 2011 its exit from the nuclear power industry. Siemens announced its withdrawal from the nuclear power industry with immediate effect as a result of the March 2011 Fukushima nuclear disaster and due to the position of German society and politics, however the company stressed it was not pressured by the German government. Although there is growing public and governmental distrust of nuclear power production volumes are forecast to… Read more