Rhein on Energy and Climate

Archives for electricity

EdP, the Portuguese power utility, has sold a 25 percent stake of its renewable energy unit, EdP Renewables, for € 1.5 billion. Demand for shares exceeded five times the offer. EdP is following the example of other European utilities, in particular EDF and RWE. It is, however, more ambitious in its effort to go renewable:… » read more

Posted by Eberhard Rhein

The announcement by NISSAN to produce electric cars as of 2010, though in small numbers to start with, does not come as a surprise. In the long run, there is no better alternative to the combustion engine. The earth will run out of oil in the near future. After 2050, oil will become so scarce… » read more

Posted by Eberhard Rhein

The leading Norwegian manufacturer of photovoltaic cells and panels expects PV power generation costs to decline to only 8 cents/kWh as of 2010, provided installations benefit from at least 1800 hours/year of sunshine. That is the case in the countries around the Mediterranean, the southern parts of the USA, India, China, Australia and many other… » read more

Posted by Eberhard Rhein

The biggest European utility – EON – has announced bold plans for expanding renewable energy, especially from wind. By 2030 it projects generating some 24 percent of its electricity from renewable sources. Including nuclear power, the company expects more than half of its electricity generation to be C02-free in the long term. That is good… » read more

Posted by Eberhard Rhein