Rhein on Energy and Climate

Archives for renewable energy

While the Government is busy rewriting legislation on the promotion of renewable energies a High-level Group of Scientists appointed by the German Parliament has come out with a radical proposal to abolish the legislation altogether. In recent years, the German legislation has increasingly come under attack because of its high cost for business and normal… » read more

Posted by Eberhard Rhein

At its “historic” March 2007 meeting, the European Council has solemnly proclaimed the European Union’s firm intention to cover 20 percent of its primary energy consumption from renewable sources. Nine months later, the Commission has submitted a draft directive for implementing this target by appropriate national action plans. Reaching the 20 percent target by 2020… » read more

Posted by Eberhard Rhein

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

Wind power is the most successful renewable energy, leaving aside hydro power for which it is becoming increasingly difficult to find suitable sites in Europe and the USA. By the end of 2008 the globally installed capacity of wind power will exceed 100 GW, the equivalent of 50 nuclear power plants, if we take into… » read more

Posted by Eberhard Rhein

By 2010 latest China will have overtaken the USA as the biggest emitter of C02. That is inescapable, as its emissions keep rising with the ultra-rapid increase of its GDP, while those of the USA have started flattening thanks to slower growth and rising energy efficiency. Both countries combined account for around 40 percent of… » read more

Posted by Eberhard Rhein

$ 200/Barrel Oil?

The nominal price of a barrel oil has passed another magic barrier: $ 125 for the first time in history. It is no longer a question if the price of oil will reach the cap of $ 200 per barrel, but rather when. They are bound to continue their inexorable boom of the past 10… » 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