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Renewable Energy World - Wind Power

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Regulations governing the construction of wind farms vary considerably between countries. Indeed, these differences can have a stronger impact on generation costs than differences in wind resources. In the future, northern European cross-border renewable energy auctions should take diverging regulatory conditions into account, a new study argues.
The financial instrument that nearly collapsed the global economy is being re-engineered to create a new market with a lofty goal: to save the planet.
California recently joined other leading states, provinces, cities, and corporations around the world by setting an ambitious 100 percent carbon-free electricity target. It’s a landmark, not because California was the first, but because it is the biggest. The state ranks as the fifth-largest economy in the world.

Voith Hydro Holding GmbH & Co. KG and the Siemens Energy Management Division have signed a letter of intent for collaborating on appropriate hybrid power projects containing hydropower.

The deal with Bentonville, Arkansas-based Walmart includes three wind farms—all developed, owned and operated by EDP Renewables—in the states of Illinois and Indiana. 

HSBC Holdings Plc’s pension manager plans to invest 250 million pounds ($329 million) of its pension scheme into renewable energy infrastructure for wind and solar in the U.K., joining around 30 other firms making similar climate change pledges.
While all countries committed under the Paris Agreement to limit global temperature rise to 1.5˚C-2˚C (2.7-3.6˚ F), major questions remained: How can the world achieve this temperature goal? And what happens if it doesn’t?
Egypt has the potential to meet up to 53 percent of its electricity from renewable sources by 2030, according to a new report by the International Renewable Energy Agency (IRENA). The Egypt Renewable Energy Outlook, released in Cairo last week in the presence of Egyptian government officials and regional decision makers, found that pursuing higher shares of renewable energy could reduce the country’s energy bill by up to $900 million annually in 2030.
The world could install more than a trillion watts of renewable power over the next five years, more than the entire current generation capacity of the European Union.

The report by recently rebranded Wind-Solar Alliance points out that more than 100 U.S. corporate buyers —members of the Renewable Energy Buyers Alliance — have set a goal of purchasing 60 GW of new U.S. renewable energy capacity by 2025. So far, since 2013, the companies have procured just over 13 gigawatts of renewable power.

Britain’s power market will need investment of 6 billion pounds ($7.9 billion) between now and 2030 in flexible generation and storage such as batteries to support the transition toward an economy that emits less carbon, a study showed.

The International Renewable Energy Agency is conducting a survey to gather quantitative and qualitative insights into the current status of women’s participation in the renewable energy sector.

When innovators come up with the idea for the next great technological breakthrough, the first roadblocks to seeing that idea to fruition are typically funding. Among renewable energy inventions, this need is typically filled through wealthy private investors, venture capital firms, or government grants. But today, in the age of the Internet, budding entrepreneurs have taken their funding needs online through crowdfunding sites like Kickstarter and Indiegogo.

Bolivian energy authorities are in the process of identifying about US$2 billion in financing for early stage hydro and wind power generation projects, which total 710 MW and 45 MW, respectively.

After wallowing in limbo for the first part of 2018 awaiting re-authorization, the Loan Program Office (LPO) at the Department of Energy is back in business with about $40 billion burning a hole in its proverbial pocket. Mike Reed, Director and Chief Engineer of the Technical and Project Management Division of the LPO and his team are planning to hit POWER-GEN 2018 in Orlando, Florida in December to identify people and projects that might need financing.
An effort to put a tax on carbon dioxide emissions just won an unlikely underwriter: a top producer of oil and gas.
The world must invest $2.4 trillion in clean energy every year through 2035 and cut the use of coal-fired power to almost nothing by 2050 to avoid catastrophic damage from climate change, according to scientists convened by the United Nations.

SINN Power is conducting a study to determine how a renewable energy mix of its wave technology, small wind farms, kinematic hydroelectric plants and solar energy can be used to secure a durable and stable power supply in Guinea.

U.S. President Donald Trump tapped Energy Department staffer Bernard McNamee to join the nation’s top energy regulator, potentially smoothing the path for a brewing bailout of money-losing coal and nuclear plants.
A $200,000 state grant will finance research into two solar-plus-storage projects aimed at better understanding the state’s energy storage potential.

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