Despite falling wholesale power prices, the surcharge German power consumers pay on their electricity bills to finance the build-up of renewables (EEG surcharge) is slated to rise next year due to the complicated mechanism under which it is calculated, the Agora Energiewende think-tank says.
25 July 2016 10:32 GMT
Nigeria’s federal government has embarked on an ambitious 1GW utility-scale solar initiative, as the West African country looks to increase its power supplies from renewable sources and reduce its reliance on oil and gas production.
20 July 2016 11:21 GMT
First responses to yesterday’s news that the UK will close its Department of Energy and Climate Change (DECC) naturally focused on fears that climate policy faces a more fundamental downgrade than just disappearing from the nameplate on the front door.
15 July 2016 11:20 GMT
Global renewables investment in the second quarter climbed 12% from Q1, but slowdowns in many major markets resulted in a 23% year-on-year drop to $116.4bn for the first half, Bloomberg New Energy Finance (BNEF) reports.
15 July 2016 10:58 GMT
The UK’s Department for Energy and Climate Change (DECC) is heading for the history books after the country’s new Prime Minister appointed Greg Clark to the newly-created role of Business, Energy and Industrial Strategy secretary.
14 July 2016 03:05 GMT
The UK’s departure from the EU will “cast a shadow” over wind investments for the next few years, said sector body WindEurope, outlining its stance on the historic Brexit vote in the week that Britain’s energy minister emerged as a potential candidate to be its next Prime Minister.
08 July 2016 10:41 GMT
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