Private sector money follows British government support of offshore wind

» By | Published 26 Oct 2010 |

Offshore wind power in the UK received a huge boost of confidence on Monday with announcements that a number of international energy companies were going ahead with plans to invest heavily in the growing sector.

That the announcements came less than a week after the government signaled it would provide about €68m for port upgrades despite massive cuts to programmes and personnel proves once again that offshore wind power is becoming a key part of a new green economy.

The Wall Street Journal reported that GE, Siemens, Mitsubishi and Gamesa said they will invest more than €450 million in the UK’s offshore wind sector after the government announced a funding package to upgrade British ports so that they could handle the next generation of offshore wind turbines. continue reading »

Share

UK goes ahead with plans to upgrade ports and promote offshore wind power

» By | Published 21 Oct 2010 |

Maria McCafferyWhile short on details, the UK government’s Spending Review that Chancellor of the Exchequer George Osborne announced on Wednesday appears to have understood the vital importance of funding port infrastructure projects aimed at encouraging increased growth in the European offshore wind sector.

Although many national departments face significant funding and personnel cuts, the government did announce it “is committed to reducing the UK’s carbon emissions.”

Part of this commitment was a pledge of “more than [€220 million] for the   development of low carbon technologies including offshore wind technology and manufacturing at port sites.” continue reading »

Share

Businesses back 30% emissions cuts

» By | Published 19 Oct 2010 |
Greenpeace

Greenpeace

While many of the EU’s environment ministers are still dithering over a possible move to 30% emissions cuts, it is heartening to see that big businesses are a step ahead.

29 companies, including BNP Paribas, Google, Unilever and Vodafone, have put their names to a declaration calling for tougher climate targets that has been sent to the EU institutions. The declaration supports recent statements from ministers from Denmark, France, Germany and the UK that higher emissions reductions will boost growth and create jobs, a point of view made forcibly by EU Commissioner for Climate Change Connie Hedegaard at an EWEA-organised debate last week in Brussels.

Ironically, the organisation BusinessEurope, which represents EU employers, was claiming almost at the same time that increasing the EU’s emissions reduction target would be “premature and even counterproductive” in a letter to the Belgian EU Presidency. It seems that some in the business community are more far-sighted than others in recognising the huge economic and job creation potential of zero-carbon technologies like wind energy. Certainly EWEA, which has 650 members including many businesses, believes an increase to 30% emissions reductions is crucial for Europe’s economy as well as its environment. continue reading »

Share

China getting ready to overtake US as wind leader

» By | Published 15 Oct 2010 |

By Guest blogger Angelika Pullen, Global Wind Energy Council

Many developments in China can only be described in superlatives, and wind power is no exception. When I first visited Beijing to attend the ministerial Beijing Renewable Energy Conference (BIREC) in 2005, the city looked very different, and so did the wind energy industry. Back then, China only had around 1,000 MW of installed wind capacity, and when the government used the conference to announce its target of reaching 30 GW of wind capacity by 2020, this seemed nearly insanely ambitious.

And yet, a mere five years later, China has already achieved this target, 10 years early. Not only that – industry experts predict that at least 40 GW worth of wind turbines will be operating in China by the end of this year; possibly more. Given the current difficult situation in the US, there is even a distinct possibility that the world’s largest economy would have to cede its place as leading wind power country to China at the end of December this year. If that doesn’t happen, it almost certainly will in 2011.

What explains the dramatic growth of wind power in China? Genuine political commitment is certainly the deciding factor, something the US has been lacking to date. In 2005, the Chinese government passed the Renewable Energy law, which attracted both foreign and domestic investors to flock into the market. Nearly all large European, US and Indian wind turbine manufacturers established themselves in China to secure a piece of the (very large) cake. But China now also counts more than 30 domestic wind turbine manufacturers, three of which are now among the world’s leading suppliers, as well as an entire supply chain serving the industry. continue reading »

Share

Climate Commissioner warns of Chinese green technology threat

» By | Published 14 Oct 2010 |

UN talks on a possible international climate-saving deal are due to begin in December, but Connie Hedegaard, European Commissioner for Climate Change, last night warned that countries including China are steaming ahead with a revolution in carbon-cutting technology, with or without a global accord.

“Many parties are moving slowly in negotiations but not in reality,” she said at an EWEA debate “Wind of change – how Europe can benefit from reducing emissions by 30%” held in Brussels.

Wind power in China, for example, was virtually non existent 10 years ago, but today China has 50% of the global market, she said at the debate held on the eve of the EU environment council where environment ministers will be deciding the EU’s strategy ahead of the UN talks to be held in Cancun, Mexico.

continue reading »

Share