Posts Tagged ‘falls’

IEA warns of ‘worrying trend’ as global investment in renewables falls

Fossil fuels increased share of energy supply investment last year – the first time since 2014 The world’s energy watchdog has sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% to 8bn (£240bn) last year. The International Energy Agency said the decline is set […]

Spain’s Iberdrola 9-mth core profit falls 5 pct on drought, lower margins

Spanish utility Iberdrola said on Tuesday core profit slipped 5.1 percent in the first nine months of the year as a drought in Spain hit its hydroelectric capacity and on lower demand and margins in Britain. Earnings before interest, taxes, depreciation and amortisation fell to 5.44 billion euros for the nine months to September 30, […]

Just let Muskrat Falls go

Danny Williams can't seem to let go of Muskrat Falls because he was the one who started the project in the first place. What happened to the power that they clawed back when Grand Falls Mill closed down? More power can be derived from Bay D'Espoir with new infrastructure put in place producing another 150 […]

China’s coal consumption falls for 3rd year in a row

China's consumption of coal fell in 2016 for a third year in a row, official data showed Tuesday, as the world's top polluter increasingly grapples with its massive pollution challenges. The National Bureau of Statistics said coal consumption fell by 4.7 percent last year, according to preliminary calculations. View full post on Wind Power News

State fund for renewable power falls prey to budget woes

Since 2008, the state has set aside a pot of money for renewable energy projects like small dams and wind turbines. Called the Renewable Energy Fund, the projects it's backed have replaced tens of millions of gallons of expensive diesel in communities from Skagway to Nome. View full post on Wind Power News

Global coal and gas investment falls to less than half that in clean energy

Record year for renewables also sees financial investment by developing countries overtake that of the developed world in 2015, research shows Global investment in coal and gas-fired power generation plants fell to less than half that in renewable energy generation last year, in a record year for clean energy. It was the first time that […]

European clean tech industry falls into rapid decline

Investment in low-carbon energy in Europe last year plummeted by more than half to $58bn, the lowest level in a decade, analysis shows Europe’s once world-beating clean technology industry has fallen into a rapid decline, with investment in low-carbon energy last year plummeting to its lowest level in a decade. The plunge in European fortunes […]

Australia falls behind in global renewable energy

The federal government is currently locked in an impasse with the opposition over how much to cut from the Renewable Energy Target. Australia has fallen behind similar economies around the world in the generation of renewable energy, a new report has found. View full post on Wind Power News

Energy provider Dominion’s 3Q profit falls 7 pct

Dominion Resources’ third-quarter profit fell 7 percent as the energy provider spent heavily on the development of a third nuclear reactor at a Virginia facility and offshore wind operations. The Richmond company on Friday reported earnings of $529 million, or 90 cents per share, for the period ended Sept. View full post on Wind Power […]

Peru wind energy moratorium falls short

A majority of voters supported a two-year moratorium on wind energy projects, but not enough to carry the measure through. View full post on Wind Power News