A Danish consortium is seeking to store electricity from large scale renewable energy plants in the form of thermal energy in big tanks containing crushed, pea-sized stones made of basalt. The first 10 MWh demonstrator is planned to be developed in Denmark and to be powered by a wind facility. Another project is also under development in the United States and is planned to be linked to a solar plant.
New figures from local electricity retailer Synergy have shown that a second residential solar boom is taking place in the state of Western Australia (WA). With 2,500 customers each month installing photovoltaic arrays, the installation rate is many times higher than it was when now-defunct generous subsidies were in place.
The European Photovoltaic Industry Association (EPIA) has wasted no time in adding its voice to the debate over 2030 EU climate goals, kicked off by the release of a European Commission (EC) Green Paper yesterday in Brussels. EPIA has called for a “three-target approach.”
Bloomberg New Energy Finance (BNEF) forecasts that large-scale photovoltaic systems will supply energy cheaper than coal and gas by 2020 in Australia. Already, it states, wind farms are supplying energy cheaper than its fossil fuel counterparts.
The executive director of the International Energy Agency has made a call for “more urgent than ever” action to reduce carbon emissions and promote “low-carbon” energy investment. The strong statement comes as the second week of the UNs Climate Change Conference in Doha continues.
The first edition of a newly launched global monitor detailing the race for photovoltaic grid parity has ranked Germany at the foot of the seven countries studied. Meanwhile, Mexico has taken pole position.
Unhampered by a massive surge in the output of oil and natural gas, especially in the U.S., renewables will take their place in the sun by 2035, according to the findings of the World Energy Outlook 2012. Overall, solar power is expected to grow more rapidly than any other renewable technology. Subsidies will continue to play a key role in development, however.
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