Britain's mild autumn so far has been a pleasant surprise for most of us, but a nasty shock for the UK electric grid operator. Although the weather forecasters may soon get their predicted freezing gales and heavy snowfall, a chill wind has already blown industry expectations off course when unexpected plant shortages sent wholesale prices rocketing an average of £60/MWh to £2,500MWh.
27 November, 2015
The World-Market Status special report – After two years of reductions, the 2014 investments in renewables were increasing to the value of 310 billion USD – nearly reaching an all-time high. The renewable energy markets are shifting significantly towards the emerging markets, and hydropower continues as the largest renewable technology with nearly 3 times the cumulated capacity of the second player, the wind sector.
23 November, 2015