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CommentWire
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By restricting funding for coal power stations to all but the poorest countries, the World Bank is taking a step in the right direction towards a greener world. While this move has faced criticism, reducing extreme poverty has to take preference over low carbon energy. Ultimately, the World Bank has to find a way to help poorer countries use funding to develop cleaner alternatives.
Published By Datamonitor
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13 Apr 2011 |
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Expert View
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In one of its more controversial recent decisions, the World Bank has agreed to loan South Africa $3.75 billion to build a 4.8GW coal-fired power plant. Although this project is an urgent response to crippling power shortages that are posing a real threat to the industries on which the country is so dependent, the proposal has attracted criticism, especially from environmentalists.
Published By Datamonitor
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22 Apr 2010 |
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Expert View
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The benefits created by smart metering are considerable, particularly dynamic pricing. Yet the most important element of smart metering - the customer - is little understood and is at risk of being overlooked. Utilities must soon introduce smart metering and the notion of variable pricing to their domestic clients.
Published By Datamonitor
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08 Mar 2011 |
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CommentWire
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The global wind energy industry is facing challenges including rising raw materials costs, supply chain problems and skills shortages, due mainly to booming demand. With renewable valuations at an all time high, Datamonitor predicts strong growth will continue on the back of record sustainable energy investments driven by technology maturity, policy incentives and heightened investor appetite.
Published By Datamonitor
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31 Mar 2008 |
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Expert View
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The prospect of a potential energy supply gap has revived the carbon floor price debate. While the British government has proposed a minimum price under which carbon cannot fall - which would make fossil fuel generation more costly - it is not yet clear whether the floor price is a real commitment to cleaner technology, a much-needed subsidy for nuclear power, or both.
Published By Datamonitor
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24 Nov 2010 |
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Expert View
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Despite the economic downturn, continuing raw material supply limitations and high prices, the solar photovoltaics industry enjoyed very strong growth in 2007. Although subsidy changes in key markets could curtail this upward trend, it is more likely that manufacturing efficiencies, among other factors, will more than offset the proposed subsidy reductions without a major impact on profit margins.
Published By Datamonitor
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20 May 2008 |
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CommentWire
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Backed by 137 institutional investors representing $16 trillion in assets, the Carbon Disclosure Project (CDP) has launched a new program designed to assess the risks and opportunities associated with the water consumption of the world's 500 largest companies. As 90% of global freshwater is used for food and energy production, utilities need to proactively manage water as a core asset.
Published By Datamonitor
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30 Nov 2010 |
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CommentWire
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The price for the nuclear fuel uranium has grown from about $43 per pound in July 2010 to around $70. Whereas in the past prices tended to be mostly driven by speculation and questions over supply, the recent development is also the result of countries around the world planning heavy investment in new nuclear power. This trend raises questions over the financial viability of the resource.
Published By Datamonitor
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11 Feb 2011 |
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CommentWire
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Natural gas is a vital element of the UK's energy mix but production peaked in 1999 and there are concerns that the country is now becoming over-reliant on foreign gas. Production is in rapid decline but the availability of additional sources, particularly from Libya, could reduce market volatility and push prices down, which would be beneficial for importers.
Published By Datamonitor
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28 Sep 2009 |
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CommentWire
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Headquartered in Abu Dhabi, which is set to become home to Masdar, the world's first zero-carbon city, the International Renewable Energy Agency has expanded at a rapid pace, nearly doubling the number of signatory countries from 75 to 148 since its inception. The association has the potential to become a leading voice in deciding green energy policy worldwide.
Published By Datamonitor
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21 Jul 2010 |
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