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More and more companies are turning to wind energy to power their businesses, according to the Global Wind Energy Council. GWEC said wind energy has become fully mainstream and is today one of the fastest growing industrial sectors in the world, attracting $100 bn in investment in 2014. GWEC made the announcement of Global Wind Day, which occurs annually on 15 June. It said “This shows that wind power doesn't only make sense environmentally and socially, but it is also cost-competitive.” Companies running their businesses increasingly on wind power include BMW, General Motors, Nissan, Honda, CEMEX, Heineken, LEGO, IKEA, Facebook, Google, Amazon, Microsoft and Apple.GWEC secretary general Steve Sawyer said: “Climate change is happening faster than expected, but so is the transition to renewable energy.“As businesses become increasingly aware of the progress in technology and falling costs we are seeing a rapid change in investment patterns.“Companies...
On May 22 was held an International Conference "Investing in alternative energy and energy efficiency" within the Ukrainian Investment Dialog project with the support of Kyiv Regional State Administration and State Agency on Energy Efficiency and Energy Saving of Ukraine. Organizer of the conference was a company "Business Gathering".The conference main focus was the development of proposals concerning the legislative system of incentives to attract investment in renewable energy. Its participants included MPs profile parliamentary committees, representatives of Minenergouglya, professional associations, businesses, international financial organizations and foreign investors. The participants also discussed implementation of the National Action Plan on Renewable Energy up to 2020, the outcomes and opportunities of EBRD’s Renewable Energies Financing program in Ukraine as well as fundraising suggestions by the international experts.Representatives of international and national...
Road Map for Renewable Energy in Ukraine to 2030 (Remap 2030. Renewable Prospects for Ukraine), developed by experts of the International Renewable Energy Agency (IRENA) in cooperation with specialists form State Agency for Energy Efficiency and Energy Saving of Ukraine (SAEE) and Ukrainian professional associations, was published on IRENA site on April 29, 2015.REmap 2030 includes not only analysis of the potential of renewable energy sources (RES) in Ukraine, but also the economic benefits of increasing the share of renewables in the total final energy consumption.If current policies (known as the Reference Case in this study), which are described in the recently approved National Renewable Energy Action Plan (NREAP) are maintained, the share of renewable energy in the total final energy consumption will increase from 3% in 2009 (the plan’s base year) to 13,2% by 2030.That total could be boosted to 21,8% using options identified in this study. Increasing the renewable-energy...
According to UNEP's 9th "Global Trends in Renewable Energy Investment 2015", prepared by the Frankfurt School-UNEP Collaborating Centre for Climate & Sustainable Energy Finance and Bloomberg New Energy Finance, the United Nations Environment Programme (UNEP) and Bloomberg New Energy Finance — the past year brought a rebound of green energy investments worldwide with a surge of a solid 17% to $270 Billion.Brushing aside the challenge of sharply lower crude oil prices this sudden increase reversed the investment dip of the past two years and was mainly driven by investments in solar and wind energy.Additional highlights:
China saw by far the biggest renewable energy investments in 2014 — a record $83.3 billion, up 39% from 2013. The US was second at $38.3 billion, up 7% on the year but well below its all-time high reached in 2011. Third came Japan, at $35.7 billion, 10% higher than in 2013 and its biggest total ever.A key feature of the 2014
Every year, Earth Day draws attention to the importance of environmental protection. The American Wind Energy association (AWEA) shows an important role in protecting the environment and health in the U.S the American wind energy plays.1. Wind energy saves lives. The Department of Energy’s recently released “Wind Vision ” report found that wind could provide over a third of U.S. electricity by 2050. This would save $108 billion in cumulative public health costs by cutting deadly air pollutants, including preventing 22,000 premature deaths. For instance, wind energy emits no particulate matter, which is associated with heart and lung disease.
2. Wind energy helps us conserve water. With many states, particularly in the Southwest, facing crippling droughts, wind energy can help. That is because unlike many other energy sources, wind uses no water while generating electricity. As shown in the chart below, wind power avoided the consumption of 68...
On April 6 STC «PSICHEA» jointly with the Ukrainian Wind Energy Association conducted an expert-analytical roundtable Prospects for the Development of the Electricity Sector in Ukraine: Challenges and Solutions. The leading Ukrainian energy experts, representatives of the national wind industry participated in the event. The Roundtable was focused on achieving energy independence, power development plan and an important and integral role the wind industry could play in the process. The participants also discussed ways of improving the transparency of information on the energy market of Ukraine and issues related to the cost of the added power for different technologies as well as efficiency technologies in terms of increasing the power grid capacity. Wind power industry is able to supply at least 15% of electricity in Ukraine - such opinion was expressed by Andrei Konechenkov, UWEA Chairman.“There has been a lot of debate in Ukraine as to how much electricity...
In Turkey and globally wind energy usage is increasing as every 30 minutes one wind energy turbine is installed in the world to provide clean and sustainable low cost energy, according to president of Turkish Wind Energy Association Tuesday.Wind energy president Mustafa Ataseven said during his opening speech at the First Intercontinental Wind Power Congress in Istanbul that nine years ago, Turkey only had 20-30 megawatts, MW, of installed capacity generated from wind energy. He said currently Turkey has over 4000 MW which is an indication of the serious attempts the country has taken during the last decade to increase wind energy's share in the country. Ataseven emphasized that this development helped the country to get a ranking of fifth in Europe and tenth in the world in terms of speed and intensity of wind energy investments. "Our target as a country is to reach 20,000 MW by 2023 which is the year of the country's foundation," Ataseven added. During his speech,...
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