European renewable energy sector expected to thrive despite erratic weather

European renewable energy - Map of Europe

Researchers have analyzed how long-term weather patterns might affect renewable power tech across Europe. Researchers from the United Kingdom, Ireland and Switzerland have examined how unpredictable weather might impact European renewable energy technologies, including wind and solar energy. The researchers used 30 years of meteorological data. The scientists, whose research was published in the journal Joule, analyzed and further modelled the impact of European renewable energy on Europe’s electricity sector until the year 2030. What they discovered was that in spite of the unpredictable nature of solar and wind energy,…

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Renewable energy fund to invest in European clean energy projects

New renewable Energy Fund partnership between Vitol and Low Carbon - Green grass and light bulb

Vitol and Low Carbon partner to jointly start VLC Renewables. Vitol, the world’s largest oil trader, and Low Carbon, a privately held investment firm, have announced a joint renewable energy fund. The Jersey-based fund is called VLC Renewables and its purpose, according to a recent press statement from Vitol, is to generate significant investment in renewable energy assets across Europe. The fund will be allocated an initial €200 million. To start, the renewable energy fund will focus on investment in both onshore and offshore wind energy projects. It will also…

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EU has unveiled a new clean energy target

Clean Energy Target - Woman - Graph

The EU aims to derive 32% of its energy from renewable sources by 2030 The European Union has announced that it will be raising it’s clean energy target. European counties have been working to increase their consumption of clean energy for some time. Previously, the EU had aimed to derive 27% of its electricity from renewable sources by 2030. Now, the EU has raised this target to 32% in the same time frame. New deal could build confidence among investors The new target has been welcomed by some environmental groups,…

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EU issues new guidance for renewable energy projects

EU Renewable Energy Projects - EU Flag

New documents aim to ensure clean power projects are being developed responsibly The European Commission has issued new guidance to help European governments during the planning phases of renewable energy projects. The Commission has issued two guidance documents as part of the EU Action plan for nature, people, and the economy. These documents aim to improve biodiversity within the European Union while ensuring that new energy projects can be developed safely and in an affordable manner. The environmental risks of clean power projects are becoming a concern Environment, Fisheries, and…

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EU lawmakers want more aggressive renewable energy targets

EU Flag - Renewable Energy European Union and Europe

Lawmakers have come together to call for higher clean power targets Members of the European Parliament have come together to agree on more aggressive renewable energy targets. Politicians met earlier this week to discuss some 1,300 amendments to the European Commission’s initial clean power proposal. The European Union, as a whole, has been working to embrace renewable energy and reduce emissions for some time. Last year, member states were given legal directives to generate no less than 20% of their electricity from renewable sources by 2020. Many lawmakers now want…

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European utilities vow to abandon coal in favor of renewable energy

Renewable Energy - Coal Power Plant

Utilities promise to stop investing in coal after 2020 Utilities throughout Europe have come together to pledge not to build any new coal plants after 2020. Every European country, apart from Poland and Greece, will be working to move away from coal in favor of cleaner forms of power. The announcement comes from Eurelectric, which represents some 3,500 utilities in Europe. According to the organization, utilities have committed themselves to deliver on the promises made through the Paris Agreement, which calls for a significant reduction in emissions and a greater…

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European countries are struggling with the Paris Agreement

Paris Agreement - Image of Paris with Eiffle Tower

Only three countries are on track to comply with the Paris Agreement Sweden, Germany, and France are the only European countries that are pursuing policies that will allow them to meet the commitments they made through the Paris Agreement, according to a recent study from the EU Climate Leadership Board. The European Union, as a whole, has pledged to cut carbon emissions by 40% by 2030. Some countries seem to be taking this pledge more seriously than others, however, which could lead the region to mission its emissions reduction targets…

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Dong Energy to abandon coal in favor of renewable energy

renewable energy - Coal

Dong will be moving away from coal in the near future Dong Energy, a Danish energy company, has announced that it will be divesting in coal in the near future. The company has begun to focus intensely on renewable energy and has established itself as the largest wind power producer in Europe. In October of last year, Dong announced that it would withdraw from the oil and gas sectors, showing greater favor for clean power. According to CEO Henrik Poulsen, renewable energy is the future and now is the time…

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Europe aims to put a cap on renewable energy production

European Commission draft law seeks to pay companies to stop producing renewable energy Regulators from the European Union are looking to pay energy companies to stop generating electricity in order to create a safeguard against renewable energy blackouts. The European Commission, the legislative arm of the European Union, will be publishing a draft law which will allow for paying more for surplus energy supply. Much of the money set aside by the law will be funneled to renewable energy companies, which will be providing electricity only when it is needed…

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Europe 2015 Market For Renewable Energy Industry – Market Shares, Strategies, And Forecasts Worldwide: MarketResearchReports.Biz

MarketResearchReports.Biz has announced addition of new report “Europe Renewable Energy Industry 2015 Market Research Report” to its database. The Europe Renewable Energy Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Renewable Energy industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Renewable Energy market analysis is provided for the Europe markets including development trends, competitive landscape analysis, and key regions development status. Download Sample Copy of this Report at http://www.marketresearchreports.biz/sample/sample/333854 Development…

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Europe Renewable Energy Policy Handbook 2015: ReportBazzar

ReportBazzar has announced a new report titled “Europe Renewable Energy Policy Handbook 2015” to their offering. Browse Complete Report with TOC: http://www.reportbazzar.com/product/europe-renewable-energy-policy-handbook-2015/ Summary “Europe Renewable Energy Policy Handbook 2015” is the latest policy report from the industry analysis specialists that offer comprehensive information on major policies governing renewable energy market in the region. The report presents an in-depth analysis of the renewable energy policies across the major countries in Europe namely the Germany, France, Italy, the UK, Spain, Austria, the Netherlands, Norway, Poland, Sweden and Turkey. The report provides the…

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EDA encourages European militaries to use more renewable energy

Expanding the use of renewables within the military could help Europe become a lower-carbon economy. The European Defence Agency (EDA) is urging European countries and their armed forces to increase their use of renewable energy, as the adoption of more sustainable practices may help the continent in its efforts to lower its carbon footprint. There is more than one way that Europe’s armed forces could become more eco-friendly. According to a report from Defense News, The EDA says that it is “hard to overlook” that environmental factors and energy are…

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Market Overview: Europe Solar Backsheet Industry 2015 Market Research Report by MarketResearchReports.biz

MarketResearchReports.Biz has announced addition of new report “Europe Solar Backsheet Industry 2015 Market Research Report” to its database. The Europe Solar Backsheet Industry 2015 Market Research Report is a professional and in-depth study on the current state of the Solar Backsheet industry. The report provides a basic overview of the industry including definitions, classifications, applications and industry chain structure. The Solar Backsheet market analysis is provided for the Europe markets including development trends, competitive landscape analysis, and key regions development status. Development policies and plans are discussed as well as…

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Renewable energy grid parity may be coming to Europe

Report suggests that grid parity is not an impossible dream in Europe Unsubsidized renewable energy may become a reality in Europe within the coming years. A new report from POYRY, an energy consultancy firm, suggests that wholesale grid parity is on the horizon. The report highlights the growing trend of retail grid parity in many European countries. As renewable energy continues to grow and receive more support, it is beginning to compete with more traditional forms of energy in terms of cost and supply. Grid parity could be possible as…

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Geothermal energy from Iceland could power homes in Europe

The north Atlantic island grows closer to being able to power homes with green energy via a power cable. Iceland’s government and its national power company, Landsvirkjun, are researching if the country should move forward with their project to construct a 727 mile (1,170 kilometer) submarine cable that would hook up European homes into Iceland’s hydropower and geothermal energy reserves. The green project would cost up to $2 billion. To construct what Landsvirkjun says would be the longest power cable in the world, Iceland would require a bilateral deal with…

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Renewable energy reaches new milestone in Germany

Germany energy needs satisfied through clean power over the past weekend Germany continues to make breakthroughs when it comes to renewable energy and efficiency. The country has become one of the most aggressive supporters of clean power in recent years, with a strong focus on solar and wind energy. Some Germany states have managed to generate the majority of their electrical power from renewable sources recently, thanks to energy efficiency practices and trends of low energy consumption among consumers. Over the past weekend, however, the entire country managed to reach…

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