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Proposal to spend 25% of EU budget on climate change

Eight European countries have called for an ambitious strategy to tackle climate change – and to spend a quarter of the entire EU budget on fighting it. The joint statement says the EU should have net-zero greenhouse gas emissions by 2050 "at the latest". It was signed by France, Belgium, Denmark, Luxemburg, Netherlands, Portugal, Spain,

Anger as UK gov’t proposes 15% tax rise for solar, storage purchases

The national Renewable Energy Association has taken aim at a British government proposal to hike up tax rates attached to some energy saving equipment purchases, including solar and battery storage. A consultation launched by the government department responsible for tax, HM Revenue & Customs closed late last week, proposing an increase in the VAT (value-added

Second-life EV batteries: The newest value pool in energy storage

With continued global growth of electric vehicles (EV), a new opportunity for the power sector is emerging: stationary storage powered by used EV batteries, which could exceed 200 gigawatt-hours by 2030. During the next few decades, the strong uptake of electric vehicles (EVs) will result in the availability of terawatt-hours of batteries that no longer

No place for coal as RWE shelves final lignite plans

RWE has shelved plans for a new coal-fired power station in Germany, announcing that new coal-fired units “no longer have a place” in its strategy. The energy giant had been due to replace existing coal-fired units at the Niederaussem power plant near the city of Bergheim with a lignite power station. But after market conditions

Climate change helping solar, hurting hydro in Europe, say scientists

Climate change is picking up pace in Europe, thrusting farmers and power generators onto the front lines of a battle with nature that threatens to upend the lives of the half billion people who occupy the world’s biggest trading bloc. Last year was the third hottest on record and underlines “the clear warming trend” experienced

Europe’s Solar Renaissance Is on the Horizon

European solar installations hit a five-year high in 2018, and the annual market should crack 20 gigawatts by 2021, according to the latest research from Wood Mackenzie Power & Renewables. Europe's solar market is undergoing a resurgence. More than 10 gigawatts were installed in 2018 for the first time in five years, and the market

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