Global Monitor
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Legal & Regulatory
Australia Kills Carbon Price, Faces Murky Carbon Future
Australia in July became the first nation to abolish a price on carbon, after the Senate passed the Abbott government’s repeal bills by a vote of 39–32. Yet the country’s carbon conundrum continues because Prime Minister Tony Abbott must still get his Direct Action Plan, a proposed replacement for the country’s emissions trading scheme, to […]
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Renewables
POWER Digest (September 2014)
EU Doles Out €1 Billion in Funding for Renewable Projects Under NER 300. The European Commission on July 10 awarded €1 billion ($1.34 billion) to 19 renewable energy projects and a carbon capture and storage (CCS) project under its NER 300 program. The projects will cumulatively raise European Union (EU) renewable energy production by about […]
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Coal
Hong Kong Mulls How to Best Replace Coal Power
Since March, Hong Kong has been contemplating two options as it prepares to phase out its coal-fired power plants—which currently produce more than half of its electricity—to improve an enduring local and regional air quality and visibility crisis. One option calls for buying more power from coal-heavy mainland China, and the other is to increase […]
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Nuclear
A Nuclear Status and Trend Overview
The world’s nuclear power generation capacity is slated to grow between 17% and 94% through 2030, the International Atomic Energy Agency (IAEA) forecasts in its 2013 Annual Report, released this July. However, it notes, those figures are slightly lower than projections made in 2012, owing to the continuing impact of the Fukushima Daiichi accident, the […]
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Renewables
Above-Average Growth Reported for Nuclear, Renewables in 2013
Despite stagnant economic growth globally, primary energy consumption surged in 2013, with growth for nuclear power and renewables in power generation expanding at above-average rates, BP said in its recently released Statistical Review of World Energy 2014. According to the report, world power generation grew 2.5% in 2013, slightly up over 2012 (which saw 2.2% […]
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Hydro
China Commissions 13.9-GW Hydropower Project
Commissioning of all 18 generating units at China’s 13.9-GW Xiluodu Hydropower Station has been completed, making it the world’s third-largest hydroelectric project (Figure 5), China Three Gorges Corp. announced in early July. 5. Hydropower giant. Commissioning of all 18 generating units at China’s 13.9-GW Xiluodu Hydropower Station has been completed, making it the world’s third-largest […]
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Business
POWER Digest (August 2014)
S. Korea Extends Renewables Target Deadline. South Korea’s government on June 9 said it would push back the target for mandatory use of renewable energy by two years to ease requirements for the
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Legal & Regulatory
France to Slash Reliance on Nuclear in New Draft Policy
France will cap its nuclear power capacity at the current 63.2 GW, forcing closures if new reactors come online, and instead boost renewable generation if a bill unveiled by its energy ministry in mid-June
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Nuclear
First Power for Argentina’s Atucha 2 Nuclear Reactor
Argentina’s 692-MW Atucha 2 nuclear reactor achieved criticality in early June, marking a major milestone for the country’s third reactor, development of which began nearly four decades ago. A pressurized