Global Monitor

In his climate change speech earlier this summer, President Obama announced a major policy shift: The U.S. government will end financing for virtually all new coal power plants oversees. In the wake of that

Mexico Creates Council to Meet Clean Energy Target. The Mexican Energy Secretariat on July 5 announced creation of the Renewable Energy Council , a body designed to spearhead eight initiatives outlined in a

An updated estimate of technically recoverable global shale gas resources by the U.S. Energy Information Administration (EIA) puts them at 7,299 trillion cubic feet (tcf)—10% higher than estimated in 2011.

UN Report on Global Renewable Energy Investment. The United Nations Environment Program (UNEP) released its report Global Trends in Renewable Energy Investment 2013 on June 11, finding that renewable energy investment at the global level was $244 billion in 2012. However, global investments in renewable energy fell 12% compared to 2011 due to dramatically lower […]

Two VVER-1000 reactors built and designed by Russian state firm Atomstroyexport under a $3 billion contract are slated to be commissioned this summer in the State of Tamil Nadu in India.

South Korea, the world’s fourth-largest producer of nuclear power, in June warned of “unprecedented” power shortages this summer after it shut down two reactors due to faulty safety equipment and delayed the start of operations of another last month.

In Japan, where all but two of 50 reactors remain shuttered for safety checks following the 2011 Fukushima catastrophe, at least four major utilities were gearing up to apply for safety screening of 12 reactors across six plants.

A proposal to build a $45.8 billion fixed barrage across the Severn estuary, between Brean in England and Lavernock Point in Wales, suffered another blow in June as an influential UK parliamentary committee deemed a high-profile privately financed proposal unsatisfactory for environmental and economic reasons.

A technology developed by the University of Delaware (UD) and NRG Energy that provides a two-way interface between electric vehicles and the power grid earlier this year became an official paid resource on PJM Interconnection’s regional grid (Figure 4). One of the first of its kind, the project proves the so-called “vehicle-to-grid” (V2G) concept can sell electricity from electric vehicles.