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Chile gives away free electricity, reflecting global struggle toward sustainability

2016-06-05 17:28:00| Climate Ark Climate Change & Global Warming Newsfeed

Christian Science Monitor: Chiles solar power generation has exploded in recent years, to such an extent that it has been providing customers with electricity for free. In parts of the country, according to a Bloomberg report, spot prices plummeted to zero on 113 days in the first four months of this year, on track to smash last years total of 192 days. While this is a boon for consumers, it is clearly an unsustainable model for the power industry. As Chile grapples with some unique circumstances, the struggle also...

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China Swimming in Electricity

2016-06-03 22:32:00| Transmission & Distribution World

Surge in Coal Generation China has a power glut - and it is a polluting problem. read more

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Chile Producing So Much Solar Energy Its Giving Electricity Away for Free

2016-06-03 17:01:00| Climate Ark Climate Change & Global Warming Newsfeed

EcoWatch: In a new Bloomberg report, Chile Has So Much Solar Energy Its Giving It Away for Free, solar capacity from the country`s central grid has increased four fold to 770 megawatts since 2013. Another 1.4 gigawatts will be added this year with many solar power projects under development. Thanks to an economic boost from increased mining production, Chile now has 29 solar farms and another 15 in the pipeline. Enel Green Power Chile Ltda. recently commissioned Chile`s largest solar PV project connected...

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Ocean Electricity

2016-06-01 15:37:00| Transmission & Distribution World

Jason R. Busch Great Promise, Technology in Early Stage New efforts to generate power from waves and tides. read more

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Clean Energy to Take Bigger Share of Electricity Market by 2030

2016-05-29 11:35:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Renewable energy will account for 40 percent of electricity output capacity by 2030, almost double todays market share, according to the International Renewable Energy Agency. The expansion will be due to lower technology costs, Adnan Amin, Irenas director general, said in an interview on Bloomberg TV in Dubai. We anticipate with the lower technology cost, by 2030 were going to have renewables capacity in the global power system at around 40 percent, which is quite remarkable growth. That compares...

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