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Britain to end solar power subsidy scheme early

2014-05-13 07:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Reuters: Britain will end its subsides for new solar power plants two years earlier than expected to prevent costs from the scheme soaring, the government said on Tuesday. Energy companies who build solar farms currently qualify for subsidies through the government's so-called 'Renewable Obligation' (RO) scheme, and had expected to keep receiving these until 2017. Under the plans announced by the Department for Energy and Climate Change (DECC) the scheme will be closed to new solar projects over 5 megawatts...

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United Kingdom: Subsidy review announcement threatens shake up solar farms

2014-05-13 01:05:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The Department of Energy and Climate Change (DECC) is expected to publish a major consultation on the level of financial support provided to solar farms this week, with government and industry sources indicating it could be released as early as today. The prospect of a fresh review of solar farm subsidies was first revealed by BusinessGreen late last month, after sources confirmed the government was considering changes to the subsidy regime in an effort to support its new Solar Strategy. The...

Tags: review united kingdom united kingdom

 
 

Scientists attack biomass power subsidy

2014-05-05 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Financial Times: Some of the most distinguished scientists in the US have written to UK energy secretary Ed Davey, urging him to abandon the governments misguided subsidies for companies burning wood pellets to generate electricity, such as the Drax plant in Yorkshire. The biologist, Dr E.O. Wilson and Professor Daniel Kammen, an energy adviser to the US State Department, are among 60 signatories to a letter seen by the FT. It warns that UK energy policies are stimulating an explosive growth in wood pellet...

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South Korea set to pass smartphone subsidy law

2014-05-02 02:00:00| Total Telecom industry news

New rules to require handset makers to disclose price of new devices to IT Ministry.

Tags: set south law pass

 

Shale Gas Boom Leaves Wind Companies Seeking More Subsidy

2014-04-07 21:06:00| Climate Ark Climate Change & Global Warming Newsfeed

Bloomberg: Wind power in the U.S. is on a respirator. The $14 billion industry, the worlds second-largest buyer of wind turbines, is reeling from a double blow -- cheap natural gas unleashed by the hydraulic fracturing revolution and the death last year of federal subsidies that made wind the most competitive of all renewable energy sources in the U.S. Without restoration of subsidies, worth $23 per megawatt hour to turbine owners, the industry may not recover, and the U.S. may lose ground in its race...

Tags: companies gas wind seeking

 

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