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United Kingdom: Crown estate to invest 20m in wave and tidal power

2013-01-16 13:31:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: The UK's fledgling wave and tidal power industries are to be boosted with a 20m cash injection from the crown estate. Wave and tidal projects have been difficult to fund in the UK, despite the fact that the UK has some of the best locations for these sorts of renewable energy projects. But the technology is still in its infancy compared with technologies such as wind and solar power, which have been proven for decades. The indication of interest in making cash investments from the crown estate,...

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United Kingdom: Will connecting offshore wind to the grid really cost 17bn?

2013-01-15 12:44:00| Climate Ark Climate Change & Global Warming Newsfeed

Guardian: A release from the reputable House of Commons Public Accounts Committee reported in almost every newspaper this week claimed it was 17bn. That, the Telegraph calculated, adds up to 35 a year on household bills who are helping to pay for a 10-11% return on investment for those lucky enough to own an offshore wind power line. Is it true? 1) It's not 35 - it's about 9.80 per household It's not hard to work out how the Telegraph got to it's 35 figure. Take 17bn, divide it by the number of...

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United Kingdom: Labour accuses government of 'stringing along' CCS industry

2013-01-14 12:57:00| Climate Ark Climate Change & Global Warming Newsfeed

BusinessGreen: The government's controversial Carbon Capture and Storage (CCS) programme has faced fresh criticism today, after Labour accused ministers of "stringing the CCS along" at the same time as slashing the level of funding immediately available to support demonstration projects. Shadow Energy Minister Tom Greatrex said Cabinet Office documents confirmed funding for CCS demonstration projects during the current spending period had been slashed to 200m, despite government promises of a 1bn funding competition...

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United Kingdom: Tidal power has 'huge potential'

2013-01-14 03:07:00| Climate Ark Climate Change & Global Warming Newsfeed

BBC: The UK is underestimating the amount of electricity that could be generated from tidal sources, new research says. The analysis says that estuary barrages and tidal streams could provide more than 20% of the nation's demand for electricity. Despite high costs, experts say tidal power is more reliable than wind. The predictable nature of tides makes them an ideal renewable energy source, the journal Philosophical Transactions of the Royal Society A reports. But finding effective ways of...

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United Kingdom: MPs say wind farm contracts are 'shocking'

2013-01-13 22:17:00| Climate Ark Climate Change & Global Warming Newsfeed

Independent: Families could face higher electricity bills as a result of "shocking" blunders in awarding new contracts for offshore wind farms, a group of MPs has warned. Private Finance Initiative (PFI) deals worth 17bn, agreed with companies for transmitting wind power to the mainland, showed that the Government had failed to learn from earlier poor PFI contracts and the costs would eventually be passed on to consumers, the Public Accounts Committee said. A report published today looks at the "elaborate"...

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