Changyi turns investor beacon on policy push

A vegetable grower tends to seedlings at a greenhouse in Changyi, a county-level city in Weifang, Shandong province, in September. Xu Suhui / Xinhua

Changyi, a county-level city in Weifang, Shandong province, is strategically positioning itself as an investment magnet to draw in more investors, as part of efforts to provide robust momentum and support for high-quality economic development.
During the January-October period of 2023, the city conducted…
Read More…

Source: https://www.chinadaily.com.cn/a/202401/18/WS65a87fc3a3105f21a507cf19.html

Tata to explore renewable energy investment opportunities in U.P.

Tata Group has expressed its keen interest in investing in Uttar Pradesh’s renewable energy sector. This was deliberated during a high-level meeting with Saurabh Agarwal, chief financial officer of Tata Group, at the World Economic Forum (WEF) in Davos, Switzerland on Wednesday. For Representation Only: A worker stands as he looks at a wind turbine used to generate electricity. (Reuters File Photo) {{^userSubscribed}} {{/userSubscribed}} {{^userSubscribed}} …
Read More…

Renewable energy sector is shining – Opinion

Accelerating global energy transition would help solve many other pressing problems

WANG XIAOYING/CHINA DAILY

China has experienced a tremendous surge in green sectors in recent years, including solar and wind power, batteries, electric vehicles and more. China”s rapid deployment of renewable energy and increased renewable energy generation could soon overtake the increase in total energy consumption. If that trend continues, China’s greenhouse gas…
Read More…

Europe’s Energy Markets Are Being Upended by Denmark’s Electricity Traders

Before dawn on a recent autumn day, fog set in over large swaths of Eastern Europe. In any other financial market, the weather wouldn’t have mattered much. Perhaps a few delayed flights, maybe some traffic jams, most of little consequence. But in Europe’s electricity bazaar, bad weather equals money.More than 1,000 kilometers away from the fog, a small group of largely anonymous trading firms based in Denmark was ready to pounce. As soon as the infrared picture from a Meteosat weather…
Read More…

Source: https://www.bloomberg.com/opinion/features/2024-01-18/europe-s-energy-markets-are-being-upended-by-denmark-s-electricity-traders

Flying Kites Deliver Container-Sized Power Generation

On average, a humble wind turbine uses less land area per megawatt-hour than almost any other power source. Even so, a wind turbine and its tower can sometimes be too cumbersome. The still-nascent field of airborne wind energy (AWE) has a solution: Swap out the turbine for a kite on a string. Not only is a kite nimbler than a turbine, it can deliver a more constant energy supply.The steady, intense winds some 500 meters above sea level are capable of generating 1800 terawatts: enough to…
Read More…

Power Plants Mimic Nature, Generate Energy from Wind, Rain

Fake plants are moving into the 21st century! Researchers developed literal “power plants” — tiny, leaf-shaped generators that create electricity from a blowing breeze or falling raindrops — and described them in ACS Sustainable Chemistry & Engineering. The team tested the energy harvesters by incorporating them into artificial plants.Electrical energy can be produced from nature in several ways. For example, solar panels convert light energy from the sun, and wind turbines transform…
Read More…

Source: https://www.miragenews.com/power-plants-mimic-nature-generate-energy-from-1157019/

Net zero: NI has ‘no powers’ to meet decarbonisation goals

By Louise CullenBBC NI agriculture and environment correspondent17 January 2024, 06:41 GMTUpdated 21 minutes agoImage source, Getty ImagesImage caption, Northern Ireland has a goal of generating 80% of its energy from renewable sources by 2030Northern Ireland has “no powers” to support its climate change goals, MPs have been told. Members are concerned the sector will fail to meet the legally-binding target of 80% of energy consumption from renewable sources by 2030. MPs were told…
Read More…

Source: https://www.bbc.com/news/uk-northern-ireland-68001336.amp

South Africa’s Renewable Energy Plans Hit Roadblock As Eskom’s Quotes Expire

In a recent announcement, Eskom, South Africa’s primary electricity supplier, conveyed the expiration of budget quotes for the grid integration of four projects under the Risk Mitigation Independent Power Producer Procurement Programme (RMIPPPP). Launched in 2020 to address the nation’s energy challenges, the RMIPPPP aimed to procure 2,000MW from various dispatchable technologies, including gas, solar PV, wind, battery energy storage systems, and hybrid technologies.

The…
Read More…

stocks, news, UK inflation and Davos

28 Mins AgoSiemens Energy chair less concerned by German inflation than by ‘downbeat mood’The chair of Siemens Energy told CNBC he is less concerned by the recent rise in inflation in Germany than he is by the gloomy public mood.Joe Kaeser, the former chief executive of German conglomerate Siemens, said base effects and the monthly and quarterly readings meant he was not overly focused on the annual headline inflation figure.”I am more concerned about the mood which we have in Germany….
Read More…

Source: https://www.cnbc.com/amp/2024/01/17/ukraine-war-live-updates-stocks-news-uk-inflation-and-davos.html