Andy Colthorpe and Liam Stoker are back reviewing the pivotal clean energy headlines from around the globe. Liam reports back from the World Future Energy Summit in Abu Dhabi where the future of the Middle East’s power grid was up for debate before the discussion moves on to Australia’s bush fires, the nation’s relationship with coal and what ‘Scotty from marketing’ might be able to learn from Germany.
The European Bank for Reconstruction and Development (EBRD) will no longer finance thermal coal mining or coal-fired electricity generation and will focus instead on renewable energy as part of its new five-year decarbonisation energy strategy.
As the Trump Administration dials back the Clean Power Plan citing pesky environmental regulations for coal's problems, its claims of being against intervention ring hollow. If the President wants modern, independent and increasingly economically sustainable power infrastructure, he should be backing solar.
Cayuga Operating Company (COC), the owner of a coal-fired plant in Tompkins County, New York, has announced plans to construct one of the state’s largest solar farms for an investment in excess of US$25 million.
At least 13.7GW of planned coal-fired power plants have been cancelled in India this month, while solar prices have tumbled to new lows, showing that India’s energy transformation is in full swing, according to the Institute for Energy Economics and Financial Analysis (IEEFA).
Consultancy firm Bridge to India explains how southern India represents a test case for grid integration of variable renewable energy, accounting for 45% of the country’s total wind and solar power capacity.