energy cost News

  • Counting the Cost of Energy Subsidies

    Energy subsidies are projected at US$5.3 trillion in 2015, or 6.5 percent of global GDP, according to a recent IMF study. Most of this arises from countries setting energy taxes below levels that fully reflect the environmental damage associated with energy consumption. The ...


    By GLOBE SERIES

  • IRENA Demystifies Renewable Energy Costs

    On the occasion of the sixth meeting of its Council in Abu Dhabi, the International Renewable Energy Agency (IRENA) yesterday launched a unique web portal dedicated to renewable energy cost analysis (www.irena.org/costs). The portal provides access to IRENA’s data and analysis at no cost to users. “IRENA has developed the most current ...


    By GLOBE SERIES

  • Cost-efficient and environmentally friendly wind energy

    Gearbox failure is the primary reason for downtime in a wind turbine and is extremely costly to replace. One of the main and most damaging causes of gearbox failure is ferrous metal contamination under 10 microns in size which leads to bearing failure. Metal contamination, the primary contaminant produced by gear wear, suspends in the lubrication oil causing premature bearing failure as it ...


  • Food price crisis the result of rising energy costs

    A recent International Food Policy Institute report suggests rising energy prices were chief among the many factors that contributed to sharp spikes in food prices that began in 2005 and peaked in 2007 and 2008. It also suggests there are many ways to prevent food prices from skyrocketing in the future. The IFPRI is a U.S.-based research centre that focuses on global agricultural and food ...


    By GLOBE SERIES

  • Survey Reveals Projections for Lower Wind Energy Costs

    The cost of producing electricity via wind power is expected to fall 24-30 percent by 2030 and 35-41 percent by 2050, according to a survey of the world's foremost wind power experts. Cost reductions are anticipated as a function of continued advancements in wind energy technology. These findings are detailed in new study published in the journal Nature Energy and conducted by the ...

  • Cost-efficient and environmentally friendly wind energy

    Gearbox failure is the primary reason for downtime in a wind turbine and is extremely costly to replace. One of the main and most damaging causes of gearbox failure is ferrous metal contamination under 10 microns in size which leads to bearing failure. Metal contamination, the primary contaminant produced by gear wear, suspends in the lubrication oil causing premature bearing failure as it ...


    By One Eye Industries Inc.

  • Tidal Today: Lowering the cost of Marine Energy generation

    The key is to ensure R&D investment looks at the overall infrastructure and practical mechanics of project installation and operation and maintenance regimes rather than development of turbine technologies in isolation, as reported by Tidal Today. Jon Harman at Tidal Today reports "What makes tidal very different from other sectors is the limited operational windows there is for ...


  • Manure `smells like money` as energy costs rise

    With energy prices driving the cost of agricultural inputs up, nutrient-rich manure is getting another look. 'Calls to Extension offices from people looking for manure and manure compost have increased in recent months,' says Tommy Bass, Montana State University Extension livestock environment associate specialist. Bass said that this shift in perception is good for water quality, too. 'As manure ...

  • ABB cuts energy costs in Singapore buildings

    ABB i-bus is the most widely used building installation system in Singapore. It has the largest installed base across the entire range of building uses – offices, factories, hotels and resorts, universities and schools, apartments, villas and bungalows. Several of these installations have recently won best-performance awards for energy efficiency and environmental friendliness from the Singapore ...


    By ABB

  • Is the Uk getting better at predicting future energy costs?

    A new report published today by the UK Energy Research Centre's Technology and Policy Assessment (TPA) function asks why the cost of generating electricity in the UK has continued to rise, and why we keep getting it wrong when it comes to predicting future costs. Presenting the Future: an assessment of future costs estimation methodologies in the electricity generation sector has been produced ...

  • `Onerous` energy costs blamed for Bridgewater`s collapse

    “Onerous” energy costs have been highlighted as the main reason for the downfall of the Bridgewater Paper Company. Further damage to the firm was caused by the age of the paper mill and general inefficiency of the technology in use. Customer pressure to push prices down (prices were reduced by 10% in 2009 as a result), against high energy costs and the high cost of waste paper also weighed on ...

  • Carbon Trust to slash costs of marine energy by 20%

    £1m Carbon Trust research initiative to reduce costs of marine energy using innovative technologies transferred from traditional industries including aviation, oil and gas.Giant turbine blades developed using technology from the aviation industry and underwater hydraulic power networks as used in the oil and gas industry are just two of the technologies that could be harnessed by the marine ...


    By Carbon Trust

  • Report: Fossile Energy Will Cost Double Renewable By 2030

    A commonly repeated mantra is that renewable energy technologies are too expensive, or require high investments. Which suggests that the alternative to renewable energy – the current fossil-based energy infrastructure - is cheaper, or requires less investments. But does that view hold true? A look at global energy cost developments shows – Fossil ...


    By SolaVis

  • Energy Costs Rising as National Debts Grow

    Although gas prices are temporarily low at the pump, long-term energy costs are on the rise. According to State of the World 2015 contributing author Nathan John Hagens, a former hedge fund manager who teaches human macro-ecology at the University of Minnesota, nations are papering over those costs with debt. Higher energy costs are leading to continued recessions, excess claims on future natural ...


    By Worldwatch Institute

  • UK Energy Crisis Report [EXTRACT] Policy Cost

    Drumbeat Energy Management is featuring extracts from the recent Liberum Capital Report ‘A crisis inUK energy policy looks inevitable’. The report identifies the possible triggers to the crisis. Download: ...


    By Drumbeat Energy Limited

  • Saving On Energy Costs With Spray Foam Insulation

    One of the basic needs for all homes is an efficient heating and cooling mechanism. In the times of rising fuel prices, the prices of electricity are also on a constant rise. Making your homes energy efficient is hence the urgent need of the hour. In this regard, most people usually focus on replacing or upgrading their furnace, broiler or HVAC. However, what many fail to look into are the air ...

  • Worldwide Energy Finds Lighting Maintenance Can Save on Energy Costs

    It's often overlooked, but proper lighting maintenance is a large part of reducing utility bills, especially for businesses where lighting accounts for an estimated 20 percent of total energy used in commercial buildings. More often than not, many businesses do not have a detailed lighting maintenance policy other than replacing burned-out ...


  • WADE Canada: Decentralized Energy is Critical to Offsetting Rising Energy Costs

    The recent report released by the Canadian Electrical Association prepared by the Conference Board of Canada is an excellent depiction of the daunting challenge for the energy markets in Canada. The nearly $200 billion of investment in generation alone, to meet projected demand, will require a coordinated national plan that needs to include clean and decentralized options. "It is essential ...


  • Hybrid Energy Looks to High Energy Solar Cells in Its Consumer Solutions: Energy Conversion to Double, Energy Costs to Half

    RENO, NV -- (Marketwire) -- 07/14/10 -- Hybrid Energy Holdings, Inc. (PINKSHEETS: HYBE) is pleased to report independent advances in solar cell research have virtually doubled the conversion ratio of sunlight to energy, thereby significantly reducing the effective cost of its solar energy solutions and the cut payback time frames in half. Researchers at the University of Texas in Austin and ...


  • Solar Power Offers Solution to Record-High Energy Costs in Alberta

    SkyFire Energy Inc. (SkyFire) announced today that as the standard cost of electricity continues to reach record levels in Alberta, the opposite is true for solar energy which is now, in most cases, better than grid parity. Grid parity is the cost at which solar electricity costs the same as buying power from your utility. An investment in a ...


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