Related: Finland is EUs third largest renewable-energy user; Swedes like wind subsidies A renewable energy research project conducted jointly by the state-owned VTT Technical Research Center, the Lappeenranta University of Technology and the University of Turkus Finland Futures Research Centerhas successfully modeled comprehensive energy systems based entirely on renewable energy sources for China, Korea and Japan. The project was recently presented with an award for its pioneering work at a solar energy conference in Japan. Tekes, the publicly-funded Finnish Funding Agency for Innovation, has financed the joint project to the tune of five million euros.
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People looking to go green may get burned by solar power – Fox 28: South Bend, Elkhart IN News, Weather, Sports
Most Popular StoriesMost Popular Stories More>> An airline passenger who recently traveled to an “Ebola-affected country” has been hospitalized in New Jersey. More >> An airline passenger who recently traveled to an “Ebola-affected country” has been hospitalized in New Jersey. More >> No injuries after car plows into two houses in Osceola Photos taken by neighbor, Marcy Crum No one is hurt after a car crashed into two separate houses Tuesday morning in Osceola.
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Badly located renewable power plants cost Europe $100 billion: Davos report – Yahoo News
The report, written with consultancy Bain, added that another $40 billion could have been saved by better cross-border coordination and bigger power cables between countries. It said that even though Spain gets about 65 percent more solar energy than Germany (1750 kilowatt-hours per square meter/year compared to 1050 kWh/m2 for Germany), Germany has installed about 600 percent more solar photovoltaic capacity (33 gigawatts compared to 5 GW). But while Spain has less wind than northern European countries, it has still installed 23 GW of wind power capacity. “Such sub-optimal deployment of resources is estimated to have cost the EU approximately $100 billion more than if each country in the EU had invested in the most efficient capacity given its renewable resources,” the WEF report said. It also said that overinvestment in renewables has created huge overcapacity in Europe, weighing on utilities’ profits. Over the past five years 130 GW of renewable generating capacity and 78 GW of conventional capacity have been added to the system in the EU, while only 44 GW of conventional capacity has been retired, the WEF report said.
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