Sentences with phrase «renewable generation business»

Eon will sell its renewable generation business to RWE and will in exchange receive the network and retail business from Innogy.
In the case of Eon, a new subsidiary, Uniper assumed the task of conventional generation, while Eon itself kept the distribution grids, the renewable generation business and retail solutions.

Not exact matches

The state's business sector is making major efforts to reduce overall power consumption while moving towards greater use of renewable energy generation.
Last year, Germany's top utility, E.ON, underwent a restructuring to focus on renewable energy in response to the dramatic changes in the power generation and utility business.
As an energy investor, I'd rather be in a growing renewable energy business that's taking market share in electricity generation than a fossil fuel business that's losing market share every year.
And most energy markets, regulatory frameworks and business models are still designed for fossil fuel generation, and remain ill - adapted to the special characteristics of renewables and energy demand reduction.
Today, renewable energy resources like wind and solar power are so affordable that they're driving coal production and coal - fired generation out of business.
I recently wrote a post about what I call Generation E, young people around the world whose actions, or inaction, could well spell the difference between an accelerated transition to a world with abundant, renewable, non-polluting energy options and business as usual.
«In the project Solar Poland you will find farms that are committed to the production of fine foods (organic and traditional) as well as to taking a caring attitude to the environment, through maximizing the economic and ecological use of renewable energy sources in their homes and businesses... By staying at a Solar Poland farmhouse you will play your part in supporting a clean and green future — helping to make Polish countryside an even more pleasant environment for us and for future generations
At an industry roundtable hosted by the U.S. - India Business Council (USIBC) in New York, Piyush Goyal, Minister of State with Independent Charge for Power, Coal, New & Renewable Energy discussed India's ambitious target of achieving 175 GW of renewable generation capacity and innovative ways of mainstreaming energy efRenewable Energy discussed India's ambitious target of achieving 175 GW of renewable generation capacity and innovative ways of mainstreaming energy efrenewable generation capacity and innovative ways of mainstreaming energy efficiency.
You can invest in green businesses working to increase US renewable energy generation and energy efficiency.
As for RWE, its renewable energy business is moving into a new company, while other types of generation will stay with the original company.
And in the past few weeks, investment banks such as UBS, along with Macquarie Group and Deutsche Bank have all noted how the solar industry is reframing energy markets in Europe, and beyond, and turning once profitable coal and gas fired generators into marginal businesses, and forcing many to close or to embrace a more rapid change to renewables and distributed generation.
Within the electric sector, fee avoidance options include energy efficiency, installing solar energy or some form of carbon - free distributed generation on your home or business, subscribing a community solar project, or signing up for a competitive supplier option that procures high levels of renewable energy credits (RECs) or procures clean energy directly through a long - term contract.
The draft CES came in for withering criticism from the solar industry, environmentalists, and renewable power experts because it called for capping the kind of solar power known as distributed or behind - the - meter generation — that's what people and businesses put on their roofs — at about 20 megawatts a year.
Matthias Taft, Board Member of BayWa AG with responsibility for the energy business adds: «We are entering a new phase of energy generation: for the first time, renewable energy plants are able to generate cleaner power at the same or even lower price as conventional power plants.
«Our positive progress in moving towards our goals has enabled us to demonstrate the business case for investment in energy efficiency and renewable electricity generation to stakeholders across the building sector.
«The many businesses and homeowners who have taken advantage of cost effective renewable energy installations are helping to create both a safer and more prosperous Commonwealth for the next generation
Since spinning off its conventional generation and global commodity trading business last September, E.ON has been fully focused on its core businesses: energy networks, customer solutions, and renewables.
The solution is to redraw the whole business model for the life cycle (conversion — > generation — > distribution — > consumption) for green energy, the current merge into the brown energy life cycle is perhaps one of the biggest barriers for the predominance of renewable energy for the masses.
Experts believe small - scale energy generation can help in the push for more renewable energy with businesses, communities, schools and homes playing their part by installing items like solar panels for heating, biomass boilers and combined heat and power supplies.
Some have taken direct action, moving into renewable energy generation, not only for their own consumption but also for the market, thereby diversifying their business model.
From on - site energy generation systems to community - supported renewable energy projects, BEF has partnered with dozens of businesses and utilities to cost - effectively respond to changing customer needs.
In that capacity, he helped manage the largest program in the world for working with businesses to develop and use advanced transportation and clean energy technologies — $ 1 billion aimed at energy efficiency, hybrid vehicles, electric batteries, hydrogen and fuel cell technologies, renewable energy, distributed generation, and biofuels.
By decentralizing power generation, the renewables boom could do to the power industry what the Internet did to the media: Put power in the hands of the little guy, and force power companies to rethink how they do business.
Still focused on climate change being «fraught with complexity and uncertainty,» Herkströter outlined Shell's plans for the future: «We will continue to find and produce oil and gas — efficiently and responsibly — to fuel the next 20 - 30 years of economic growth... We will provide more natural gas and develop our businesses in gas - fired power generation... We are moving fast in the area of renewables, with a new core business called Shell International Rrenewables, with a new core business called Shell International RenewablesRenewables.
The company will stake its future on renewables in a major restructuring, spinning off its conventional power generation business, in part as a response to the growth in distributed generation.
They added that subsidy - free renewables will have a negative impact on baseload power generation, such as natural gas and nuclear, but boost the business case for flexible assets, such as peaking plants, battery storage and demand response.
The report identifies future growth scenarios for energy storage that envisage between 6GWh and 50GWh being added to the system, with the EFR and FFR - driven «first wave» to be followed by subsequent waves when co-location with renewable generation and behind - the - meter business models become more viable in the early 2020s and then again in the mid-to-late 2020s, when more mature business models will lead to an expanded market.
Coal, which is in wide use for power generation in China, has always been cheaper than renewables, but the 40 - 60 percent decline in coal prices over the past few years hasn't dented growth in China's renewable energy business, he noted.
The NAMA will reduce GHG emissions through the replacement of fossil fuels with renewable energies and will provide the conditions for income generation and new business opportunities.
For RWE, Innogy became responsible for renewable generation, distribution networks and the retail business.
In this post, we discussed the potentially disruptive nature of renewable generation for the conventional generation business.
The authors found that RPS policies supported 200,000 jobs in renewable energy - related businesses, and saved consumers $ 1.2 bn in reduced electricity prices and somewhere between $ 1.3 bn and $ 3.7 bn in reduced natural gas prices, because renewable sources displaced natural gas generation.
RHTLaw Taylor Wessing's experienced, interdisciplinary Energy Practice advises clients in Singapore and ASEAN in the legal and business issues arising at each part of the energy market spectrum, including energy generation and distribution, and in various parts of the energy sector including upstream and downstream oil and gas, wholesale and retail markets, renewables, solar and green energy.
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Lead all phases of business and project development of traditional power generation and renewable energy projects.
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