Posts tagged: coal

Coal Glut, Renewables Make EU Power Cheapest in Decade

By Jesper Starn, Bloomberg Record-low coal prices and increased wind and solar generation that pushed European power prices to their lowest in a decade may cause further declines in 2016. Average day-ahead electricity prices in Germany, Europe’s biggest market, fell 3.3 percent to 31.68 euros ($34.62) per MWh in 2015, the least since 2004 on the Epex […]

Germany’s green energy boom is leaving a ‘trail of blood’ on coal companies

BY: Sharif Sakr Since the beginning, the commercial growth of renewable energy has been a laborious, often painful matter of government pushes, tax incentives and campaigning for greater awareness. In Germany, however, the energy market is on the cusp of evolving to the next step: An era in which the sun and the wind replace […]

Renewable energy is America’s cheapest option, study finds

In a landscape marred by entrenched political and business interests that prefer the status quo, any prospect of shifting towards renewable energy sources can at times seem the purview of idealists. But, according to a new study that aims for a more holistic count of energy costs, a switch to renewables by the U.S. wouldn’t […]

Dominion Converts First of 3 Coal Plants to Biomass

Dominion Virginia Power’s Altavista power station is now running on renewable biomass as part of a previously announced plan to convert three of its coal-fired power plants in the state to burn mostly waste wood left from regional timbering operations as fuel, the energy provider said Monday. The subsidiary of Richmond-based Dominion Resources Inc. said […]

A Coal Museum Powered by Solar Panels

Wales’ National Coal Mining Museum located at Big Pit, Blaenavon, Nr Abergavenny in south Wales, now has 200 photovoltaic solar panels erected on the Big Pit museum’s roof with another 200 solar panels installed on the National Collection Centre in Nantgarw. The museum’s impetus for making the switch to solar? Cost, of course. The museum, […]