Brazilian wind energy is really cheap

Brazilian flagSo cheap that it is disrupting the Brazilian energy market as Cleantechnica reported : ” Wind farms have won 55% of contracts awarded by Brazil’s national energy agency (…) and wind power now costs about 4.5 cents/kWh in the country. “

This is really really cheap as generally wholesale prices in Europe are three to five times higher. Cleantechnica has a very nice article on how renewables are becoming cheaper and cheaper as the prices of fossil fuels increase.

Grid parity – ie. renewables as cheap or cheaper than coal or gas – is slowly but surely arriving all around the world as I wrote in the past few weeks here.

Read more

Half of electricity at UK businesses is wasted

This is so mindbogglingly big that I had to write about it. To Cleantechies : ” A UK report says that nearly half of the electricity consumed by British businesses is wasted when employees are not at work.”

” In an analysis of more than 6,000 smart meters, British Gas found that 46 percent of electricity use occurs from 6 p.m. to 8 a.m., when most businesses are typically closed.”

” Common examples of unnecessary electricity use include the lighting of parking areas during weekends, keeping the lights on at retail stores even after shopping centers are closed. “

Read more

Why it’s time to increase electricity prices

One of the main facts of the latest World Energy Outlook is that energy efficiency is the largest contributor in reducing the emissions of greenhouse gases , accounting for over half of total abatement by 2030.”

This means that it has more impact than renewable energies, nuclear power and clean coal combined. But energy is too cheap to be conserved and this even if people may drive less because of high oil prices and the economic recession.

However electricity consumption is not decreasing that much as it is still frightfully cheap : around 10 euro cents per kWh in France and slightly more in the European Union.

Read more

Oil prices went up by 78 percent in 2009

During the financial crisis in late 2008, oil prices went down from $147 to $33 in just a few months. However, oil prices soon went up as they increased by 78 percent last year. This is the largest yearly increase in a decade. There are more and more concerns that either peak oil already occurred or … Read more

%d bloggers like this: