BIG ENERGY PROFITS FROM NORFOLK’S OFFSHORE EFFORTS

by Joe Burns

27 km north of Blakeney Point in Norfolk there’s a wind farm called Race Bank. The project has been in development for over a decade and has just started producing electricity. After the first of 91 turbines were installed, the farm began to successfully generate electricity and will be able to support the electricity needs for almost half a million homes once all 91 turbines are finished and operating.

This is great news. Why exactly? Well the project will result in over 830,000 tonnes of annual CO2 savings and will operate for 25 years. Plus it’s good to see another addition to the UK’s already successful and world leading wind farms, and there are plans for more. It’s also encouraging to see major international energy companies fight for the biggest wind turbines possible, as when they are far out at sea, campaign groups can’t really complain about their views being ruined.Continue Reading

RENEWABLE ENERGY AND THE REAL PRICE OF OIL

by Gunnar Eigener

The realisation that renewable energy is going to be essential for the future is being embraced by more and more countries. With their geothermal and hydropower, Iceland’s electricity supply is 100% renewable energy. Thanks to it’s water projects, the African country of Lesotho has almost 100% renewable electricity. Albania runs on 85% renewable while Paraguay’s Itaipu dam provides 90% of its electricity and 19% of Brazils. By July 2015 Denmark had already produced 116% of its electricity needs and went on to sell its excess over the rest of the year. Infrastructure is being prepared to transform the way countries generate their power and investment is increasing. Renewable energy is becoming more and more accepted. San Jose in Costa Rica and Vancouver in Canada are just a few of the many cities committed to transitioning to 100% renewable energy over the coming decades.

Yet with so much promise for the future, how is it that oil continues to present such a complex issue?Continue Reading