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Shale oil surge poses threat to renewable energy, PwC warns

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altA worldwide expansion of relatively cheap shale oil could put investment in renewable energy and global emissions targets under threat, as well as posing other environmental risks.

The shale oil industry is still in its infancy, but has the potential to reach up to 12 per cent of global production, potentially pushing down oil prices by as much as $50 per barrel by 2035, according to a new report by consultancy firm PwC.

Last Updated on Friday, 15 February 2013 10:43

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Ethiopia looks to realise its geothermal energy potential

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altEthiopia, like its fellow Great Rift Valley countries, has enormous geothermal energy potential. However, the costs involved and the need for skilled expertise have, until now, been major obstacles.

In late January, the Development Bank of Ethiopia announced that, over the next five months, it will offer an initial $20m to kickstart geothermal energy projects in the country's private sector as part of a programme funded by the World Bank. A further $20m is expected to be made available at a later stage.

Last Updated on Thursday, 14 February 2013 14:02

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Solar Glass means buildings can generate clean power

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altA solar power company capable of "printing" colourful glass that can generate electricity from the sun's energy announced a £2m funding boost on Tuesday.

Oxford Photovoltaics, a spin-off from the University of Oxford, said the investment from clean-tech investors MTI Partners will help its solar glass, which can be dyed almost any colour, take a step closer to the commercial market.

Last Updated on Wednesday, 13 February 2013 09:52

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Energy target 'would be threatened by independence vote'

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altAlex Salmond could be forced to abandon his ambitious 100% green energy target if Scotland votes for independence, a team of academics has warned. The group of energy specialists from four universities across the UK argues that an independent Scotland would have to fund far more of the billions needed to subsidise renewable energy such as offshore windfarms and wave and tidal devices on its own, because it would lose significant financial support from consumers across the UK.

Last Updated on Tuesday, 12 February 2013 13:15

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English Heritage launches study into effect of bridges on floods

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altAncient stone bridges with water pouring over the parapets, their narrow arches choked by fallen trees and debris washed down swollen rivers, have been recurring images in reporting the myriad floods of the past sodden years – and the bridges have often been blamed for damming the rivers' flow and causing misery to nearby communities.

As torrential rains wash away the snows, causing more floods in many parts of the country, English Heritage is launching a pilot study to establish whether the 7,000 listed bridges in its care are the villains or the victims of flooding.

Last Updated on Thursday, 31 January 2013 10:00

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