February 21 Energy News

February 21, 2013

Economics:

¶   Smart big money investors finally see green in the green sector and are putting their money where their mouth is. [Huffington Post]

World:

¶   Sixty percent of Japan’s large thermal power plants stand  in areas at risk of a major earthquake, according to a study by Asahi Shimbun. [Asahi Shimbun]

¶   The German Environment Minister Peter Altmaier says he is seeking a consensus for the plans include cuts in subsidies for renewables projects and reduced support for energy-intensive companies to make the switch to renewables affordable, not to reduce them. [Businessweek]

¶   The subsidies for nuclear plants to be built in the UK could be as much as £250 billion over 40 years, under plans to set a ‘strike price’ for nuclear power. [Carbon Brief]
… RWE, one of the UK’s big six power suppliers, has warned ministers not to seal a long-term subsidy deal with the nuclear industry behind the backs of consumers and saddle them with “unnecessarily high bills” for the next 40 years. [The Guardian]

US:

¶   The US DOE’s National Renewable Energy Laboratory has launched a new tool to help communities assess their readiness for electric vehicles. [Phys.Org]

¶   Senate Energy Committee chairman Wyden says that any Energy secretary nominee must agree to clean up high-level nuclear waste at a Washington facility to get his support. [The Hill]

¶   The State of Vermont is launching a new program to make low-interest loans available to businesses for renewable energy and efficiency projects. [Boston.com]

¶   Officials at Vermont Yankee say the plant will go ahead with refueling this spring, ending speculation that it will close this year. [BurlingtonFreePress.com]

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