According to a report provided from Global Data, a global business intelligence company, renewable energy installed capacity in the UK could grow almost at the same as the traditional thermal energy sector.
Government support and natural great potential make this forecast very positive. Global Data numbers indicate that the cumulative installed capacity of renewable energy plants will reach 79 thousand megawatts (MW) by 2025 nearly the 81 thousand (MW) predicted for thermal installed capacity for the same year.
The report also predicts a big improvement in UK’s carbon savings, from 608tons in 2011 to 8,003 by 2025.
Wind is expected to be the country’s major contributing renewable power source in the future, followed by solar power.
Retrieved September 18, 2012 from http://www.offshorewind.biz/2012/09/19/uk-renewable-energy-capacity-to-equal-thermal-by-2025/
Blackstone to Buy Vivint for $2B and Support Its Expansion in Solar and Beyond
Blackstone an asset management and financial services company will buy Vivint a growing home automation company that has been positioning itself very strong in the residential solar installations since a year ago.
The $2 billion deal reflects Blackstone’s vision that the retail service segment of the solar market is so much more attractive than the manufacturing sector, which has seen many factory closures and bankruptcies.
The transaction is planned to close at the end of the year and it will give Blackstone control over 50 percent of the company, reported the New York Times.
Distributed Generation Will Make Electric Grids More Secure, Expand Access
The dependence of electricity in our society has become a mayor subject particularly in critical areas such as a country’s economy, public health and security. Distributed power generation is pointing to be the solution of the increasing vulnerability to a power outage and lack of access to electricity especially in emerging areas.
Distributed generation allows electricity to be generated from many small, de-centralized sources, such as rooftop solar or a small solar farm, instead of the traditional way to produce electricity in large, centralized facilities, running on fossil fuels.
New technologies are emerging to support distributed power generation and integrate it into large electric grids. Some examples are: solar-powered thermal power plants designed specifically for off-grid applications, solar community cooking systems, solar-powered toilets and local wind generators.