Tidal Power Plant Will Generate Renewable Energy for 175,000 Homes [Video]

Tidal Power Plant Will Generate Renewable Energy for 175,000 Homes [Video]

In an effort to create enough electricity to power 175,000 homes, the Energy Technologies Institute of the United Kingdom (UK) has awarded a £7.5 million ($12.4 million) contract to a private firm to create a renewable energy “multi-turbine foundation structure” in a tidal stream in northern Scotland. Known as MeyGen, the project will be built […]

Renewable Energy Has Little Effect on Grid but Hurricanes?

Renewable Energy Has Little Effect on Grid but Hurricanes?

It can’t be denied that, for most, February was a brutal month weather-wise. However, some good news did come out of it. Two studies released last month bode well for the future of renewable energy. A study conducted by PJM Interconnection—the company that operates the nation’s electric grid from much of the east coast to […]

New Zealand Power Company axes 100 jobs to save $40M

New Zealand's biggest listed electricity company has just reached the end of a $2 billion spending programme on new power stations

New Zealand Power Company axes 100 jobs to save $40M

The power plant at Contact Energy’s Otahuhu Power Station Photo/ Greg Bowker  Contact Energy, which is owned by Origin Energy in Australia, says electricity demand remains weak, and shows few prospects of growth. Electricity Authority statistics show that two-year contracts for wholesale power, are down 26 per cent on current prices. CEO, Dennis Barnes is […]