Environment-renewables
FirstEnergy and Allegheny announce $8.5bn merger
FirstEnergy and Allegheny Energy have announced an $8.5 billion stock-for-stock merger transaction that would create a diversified generation portfolio including 2,200 megawatts (MW) of renewables.
US President Barack Obama has announced a series of measures designed to boost biofuel production and reduce US dependence on foreign oil.
The Chicago Climate Futures Exchange (CCFE) has announced the successful completion of the first Massachusetts Renewable Energy Certificate (REC-MA) futures contract trade.
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How banks needs to consider their IT infrastructure
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More Environment-renewables articles
Obama calls for comprehensive energy bill
In last night’s State of the Union address, President Barack Obama said he was eager to advance a bipartisan energy and climate change bill in the US Senate.
Transmission holds US wind power back despite 2009 record
Wind power is now the joint leading source of new electricity generation in the US, tying with natural gas, due to record levels of new capacity last year, according to the American Wind Energy Association (AWEA).
Ofgem finalises funding for electricity networks in UK
UK energy regulator Ofgem has finalised funding the first tranche of projects, totalling £319 million, from a potential £1 billion package of extra investment in Britain's high-voltage networks. The funding proposals will enable new generation, much...
India boosts renewables market with REC scheme
India has followed many US states’ example with the introduction of Renewable Energy Certificates (RECs) this month.
China "could lead carbon market", says Sandor
China could become the world's largest market for environmental products, predicted Chicago Climate Exchange founder Richard Sandor today. At present, the carbon market is best-developed in Europe, where the highest volumes are traded in forwards rather...
Uncertainty over UK ROCs damages investor confidence
Recent changes to the allocation of Renewable Obligation Certificates by the UK DECC has left industry participants wary about their long-term value, finds Katie Holliday
UK government pledges £100 billion for offshore wind projects
UK prime minister Gordon Brown has announced a £100 billion (US$159 billion) government funding plan for the construction of nine offshore wind farms in Britain. The proposed wind farm projects are part of the Crown Estate's third round of offshore...
Using market and credit risk analytics to strengthen performance
How are banks improving their risk management techniques?
This handy guide reviews the various steps banks are taking to improve their risk management techniques, looking at the benefits and pitfalls of each one.
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Using market and credit risk analytics to strengthen performance
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How financial services need to consider their IT infrastructure
The global credit crisis exposed the weaknesses inherent in the risk management and IT infrastructures employed by banks.
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