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Environmental 2007 P5



UK carbon capture competition needs government backing: Centrica
Firms bidding in the UK to build the world's first carbon capture and sequestration (CCS) power plants have told the UK government that they need funding of at least £300m ($604m) to build each one.

Kuwait to export electricity from solar power by 2050 - studies
Kuwait, a top world oil producer and exporter, is expected to be one of the world's exporters of electricity generated from solar power by 2050, a professor at the Kuwait Institute for Scientific Research (KISR) has said.

AEP to support largest agricultural carbon offset program in U.S.
American Electric Power announced an agreement with an affiliate of Environmental Credit Corp. (ECC) to purchase approximately 4.6 million carbon credits between 2010 and 2017 generated from capturing methane on livestock farms.

FP&L considers Florida wind farm
Just days after Florida regulators rejected a coal plant proposed for Glades County, Florida Power & Light Co. said it plans to build a wind power project near the coastline in St. Lucie County.

Nord Pool launches global carbon contract trading
Nord Pool, the Nordic power exchange, has a launched a standardized certified emission reduction contract, with the first trade between the energy trading arm of Dutch utility Essent and Norwegian oil and gas company Statoil.

Airtricity opens 124 MW Forest Creek Wind Farm in West Texas
Airtricity North America has officially opened its 124 MW wind farm at Forest Creek, West Texas.

Austria allocates €500m for 2007-2010 climate fund
The environmental committee of the Austrian government has approved a €500m ($674m) climate fund for 2007-2010 to support research and development of green technologies and projects, the Austrian environment ministry said.

Endesa programme set to clean up Iberian coal plants
Spanish utility Endesa has embarked on an initiative to modernise the steam turbines in use at its coal-fired plants located within the Iberian Peninsula.

Europe should auction 100 per cent of emissions allowances, says Fortum
The European Union should ultimately auction 100 per cent of emission allowances, to help create a more equitable system, Timo Karttinen, Fortum senior vice president for corporate development, has said.

UK and Germany have Europe's dirtiest power stations, WWF reports
Environmental group WWF has revealed that the least environmentally sound power stations are in the UK and Germany, which each account for ten of the 30 worst plants.

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