Future Power Technology Magazine: Issue 65

6 August 2015 (Last Updated August 6th, 2015 05:46)

In this issue: Fossil fuels projects risk becoming stranded assets, UK energy policy shifts, potential impacts of a UK exit from the EU, molten salt reactor progress, China’s nuclear revolution, and more

Future Power Technology Magazine: Issue 65

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Future Power Technology Magazine: Issue 65 | August 2015

HSBC recently published a report stating that the risk of new fossil fuel projects becoming stranded assets is far bigger than we may think. We investigate the predictions and the potential implications on future investment in new coal, oil and gas fired plants.

The UK’s renewable energy industry faces challenging times ahead. We look into decisions by the new government to remove the exemption to the Climate Change Levy for renewable producers and to end subsidies for new onshore wind farms a year earlier than originally planned. Also in the UK, we find out what impacts an exit from the EU could have on the energy industry.

Moreover, we investigate Transatomic Power’s claim that its molten salt reactor can "save the world with nuclear power" and look into China’s rapid development of its nuclear industry. Plus, looking at the winners of the 2015 Ashden Awards, we find out how organisations are working with communities to bring about long-term change.

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In this issue

Grave Decisions
The UK’s Conservative government has removed the exemption to the Climate Change Levy for renewable producers at less than a month’s notice. Chris Lo looks into the decision and asks if the tax is still worthy of its name
Read the full article.

Count the Cost
GlobalData explains the impact of a premature end to subsidies for new onshore wind projects in the UK
Read the full article.

Effects of an Exit
Looking towards the upcoming EU referendum, Chris Lo asks what impacts the UK’s vote could have on the energy industry in the UK and Europe.
Read the full article.

Collaborating for Change
The Ashden Awards are evidence that collaboration at every level – between organisations and the communities they work in, and among organisations both big and small – can have long-term positive impacts for all involved. Heidi Vella-Starr looks at the projects honoured at the 2015 awards.
Read the full article.

Revived by China?
Following approval to construct China’s first indigenous nuclear reactor and Premier Li Keqiang’s declaration that Chinese nuclear equipment makers should start entering international markets, Heidi Vella-Starr asks if the country will be able to revive the industry.
Read the full article.

Challenging Conventions
Start-up Transatomic Power is working to commercialize a molten salt reactor. Adam Leach asks; does it hold the world-changing potential that its designer believes it does?
Read the full article.

Stranded: What’s Next?
HSBC has raised concerns that investments into fossil fuel plants may become stranded assets, essentially losing their value or turning into liabilities before the end of their economic life. Adam Leach investigates the potential implications for new projects.
Read the full article.

Next issue preview

With Pakistan planning to expand its feet of nuclear power plants, will the country turn to the East or the West to develop its reactor technology? We explore Pakistan’s options in the next issue. We also ask how the UK Government will respond to Britain’s energy independency being at risk once again as oil production in the North Sea slows down.

Moreover, we look into China’s clean energy revolution, find out how small-scale hydro projects in the UK can flourish in the face of overly bureaucratic regulation, learn how a new coating could reduce the noise of wind turbine blades, and report on the rise of green bonds in renewable project financing.

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