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Solar Doubling, Gas Glut Drive Down German Power Prices: Energy Markets Sept 2010

Solar power may almost double in Germany this year just as a natural gas glut sends electricity prices to near five-month lows.Capacity at plants converting sunlight to electricity in Europe’s biggest energy market will rise to 18,000 megawatts from 9,786 megawatts, according to Bloomberg New Energy Finance forecasts. No other power source will grow as fast, increasing the glut that emerged after last year’s recession, UBS AG said.

German prices probably won’t gain this year even with power consumption forecast to rise 4 percent, according to Lie, 44, who has tracked electricity markets for 12 years at Nena. Per Lekander, UBS’s head of global utilities research, said in a Sept. 16 e-mail that profits at coal-fired plants, such as those run by E.ON AG and RWE AG, the country’s two biggest utilities, may drop by more than 50 percent to as low as 2 euros ($2.66) a megawatt hour in the next 12 months.

India government goes for LED usage -27Sept 2010

A Little “TLC” for Clean Energy -25Sept 2010

Toyoda Gosei, Epistar, and Twin Hill Concludes Joint Venture Agreement to Develop, Manufacture, and Market LEDs in Taiwan -24Sept 2010

Solar Doubling, Gas Glut Drive Down German Power Prices: Energy Markets Sept 2010

Native Americans: New Players in Renewables? Sept 2010

Neo-Neon through its own LED brand seize Taiwan and Chinese market Sept 2010



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