renewable energy

How does Renewable Energy Affect Coal Futures Growth? Interview with Dan Gramza

By 2030 Europe is aiming to have 27% of energy market in renewable energy. On June 26 New York State was the 4th State in USA to commit to 50% use of renewables by 2030. Not to mention rapid growth of the Australian and Asian markets. Picking Alpha has asked Dan Gramza to comment on the relationship between Renewable Energy and Coal Markets.

Q.: On what parts of Renewable Energy value chain do we have fully developed future markets?

D.G.: At the present time, we do not have Renewable Energy futures markets.

Continue reading

Swiss voters to ban on new nuclear plants

On Sunday Swiss voted on whether to support the federal government’s plan to overhaul Switzerland’s energy system. The plan was accepted by 58.2% of voters with only four of the country’s 26 cantons voting "no".

The Swiss initiative mirrors efforts elsewhere in Europe to reduce dependence on nuclear power, partly sparked by Japan’s Fukushima disaster in 2011.
Following its approval, the new law is expected to come into force in early 2018. According to the Swiss government website, it is aimed at reducing energy consumption, increasing energy efficiency and promoting renewable energies such as water, solar, wind and geothermal power, as well as biomass fuels.

Continue reading