\nDong Energy has issued a profit warning for 2012, forecasting\nfull-year EBITDA to go down by about 10% on last year.\n<\/p>\n
\nHowever, its wind energy division achieved sharp increases in profit\nand revenue during the first six months (H1) of the year. Further\ngrowth of Dong’s wind business is expected soon, thanks to new UK\nand Danish offshore capacity coming online during H2.\n<\/p>\n<\/blockquote>\n
\n\nA series of European Commission road maps envisage virtually\ncarbon-neutral power generation by the middle of the century.\n<\/p>\n
\nUnless carbon capture and storage can be developed on a commercial\nscale, that means gas as a fuel has a limited future and should not\nbe invested in too heavily, environmental campaigners say.\n<\/p>\n
\nThey are especially against shale gas, whose environmental\ncredentials are questioned in Europe.\n<\/p>\n
\n“We need natural gas as a transition fuel. However, we don’t need\nsuch a huge amount of gas and certainly not cheap gas, because that\nwould kick out not just coal, but also renewables,” Greenpeace\nrenewable energy director Sven Teske said.\n<\/p>\n<\/blockquote>\n
\nIt’s not clear even shale gas will actually have much effect on\nthe growth of solar, because solar has Moore’s Law going for it,\ncontinually reducing price per watt.\n<\/p>\n
\nPS: Owed to Michael G. Noll.\n<\/p>\n
\n-jsq\n<\/p>\n","protected":false},"excerpt":{"rendered":"Europe has no shale gas, so, unlike the U.S., natural gas will not be getting in the way of quickly moving to renewable wind and solar energy. Barbara Lewis and Henning Gloystein wrote for Reuters 23 August 2012, EU Green Energy Drive Says No To Shale Gas, Looks Towards More Renewable Power Sources, In the […]","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"_links_to":"","_links_to_target":""},"categories":[47,141,216,14,16,21,22,32,23,24,36],"tags":[8719,8745,8753,8704,8706,8701,8702,12,7,8711,8712,8715,8713,8714,6,8716],"class_list":["post-498","post","type-post","status-publish","format-standard","hentry","category-climate-change","category-co2","category-coal","category-economy","category-environment","category-planning","category-politics","category-pollution","category-renewable-energy","category-solar","category-wind","tag-climate-change","tag-co2","tag-coal","tag-economy","tag-environment","tag-georgia","tag-lake","tag-lowndes-area-knowledge-exchange","tag-lowndes-county","tag-planning","tag-politics","tag-pollution","tag-renewable-energy","tag-solar","tag-valdosta","tag-wind"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p585fK-82","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/498","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/comments?post=498"}],"version-history":[{"count":0,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/posts\/498\/revisions"}],"wp:attachment":[{"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/media?parent=498"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/categories?post=498"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.l-a-k-e.org\/blog\/wp-json\/wp\/v2\/tags?post=498"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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<\/a>\n“We see gas-to-power and wind energy as the ideal mix, together\ncomprising clean and stable energy. Wind energy as the clean energy\nsource, and gas-to-power as the balancing power,” Carsten Krogsgaard\nThomsen, DONG Energy’s acting CEO, said.\n<\/p>\n<\/blockquote>\n