Analysis Of The Uk Renewable Energy Industry Environmental Sciences Essay

Analysis Of The Uk Renewable Energy Industry Environmental Sciences Essay Renewable energy is the energy generated from natural resources such as biomass, sunlight, wind, rain, tides, and geothermal heat, which are renewable, that is, naturally replenished(Wikipedia, 2010). Renewable energy technologies are essential contributors to energy supply portfolio, as they contribute to world energy security, reduce dependency on fossil fuels, and provide opportunities for mitigating greenhouse gases (IEA, 2007). Renewable energy is also considered by some to be a potentially significant contributor toward the economic development of rural areas, a means of reducing poverty through the creation of employment and improving the quality of lives (Mark et al, 2008). Renewable energy sources were very unpopular in the past decades because of their comparative cost disadvantage. With the exception of large hydropower, combustible biomass, and larger geothermal projects, the average cost of renewable energy are generally not competitive with the wholesale electricity an d fossil fuel prices(IEA, 2007). However, this decade has witnessed a tremendous development in renewable energy sector. The rising oil prices, issue of global warming , carbon gas emission, terrorism and political instability in many oil producing countries in the middle east are the major forces driving this development. The International Energy Agency estimates that nearly 50% of global electricity supplies will need to come from renewable energy sources in order to reduce carbon dioxide emission by 50% by 2050 and minimise significant, irreversible climate change impacts (IEA, 2008). During the five- years period from the end of 2004 -2009, worldwide renewable energy grew at the rates of 10-60% for many technologies (REN21, 2010). In 2008 for the first time, more renewable energy than convectional power capacity was added in both European Union and United States, demonstrating â€Å"a fundamental transition† of the world’s energy markets towards renewable (Eric et al, 2009). Renewable energy sector is growing at a very amazing rate in UK. Between 2003 and 2009 there was 138 per cent increase in power generation from renewables in the UK, but faster rates of growth were recorded in Northern Ireland (702 per cent), East Midlands (268 per cent), North East (211 per cent), Scotland (188 per cent), South East (146 per cent) and Yorkshire and the Humber (139 per cent) (DECC, 2010). Higher growth rate is expected in the next decade. This can be inferred from the fact that power generation from the UK’s oil and gas and nuclear reactors have been on a long-term downward trend and tend towards the end of their life span (Keynote, 2008). As a result, UK government has devised a comprehensive approach to support the development of the renewable energy sector through the UK renewable energy strategy 2009. Renewable energy in UK is supported through a range of measures. The renewable obligation Order requires electricity suppliers to purchase a spec ified amount of the electricity they supply from renewable sources (Keynote, 2010). Renewable Obligation Certificates (ROCs) are obtained to demonstrate that renewable sources have been used. The climate change levy is a fossil-fuel tax from which exemptions can be obtained by using certain renewable technologies. Capital grants are available for research and development for a wide range of renewable energy projects. Grants are also available for the cultivation of energy crops. Obviously, these are good incentives to stimulate investments in renewable energy. However, investors need assurance that these incentives and subsidies will be available over a larger part of the product life cycle and not just trap-in-incentives. This will enable renewable energy companies to build a more stable and viable strategic plan to take best advantage of the incentives.

Recommendation report for Airbus Essay Example | Topics and Well Written Essays - 3500 words

Recommendation report for Airbus - Essay Example As the essay stresses one of the important aspects that Airbus has to consider in framing its policy over the next five years is contract management, because thus far, it has not been able to effectively manage them. A part of the problems Airbus is facing now have to do with a botched French deal that went wrong. EADS, the parent company of Airbus came into being through the disposition of 37.9% of Airbus shares that were owned by a French public sector enterprise, Aerospatiale, to a private investor, Noel Forgeard. While the deal was originally intended to provide Airbus with a long term, French private sector shareholder to aid the process of privatisation, it has proved to be a botched up job that has aided the downfall of Airbus. From this research it is clear the problems arose when Forgeard sold his shares to Daimler in Germany, thereby disturbing the equity stake and ownership percentages of the French Government, acquired through disposition of its ownership in Aerospatiale. Furthermore, the original intent behind the formulation of EDAS was to provide strong European competition for the American giant Boeing, but fluctuations in exchange rates have not proved favourable to the Company’s sales in the market. It appears likely that some of these problems could have been addressed if the contracts had included certain provisions; for example stipulating that ownership of Forgeard’s shares were to remain within France.

Response to an article od the new york time Essay

Response to an article od the new york time - Essay Example Having observed in my own community, the variety in the said parental stimulation that occurs from family-to-family has produced diverse results in the cognitive, social, as well as in the emotional development of the children. Parents who gave an enthusiastic interaction—through singing, conversations and acknowledgement of ‘BA BA BAs,’ resulted to more advanced child development; while children who lack parental stimulation and interaction, and had no choice but to learn words on their own, tend to have slow progress. Furthermore, problems in the home, as well as in the child’s hearing, oral motor and understanding, as pointed out by Dr. Klass, were truly linked with, and revealed by, the child response to interaction, which, in the case of babies, babbling. It is in this premise that, I concur with what was presented in the article, â€Å"Understanding ‘Ba Ba Ba’ as a Key to Development,† and trust in its impact in the child’s development. Reference: Klass, P. â€Å"Understanding ‘Ba Ba Ba’ as a Key to Development.† The New York Times. 11 October 2010. 27 May 2011.