RWE , Germany’s No.2 utility, will be cutting some 2,500 jobs in its power generating business in Germany over the next few years, a source familiar with the plans said on Wednesday. In a bid to cope with tepid energy demand in Europe as well as loss-making power plants, RWE would also cut jobs in … Continue reading
Germany’s biggest power producer is looking to rationalise the workforce at its power unit and may shed as many as 3,400 employees Continue reading
Slashing energy consumption by a quarter over the next decade or so could create 25,000 new jobs, concludes a report by a coalition of environmentalists and unions Continue reading
Oil and gas firms could create up to 34,000 jobs over the next two year, according to a study from Lloyds Banking Group. The bank said 77% of companies in the sector it surveyed were planning for growth in 2013-14. Most firms (86%) saw expansion coming from organic growth rather than from mergers and acquisition. … Continue reading
Texas has gained more than 576,000 jobs from the ongoing U.S. oil and natural gas boom, far more than any other state, the IHS CERA analysis group reported Wednesday. The estimate includes both direct hires by oil and gas companies and other jobs in manufacturing and services that contribute to the boom or benefit from … Continue reading
The second edition of India Energy [R]evolution in 2012 provides a practical pathway for India to secure its energy particularly electricity supply to achieve its long-term ambitious economic growth along with providing access to modern electricity technology to a 300 million population who are still waiting to see light in their homes while remaining low … Continue reading
U.S. energy supplies have been transformed in less than a decade, driven by advances in technology, and the economic implications are only beginning to be understood. U.S. natural gas production will expand to a record this year and oil output swelled in July to its highest point since 1999. Citigroup Inc. (C) estimated in a … Continue reading
This graphic, put together by the wind industry, illustrates how an expiration of the production tax credit may impact employment in the U.S. Notice the spike in activity before the drop-off. That’s due to the rush of development we’re seeing currently in the lead up to the lapse of the credit… via This Is … Continue reading
Ontario Power Generation is shedding 1,000 jobs across the province as it prepares for a coal-free future. OPG spokesperson Ted Gruetzner said Wednesday that the move away from coal generation and toward alternative and gas energy sources will reduce the amount of electricity the organization produces, currently about 60% of the province’s supply. The company … Continue reading
http://www.youtube.com/watch?v=cM7UPZZ0BA4 via Schott Solar announces layoffs – YouTube.
8,600 jobs were provided by the onshore wind industry in 2011, with £548 million added to the UK economy, according to a joint study published today by RenewableUK and the Department for Energy and Climate Change (DECC). The report takes 18 case studies of wind farms of varying sizes across the UK ranging from 0.5MW … Continue reading
LDK Solar Co. (LDK), the world’s second- largest maker of wafers for cells, cut 5,554 jobs this year after plunging prices cut margins to a record low amid a renewable-energy shakeout that’s pushed at least eight solar companies into bankruptcy and prompted thousands of industry firings. LDK, which reported the lowest margins among its publicly … Continue reading
Remember the bumper sticker from the ‘80s, “Please God, let there be another oil boom. I promise not to piss it all away the next time.” That, of course, was two booms ago. Now we are on the cusp, the very beginning of the third. We seem to be getting smarter at this, but not … Continue reading
Huff Post – That the goal of the Chinese is to dominate the global solar and renewable energy industry is clear. A report released in February by the Senate Finance Committee’s Subcommittee on Trade titled “Losing the Environmental Goods Economy to China” provides ample evidence. According to the Subcommittee’s report: • The U.S. trade deficit in … Continue reading
The burgeoning energy boom in eastern Ohio will create or support 65,680 jobs by 2014 while boosting the state’s economy, according to a study released this morning. The study by the Ohio Shale Coalition is at least the third to look at the potential development of the oil and natural gas Utica shale. Other recent … Continue reading