Renewable Energy News
European Union governments and companies would do better increasing production of renewables than counting on a natural-gas pipeline from Russia to ensure energy security, former NATO Secretary General Anders Fogh Rasmussen.
At least five states will press ahead with efforts to curb emissions from power plants even after the U.S. Supreme Court issued a stay on President Barack Obama’s key climate change program. Colorado, New York, California, Virginia and Washington said they’ll move ahead irrespective of the decision by the nation’s highest court to temporarily block the Clean Power Plan on Tuesday.
On February 2, Senator Susan Collins (R-ME) offered an amendment (S.A. 3140) to the Energy Policy Modernization Act (S. 2012) that would seek to harmonize the administration’s approach on biomass. If passed, the measure would provide significant clarity to states on the inclusion of biomass as they craft state compliance plans under the Clean Power Plan. Biomass feedstocks, such as wood and agricultural wastes, could be used to produce electricity, co-fired with coal, or utilized in applications such as combined heat and power (CHP) or small-scale district heating applications.
As renewables are moving from niche to mainstream, the industry is facing a paradigm shift in cost, quality, complexity, and scale Â— creating opportunities to develop new and different technologies and operating models. Achieving the next phase of the industry potential will require a further revolution, not only in the laboratory but also in strategy, technology, and operations. Some of these organizations preferred to generate transportation fuel from non-fossil resources with a pivot towards more tangible chemicals. With a further pivot now the direction is towards renewable jet fuels.
By many accounts, the spread of solar power is unstoppable. Costs continue to fall at a blistering pace, solutions to give consumers a solar-powered home without needing to connect to the grid for back-up power are emerging, and even the U.S. Supreme Court has weighed in, with a recent ruling that is favorable for the solar energy market.
The growing pains of a rapidly transforming energy industry were prominent throughout 2015. While the macro trend toward growth in renewable energy is increasingly clear, major energy companies are evaluating, if not outright struggling with, the most effective strategies to navigate in a changing landscape.
Where will the industry stumble and where will it thrive? We asked executives at major renewable energy companies to talk to us about their worries, fears and concerns as we head into 2016.
Solar PV systems in Italy in 2015 generated 24,676 GWh of electricity, covering 7.8 percent of the country’s electricity mix, according to Terna, Italy's electricity transmission grid operator. That total is significantly higher than the previous year, when PV systems in Italy had generated 21,838 GWh of electricity or 7 percent of Italy’s electricity mix. So, in clear GWh numbers, Italy’s electricity generation from PV in 2015 increased by 13 percent compared to 2014.
Dong Energy A/S, the world’s largest offshore-wind developer, agreed to acquire a lease for a site off the coast of New Jersey with more than 1,000 MW of potential capacity, marking the company’s second push into U.S. waters.
Senegal plans to build as much as 200 MW of solar power, with at least half of that up and running within two years, after joining an International Finance Corp. (IFC) program designed to promote wider use of clean energy in sub-Saharan Africa.
In Germany and Portugal, a new drop-in biofuels process has emerged which is cost competitive with $30 oil, according to the inventors. The process breaks even with crude oil, on an 10-year amortized basis for capex, at roughly $20.30 per barrel of crude oil (assuming refining costs of $8.66 per barrel).
Last year was a record year for renewable energy finance. According to Bloomberg New Energy Finance, investment in clean energy increased in China, Africa, the U.S., Latin America and India, driving the world total to its highest ever figure of $329.3B, up 4 percent from 2014 and beating the previous record set in 2011 by 3 percent. However, 2016 should give it a run for its money, so to speak.
The role of technology to shape our lives and the way we do business was on speakers' minds at the DistribuTECH 2016 Conference & Exhibition Keynote Session Tuesday at the Orange County Convention Center.
Abu Dhabi Fund for Development (ADFD) said it has signed a $15 million loan agreement with Saint Vincent and the Grenadines to set up a geothermal power station in the island country.
On February 9 at DistribuTECH, Schneider Electric announced that is building a 400-kW solar plus storage microgrid at its Boston One campus in Massachusetts. The system will be able to store up to 1-MWh of electricity and will be able to “island” so as to potentially provide emergency shelter in the event of a long duration outage.
SolarCity Corp. is preparing to securitize a portfolio of more than 5,600 U.S. residential rooftop solar systems.
Working with partners around the world, researchers at the U.S. Department of Energy's National Renewable Energy Laboratory have completed five years of work toward helping establish an international quality standard for manufacturing solar PV modules.
The U.S. Supreme Court blocked a new federal regulation that would cut emissions from power plants, putting a hold on President Barack Obama’s most ambitious effort to combat climate change.
Ormat Technologies on Feb 4 said that it has reached commercial operation of Plant 4 in the Olkaria III complex in Kenya, increasing the complex total generating capacity by 29 MW to 139 MW.
Xcel Energy recently said it plans to call for $6 billion in wind and solar energy investment as part of what it says will be Minnesota’s most cost-effective way to comply with the Clean Power Plan, the nation’s first ever carbon emission reduction rule for existing power plants.