Posts Tagged ‘alternative energy’
The “new reality” facing electricity consumers and their utility companies is that renewable energy is meeting an increasingly larger share of U.S. energy needs, according to a report from Ceres and Clean Edge.
That translates into more and better choices and a clean energy future.
“Renewables—including wind, solar, biomass, geothermal, waste heat and small-scale hydroelectric—accounted for a whopping 49 percent of new U.S. electric generating capacity in 2012, with new wind development outpacing even natural gas,” writes Jon Wellinghoff, partner at Stoel Rives LLP and former chairman of the Federal Energy Regulatory Commission in the report.
Benchmarking Utility Clean Energy Deployment: 2014, is the first annual report from Ceres in partnership with Clean Edge on this subject. It ranks the nation’s 32 largest electric utilities and their local subsidiaries on their renewable energy sales and energy efficiency savings. Read the rest of this entry »
The nation’s first offshore wind farm on the Pacific Coast cleared a crucial federal hurdle when Seattle’s Principle Power received approval to move forward on a commercial lease for the proposed $200 million, 30 Mw project.
Principle Power received the go-ahead last month from a Department of the Interior agency to lease 15 square miles of federal waters 18 miles from Coos Bay, Oregon. If the lease request gets final approval, the WindFloat Pacific project would anchor the first offshore turbines in federal waters on the West Coast. It also would be the first in the nation to use triangular floating platforms instead of single piles driven into the ocean floor. Read the rest of this entry »
Solar is very hot at the moment. A list of cleantech stock picks for 2014 has First Solar (a solar manufacturer) and SolarCity (a solar installer) at Nos. 1 and 2, respectively, and further down the list are a solar holding company, Renewable Energy Trade Board, and a solar equipment company, Meyer Burger.
There are many reports, including one on another site that I write for on occasion TriplePundit, that the solar market is heading for a “second gold rush” this year; there’s little to dispute the fact that solar is definitely an in thing, especially for investors. Read the rest of this entry »
Thanks in large part to the support the Chinese government has offered to manufacturing, cheap solar panels flooded the global market causing a great deal of damage to renewable energy businesses. The damage was fueled by subsidies from the Chinese government that allowed manufacturers to sell solar panels for less than actual cost, thus allowing these manufacturers to dominate the market and put many foreign developers out of business. Read the rest of this entry »
When it comes to renewable energy and efficiency, a double-dip in the dish is a great deal.
The latest in solar dish technology that does what solar installations do—converts sunlight into power—but with an added twist: it generates clean water.
The efficiency of the typical solar installation ranges from 10 to 20 percent, with the rest waste heat. Swiss researchers associated with IBM have developed the High Concentration PhotoVoltaic Thermal system (HCPVT), which uses that waste solar heat to generate fresh water.
It’s reminiscent of the ancient craft of turning lead into gold. But it’s not alchemy, it’s real. Read the rest of this entry »
And renewables? Fuhgetaboudit! A clean energy economy is the sort of idea that’s impossible to find in Mitt Romney’s approach to energy policy, contained in his 87-page platform document, “Believe in America: Mitt Romney’s Plan for Jobs and Economic Growth.”
Romney’s energy program is so bereft of new ideas and so cynically beholding to Big Oil and King Coal that it’s almost breathtaking: basically, whatever the fossil fuel industry wants, Romney is there.
One of the bills he says he’ll introduce on “day one” of his presidency will direct the Department of Interior “to undertake a comprehensive survey of American energy reserves in partnership with exploration companies and initiate leasing in all areas currently approved for exploration.”
There it is—Romney the handmaiden and toady for Big Oil and King Coal on energy policy. Exactly what the economy and the environment needs. Read the rest of this entry »
Reports of the solar industry’s pending demise have been greatly exaggerated, at least according to research by McKinsey.
According to the consultancy, the solar-power industry is merely suffering from “growing pains.” The article, “Solar power: Darkest before dawn,” dispels the notion that the industry has “lapsed into a classic cycle of boom and bust after a decade of unprecedented growth” even though that might appear to be what’s happening. Read the rest of this entry »