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Renewable Energy News

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Utilities, ISOs Reflect on Transmission in Light of EPA’s Clean Power Plan

Mon, 06/09/2014 - 09:06

On what effect the U.S. Environmental Protection Agency’s (EPA) Clean Power Plan will have on transmission development in the country, including potentially a need for more transmission to transport added renewable energy, Frank Poirot, senior media specialist of transmission with Northeast Utilities (NYSE:NU) told TransmissionHub that increasing the grid's capacity to transmit power is one way to meet the growing need and enable renewable generation.

New Program Solves the Stranded Solar Meter Problem for California Farms

Mon, 06/09/2014 - 08:42

SB 594, a law that went into effect in PG&E utility territory February 2014, now allows property owners to aggregate the electricity load of multiple utility meters scattered throughout a single parcel or multiple continuous parcels and credit the bills with a single “Net Metered” installation.  This new program is called ‘Net Meter Aggregation’ an

Ten Clean Energy Stocks for 2014: June Update

Mon, 06/09/2014 - 07:23

While the major market indexes were hitting new highs in May, small capitalization stocks and clean energy stocks (most of which are small cap) continued to lag. The broad market benchmark IWM gained just 0.2 percent and is down 2.3 percent for the year, while my clean energy benchmark PBW fell 3.2 percent cutting its gains for the year to a slim 1.2 percent.

Landmark Legislation Could Put Geothermal Back on Track for California

Mon, 06/09/2014 - 07:15

The California Assembly is up next to consider a 500-megawatt (MW)-by-2024 geothermal procurement bill. This follows the May 28 passage of S.B. 1139 by the state Senate in a 21-11 vote. Electricity procured under this new geothermal bill would be separate from RPS-counted electricity. Industry, utilities, government agencies, and environmentalists say this bill is an answer that solves many time-sensitive problems at once. Some opponents, as stated in the May 28 Senate floor analysis, asked whether a mandate for geothermal in the case of this bill is fair and cost-effective. But geothermal companies working in California find fairness to be something they have been lacking and see this bill as a potential way to get geothermal valued properly.

EU Will be Forced To Curtail Renewable Energy Generation this Summer

Fri, 06/06/2014 - 06:01

Europe’s drive toward a power system based on renewable energy has gone so far that output will probably need to be cut within months because of oversupply.

Financing Europe’s Climate Goals

Fri, 06/06/2014 - 05:34

On 9 April the European Commission adopted its new rules on State Aid in the energy sector. The measure is crucial for the future development of renewables, which for the time being at least are still almost wholly reliant on state hand outs in some form or other to secure private investment.

Old Reactors v. New Renewables: The First Nuclear War of the 21st Century

Fri, 06/06/2014 - 03:39

Within the past year, a bevy of independent, financial analysts (Lazard, Citi, Credit Suisse, McKinsey and Company, Sanford Bernstein, Morningstar) have heralded an economic revolution in the electricity sector. A quarter of a century of technological progress has led to the conclusion that over the course of the next decade a combination of efficiency, renewables and gas will meet the need for new resources and more importantly, render the antiquated baseload model largely obsolete.

What I Learned About Solar While Biking Through Tuscany

Fri, 06/06/2014 - 02:00

Even on vacation, I’m always thinking about solar and how it’s growing in the world…or not. So, it should be no surprise that as I biked through a small part of the Tuscany region of Italy last week, I got off my bike to take pictures of the solar installations that I saw, and I also learned about why Tuscany doesn’t have even more solar. As I bike

Nuclear Giant Exelon Blasts Wind Energy

Thu, 06/05/2014 - 12:28

Corporate executives often tout the benefits of competition in a free-market economic system, but it's striking just how much large corporations don't like it. In fact, some companies will do all they can to squash it, lobbying for favors and subsidies while working to deny them to their competitors.

Energy Efficiency Innovation Gets Boost Under the EPA’s Proposed Clean Power Plan

Thu, 06/05/2014 - 09:51

The recent release of the proposed Clean Power Plan under EPA section 111(d) underscores the role of energy efficiency as our nation’s least-cost resource. Demand-side management rightfully earns its place as a critical part of a system-wide approach to reduce emissions 30 percent by 2030. McKinsey estimates the opportunity to eliminate more than $

The Tale of Parallel Industries: Energy Storage Should Prepare to Face the Same Trials as Solar

Thu, 06/05/2014 - 09:31

The atmosphere was electric at the 2014 Energy Storage Association Conference keynote in Washington D.C. last night. Attendees were eager to explore the burgeoning storage industry that has gained significant momentum in the past year. The conference itself has grown more than six-fold from its nascent beginnings. Today "more than $1 billion [will be] placed into contracts over the next 18 months,” noted EnerVault co-founder Craig Horne during the opening introductions.

European Energy Debate Centers Around Energy “Consumers” not “Rate-payers”

Thu, 06/05/2014 - 06:35

Day 2 of the POWER-GEN Europe conference and exhibition, and its co-located show, Renewable Energy World Europe, hosted a joint plenary panel discussion exploring the theme of this year’s event “Navigating the power transition” in detail. Comprised of industry experts from around the world, the panel debated the importance of adaptation for the industry, the role that national and European governments should play in guiding the market, and the role of technology as being a catalyst for change.

Making Life-Cycle Analysis Matter to the Global Solar PV Supply Chain

Thu, 06/05/2014 - 06:06

A new report seeks to bring lifecycle analysis into the equation when calculating the economics of solar PV supply and demand. Now it's up to policymakers and advocates to decide whether this helps inform and resolve, or just fan the flames, of the ongoing trade wars.

The Wide Appeal of Batteries for the Renewable Energy Market

Thu, 06/05/2014 - 04:30

Battery technology has come a long way since the days when your granddad had to periodically peak under the hood to add water to his lead-acid battery.

Solar Trade Decision Represents Threat To Industry

Wed, 06/04/2014 - 07:12

The news could not have been any worse. In a deeply troubling decision, the U.S. Department of Commerce today imposed new tariffs on solar modules from China that threaten to derail the rapid growth of the U.S. solar industry. Commerce will immediately impose countervailing duty tariffs ranging from 18.56 to 35.21 percent. Equally troubling, Commer

Solar Crowdfunding Promises Growth but Requires Careful Management

Wed, 06/04/2014 - 07:11

Crowdfunding solar power allows companies to diversify and expand their capital sources but requires careful risk management, according to a panel called "Crowdfunding for Renewable Energy Projects: How Big Could It Be?" at the Bloomberg New Energy Finance Future of Energy Summit on April 8.

More Tariffs for Chinese Solar Panel Manufacturers

Wed, 06/04/2014 - 07:09

Yesterday the U.S. Department of Commerce announced that it would impose preliminary countervailing duties (CVD) on Chinese-manufactured solar modules in an effort to close the loophole that was created when it imposed initial tariffs on Chinese-manufactured solar cells back in 2012.

Can Geothermal Energy Save California’s Salton Sea?

Wed, 06/04/2014 - 06:08

Back in the 1950’s, the Salton Sea in Imperial Valley, California was a tourist hotspot drawing in thousands of tourists, developers and businesses looking to take advantage of the paradise in the desert – and it was all an accident. Now, the sea and its surrounding communities are in dire straits, and their only savior may be an industry that is struggling in its own right: geothermal.

World Energy Supply Requires $40 Trillion Investment by 2035, Says IEA

Wed, 06/04/2014 - 04:48

Meeting the world’s energy supply needs by 2035 will require $40 trillion of investment, as demand grows and production and processing facilities have to be replaced, the International Energy Agency said.

US Geothermal Industry Gets Huge Resource "Datapalooza" Boost

Tue, 06/03/2014 - 14:41

In order to move the nearly stagnant U.S. geothermal market along, the industry needs help identifying viable resources. The Department of Energy (DOE) has been hard at work developing a tool that will help this process, and recently announced the official launch of its National Geothermal Data System (NGDS).