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Eco Wave to Raise $5 Million to Accelerate Ocean Energy Plans

Eco Wave Power, based in Israel, plans to raise $5 million by the end of the year to further develop its technology and projects that harness the power of the ocean to generate electricity.




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Ten Clean Energy Stocks for 2014: September Update and Thoughts on the Finavera Deal

Clean energy stocks and the market in general rebounded strongly in August. My broad market benchmark of small cap stocks, IWM, rose 4.5 percent, returning to positive territory up 1.7 percent for the year. My clean energy benchmark PBW also jumped back into the black with an 11.1 percent gain for the month and 10.8 percent for the year to date.





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Siemens Tidal Energy Project Suspended

Marine Current Turbines (MCT), the tidal energy company owned by German engineering giant Siemens has announced that it has suspended development of a planned 10 MW tidal array in Wales.




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Exploring Finance Options: Yield-cos Don’t Fit the Bill for Many Renewable Energy Companies

Yield-cos have been grabbing headlines lately. Typically, large utilities spin off their high-yield alternative energy operations into separate smaller companies called yield-cos. These new companies are then taken public to attract individual and institutional investors.




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US-China Rifts Put Aside for Clean Energy Research

The threat of climate change is driving China and the U.S. — frequent rivals and the world’s two largest greenhouse-gas emitters — to collaborate on dozens of potential clean-energy breakthroughs.




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RGGI Chair Says States Won’t Leave Emissions Trading Market for California, Quebec

California and Quebec, which together created the largest carbon market in North America this year, may come away empty-handed as they woo northeastern U.S. states to join their system.




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Ukraine Crisis May Spur EU Clean Energy Policies, Neste Oil Says

Europe’s concern about its reliance on Russian fossil fuels may spur governments to prioritize alternative energy, the head of Neste Oil Oyj said.




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Japan Installs 11 GW of Renewable Energy in Two Years

Japan has added 11,090 megawatts of clean energy capacity since July 2012, when it began an incentive program to encourage investment in renewables, according to the Ministry of Economy, Trade and Industry.




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Microgrid Economics: It Takes a Village, a University, and a Ship

As a businessman exploring investments, I need simple answers, however complicated the problem. I wish to know: Are microgrids economical? How much investment is needed and for what? What are the factors that principally affect profitability, within the system and in the environment? If microgrids are not profitable at the present, when will they be? I recognize that understanding microgrids as a system requires complicated mathematics and modeling. I’m sympathetic to and respect those who do that.




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EU Seeks Faster Renewable Energy Integration Amid Crisis in Ukraine

The European Union is seeking to speed up the creation of a common energy market to help its shift to a low-carbon economy and boost security of energy supplies amid a natural-gas dispute between Russia and Ukraine.





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Electrifying Keyna: How One African Country is Approaching Renewable Energy Development

Kenya’s renewable energy ambitions have attracted growing attention in recent months. There has been a strong uptick in interest in the country’s wind energy potential in particular. Last year, Kenya’s Ministry of Energy and Petroleum said in an investment prospectus for 2013-2016 that it plans to boost wind power generation by 630 MW as part of its target to increase electricity levels by 5,000 MW by 2016. In March, the Kenyan government also signed a financing document for the largest private investment in Kenya.




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EU Nations Mull Funds to Aid Clean Energy in 2030 Climate Deal

European Union governments are considering the use of carbon-permit funds to help finance clean technologies and spur poorer nations toward a low-carbon economy under a planned deal on 2030 climate and energy policies.




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Latin America Report: 7 Renewable Energy Stories Worth Reading

The renewable energy market is fast-paced and growing with each passing day. It’s hard to keep up with every industry announcement and insight, so we decided to highlight interesting developments that took place during the past few weeks, and some valuable insights that are worth revisiting.




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Increased Study Requirements, Loss of DOE Backing End Admiralty Inlet Tidal Pilot Project

Snohomish County Public Utility District announced it is abandoning plans to develop the 600-kW Admiralty Inlet Pilot tidal project in Washington's Puget Sound.




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Germany’s Clean Electricity Costs Decline for First Time

German electricity consumers will for the first time see a drop in the fee added to their bills to fund renewables, a boost for Chancellor Angela Merkel, who has pledged to curb the cost for voters.




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New Poll: New Yorkers Overwhelmingly Support Fracking Moratorium — And Clean Energy

Last month, NRDC engaged a nationally recognized opinion research firm to conduct polling in New York State to evaluate public attitudes about fracking and clean energy. Importantly, this is the first statewide poll in at least two years — and perhaps ever — to directly ask residents their views of the now six-year-old de facto moratorium on fracking.




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The 51st State: What’s Your Ideal Energy Market?

Imagine a place where there is no electricity market. No rules, no policies, no market. A clean slate. This is what the Solar Energy Power Association (SEPA) calls the 51st State, a new initiative to get people to think outside the box when it comes to utility design and infrastructure.




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Australia Seeks to Reduce Renewable Energy Target to ‘Real’ 20 Percent

Prime Minister Tony Abbott’s government will negotiate with the opposition to cut Australia’s renewable energy target and exempt industries such as aluminum and copper smelting.





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Are Environmental Regulations Causing US Utility Bills to Surge?

U.S. electricity markets face years of higher prices as clean-air regulations shut more coal-fired power plants than earlier forecast, cutting supply and forcing producers to rely more on natural gas.




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UN Sees Irreversible Damage to Climate Caused by Fossil Fuels

Humans are causing irreversible damage to the planet from burning fossil fuels, the biggest ever study of the available science concluded in a report designed to spur the fight against climate change.




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Ten Clean Energy Stocks For 2014: Spooky October

October was a spooky month for clean energy stocks. My benchmark Powershares Wilderhill Clean Energy Index (PBW) cringed down 2.9 percent like the young Supergirl who jumped when a mechanical ghost startled her at my door Haloween night.




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US Midyear Elections Offer Opportunities and Challenges for Renewable Energy

Every time the U.S. holds midyear elections, the country almost always goes against the incumbent President’s party, which is always sobering to whomever holds The White House. And this week’s elections were no exception.




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IEA World Forecast: Stresses on Energy System Must Not Be Ignored

The world’s decision-makers must not let current events distract them from recognizing and addressing the longer-term signs of stress that are emerging in the global energy system, the International Energy Agency (IEA) warned today at the launch of its annual World Energy Outlook 2014 report in London.





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Marine Energy Making Waves on Both Sides of the Pond

In recent months, a number of initiatives aimed at speeding up the development of the wave energy sector have been launched in the U.S. and Europe. As part of the ongoing work to establish a viable United States wave energy industry, the National Renewable Energy Laboratory (NREL) and Sandia National Laboratories (SANDIA) are working on the creation of a sophisticated open-source modeling tool known as WEC-Sim — and the U.S. Department of Energy is also enlisting the coding community to help in its development. Meanwhile, the European WavePOD project is an industry-wide initiative that aims to solve the problem of converting captured wave energy into electricity by creating a "standardised self-contained offshore electricity generator for the wave industry."




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Halifax Water Generates Power from a 32-kW In-pipe Small Hydroelectric System

Halifax Regional Municipality of Nova Scotia, Canada, is the first Canadian city to use an in-pipe hydroelectric generation system within a pressurized water distribution pipeline, according to Halifax Water. On Nov. 13, a 32-kW generating system within a drinking water distribution control chamber for Halifax Water began providing power.




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Shining a Light on Women Leaders in the Power Industry

In early 2013, a group of women, dubbed the Women in Power committee, assembled in Orlando, Florida to figure out how to honor women who have dedicated their careers to the power industry. The industry is male-dominated with men making up more than 75 percent of the workforce, according to estimates.




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Wind Energy Provides More Than Two-Thirds of New US Generating Capacity in October

According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's (FERC) Office of Energy Projects, wind power provided over two-thirds (68.41 percent) of new U.S. electrical generating capacity in October 2014. Specifically, five wind farms in Colorado, Kansas, Michigan, Nebraska, and Texas came on line last month, accounting for 574 MW of new capacity.




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Investing in Innovative Ideas for a Clean Energy Future

The clean energy revolution is now, and the U.S. Energy Department is stepping up its commitment to help innovators commercialize their best ideas. At the recent Industry Growth Forum (IGF) in Denver, Colorado, Assistant Secretary for Energy Efficiency and Renewable Energy David Danielson announced the new Lab-Corps program to accelerate the transfer of clean energy technologies from the national laboratories to the marketplace, so that game-changing innovations don't languish for lack of money and equipment.




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Gas and Coal To Replace Hydropower in Brazil, Pollution to Follow

The Brazilian government is seeking to award contracts in an auction tomorrow for natural gas- and coal-fueled power plants, reversing a drive that previously favored renewable-energy projects. It would lead to the first new thermal plants in three years, after the government scaled back such projects and awarded wind contracts starting in 2009 and solar energy earlier this year.




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Energy Efficiency and Renewables Are Lowest Risk/Cost Investments for Utilities

A new report by utility and finance experts contains positive news for the environment, our air and our (and our utilities’) pocketbooks — the economics of electric power resources have made zero-emissions energy efficiency and renewable energy technologies the most financially attractive options to meet the nation’s future energy demands.




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German Utility EON To Ditch Fossil Fuel Arm, Focus on Renewables

EON SE’s plan to spin off its fossil fuel plants marks a watershed moment in Germany’s renewables effort that will likely bolster the country’s already leading position in clean energy.





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Leaked Internal Presentation Details the Oil Industry's Campaign to Stop Clean Energy

The Western States Petroleum Association (WSPA) — whose members include Chevron, ExxonMobil, Shell, ConocoPhillips, BP, and others — was caught red-handed late last month when a leaked internal presentation revealed a coordinated campaign to stomp out climate and clean energy progress in California, Oregon and Washington by propping up over 15 front groups that purport to represent the views of concerned citizens and the broader business community.




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Marine Power May Suffer More Casualties After Siemens Tidal Sale

The downfall of two leading marine- energy developers is damping hope that the emerging industry, which has already lost almost $1 billion, will ever get the technology to market.





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NHA, OREC Partner to Create Marine Energy Council

The National Hydropower Association and Ocean Renewable Energy Coalition have announced the formation of the Marine Energy Council, which will offer a new home for marine energies at NHA.




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Renewable Energy Matchmaking: Newest Key to Reaching 2020 Sustainability Goals

The siren call of 2020 corporate environmental sustainability goals is quickly getting louder, as corporate leaders realize they must go further today to achieve their sustainability targets for tomorrow. Increased use of renewable energy is an ambitious goal for some of the world’s largest companies, as 59 percent of the Fortune 100 and nearly two-thirds of the Global 100 have set GHG emissions reduction commitments, renewable energy commitments or both, according to a recent Ceres’ report, Power Forward: Why the World’s Largest Companies Are Investing in Renewable Energy. One global consumer products company, for example, plans to derive 30 percent of its energy from clean sources by 2020.




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Japan's Prime Minister Re-Election Risks Undercutting Clean Energy Push

Shinzo Abe’s re-election as prime minister risks undercutting Japan’s commitment to clean energy at a time when incentives are under review and the nation’s utilities say they can’t accommodate capacity already planned.




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Buffett Testing Smart Grid Technology for Home Energy Management

Warren Buffett wants to tell you the best time to wash your clothes. Or at least his energy company in the U.K does. Buffett’s Northern Powergrid Holdings Co. is working with Siemens AG to test a so-called smart grid that has the ability to control when consumer appliances will be used in the home.




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Renewable Energy Is Driving the Energy Transformation: REWNA Recap Video

Renewable energy stakeholders are well aware that clean energy is slowly but steadily transforming the energy landscape and that message couldn’t have been more clear at the recently concluded Power-Gen International, the largest show for the traditional power generation industry. Since all forms of power generation are represented at the show through the four co-located conferences, PennWell calls the second week in December "Power Generation Week."




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Japan Toughens Rules for Renewable Energy Incentive Payments

Japan’s trade ministry is setting stricter rules for production and sales of renewable energy in what it says is a drive to speed up development of projects and ensure stable power supply.






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Busting the Myth of “Job-Killing EPA Regulations”

Earlier this month, when EPA proposed a new health-protective air quality standard for the pollutants that form “ozone,” some critics predictably pounced on it as another example of a long string of “job-killing EPA regulations.” Yet last week, we learned that the U.S. economy created about 320,000 new jobs in November, and average wages are starting to rise as the labor market tightens.