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Reflections from Breakthrough Marine Energy Trials

The lush hills of Strangford Lough are truly a place of magic scenery. Portaferry, a small fishing village, is located one hour’s drive from Belfast in Northern Ireland, and is today perhaps most famous for being close to the location where blockbuster Games of Thrones is filmed. In this idyllic fishing village, struggling with a high unemployment rate and a diminishing population, something new and prosperous is growing. Looking out over the calm waters of Strangford Lough, one could hardly believe that under the ocean surface — that electricity can be produced.




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Obama's State of the Union Speech Highlights US Renewable Achievements, Climate Change Goals

President Obama has been under intense scrutiny for what he would do about climate change ever since he was elected in 2008. Part of that scrutiny takes place during his State of the Union Speech, when renewable energy proponents search for key words about solar and wind energy and count how often he mentions "climate change."




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Climate Change: The Need for a More Consistent Baseline and Immediate Action

The UN climate conference in Lima set the stage for Paris in 2015. Next year’s accord is to provide a working, albeit not a final, answer to the question: Is it possible to keep global warming at or below the 2 degree Celsius limit? This limit is considered the boundary beyond which the negative climatic, economic and social consequences of climate change are thought to become intolerably severe and potentially irreversible.




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Brazilian Bank Raises $408 Million for Renewable Energy and Water Projects

The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.




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Demand Response: A Valuable Tool that Can Help California Realize its Clean Energy Potential

A tool only has value if it’s used. For example, you could be the sort of person who’s set a goal of wanting to exercise more. If someone gives you a nifty little Fitbit to help you do that, and you never open the box, how useful, then, is this little device? The same is true about smart energy management solutions: good tools exist, but whether it’s calories or energy use that you want to cut, at some point those helpful devices need to be unpacked.




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Carbon Nanoballs Can Transform the Renewable Energy Supply

Researchers at Chalmers University of Technology have discovered that the insulation plastic used in high-voltage cables can withstand a 26 per cent higher voltage if nanometer-sized carbon balls are added. This could result in enormous efficiency gains in the power grids of the future, which are needed to achieve a sustainable energy system.




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Obama Proposes $4 Billion for States Beating Climate Goals

The Obama administration is proposing a $4 billion fund to reward states that exceed cuts in greenhouse-gas emissions, and wants Congress to back steeper royalty rates for oil, gas and coal extraction from public land.




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California's Clean Tech Industry Best in US for Jobs and Investment

California’s bet on green energy is paying off, with clean technology companies creating more jobs and investing more money than competitors in any other state.





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Broad Coalition Coalesces for Clean Energy Jobs in Illinois

Labor, business, and environmental leaders have formed a unique coalition that will urge Illinois lawmakers to pass new standards for energy efficiency and renewable energy, leading to tens of thousands of new, local jobs.




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The Promise of Clean Energy Student Entrepreneurs

Cleantech investing has taken quite a hit in recent years. Last year, CBS News highlighted the “cleantech crash” on U.S. primetime television, and Bloomberg New Energy Finance, a Bloomberg-owned energy data firm, has tracked the multi-year decline in cleantech investing. However, there are additional trends that tell another side of the cleantech story and suggest innovation and hope for a low-cost, low-carbon future are far from gone.




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Former FERC Chief Jon Wellinghoff Speaks Out on Grid Security and Distributed Generation

In a previous article, I had a conversation with former-CIA chief Jim Woolsey to discuss one of America’s greatest national security vulnerabilities, its power grid. The issues that Woolsey has been concerned with for over a decade has been the ease in which a terrorist group or other actor (think North Korea for example) could attack the grid and plunge the country into darkness for months, if not years. And if that seems far-fetched, just recall how a tree limb fell in Ohio in 2003 and blacked out the entire Northeast and part of Canada for several days.




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Will Lower Oil Prices Dampen the Mining Industry’s Appetite for Renewables?

For many mining companies, the rallying cry for investigating solar or wind energy options has been that the price of oil and other conventional fuels is too high — and will almost certainly rise over time. Now, though, with oil prices having taken a dramatic nosedive, this argument no longer packs quite the same punch that it once did.




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India Renewables Boom Aided by International Funds

India said cheaper credit along with foreign investment will help the world’s third-largest polluter fund an ambitious renewable energy program that would build green power plants faster than China.




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Harvard’s Star Alumni Urge Week of Fossil Fuel Protests

Actress Natalie Portman, environmentalist Robert F. Kennedy, Jr., and other high-profile Harvard University alumni are calling for demonstrations to urge divestment from fossil fuels.




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Wave and Tidal Energy in 2015: Finally Emerging from the Labs

Technologies to harness wave and tidal power have been under development for over 40 years, but up until quite recently the center of technology development has been in Europe, where the resource intensity is greater than the United States’ coasts. However, in an effort to nurture the country’s sector, the U.S. Department of Energy’s Water Power Program has invested in a broad portfolio of technologies and Alison Labonte, DOE Marine and Hydrokinetic Technology Manager, revealed that it has recently increased its focus on “innovative, game changing technologies that utilize the most abundant marine resources and that have the greatest potential for achieving economic viability.”







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From the Fossil-Fuel Center of the World, A Call for Renewables and Energy Efficiency

In a must-read report released this week on fast-changing energy markets, the National Bank of Abu Dhabi signals a once-in-a-lifetime opening for investors in Middle Eastern renewables and energy efficiency.




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Chile Gets Cleaner at a Profit with Renewable Energy Push

Policies favoring clean energy and increased competition would normally dim prospects for existing producers. Not in Chile, where foreign investors are driving a renewable boom at a time of surging returns by local utilities.




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Market Forces Signal Clean Energy’s Watershed Moment

Business leaders have an important decision to make this year: to continue operating under the status quo or to join the list of successful companies creating a more sustainable future by contracting or investing in renewable energy and making a positive impact on their brand, customers, employees and bottom line.




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Carbon Emissions Stop Rising for First Time in 40 Years

Global emissions were unchanged last year, the first time that’s happened amid economic growth in four decades, according to the International Energy Agency.




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Texas Senator Seeks to Dismantle What He Helped Create: The Renewable Portfolio Standard

Sen. Troy Fraser (R-Horseshoe Bay) has filed a bill that would eliminate Texas’ Renewable Portfolio Standard (RPS) – a policy that has catapulted Texas to world leadership in wind energy and strengthened Texas’ energy diversity. In addition to terminating the RPS at the end of the year, SB 931would make it more difficult to build renewable energy infrastructure. The argument behind the bill is that because Texas has achieved its RPS goals it’s time to move on. Sounds reasonable, right? Well…





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Ex-Employees Accuse Ormat of Lying to Receive 1603 Cash Grant Awards

Ormat is a successful developer of geothermal energy projects. Two former employees have brought a lawsuit alleging that Ormat made inaccurate 1603 Cash Grant submissions to obtain grants for projects that should not have qualified for such grants.




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Clean Energy Makes Up Record Share of UK Power with Coal-to-Biomass Conversions

U.K. electricity from low-carbon sources accounted for almost a quarter of the country’s generation in the fourth quarter as Drax Group Plc converted a second coal-power plant to burn wood.




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Fix the EU Emissions Trading System, And Carbon Markets Can Be Serious Business

What do the following have in common: New Zealand, South Korea, Switzerland, Kazakhstan, Quebec, Alberta, Connecticut, Delaware, Maine, Maryland, Massachusetts, New Hampshire, New York, Rhode Island, Vermont, California, Beijing, Guangdong, Hubei, Shanghai, Shenzhen, Chongqing, Tianjin, Tokyo, Kyoto, Saitama and 28 countries in Europe?




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Republican Texas Bows to California and Backs Energy Finance Plan

Jim Keffer is Republican state lawmaker in Texas with a permit to carry a concealed weapon and doubts about whether human activity is causing global warming.




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Ten Clean Energy Stocks For 2015: Marching Ahead

My Ten Clean Energy Stocks for 2015 model portfolio added a second month to its winning streak, with a 6.1 percent gain for the month and a 5.7 percent gain for the year, despite a continued drag by the strong dollar. If measured in terms of the companies' local currencies, the portfolio would have been up 7.5 percent for the month and 10.5 percent for the quarter or year to date. For comparison, the broad universe of US small cap stocks rose 1.5 percent for the month and 4.0 percent for quarter, as measured by IWM, the Russell 2000 index ETF.




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Green Mutual Funds and ETFs May Recover in 2015

Alternative energy mutual funds are continuing to recover from a slump which started in fall 2014. Annual returns range greatly, though, from a high of 15.6 percent for Brown Advisory Sustainable Growth (BIAWX), to a low of -15.8 percent for Guinness Atkinson Alternative Energy (GAAEX). The large 12-month drop by GAAEX was precipitated by painful losses in some of its top weighted holdings.




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Yale Students Cited at Fossil Fuel-Divestment Protest

Yale University police cited 19 students after they staged a sit-in outside President Peter Salovey’s office to push for divestment from fossil-fuel companies.




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Australian Clean Energy Deadlock Spurs Companies to Focus Abroad

Political deadlock over Australia’s clean energy future is prompting companies such as Vestas Wind Systems A/S and Acciona SA to increasingly turn to rival markets for growth.





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Brazil to Offer Ambitious Climate Plan With More Renewables

Brazil will increase the use of renewable energy, target zero net deforestation and push for low-carbon agriculture as part of its climate proposal, Environment Minister Izabella Teixeira said in an interview.




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Australia’s Biggest Power Producer Sees Future without Coal

Australia’s largest electricity producer committed to close its coal-fired power plants within 35 years as part of an effort to cut the nation’s dependence on the fossil fuel.




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Renewables Account for 75 Percent of New US Generating Capacity in First Quarter of 2015

According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's (FERC) Office of Energy Projects, wind, solar, geothermal, and hydropower combined provided over 75 percent (75.43 percent) of the 1,229 megawatts (MW) of new U.S. electrical generating capacity placed into service during the first quarter of 2015. The balance (302 MW) was provided by natural gas.




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Egypt’s Renewable FiT Program Gains Traction

The Government of Egypt has said that it must invest US$12 billion in the electricity sector over the next five years in order to meet that country’s urgent electricity demands — and renewable energy will be a key component.




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US Power Grid’s $2 Trillion Upgrade Needs European Efficiency

A $2 trillion push in the U.S. to blend renewable energy into the power supply and fortify transmission lines against extreme weather means that Americans must act more like Europeans to keep their power costs down.




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Engineering Possibilities Versus Practical Implementation: Utility Portfolios and Business Models

Europe’s utilities are re-evaluating their business models due to the energy transition. Members of POWER-GEN Europe’s Advisory Board consider how a reliance on fossil fuels is no longer politically desirable, forcing utilities to transform their portfolios to adapt to radical change.




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Why Fracking May Support Renewables

Hydraulic fracturing, or fracking, is shunned by the environmentalists that laud renewable energy sources. However, by not supporting both initiatives, they may be working at cross purposes. Natural gas, booming largely because of fracking, complements renewable energies on the grid. The two seemingly opposite technologies are, for the moment, inextricably linked.




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The New Normal? Renewables, Efficiency, And “Too Much Electricity”

Just over a decade ago, the state of California faced serious concerns about whether its utilities could generate and/or buy enough power to assure that the world’s seventh-largest economy could keep the lights on. The infamous California energy crisis, which affected several other western states as well, was a complex tangle of poorly structured deregulation, significant market manipulation (remember Enron?), and other causes. Along with rolling blackouts, California endured an official state of emergency that lasted 34 months, led to the recall and replacement of Gov. Gray Davis, and cost the state and its ratepayers billions of dollars — a cautionary tale for all states of electricity supply unable to meet demand.




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Carbon Market Overhaul Closer After EU Lawmakers Approve Plan

European Union negotiators are endorsing an accelerated overhaul of the bloc’s carbon market after the price of emission rights fell to levels that fail to deter polluters.




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Germany's Powerhouse Feels Pinch of Merkel’s Shift to Renewables

North Rhine-Westphalia, the German state that’s home to utilities RWE AG and EON SE, is losing its standing as the country’s powerhouse as wind and solar energy begin to displace conventional sources.

Electricity consumers in the western state, which has one-third of Germany’s installed conventional power capacity, last year paid 3.1 billion euros ($3.5 billion) more to subsidize clean energy generation than producers there were awarded, the BDEW utility lobby said in a report Tuesday. The biggest recipient was Brandenburg in the east with a positive balance of 838 million euros.

 

 




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Managing the Risks of Renewable Energy Projects in Developing Countries

Driven by rapid expansion in developing countries, renewables are becoming a significant source of the world’s power.  According to the United Nations Environmental Programme’s (UNEP) 9th “Global Trends in Renewable Energy Investment 2015,” investment in developing countries was up 36 percent in 2014, totaling $131.3 billion.




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State and Metro Governments, Consumer Actions Drive Dramatic Shift in US Energy Landscape

The United States is experiencing a significant shift in its energy landscape. Last year, utility-scale wind and solar power combined for 47 percent of new generation capacity in the U.S. Based on this expansion, 11 states now generate more than 10 percent of their electricity from solar, wind, and geothermal power, with three of these states — Iowa, South Dakota, and Kansas — exceeding 20 percent. In 2014, California became the first state in the nation to garner 5 percent of its electricity from utility-scale solar. When including hydropower, four states —Idaho, Washington, Oregon, and South Dakota — now exceed 70 percent renewables generation.





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EU Raises Concern That UK, France Won't Meet Renewables Goal

The European Commission raised concern that the U.K. and France may not meet their 2020 renewable energy targets, saying the two countries should examine whether they’re doing enough to reach the goals.




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Renewable Energy Responsible for First Ever Carbon Emissions Stabilization

Carbon emissions in 2014 remained at the previous year’s levels of 32.3 billion metric tons — a milestone that points to the impact worldwide renewable energy investment is having in the face of a 1.5 percent annual increase in global energy consumption, according to a new report from REN21. The tenth annual Renewables 2015 Global Status Report cites “increased penetration of renewable energy” and improvements in energy efficiency as the chief reasons for the noted emissions stabilization.