energy

Record Renewable Energy Transfers Illustrate Investors' Appetites, Utilities' Pain

Wind farms and solar parks are changing hands at record rates, signaling both an increased taste for the assets among pension funds and hard times for utilities that are the biggest sellers.




energy

Navigating New Developments in Turkey’s Growing Renewable Energy Market

In February of this year, Turkey’s Energy Minister Taner Yildiz, announced plans to increase the ratio of the country’s renewable energy resources to 30 percent of total energy production by 2023. Over the next ten years The Turkish government is seeking considerable investments to fund projects in wind, solar, hydropower, biomass and geothermal energy, believing a thriving renewable industry to be pivotal to future economic growth. Turkey has already enticed major international investors such as General Electric and Siemens AG; General Electric opened the 22.5-megawatt (MW) Sares wind farm and 10-MW Karadag site, and is scheduled to supply turbines to Fina Enerji Holding AS; Siemens is contracted to supply turbines to a 50-MW wind farm, and the firm expects to be involved in further projects in 2014.




energy

Earnings Season for Ten Clean Energy Stocks

The third quarter earnings season has been quite eventful for my Ten Clean Energy Stocks for 2013 and six alternative picks model portfolios, so much so that writing about them has taken a back seat to keeping up with the announcements. There were a number of earnings disappointments and earnings announcements which were in line with my expectations but the market treated like disappointments. These resulted in an overall decline of 2.5 percent for the portfolio since the last update, even as my industry benchmarks, the Powershares Wilderhill Clean Energy (PBW) and my small cap benchmark (IWM) were up 1.0 percent and 3.9 percent over the months since October 15th.




energy

What the Energy Future Looks Like: West Village, University of California at Davis

In the global competition for appealing clean energy solutions, a leading entry is the new West Village at the University of California at Davis (UC Davis), which today celebrated significant progress toward its goal of becoming the largest planned “zero-net energy” community in the United States.




energy

Latin America Report: Gauging Mexico's Wind Energy Market

The U.S. market for wind energy is something of a contradiction: it's one of the world's larger markets and fastest growing with its own supply chain, yet it's still heavily reliant upon a production tax credit, which was renewed at the last minute last December (yet late with enough uncertainty to chill many projects in the pipeline), and this time its renewal is even less certain.




energy

US Government Recommits to Renewable Energy Ramp-up

Today the Obama administration issued an executive order re-establishing one of the proclamations from the climate change plans it issued this summer: significantly boosting the U.S. federal government's support of renewable energy to supply 20 percent of its energy consumption by 2020.




energy

Ten Clean Energy Stocks for 2013: Lessons Learned

As we come into the final stretch of 2013, my annual model portfolio of Ten Clean Energy Stocks for 2013 looks certain to break its five year winning streak of beating its industry benchmark. As of December 6th, the model portfolio's total return has been 19.0 percent, compared to a sunny 56.1 percent for my benchmark, the Powershares Wilderhill Clean Energy (PBW). The broad market, as represented by the Russell 2000, also resoundingly beat my model portfolio, and is up 37.5 percent. My six alternative picks fared even worse than my top ten.




energy

In This Season of Giving Consider Renewable Energy Charities

It’s easy to get caught up in the holiday bustle: shopping, decorating, parties, and preparation. Our to-do lists can seem endless, but we carry on because it is that special time of year, a season of giving.




energy

Updated: What the Proposed US Energy Tax Reforms Mean for Renewables

For those clamoring for (and against) the year-end-expiring legislation, and anyone in favor of some tax-code simplification, today the government has offered an early holiday present: proposed reform for some key areas including the production tax credit (PTC) and investment tax credit (ITC).




energy

Geothermal Energy 2013 Year-in-Review: An Awakening Global Market

As the thousands of people in the geothermal energy industry wrap up an exciting and challenging year, they are united by some recurring themes. Investigative geologists, problem-solving engineers, and pioneering international business leaders are some of the players who worked this year to bring together the heat of the Earth with the cities, customers, and other industries that need its unique environmental and economic benefits.




energy

Renewable Energy Provides 100% of All New US Electrical Generating Capacity in November 2013

According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's Office of Energy Projects, solar, biomass, wind, geothermal, and hydropower "units" provided 394 MW — or 100 percent — of all new electrical generation placed in-service in November 2013. There was no new capacity during the month from natural gas, coal, oil, or nuclear power. Renewable energy sources also provided 99 percent of all new electrical generating capacity in October.




energy

2013 Draws to a Close: Clean Energy Scorecard

Global private capital renewable energy investments are still above $250 billion for 2013. While the final numbers are not in yet, 3rd quarter global renewable energy investments, according to Bloomberg New Energy Finance’s latest data on deals and projects, notes slightly lower global investment than in 2012 due faltering “political will to decarbonise energy mix.” They further note that the third quarter’s decline in investment will push the year’s overall investment in renewable energy and energy-smart technologies down below 2012's $281 billion. But $250+ billion ain’t shabby.




energy

RenewableEnergyWorld.com’s Most Popular Stories of 2013

As editors we delight in learning which of the stories that we wrote or commissioned were most popular with our readers. That’s why at the end of each calendar year, we pull reports that tell us which stories we posted got the most shares, the most views, the most comments, etc. We also look at which videos were watched the most. Often, we post articles that we know will be a big hit: like explanations of controversial solar legislation. But other times you surprise us, readers, by taking great interest in articles that we felt were solid but not necessarily ground-breaking.




energy

Renewable Energy’s Hottest Conversations of 2013

Here at RenewableEnergyWorld.com, we pride ourselves on our active community of readers who click, share, and comment on the articles that we post every day. While we don’t always agree with their take on the pieces we post, we always value constructive feedback and the high quality discussion that sometimes ensues.




energy

Top US Clean Energy and Climate Breakthroughs in 2013

The United States broke one record after another for extreme weather in 2013. From deadly floods in Colorado to prolonged drought across the Southwest, Americans saw what unchecked climate change can do to our communities. But we also witnessed another kind of powerful force: real and positive climate action.




energy

RenewableEnergyWorld.com's Top 10 Blogs of 2013

We here at RenewableEnergyWorld.com value each and every one of our excellent contributors that share their important and thought-provoking insights with our readers. But we have a special affinity for our outstanding blogging community.




energy

Danish Pension Fund To Invest in Renewable Energy Projects in Developing Nations

PensionDanmark A/S and other Danish pension investors backed a state fund to finance emission-reduction projects in developing countries as the Scandinavian nation seeks to export its climate know-how abroad.




energy

Renewable Energy Loses Out in Europe's "Lame-Duck" Climate Plan

Wind and solar power producers say they're at risk of losing investment after the European Union's executive arm scrapped proposals for a mandatory target on renewable energy use in 2030.




energy

Europe Divided on Supply Security as Renewable Energy Grows

European Union governments and the bloc’s executive arm are splitting over how to guarantee electricity supply as the region builds more renewable power.




energy

Musk Says Renewable Energy Shift to Bring ‘Strife’ for Utilities

Tesla Motors Inc. Chief Executive Officer Elon Musk said shifting to greater use of solar and wind power will challenge utility companies.




energy

Energy Price Concerns Resonate in EU Talks on 2030 Climate Goals

The European Union should ensure that future climate and energy policies do not undermine the competitiveness of its industry, already weakened by a price gap with the U.S., the bloc’s member states said.




energy

Renewable Energy in MENA Area to Double Next Year, Desertec Says

Clean energy assets in the Middle East and North Africa will more than double in capacity by the end of next year, the Dii GmbH industry association said.




energy

Will UK Carbon Emission Rules Lead to Energy Shortages?

The U.K. risks power shortages because utilities may react to Europe’s toughest carbon emissions rules by closing plants without replacing them.




energy

Clean Energy Investment Rises in Several Countries Amid Global Decline

Three G-20 nations saw an increase in clean-energy investments last year even as funding declined globally for the second consecutive year, according to The Pew Charitable Trusts.




energy

Japan Energy Policy Stops Short of Setting Renewables Targets

Prime Minister Shinzo Abe’s government stopped short of setting goals for renewable energy in the final version of a draft plan that reinforces atomic power’s role in Japan’s energy future, calling it a vital source of generation.




energy

Utilities Threatened by Competitive Renewable Energy Growth

Technology is catching up with Thomas Edison’s electricity industry, eating away at the utility business model that hasn’t changed much in a century.




energy

Capital for Clean Energy Easier to Find as Investors Seek Simplicity

Simplifying finance vehicles for renewable energy will lure more investors and lower the costs of capital.




energy

Global Renewable Energy Should Triple to Save Climate, UN Panel Says

The world needs to triple the energy it gets from renewables, nuclear reactors and power plants that use emissions-capture technology to avoid dangerous levels of global warming, United Nations scientists said.




energy

CEO of German Utility RWE Says It Should Have Invested in Renewable Energy Sooner

What’s a beleaguered utility to do when forced by the government to close its profitable nuclear power plants?




energy

Clean Energy Investment Rises 9 Percent, Led by Solar-Power Demand

Clean energy investment rose by 9 percent in the first quarter from a year earlier on surging demand for rooftop solar panels from the U.S. to Japan.




energy

German Utilities Fight Renewable Energy Shift

Germany’s biggest utilities face dwindling market shares as the shift to renewable energy spurs regional power generation and storage technology, a senior member of Chancellor Angela Merkel’s party said.




energy

Former Banker Will Now Oversee Renewable Energy in India

Indian Prime Minister Narendra Modi appointed a former banker to oversee coal, power and clean-energy reforms in a move aimed at resolving fuel bottlenecks and chronic blackouts hampering economic growth.




energy

Is Natural Gas Sucking Investment from Renewable Energy?

U.S. President Barack Obama says natural gas can be a bridge from coal to a cleaner energy future. Investors are showing it’s more likely a bridge to nowhere.




energy

Iceland Moves Closer to Powering European Homes With Geothermal Energy

Iceland is moving closer to plugging European homes into the volcanic island nation’s geothermal and hydropower reserves via what would be the world’s longest power cable, according to the country’s largest energy producer.




energy

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

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.




energy

The U.S. and Canada can benefit from pioneering ocean energy work in the United Kingdom

The United Kingdom is known for its pioneering work in wave, tidal and ocean current energy. The U.S. and Canada have vast marine resources and would benefit from partnerships with UK companies in a number of ways, including building expertise, sharing lessons learned and fostering industry growth.




energy

EU Needs Low-Carbon Energy Union, Ministers’ Advisory Panel Says

The European Union needs an ambitious emissions-reduction goal, targets for energy- efficiency and renewables as well as tools to foster investment under its planned 2030 policies, an advisory panel to 14 ministers said.




energy

Japan Bank Sets Aside $2 Billion for Clean Energy

Shinsei Bank Ltd., a lender for Goldman Sachs Group Inc.’s clean-energy projects in Japan, plans to provide as much as 200 billion yen (US $2 billion) in loans for renewable developments.




energy

France Spurs Efficiency, Renewables with $13.4 Billion Energy Plan

France’s planned energy law will mobilize about €10 billion (US $13.4 billion) in investment through tax credits and low-interest loans to spur efficiency and renewable power, Environment Minister Segolene Royal said.




energy

Australia Chills Hopes for $20 Billion Clean Energy Industry

Australia is frightening developers away from renewable energy even before the government decides whether to overhaul targets for the industry’s growth.




energy

South Africa Seeks to Improve Process for Renewable Energy Deals

South African Energy Minister Tina Joemat-Pettersson said her department wants to address weaknesses in the process of commissioning renewable-power projects.




energy

Expect $1.6 Trillion in Clean Energy Investments Through 2020, Says IEA

Investments in new clean-energy capacity will total $1.61 trillion through 2020 even as the expansion of renewables is expected to slow, the International Energy Agency said.




energy

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.




energy

Japan Utility to Suspend Grid Access for New Renewable Energy Producers

Kyushu Electric Power Co. will suspend responding to applications from renewable-energy producers applying to access its grid while it reviews how much more clean energy it’s capable of handling.




energy

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.




energy

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.




energy

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.




energy

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.




energy

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.




energy

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.