Several U.S. Senators are resurrecting legislation seeking to create a national Renewable Energy Standard (RES), while more proposed RPS changes crop up in some quieter markets.

The European Commission has offered up some new guidelines about managing electricity markets among its Member States, offering direction for design and support schemes for renewable energy, managing capacity, and addressing demand at the consumer level to mitigate new generation investments -- which, while technically not binding, likely will inform future regional environmental and aid policies.

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.

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.

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.

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.

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.

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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.

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.

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

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

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.

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.

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.

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

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.

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.

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.

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

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.

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.

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.

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.

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.

California Governor Jerry Brown proposed spending $59 billion to fix crumbling roads and raising the state’s renewable energy mandate to 50 percent.

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

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.

Long-frustrated wind and solar developers in Australia can now get to work on more than A$14 billion ($11 billion) in projects after a new renewable energy target passed parliament.

Executives from 13 major U.S. corporations are announcing at least $140 billion in new investments to decrease their carbon footprints as part of a White House initiative to recruit private commitments ahead of a United Nations climate-change summit later this year in Paris.

Companies including Apple Inc., Berkshire Hathaway Energy Co., and Goldman Sachs Group Inc. will join Secretary of State John Kerry and top administration officials at the White House for the announcement. In addition to pledges to cut emissions, provide financing to environmentally-focused companies, and reduce water consumption, the companies have said they will procure at least 1,600 MW of new, renewable energy. The White House said in a statement that it expects to announce a second round of similar pledges later this fall from additional companies.

The commitments are being announced as President Barack Obama is looking to build momentum toward a legacy-defining global climate accord in Paris. In addition to company-specific commitments, the corporate leaders on Monday will signal their support for a strong climate agreement out of the United Nations talks. They administration is using the pledges to set an example for companies to find ways to eliminate their carbon emissions.

Climate Talks

“As the world looks toward global climate negotiations in Paris this December, American leadership at all levels will be essential,” the White House said in a fact sheet detailing the announcement.

The administration’s actions are pushing the issue into the 2016 presidential debate. Hillary Clinton, the front-runner for the Democratic nomination, released an energy strategy saying she would both defend and go beyond Obama’s efforts. Republican candidates have criticized the administration’s initiatives as costly to the economy and unnecessary.

Among the pledges, aluminum manufacturer Alcoa Inc. has agreed to reduce emissions by 50 percent from its 2005 levels, while agricultural giant Cargill Inc. says 18 percent of its total energy use will come from renewable sources.

Coca-Cola Co. said it would drive down the carbon footprint of its beverage production by 25 percent over the next five years, while Google says it plans to triple its purchases of renewable energy over the next decade. Berkshire Hathaway says it plans to invest up to an additional $15 billion in the construction and operation of renewable energy generators, while Bank of America Corp says it will increase its environmental business initiative by $75 billion over the next decade, according to the White House

Other participating firms include Wal-Mart, United Parcel Service Inc., PepsiCo Inc., Microsoft Corp., General Motors Inc.

The corporate commitments won’t be the administration’s only major climate announcement in the next few weeks. The Environmental Protection Agency is set to present final regulations that aim to reduce carbon emissions from power plants by 30 percent from 2005 levels by 2030 later this week.

While visiting Kenya over the weekend, Obama repeatedly praised the country for its efforts to address climate change, saying its efforts tor educe emissions “has put it in the position of being a leader on the continent.” And next month, the president will travel to Alaska for an international summit on Arctic climate issues.

©2015 Bloomberg News

For more, see Big Companies, Big Renewable Investments.

The study assesses the role of feed-in tariffs (FITs) and renewable energy certificates (RECs) in creating incentives for cross-border investments and for investments in particular technological portfolios via M&A. The analysis explores the dataset on M&As in alternative energy sources worldwide over 2005-2011.

Successfully attracting investment and innovation in renewable energy requires not only core climate policies, such as pricing carbon, but also a focus on the broader investment environment. Based on new research from the OECD, this article reviews some of the main factors holding back investment and innovation in renewable energy and looks at what governments can do to take action.

Climate change mitigation and sustainability are the key rationales for increasing the share of renewable energy. Yet definitions of renewable energy used by policy-makers are so broad that subsidy regimes and other policies to promote renewable energy are able to result in highly negative climate, environmental and human impacts.

The rise in international investment and trade in goods and services related to renewable energy has been rapid but not always smooth. This paper surveys, through the lenses of market-pull and technology-push policies, the numerous domestic incentives used by governments to promote renewable energy, focusing on those that might have implications for trade.

This study uses a unique dataset of investment flows to analyse the role of two categories of public interventions (finance and policies) in mobilising flows of private climate finance worldwide and in the more specific context of flows to and in developing countries. The objectives are threefold. Find out more.

In order to help address climate finance-related information needs under the UNFCCC, this paper explores the extent to which currently-available secondary data make it possible to estimate private finance mobilised by developed countries for climate action in developing countries.

The Paris Agreement is an unprecedented achievement in the fight against climate change. A record number of countries came together, first in the French capital for the COP21 conference in November-December 2015 and then formally to sign the agreement at the UN on 22 April 2016, to ensure that future generations enjoy a stable, healthy and habitable world.

This new publication looks at how renewable energy can bring the greatest benefits to host regions.

The Paris Agreement is an unprecedented achievement in the fight against climate change. A record number of countries came together, first in the French capital for the COP21 conference in November-December 2015 and then formally to sign the agreement at the UN on 22 April 2016, to ensure that future generations enjoy a stable, healthy and habitable world.

Despite a challenging global environment, the growth prospects of Emerging Asia (Southeast Asia, China and India) remain robust over the medium term, according to the latest edition of the OECD Development Centre’s Economic Outlook for Southeast Asia, China and India.

This new publication looks at how renewable energy can bring the greatest benefits to host regions.

Connecting Europe and North Africa with a single, long-distance electricity ‘supergrid’ is technically possible and the cheapest option available to meet Europe’s renewable energy targets, according to new research. However, significant political challenges, such as minimising the perception of risk and attracting sufficient investment, need to be overcome.

A new survey from 2010 reveals that upfront costs of up to €14,000 and lengthy payback times can discourage even the most environmentally conscious citizens from installing domestic renewable technology, such as solar panels and wind generators. However, people signing up to a ‘climate pledging’ scheme were still at least 11 times more likely to install these technologies than the average person in the UK.

Establishment of cooperative biogas projects is aided by strong community spirit, regional traditions and farmers' sense of responsibility for their local area, finds a new Italian study. The findings suggest that renewable energy policy could benefit from taking account of community aspects at the local and regional levels.

Some agricultural activities, such as irrigation, could be powered by renewable sources, a new study indicates. Farm machinery could also be renewably-powered, but the machinery would need to be adapted to use renewable electricity, instead of liquid fuel.

Wind and solar energy are effectively limitless resources, but construction of renewable power must compete for a finite amount of land. This study uses a constrained assessment of available land to see whether global energy demand could be fully met by renewable sources. The analysis predicts that by 2070, the world could produce between 730 and 3700 exajoules of electricity per year (EJ/a1) from renewable power, which, even at lowest available land estimates, could meet 2070 electricity needs in most countries.

A new study lists 10 factors to help create a closed-loop supply chain for critical materials. However, interviews with key actors in supply chains for photovoltaic (PV) panels and wind turbines suggest that manufacturers and recyclers hold different perspectives on these factors. The research highlights the importance of cooperation between supply-chain actors, as well as investment in technologies and infrastructure for closed-loop supply chains.

A recent study has explored the role that renewable energy schemes can play in promoting sustainable development at the local level. It suggests that more must be done to encourage local investment and involvement in renewable energy projects if global sustainability objectives are to be met.

The effects of market regulation and environmental policy on eight types of renewable energy in the EU are identified in a study which examines nearly three decades’ worth of data. The researchers found that reducing entry barriers is a major driver of renewable energy innovation and that the ability of environmental policy to promote renewable energy innovation depends on the technology; for example, quota systems appear to work better with older technologies.

Researchers have developed a new indicator for policymakers, which shows the strength of renewable-energy technologies for electricity production in a country’s energy security. They compare their Renewable Energy Security Index (RESI) to the carbon footprint, in that it is easy to report and practical to use in energy policy.