Fossil fuels, long regarded for their high-energy return on investment, are not as efficient as once thought. In fact, their final yields are not much better than those of renewable options, according to a new study.

Last week, Corvias announced that it had entered the final phase of its geothermal installation and energy upgrades effort at the U.S. Army’s Fort Polk in West-Central Louisiana, a milestone that once complete will not only modernize the aging infrastructure but save the Army significant money and benefit military families.

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.

The electric utility industry has been buffeted by two recent trends that threaten to upend the profitability, and in some cases the future viability of, those companies that are slow to adapt to a new, rapidly changing landscape. Specifically, in the past decade, the industry has had to grapple with both waning demand and the growth of distributed energy generation.

In many countries, needs to reduce greenhouse gas emissions have led to increased installation of intermittent renewables such as wind and solar.

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.

The secretary general of the United Nations is frustrated with the pace of negotiations for what’s intended to be a crucial agreement limiting global warming.

Climate change pledges submitted so far from the world’s leading economies won’t be enough to keep the planet from warming dangerously, UN Secretary General Ban Ki-moon said Monday in New York.

Proposals to reduce heat-trapping emissions need to be “a floor, not a ceiling,” he said.

The global increase in temperatures will exceed 2 degrees Celsius (3.6 degrees Fahrenheit) under the national pledges already submitted to UN, Ban said. That’s the goal scientists and the UN have set to avoid the worst effects due to global warming.

The proposals submitted to date “will not be enough to place us on a 2-degree pathway,” Ban said.

Without any changes to global emissions, the world is on track to warm by 4 degrees Celsius or more, UN Assistant Secretary-General for Climate Change Janos Pasztor said earlier this month.

World leaders have five months to go before a meeting of almost 200 nations in Paris that’s intended to seal a new global pact to cut planet-warming carbon emissions. If successful, the agreement would be the first ever to require both developed nations like the US and growing economies like China to address climate change.

“The pace of UN negotiations are far too slow,” Ban said. “It’s like a snail’s pace.”

The U.S., the world’s biggest historic source of greenhouse gases, pledged earlier this year to cut its emissions by as much as 28 percent by 2025. The European Union has promised a 40 percent cut by 2030. Several other major economies, including Australia and Japan, have yet to submit climate plans to the UN.

JSW Energy Ltd., based in Mumbai, India, is refinancing about US$1.1 billion via a 5:25 financial structure for its hydropower-related debt following the purchase of two hydroelectric projects in November 2014 from Jaiprakash Power Ventures Ltd.  

JSW Energy Ltd., based in Mumbai, India, is refinancing about US$1.1 billion via a 5:25 financial structure for its hydropower-related debt following the purchase of two hydroelectric projects in November 2014 from Jaiprakash Power Ventures Ltd.  

Congress today announced details of a year-end tax deal that could provide a two-year extension on provisions for hydroelectric and marine hydrokinetic resources.

The United States and China on Sept. 3 formally joined the Paris Agreement in a ceremony in Hangzhou, China, ahead of the G20 Summit. President Obama and President Xi both deposited their country’s official instrument with United Nations Secretary, General Ban-Ki Moon.

Trump's proposed budget severely cuts the EPA and DOE's efficiency and renewables offices, but allocates funding for R&D, clean coal and advanced nuclear.

BlackRock Inc., the world’s largest money manager, is boosting its bet on clean energy.

Last Friday evening in Surprise, Arizona a storage facility owned by Arizona Public Service (APS) exploded, injuring four firefighters. Reporter for azfamily.com, Maria Hechanova, visited the scene yesterday and reported that the explosion happened while four hazmat firefighters from Peoria were working to extinguish a battery fire at the facility.

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.

Fossil fuels, long regarded for their high-energy return on investment, are not as efficient as once thought. In fact, their final yields are not much better than those of renewable options, according to a new study.

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.

The electric utility industry has been buffeted by two recent trends that threaten to upend the profitability, and in some cases the future viability of, those companies that are slow to adapt to a new, rapidly changing landscape. Specifically, in the past decade, the industry has had to grapple with both waning demand and the growth of distributed energy generation.

The financial benefits of buying and selling locally produced energy from rooftop solar, wind turbines and batteries within communities have been revealed in a test case run by energy tech firm LO3 Energy.

The cost of producing hydrogen gas with renewables is likely to plummet in the coming decades, making one of the most radical technologies for reducing greenhouse gases economical.

Presentation by Russell Nowland of CommScope

Several smart money managers I know are excited by the heads-I-win, tails-I-win big opportunity offered by Power REIT’s (NYSE:PW) attempt to foreclose on its railroad lease with Norfolk Southern Corporation (NYSE:NSC) and Wheeling and Lake Erie Railway (WLE). I know this because I’m one of them, and I’ve talked to others about it. Others aren’t quite so sure.

Offshore wind development is being pushed further out into deeper waters, emphasizing longer, higher-capacity transmission systems. Most newer offshore wind farms from Europe to the U.S. are looking at hundreds of kilometers of transmission lines: the U.K. Crown Estate's Round 3 allocations, interconnection systems from Germany's North Sea to the U.K.'s National Grid Western Link, and the proposed Atlantic Wind Connector in the U.S. Mid-Atlantic.

For many years, and particularly since the Energy Policy Act of 2005, U.S. federal income tax policy has served a dual function as both tax and renewable energy policy. However, last month House Ways and Means Chairman David Camp (R-MI) released an expansive tax reform proposal in which a number of credits and deductions for renewable energy technology were recommended for repeal, effectively rewriting renewable energy policy by a proposed elimination of renewable energy from the federal tax code.

New York State is pushing its utility industry to shift away from a century-old business model into a system that can accommodate more power from solar and wind.

Electric utilities seeking the renewal of their franchises, and politicians seeking municipalization, both ignore the transformative possibilities of the microgrid. Microgrids represent a promising new business opportunity for both existing utilities and new entrants in the electricity business. Microgrid deployment will also provide the same public benefits as municipal control, likely more.

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.

The argument industrial polluters and their friends in Congress are making against the new Environmental Protection Agency plan to curb power plant carbon emissions should sound familiar. After all, it's the same scare tactic they trot out every time the government proposes stricter emission controls: exaggerate the cost, overstate job losses, and completely ignore the benefits.

Prime Minister Narendra Modi’s government plans to spend 15 billion rupees ($250 million) on programs to boost solar power and reform electricity supply to farmers to end blackouts in India.

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.

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.

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.

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.

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.

For the past two months, the flagship of the Royal Australian Navy ― the 28,000 tonne HMAS Canberra ― has provided a platform to promote some of Australia’s leading defence and humanitarian technologies and services to our neighbours in the Indo-Pacific.

Austrade recently held a number of roundtables in Melbourne, Brisbane, Newcastle and Perth to update Australian SMEs and industry groups about the export opportunities in Poland’s defence and aviation sectors.

The US defence market remains the world’s largest and can be a lucrative export market for Australian industry.

GE announced today that it sees a future in housing its renewable generation businesses (onshore and offshore wind, hydropower) alongside its grid businesses which include substations and transformers plus solar, storage and distributed energy resource (DER) control software. GE Renewable Energy CEO Jerome Pecresse said in a press conference that the move will simplify the lives of GE’s customers by giving them one point of contact for all of their renewable energy power needs.

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC), within the past month, the agency has dramatically revised its three-year forecast for changes in the U.S. electrical generating capacity mix. Sharp declines are foreseen for fossil fuels and nuclear power while accompanied by even stronger growth in renewable energy (i.e., biomass, geothermal, hydropower, solar, wind) than earlier projected.

Fossil fuels, long regarded for their high-energy return on investment, are not as efficient as once thought. In fact, their final yields are not much better than those of renewable options, according to a new study.

According to the latest forecast by BloombergNEF (BNEF), energy storage installations (not including pumped hydropower) around the world will multiply exponentially, from 9GW/17GWh deployed as of 2018 to 1,095GW/2,850GWh by 2040.

Coming on the heels of Gap’s announced 90-MW PPA with Enel Green Power, BloombergNEF released its 2H 2019 corporate energy market outlook in which it said that corporations signed contracts to purchase 8.6 GW of clean energy in 2019 through July, up from 7.2 GW at the same time last year.

The cost of producing hydrogen gas with renewables is likely to plummet in the coming decades, making one of the most radical technologies for reducing greenhouse gases economical.

Even as they touted ambitious proposals to reduce carbon emissions to a national audience, Democratic candidates for president tried to balance the boldness of their plans with the need for simplifying a complex scientific problem to make it palatable to voters.

All it took was a pandemic, but the long-running joke finally became a reality: DEF CON is canceled. 

The annual hacker conference in Las Vegas, Nevada, typically draws tens of thousands of attendees to talk shop, compare notes, and generally cause delightful mischief. One element of that mischief is the constant — and until now false — yearly claim that DEF CON is canceled. The coronavirus changed that, and the organization announced Friday that the in-person conference will not take place this year. 

"The #DEFCONiscanceled meme has crossed over into real life, courtesy of #COVID19," read the announcement. "In early March we had hopes that things would be stable by August. That is no longer realistic." Read more...

Government support for Australia’s defence industries is on the increase, as two government agencies extend collaboration.

Like many countries, Japan is undertaking a significant renewal and upgrade of its defence and security capabilities. The Japanese Government is spending just under A$370 billion on defence up until early 2024. With the industry gradually opening to collaborations with overseas partners, this presents many opportunities for Australian businesses.

A strong and trusted partnership between a Wuhan based distributor of Australian beef and their Australian supplier ensured shipments continued during the worst of the pandemic crisis.

The European Network and Information Security Agency has released a new guide on building effective IT security public private partnerships.

A strong and trusted partnership between a Wuhan based distributor of Australian beef and their Australian supplier ensured shipments continued during the worst of the pandemic crisis.