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.

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.

Sweden and Norway agreed to boost their target for renewable energy production amid concerns the additional capacity will exacerbate a power glut and strain the region’s electricity grid.

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…

This week New York Governor Andrew M. Cuomo announced the signing of an agreement between the New York Power Authority (NYPA) and State University of New York Polytechnic Institute (SUNY Polytechnic) that aims “to create a world-class facility devoted to energy technology innovation and the rapid deployment of smart-grid technology to modernize New York's electric grid.”

Investors have spent more than $2 trillion on clean-energy plants in the past decade and last year added more renewable capacity than ever before.

In our second annual survey on American homeowners’ attitudes toward clean energy, one thing is resoundingly clear. In a nation divided on climate change, immigration policy, and so many other issues, Americans are overwhelmingly united in their support of renewable energy.

We've made great progress with renewable energy — but from an almost zero base we still have a long way to go. Fortunately, the path is clear. California is already over 12 percent with a combination of hydroelectric, wind and solar (unfortunately not much hydro this year). Getting to 50 percent only requires the deployment of existing technology. But can we get to 100 percent?

The race for renewable energy has passed a turning point. The world is now adding more capacity for renewable power each year than coal, natural gas, and oil combined. And there's no going back.

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.

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.

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.

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.

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.

The surprise Conservative victory in the recent UK elections have some worrying about the future of renewable and climate progress, but officials are now calming those fears.

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.

Ongoing growth in renewable energy investment and deployment is creating jobs worldwide — and lots of them. This job growth is helping governments address a fundamental economic problem plaguing developed and developing countries alike. Deploying renewables rather than fossil fuel capacity is also reducing greenhouse gas (GHG) emissions and other environmental pollution that holds the threat of a sixth great extinction.

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.

Every industry has its challenges and misunderstandings. Sometimes the obstacles we face in simply trying to do our jobs can be very frustrating.

Wednesday morning’s 'Regulation and the Marketplace' panel discussion at POWER-GEN Europe in Amsterdam got off to a lively start with a presentation from Randy Mott, president of Polish biogas- and geothermal-based combined heat and power (CHP) project developer CEERES and vice-president of Poland's biogas association.

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.

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.

The headline figure from the authoritative REN21 Renewables Global Status Report 2015 (GSR) states renewables accounted for more than 59 percent of all new electricity generating capacity installed worldwide during 2014.

In a lopsided 23-3 vote, the U.S. Senate Finance Committee voted yesterday to extend a number of renewable energy production tax credits through the end of 2016. The vote allows developers of wind, geothermal, biomass, landfill gas, incremental hydroelectric, and ocean energy to take advantage of federal tax credits for projects begun before December 31, 2016.

Chief among big renewable winners was the wind energy industry, which received extensions to the Production Tax Credit (PTC) and the Investment Tax Credit (ITC). If passed, wind farms would qualify for a 2.3-cent-per-kilowatt-hour (kWh) credit through the end of 2016.

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.

After a year of being pummeled by opponents, Obama’s final carbon reduction plan emerged this week with an even stronger push for renewable energy.

Wind and solar energy are centerpieces of the Clean Power Plan, the United States’ first ever rule to reduce carbon dioxide from power plants.

The rule not only makes renewables one of the plan’s three central building blocks, but also creates special incentives to spur communities to build renewables more quickly than required.

The revised version of the rule comes after a year of review, hundreds of meetings and 4.3 million public comments delivered to EPA.  It requires that states come up with plans to cut carbon pollution from power plants by 870 million tons, or 32 percent below 2005 levels, in 2030.

According to the most recent issue of the "Monthly Energy Review" by the U.S. Energy Information Administration (EIA), with data through June 30, 2013, renewable energy sources (i.e., biofuels, biomass, hydropower, geothermal, solar, and wind) provided 9.81 percent of U.S. energy consumption and 11.82 percent of domestic energy production for the first half of 2013.

So here we are: the U.S. federal government is in shutdown mode after Congress failed to pass the budget. We've seen this several times in the past couple of decades, usually ranging from a few hours to a few days, though the most recent one lasted nearly a month from late 1995 into early January 1996.

Mandatory spending cuts triggered by the March 1st sequester (automatic spending cuts) in the U.S. are being felt across the renewable energy sector sparking fears that reduced federal investment could curtail research, development and commercialization of new renewable energy technologies.

Germany’s power grid operators boosted the surcharge consumers pay for renewable energy by 18 percent to a record, adding to pressure on Chancellor Angela Merkel’s government to act against rising electricity bills.

One of Europe's largest utilities is on the cusp of reportedly transforming its business from being a centralised energy provider into a decentralized energy provider.

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 SEC has finally proposed its rules to allow crowd-funding under the Jumpstart Our Business Startups (JOBS) Act. What do they mean for small-scale investments in renewable energy companies and projects?

Historical events have a way of jolting us – again and again and again – into the reminder that energy plays a big role in our well-being.

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.

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).

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.

As the renewable energy market shifts and evolves each year, industry experts need to know where the next hot region will be in order to keep up with the changing tides.

As the renewable energy market shifts and evolves each year, industry experts need to know where the next hot region will be in order to keep up with the changing tides.

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.

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.

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.

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.

Prime Minister David Cameron urged the European Commission to reject calls for a renewable energy target, saying such a plan may cost U.K. consumers 9 billion pounds ($14.8 billion) a year by 2030.

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.

Renewable energy companies will derive more of their funding from bond markets as banks curb lending to the industry, Citigroup Inc.’s head of environmental finance said.