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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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It Turns Out That You Can’t Divide Americans Over Renewable Energy

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.




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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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Japan Anticipates Clean Energy Will Edge Out Nuclear Power

Japan anticipates that by 2030 clean energy such as solar and hydro will generate slightly more of the nation’s electricity than nuclear power plants.




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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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The Way Humans Get Electricity Is About to Change Forever

Trillions of dollars will be invested in renewable energy over the next 25 years, driving some of the most profound changes yet in how humans get their electricity. That's according to a new forecast by Bloomberg New Energy Finance that plots out global power markets to 2040. 




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Germany Gives Dirtiest Coal Plants Six Years for Phase Out

German Economy Minister Sigmar Gabriel said 13 percent of power stations burning lignite, a cheap form of coal, would be phased out by 2021 under a program to cut power industry pollution. The government abandoned talks on proposals to impose a climate-change fee that the industry said would have forced mines and plants to close, threatening jobs.




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NHA announces 2016 Outstanding Stewards of America's Waters Award winners

Five companies were recognized this week by the National Hydropower Association during its annual Waterpower Week in Washington conference for work in hydroelectric power that exemplifies "extraordinary recreational, historical, environmental or educational value."




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What the US Government Shutdown Means for Renewable Energy

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.




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Alternative Energy Outperforms All Other Sectors in September

Alternative energy mutual funds (MF) racked up extremely robust gains in the past year. Returns range from a low of 16 percent, to a high of 64 percent for a mutual fund that is heavy into solar investments. Exchange traded funds (ETF) also did well, but returns are much more variable. They range from a loss of 34 percent for a carbon ETF, to more than doubling of a solar ETF.




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Big Corporations Embracing Microgrids: A Threat for Utilities?

Oracle Corp. Chief Executive Officer Larry Ellison plans to build one to power the Hawaiian island he bought last year. EBay Inc. has one to run a data center. The University of California at San Diego and the federal government have invested tens of millions of dollars in the technology.




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Major European Utility Set for Dramatic Renewable Energy Transformation

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.




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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.




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International Geothermal Market Set for Development Boom but Challenges Remain

What’s the next big opportunity for geothermal? According to panelists at last week's Renewable Energy World North America international geothermal session, it’s emerging markets. Kicking off the two-hour discussion, special guest Agnes Dasewicz of the U.S. Agency for International Development (USAID) explained the Power Africa initiative, which launched in June 2013. USAID is attempting to unlock energy growth in six countries: Kenya, Tanzania, Ghana, Nigeria, Liberia, and — of particular interest to the geothermal crowd — Ethiopia.




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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.




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World Bank Prepares Djibouti’s Geothermal Project for Private Sector Expertise

Developing countries that are interested in geothermal energy may see transformational results by approaching World Bank and other institutions, as Djibouti did. In an interview, the World Bank Djibouti geothermal project team talks about the project investment, lessons from Kenya’s experience, and preparations that are being made for the private sector to take up the next steps.




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Latin America Report: Solar's Auction Debut in Brazil

After being shut out of previous renewable energy auctions, and delaying its own auction by two weeks, the state government of Pernambuco held the nation's first solar energy auction on December 27, registering 122.82 MW of energy, six times the country's current entire solar energy output (20 MW). The auction involved 34 bidders proposing roughly 1 GW of capacity; at the end it was narrowed to six companies from Brazil, Italy, Germany, China and Spain. Average price of power finished trading at 228.63 Brazilian reais/MWh (just under U.S. $97), about 9 percent lower than the starting price of R 250.




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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.




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Citi Sees Capital Markets Reviving Renewables as Banks Bow Out

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.




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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.




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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.




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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?




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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.




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Obama Bid to Cut Greenhouse Gases Divides Utility, Coal Industries

Bracing for greenhouse-gas rules from the Obama administration, two industries are staking out different positions. Coal companies are pledging to sue. Electric utilities are ready to talk.




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Australia Renewable Target Cuts Would Deter Investment, Say Manufacturers

Vestas Wind Systems A/S said scaling back Australia’s renewable energy target would cut the value of more than A$10 billion ($9.4 billion) in large projects across the industry and discourage international investors.




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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.




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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.




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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.




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Are Environmental Regulations Causing US Utility Bills to Surge?

U.S. electricity markets face years of higher prices as clean-air regulations shut more coal-fired power plants than earlier forecast, cutting supply and forcing producers to rely more on natural gas.




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Gas and Coal To Replace Hydropower in Brazil, Pollution to Follow

The Brazilian government is seeking to award contracts in an auction tomorrow for natural gas- and coal-fueled power plants, reversing a drive that previously favored renewable-energy projects. It would lead to the first new thermal plants in three years, after the government scaled back such projects and awarded wind contracts starting in 2009 and solar energy earlier this year.




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German Utility EON To Ditch Fossil Fuel Arm, Focus on Renewables

EON SE’s plan to spin off its fossil fuel plants marks a watershed moment in Germany’s renewables effort that will likely bolster the country’s already leading position in clean energy.




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India Plans Renewables Splurge, But Will Not Commit to Carbon Plan

India, the world’s third-largest polluter, will spend at least $100 billion on climate-related projects but isn’t ready to follow China and the U.S., the top two emitters, in promising to limit its fossil-fuel emissions.




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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.




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Utility GDF Suez Plans to Double European Renewable Capacity by 2025

GDF Suez SA plans to double renewable power production capacity in Europe over the next decade as the utility shifts its focus away from developing more historic natural gas and nuclear energy sources in the region.




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Enel Putting Final Touches on Yieldco for US Renewable Assets

Enel SpA is putting the final touches on a yieldco that would hold its U.S. renewable energy assets, making it the latest power-plant owner to opt for a structure that frees up capital.




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Sweden, Norway Increase Renewable Target Amid Power Glut Concern

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.




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Obama Orders US Agencies to Cut Carbon Emissions 40 Percent by 2025

President Barack Obama ordered the federal government to reduce greenhouse gas emissions by 40 percent from 2008 levels over the next 10 years by shifting to renewable energy sources such as solar power.




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Beijing to Shut All Major Coal Power Plants to Cut Pollution

Beijing, where pollution averaged more than twice China’s national standard last year, will close the last of its four major coal-fired power plants next year.




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Mexico Pledges to Cut Emissions 25 Percent in Climate Change Milestone

Mexico has become the first developing nation to formally promise to cut its global-warming pollution, a potential milestone in efforts to reach a worldwide agreement on tackling climate change.




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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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Japan Anticipates Clean Energy Will Edge Out Nuclear Power

Japan anticipates that by 2030 clean energy such as solar and hydro will generate slightly more of the nation’s electricity than nuclear power plants.




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Scientists Start $150 Billion Program to Cut Clean Energy Costs

Scientists and economists including BP Plc’s former chief executive officer, John Browne, are inviting governments to join a $150 billion program that aims to make clean energy cheaper than coal.




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German Utility's Race for Renewables Seen as Too Little, Too Late

RWE AG, the German utility whose coal-fired plants make it Europe’s largest carbon emitter, officially started the company’s largest renewables project on Thursday: a wind farm in Liverpool Bay off Britain’s coast.




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The Way Humans Get Electricity Is About to Change Forever

Trillions of dollars will be invested in renewable energy over the next 25 years, driving some of the most profound changes yet in how humans get their electricity. That's according to a new forecast by Bloomberg New Energy Finance that plots out global power markets to 2040. 




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Germany Gives Dirtiest Coal Plants Six Years for Phase Out

German Economy Minister Sigmar Gabriel said 13 percent of power stations burning lignite, a cheap form of coal, would be phased out by 2021 under a program to cut power industry pollution. The government abandoned talks on proposals to impose a climate-change fee that the industry said would have forced mines and plants to close, threatening jobs.




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China settles trade dispute with Europe over solar power components

A trade agreement with China will give European companies the opportunity to compete in the Chinese solar power market, the EU's trade commissioner said.




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U.N. envoy says military gain trumping diplomacy in South Sudan

Rival parties to the conflict in South Sudan are putting military gains ahead of political settlement, a top U.N. official told the Security Council.




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Obama optimistic about prospects for Iranian nuclear agreement

There's a chance for Iran to reach a comprehensive nuclear agreement that would benefit its people if the rights steps are taken, President Obama said Thursday.