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.

Warren Buffett wants to tell you the best time to wash your clothes. Or at least his energy company in the U.K does. Buffett’s Northern Powergrid Holdings Co. is working with Siemens AG to test a so-called smart grid that has the ability to control when consumer appliances will be used in the home.

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.

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

News related to the worldwide marine hydrokinetics industry from November-December 2014

Serbia seeks to unblock investment in renewable energy after adopting legislation that opens gas and power markets in line with European Union guidelines.

News related to the marine hydrokinetics industry in North America for December 2014

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

Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.

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.

U.K. electricity from low-carbon sources accounted for almost a quarter of the country’s generation in the fourth quarter as Drax Group Plc converted a second coal-power plant to burn wood.

Jim Keffer is Republican state lawmaker in Texas with a permit to carry a concealed weapon and doubts about whether human activity is causing global warming.

Global investment in clean energy slumped 15 percent in the first quarter to the lowest level in two years because of a decline in wind and utility-scale projects.

Political deadlock over Australia’s clean energy future is prompting companies such as Vestas Wind Systems A/S and Acciona SA to increasingly turn to rival markets for growth.

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.

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.

Sweden and Norway will probably exceed a joint target for renewable energy production by the end of the decade, industry consultant Nena AS said.

Bonds backing clean energy and other sustainable initiatives are booming. Investors are snapping up green bonds at the fastest pace on record, as big banks like Morgan Stanley and Bank of America Corp. pile in with new issuance to feed the growing appetite for socially responsible investments.

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.

Stocks of clean-energy companies are proving to be better investments than those of companies that produce most of the Western Hemisphere's power, and are outperforming the rest of the stock market as well.

The evidence is found in the New York Stock Exchange Bloomberg Americas Clean Energy Index. Its 141 companies, all based in North and South America, returned 32.62 percent in the past two years. In contrast, the 40 conventional-energy companies in the Standard and Poor's 500 Energy Index returned 1.02 percent over the same period, according to data compiled by Bloomberg.

Clean energy also is beating the rest of the stock market. The Clean Energy Index is up 6.02 percent so far this year. Lagging behind are both the S&P 500 and the Russell 3000 Index, which gained 3.12 percent and 3.86 percent respectively in 2015.

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.

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.  

Lignum Vitae North America LLC will donate bearings to any of the 20 teams advancing to the next phase in the Wave Energy Prize Challenge sponsored by the U.S. Department of Energy’s Water Power Program.  

During the Ocean Energy Europe 2015 conference held in Dublin, Ireland, in late October, about 500 high-level delegates, which included European Union and Member States business leaders and energy ministers, were presented a draft of the “strategic roadmap” for developing the European marine hydrokinetics (MHK) energy sector.
 

Tidal energy developer Atlantis Resources remains on track to deliver power to the Scottish power grid from the MeyGen site in the coming year, according to an end-of-year statement issued by the company earlier this week.

Capping a busy February for the European Marine Energy Centre is an announcement that tidal turbine manufacturer Tocardo has signed a 20-year deal for testing at EMEC's array in Orkney.

The New Development Bank (NDB), which has an authorized capital of US$100 billion, could provide additional opportunities to fund development of new hydroelectric projects.
 

Tidal energy developer Atlantis Resources Ltd. has entered into a partnership agreement with infrastructure developer, investor and fund manager Equitix worth at least US$714 million.

Scotland-based power and environmental consultant Aquatera Ltd. Has entered into a partnership with the Nagasaki Marine Industry Cluster Promotion Association in an effort to help Japan bolster its marine energy sector through international collaboration.

A report released this month by PricewaterhouseCoopers (PwC) indicates hydropower development in India can play a crucial role in the country’s sustainable energy security if sites for new installed capacity -- among other things -- are accessible, stable and affordable.
 

Recently I traveled to San Francisco to participate in international efforts to meet the challenge of climate change and accelerate the global transition to clean energy. The main event was the Seventh Clean Energy Ministerial (CEM7), a meeting of 23 countries and the European Commission.

Brexit; It’s been the buzz word dominating the media recently and it’s likely to continue for some time. The UK’s decision to leave the EU has left both supporting sides of the ‘leave’ and ‘remain’ campaign in a somewhat collective state of uncertainty as to how this decision will impact the country right now and in the future years.

Venezuela's government is lifting electricity rationing that began more than two months ago due to drought and rising temperatures that affected water levels at the 1,500-square-mile Guri Reservoir.
 

The U.S. Department of Energy released the long-awaited Hydropower Vision report -- alongside $9.8 million in funding for hydroelectric power -- earlier today at HydroVision International 2016 in Minneapolis.

The U.S. Department of Energy released the long-awaited Hydropower Vision report -- alongside $9.8 million in funding for hydroelectric power -- earlier today at HydroVision International 2016 in Minneapolis.

British Columbia-based tidal developer, Yourbrook Energy Systems Ltd., is testing what it calls a prototype of a shallow water tidal-powered generator pump that could one day be used as part of a pumped storage hydroelectric project.
 

Carnegie Wave Energy Ltd., in a press release on Nov. 1, announced it intends to change its name to Carnegie Clean Energy Ltd. (CCE).
 

The first power has been produced at the MeyGen tidal power site in Scotland, according to project developer Atlantis Resources Ltd.

U.S. Sens. Ron Wyden, D-Ore., Jeff Merkley, D-Ore., Lisa Murkowski, R-Alaska, and Patty Murray, D-Wash., today announced funding will be awarded to build the United States’ first open-ocean, power grid-connected wave energy test facility at a site off the Oregon coast, according to a U.S. Senate press release.
 

Power Africa and Trade Africa Coordinator, Andrew Herscowitz, announced on Feb. 14 during the Abuja Electricity Distribution Co.’s two-day Distribution Company Workshop in Abuja, Nigeria, that the U.S. will invest US$1billion in the country through the U.S. Trade and Development Agency (USTDA).

A European marine energy project program under the new Ocean Energy ERA-Net Cofund (Oceanera-NET Cofund) is proceeding with stage two, Cofund Joint Call 2017, on March 20.  

The user selection board of the €11 million (US$11.8 million) Funding Ocean Renewable Energy through Strategic European Action (FORESEA) project has awarded “Recommendations for Support” to 15 offshore renewable energy technologies, according to an announcement today from FORESEA.  

In a portion of her statement delivered yesterday to the European Union, United Kingdom Prime Minister Theresa May said, “I hereby notify the European Council in accordance with Article 50 of the Treaty on European Union of the United Kingdom's intention to withdraw from the European Union.”
 

A new paper is being launched today at the House of Lords in London that challenges government, regulators and companies working on clean energy to make gender diversity a key priority. The paper has been produced by the EWiRE network, set up by Regen to provide a vibrant network for women working in clean energy.

New Hampshire is preparing to follow the lead of other New England states and create a system for procuring renewable energy on behalf of residents.

When Hurricane Maria devastated Puerto Rico, it cut short nearly 3,000 lives, displaced thousands of families, and subjected the commonwealth to the longest energy blackout in U.S. history. This tragedy invited a new vision for Puerto Rico’s battered electric grid, and I hoped that a central tenet of the rebuilding effort would be an aggressive move toward safe, abundant and resilient clean energy.

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.

Distributed Energy Resources (DER), such as residential solar panels, are not only changing the way energy systems operate, they also present an opportunity to change the way local communities operate by giving consumers the ability to sell excess energy, generated by microgrids or renewable set-ups, to their neighbors – it’s the new energy paradigm.