We expect high investment in renewable energy through 2020, but the path forward will be rockier than that of the past decade as policymakers turn to more discipline to protect the public purse.
2014 renewable energy data book from NREL
Published annually by the National Renewable Energy Laboratory (NREL) on behalf of the Energy Department’s Office of Energy Efficiency and Renewable Energy, the Data Book illustrates United States and global energy statistics, including renewable electricity generation, renewable energy development, clean energy investments, and technology-specific data and trends.
Renewable energy contractors take note – California Senate bill 350 is law
This article, from law firm Pillsbury Winthrop Shaw Pittman LLP is authored by Amy Pierce Get ready wind, solar, biomass, and geothermal energy and transportation electrification contractors! On October 7, 2015, California Governor Jerry Brown signed into law the “Clean Energy and Pollution Reduction Act of 2015.” The objectives of the Act are: (1) to increase…
Here are the world’s renewable-energy hotspots
After a record year of installations in 2014, renewables accounted for nearly half of all new power generation capacity last year, led by continued growth in countries including China, the United States, Japan and Germany. In fact, Bloomberg New Energy Finance predicts that by 2040, the world’s energy mix will have transformed from two-thirds fossil fuel to…
Renewables will drive Denmark’s cumulative installed capacity beyond 16 GW by 2025, says GlobalData
Denmark’s cumulative installed capacity is expected to expand from 13.5 Gigawatts (GW) in 2014 to reach 16.1 GW by 2025, rising at a Compound Annual Growth Rate (CAGR) of 1.7%, says research and consulting firm GlobalData. A single user license: $2,500 The company’s latest report* says that more than half of the total power generation…
Government policies will remain key to Europe’s renewable energy growth thru 2020
Renewable energy support methods, such as Feed-in Tariffs (FIT), quota obligations, capital grants, and subsidies, will continue to be instrumental in promoting Europe’s renewable energy industry growth by 2020, according to research and consulting firm GlobalData. The company’s latest report states that of the various support mechanisms in Europe, FIT’s have emerged as a particularly…
NREL releases its 2013 Renewable energy data book
United States overall energy consumption grew to 97.3 quadrillion Btu in 2013, a 2.4% increase from 2012. Energy consumption from coal and renewables grew slightly, while consumption from petroleum and natural gas fell slightly. A few key findings in the book include: United States electric power sector energy consumption grew to 38.4 quadrillion Btu in 2013,…
Partners 3TIER and Clean Electric expand to Russia and Ukraine
3TIER, a global leader in renewable energy assessment and forecasting, today announced that its partnership with Clean Electric is expanding to include Russia and Ukraine. Russia and Ukraine collectively have ambitious targets to add over 25 GW of renewable energy capacity within the next 10 years. Given these countries’ heavy reliance on fossil fuels for…
State-by-state resource for renewable energy
The American Council On Renewable Energy (ACORE) released the 2012 edition of its report, Renewable Energy in the 50 States, as an interactive, online resource. Compiling updated financial data, resource potentials, market and policy information in one easily-accessed, online format, the report is intended to be an executive summary for all who are interested in…
U.K. renewable energy capacity to equal thermal by 2025
Growing government support and significant untapped potential could lead the U.K.’s renewable energy capacity to almost match that of the traditionally dominant thermal sector by 2025, new research by alternative energy experts GlobalData shows. The company’s latest report predicts that the cumulative installed capacity of renewable energy plants will reach 79 GW by 2025 –…
Federal renewable policy changes could add up to tax savings
Federal government support has been crucial to growth in the solar and wind industries, and a new report by Climate Policy Initiative (CPI), “Supporting Renewables while Saving Taxpayers Money,” shows the government could sustain that support at much lower cost to taxpayers by replacing current tax credits with cash incentives. For example, a taxable cash…
Business index tracks renewable energy
This executive summary comes from a report by Bloomberg New energy Finance. Companies are becoming increasingly important drivers of demand for renewable energy worldwide. In addition to government-mandated renewable energy purchases, which are usually well-tracked for legal compliance reasons, the voluntary demand for renewable energy results in significant investments in green energy worldwide. Now in…
Midwest economy would get boost from clean energy investment, says study
Midwest residents would pay less for electricity, have more job opportunities, and breathe healthier air if their state adopted stronger clean energy standards, according to a peer-reviewed report from the Union of Concerned Scientists (UCS). The report, “A Bright Future for the Heartland: Powering the Midwest Economy with Clean Energy,” (http://www.ucsusa.org/clean_energy/solutions/big_picture_solutions/a-bright-future-for-the-heartland.html) shows Midwest states with…
Ohio university to help China with green R&D
The Department of State says Case Western Reserve University, Cleveland, will collaborate with the China National Offshore Oil Corp. – New Energy Investment Co., Ltd. (CNOOC), to find solutions to significant energy and environmental issues. Through this EcoPartnership, the two organizations intend to research and develop methods for greater energy efficiency. Possible projects include improving…
Renewable energy purchase can be easier for large power users
A recently launched Windfrastructure Partner Program lets large power users purchase renewable energy in a financially neutral manner. The program, devised by National Wind, Minneapolis, provides its partners with an economic interest in a new community wind project in exchange for buying electricity from the new project. Participating in the program is income-statement neutral because…
A worthy goal: 25% renewable energy by 2025
The headline here presents the simple goal for a Renewable Electricity Standard or RES, one echoed by the American Wind Energy Association and to some extent, 29 state governors. There is, however, only one tiny problem with the RES: It is not yet national policy. About a year ago, five CEOs from wind-industry manufacturers sat…
Windpower Explained – Drivetrain Explored
This Windpower event features engineering topics on drive trains, condition monitoring, maintenance & repair, bearings and market overviews. This event is designed for engineers, managers, power purchasers, maintenance personel and others related or interested in learning more about Windpower. Windpower Explained – Drivetrain Explored a special two day session exploring and discussing maintenance & repair…