- Last Chance! Today Is the Last Day to Nominate A Project of the Year and A Wo...
- Divesting from Fossil Fuels: Last One Out Loses
A new report written by Nathaniel Bullard at Bloomberg New Energy Finance (BNEF) highlights the difficulties large institutional investors would have divesting from fossil fuels. What it does not specifically discuss is that these difficulties could lead to large financial losses for investors who see the difficulty of divesting as a reason to delay.
- Expect $1.6 Trillion in Clean Energy Investments Through 2020, Says IEA
Investments in new clean-energy capacity will total $1.61 trillion through 2020 even as the expansion of renewables is expected to slow, the International Energy Agency said.
- US Renewable Electrical Generation Hits 14.3 Percent
According to the U.S. Energy Information Administration (EIA)'s latest "Electric Power Monthly" report, with data for the first six months of 2014, renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) provided 14.3 percent of net U.S. electrical generation. Conventional hydropower accounted for 7.0 percent, while non-hydro renewables provided an even larger share at 7.3 percent.
- 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.
- Renewable Energy Accounts for 100 Percent of New US Electrical Generating Cap...
According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's Office of Energy Projects, all new U.S. electrical generating capacity put into service in July came from renewable energy sources: 379 megawatts (MW) of wind, 21 MW of solar, and 5 MW of hydropower.
- UK Supermarket To Be Powered Exclusively by Waste-To-Energy Plant
U.K. retailer Sainsbury?s announced that it will power one of its supermarkets with 100 percent renewable electricity produced from an anaerobic digester, making it the largest retailer to be off-grid using an anaerobic digester.
- Australia Chills Hopes for $20 Billion Clean Energy Industry
Australia is frightening developers away from renewable energy even before the government decides whether to overhaul targets for the industry?s growth.
- Lubricating Energy Policy
The new report from the Taxpayers for Common Sense shows that oil companies paid just 11.7 percent of their U.S. income in federal taxes over the last five years, and the ?smaller? companies included in the study that reported positive earnings only paid 3.7 percent. To achieve such a low tax rate, oil companies were able to take advantage of special tax breaks and loopholes that allowed them to defer more than $17 billion in taxes they would have otherwise owed.
- Green Whiskey: Scottish Distillery To Be Powered by Combined Heat and Power P...
Scotland?s Macallan whisky distillery is set to get most of its heat requirement from a combined heat and power plant part-funded by the government.
- Expert Interview: Utilities Should Take Advantage of the Transformation
Perry Stoneman (pictured below), Corporate Vice President and Global Head of Sectors and Utilities at Capgemini, who will be speaking at this year's European Utility Week, says that it is not clear whether enough utilities have their digital roadmap in place. He suggests that utilities have the opportunity to be a part of this change but that they will need to plan ahead.
- Building Renewable Energy in the Developing World, Brick by BRICS
A group of five powerful nations has just created a new financial institution that may very well have a major influence on the growth of renewable energy in the developing world. At their sixth annual summit in July at the Brazilian city of Fortaleza, the so-called BRICS countries (Brazil, Russia, India, China and South Africa) officially established, as they had promised during last year?s summit, a new financial institution, the New Development Bank (NDB), to be based in Shanghai. The NDB?s purpose is to provide loans, guarantees and technical assistance to developing countries. In that respect, it is not at all different from the World Bank and similar institutions.
- Global Renewable Energy Status Uncovered
More than a fifth of the world's electrical power production now comes from renewable sources and in 2013 renewables accounted for more than 56 percent of all net additions to global power capacity. These remarkable conclusions come from this year?s Renewables Global Status Report (GSR) from REN21. This highly-regarded annual analysis ? the 2014 edition was released this summer ? concludes that renewable electricity capacity jumped by more than 8 percent overall in 2013, to produce some 22 percent of all global power production. Total global installed renewable electricity capacity reached a staggering 1,560 GW in 2013.