Geothermal Energy News
- Exploring Finance Options: Yield-cos Don?t Fit the Bill for Many Renewable En...
Yield-cos have been grabbing headlines lately. Typically, large utilities spin off their high-yield alternative energy operations into separate smaller companies called yield-cos. These new companies are then taken public to attract individual and institutional investors.
- 2030 Outlook: A Trillion Dollar Taxpayer Bailout for Electrical Utilities
After bailing out Wall Street in 2008, are Americans ready to provide a one trillion dollar bailout to our electric utilities in 2030? Even though worldwide demand for energy is estimated to rise 41 percent by 2035, Barclays recently downgraded their outlook for utilities. The question we should ask ourselves is what does it mean when you downgra
- Obama?s International Climate Strategy: More Grease for Renewables
It was good news for renewable energy when President Barack Obama in June proposed carbon dioxide restrictions on existing power plants. It is even better news now that he may use the plan to leverage an international climate accord.
- Ten Clean Energy Stocks for 2014: September Update and Thoughts on the Finave...
Clean energy stocks and the market in general rebounded strongly in August. My broad market benchmark of small cap stocks, IWM, rose 4.5 percent, returning to positive territory up 1.7 percent for the year. My clean energy benchmark PBW also jumped back into the black with an 11.1 percent gain for the month and 10.8 percent for the year to date.
- California Takes Steps Toward a New Policy Structure for Renewable Power
The California legislative session that ended last week saw geothermal initiatives at the forefront of public discussion. Geothermal supporters sought to take steps towards a new policy structure that should favor a diversity of renewable technologies. Positive accomplishments included a first-ever Geothermal Awareness Day that brought operators from all over the state to the Capitol to raise geothermal?s profile.
- A Rarely Tapped City Strategy for Boosting Local Renewable Energy
Many cities served by private utilities think they have little capacity to encourage local renewable energy development. But a largely untapped tool ? utility franchise contracts ? may hold the key. There are two kinds of city energy systems: publicly owned or privately owned. Cities with municipal utilities already have the power to implement the
- Drillers Look for Geothermal in the Depths of Paris
In the midst of a suburban sprawl halfway between the Eiffel Tower and Paris?s busy Orly airport, a drilling crew works night and day burrowing deep into the Earth?s crust in search of underground heat.
- Australia's Renewable Industry Imperiled Pending Policy Review
A government-appointed panel gave Australian Prime Minister Tony Abbott two options to cut emissions more cheaply: either scrap or weaken its main clean energy program.
- 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.
- Geothermal Visual: Borrowing a 'Play Fairway' from the Oil and Gas Industry
The map below is shaded grey in the project areas for the geothermal teams that were chosen by the Department of Energy?s Geothermal Technologies Office to receive funding and support in the current ?Play Fairway? award opportunity. The Geothermal Technologies Office announced up to $4 million for eleven projects for the Play Fairway Analysis, a su