Geothermal Energy News
- Three Years after Fukushima: Lulled into the Myth of Safety?
World sentiment seemed to steer away from nuclear energy and toward more renewables following the disaster at Japan's Fukushima-Daiichi nuclear plant on March 11, 2011. Three years later, have we forgotten?
- Up All Night: US Senate To Address Climate Change Options
More than two dozen legislators are pulling an all-nighter tonight (Monday March 10) on the Senate floor to talk about climate change and what actions must be taken.
- Last Week To Submit an Abstract for Renewable Energy World North America! Don...
- PJM Grid Operators: We Can Handle 30 Percent Renewable Energy Integration, An...
Experts believe that the PJM Interconnection system, which encompasses all or parts of Delaware, Illinois, Indiana, Kentucky, Maryland, Michigan, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia and the District of Columbia, can handle up to 30 percent of its energy from wind and solar without "any significant reliability issues," assuming transmission upgrades and additional regulation reserves ? and at the same time reducing costs and reliance on its costlier conventional generation fleet.
- Hawaii Senator Blasts Agencies for Geothermal Project Standstill
Attorneys and a state Senator are getting involved in a still-unawarded geothermal contract Hawaii Electric Light Co. (HELCO) had originally said would be awarded before the end of 2013. The RFP was posted in early 2013 and asked for a 50-MW influx of geothermal power development on the Big Island of Hawaii. Disruptions caused by the continuing delay include losses of the companies that submitted proposals, and a breach of public trust lawsuit has been brought against the State of Hawaii; Governor Neil Abercrombie; the Public Utilities Commission (PUC); Department of Commerce and Consumer Affairs; Department of Business, Economic Development, and Tourism; Hawaiian Electric Company (HECO); Maui Electric Company; Hawaii Electric Light Company (HELCO); and Hawaiian Electric Industries (HEI).
- Ten Clean Energy Stocks for 2014: March Update
After a rough January, the stock market recovered in February, while clean energy stocks partied like it was 2013.
- Navigating the Winding Road of Geothermal Project Financing, Part I
It is no secret that renewable energy project development cycles present many unique challenges ? as well as promising opportunities ? for developers, investors and power users alike. Geothermal energy project development in particular can be a challenging endeavor, based on the extended timelines involved in successfully proving a resource, mitigating drilling risk and managing the subsurface reservoir on an ongoing basis. These are unique ?geo sector-specific? issues that must be managed, in addition to the typical power plant development and construction issues inherent in any energy project endeavor. Due to these challenges, the corresponding financing of geothermal projects must be carefully tailored to match these specific features.
- Renewable Energy in MENA Area to Double Next Year, Desertec Says
Clean energy assets in the Middle East and North Africa will more than double in capacity by the end of next year, the Dii GmbH industry association said.
- Energy Price Concerns Resonate in EU Talks on 2030 Climate Goals
The European Union should ensure that future climate and energy policies do not undermine the competitiveness of its industry, already weakened by a price gap with the U.S., the bloc?s member states said.
- Readers Respond Day 6: Can We Reach 100 Percent Renewable Energy?
Several countries have announced ambitious goals to be powered completely by renewable energy, while other nations set smaller, incremental goals. These high aspirations have sparked quite a debate amongst industry experts, and we here at Renewable Energy World are curious to hear what you, our readers, have to say.
- The US Department of Energy?s 2014 Budget Request: Implications for Renewable...
U.S. President Obama signed the $1.1 trillion compromise spending bill that funds the government through September 2014 on January 17, 2014. The bipartisan budget temporarily brought an end to forced budget cuts and constant infighting over funding in Congress. The new budget eases many of the sequester-imposed spending cuts while reducing the federal deficit by about a trillion dollars over the next ten years.
- Austin, Texas Approves Wind Power Agreement to Achieve Utility's Renewables G...
The Austin, Texas, City Council approved a wind power contract Feb. 27 that enables Austin Energy to achieve its goal of delivering 35 percent of all of its electricity from renewable sources four years ahead of its goal, the utility said in a news release.
- Africa Takes First Steps Towards Renewables Revolution
South Africa is leading the development of renewable energy in Sub-Saharan Africa, but other countries are now beginning to follow. Ben Willis considers the challenges that await them.