Geothermal Energy News
- 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.
- Only 4 Days Left to Nominate A Project of the Year and A Woman of the Year. N...
- 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
- 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.
- A Tipped Scale in California: Time to See the True Value of Geothermal
In 2004, California Public Utilities Commission (CPUC) passed the least-cost best fit (LCBF) rule as part of California?s Renewable Portfolio Standard procurement. This statute required utilities to select renewable resources that have the lowest cost and that best fit their system needs.
- 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.
- Could Africa be the Global Epicenter of Renewable Energy by 2030?
Today, headlines like ?Africa Rising? and ?Africa Ascending? are often used around the world to describe the unprecedented transformation and steady economic growth on the continent. Over the past 12 months, I have attended several conferences in Africa and other parts of the world where this theme has been sounded. The promising economic prospects for sub-Saharan Africa is also highlighted in the Africa Progress Panel 2014 report titled, Grain, Fish Money ? Financing Africa?s Green and Blue Revolutions.
- 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.