Geothermal Energy News
- Utility Nightmares: Distributed Generation and Halving Electricity Consumption
While many utility executives attribute much of their predicted market challenges to the rise of photovoltaics and net metering, they actually have much more to worry about.
- Clean Energy Investment Rises 9 Percent, Led by Solar-Power Demand
Clean energy investment rose by 9 percent in the first quarter from a year earlier on surging demand for rooftop solar panels from the U.S. to Japan.
- Where?s the Heat? Geothermal Industry Seeks Resource Assessment Tools to Spur...
Commissioning a geothermal project is no easy task. Of all the renewable energy technologies, it has one of the longest project lead times ? it can take an average of eight years from start to finish. Due to its heavy front-end expense, developers must be as certain as possible that they are spending time and money on a viable resource. So when drilling through hot rock, imagine the developer?s surprise ? and utter disappointment ? when equipment suddenly melts away after hitting magma.
- CEO of German Utility RWE Says It Should Have Invested in Renewable Energy So...
What?s a beleaguered utility to do when forced by the government to close its profitable nuclear power plants?
- Distributed Generation Shines in Thailand
Electricity generation today is moving towards a more decentralised model where generation is close to demand. Possible benefits are diminished transmission and distribution losses and investments, improved energy efficiency, and increased security of supply. Implementing a large central power plant is extremely challenging in terms of site availability, as well as public concern about environmental issues.
- When Renewables Meet the Oil and Gas Industry, Opposites Attract
At first glance, pairing renewable energy with the oil and gas sector would seem an unlikely match. But behind the curtain, romance could be blooming.
- Global Renewable Energy Should Triple to Save Climate, UN Panel Says
The world needs to triple the energy it gets from renewables, nuclear reactors and power plants that use emissions-capture technology to avoid dangerous levels of global warming, United Nations scientists said.
- Post-Fukushima Japan Taps Coal Over Renewables
Prime Minister Shinzo Abe is pushing Japan?s coal industry to expand sales at home and abroad, undermining hopes among environmentalists that he?d use the Fukushima nuclear accident to switch the nation to renewables.
- State Legislature Hearing: Why Isn't California Using More Geothermal?
Geothermal potential was the subject of a joint committee hearing in California on April 3 led by State Senator Ben Hueso, D-40th Senate District, and Assemblyman V. Manuel Pérez, D-46th Assembly District. As the hearing began, Senator Hueso, who is Chair of the Senate Select Committee on California?s Energy Independents, and Assemblyman Pérez, Chair of the Assembly Select Committee on the Renewable Energy Economy in rural California, each expressed their interest in understanding why the state is not using more of its untapped geothermal resources. Of particular interest for California lawmakers, industry, and consumers alike are the areas near the Salton Sea familiar to the geothermal industry for their immense potential for power development.
- IKEA Enters US Wind Market With Largest Renewables Investment to Date
IKEA is at it again. In an effort to achieve its goal of producing more renewable energy than it consumes by 2020, the retail giant announced yesterday that it has purchased the 98-MW Hoopeston wind farm in Illinois. This purchase marks its first wind project investment in the U.S. and largest renewables investment globally. IKEA will own the wind farm and U.S.-based developer Apex Clean Energy will manage the project.
- UPDATE: UK Announces Renewable Heat Tariffs
UPDATE: The U.K. government yesterday launched its Domestic Renewable Heat Incentive (d-RHI), which pays households that generate heat and hot water using renewable energy systems such as solar hot water, geothermal heat pumps and biomass heating.
- Tax Code of Honor: US Congress Must Choose a Clean Energy Future
Senate Finance Committee Chairman Wyden has officially begun consideration of legislation to reinstate a suite of tax credits that big polluters and their allies succeeded in getting Congress to let expire, including vital, commonsense policies that promote clean energy.
- Capital for Clean Energy Easier to Find as Investors Seek Simplicity
Simplifying finance vehicles for renewable energy will lure more investors and lower the costs of capital.