- 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.
- One Electric Utility Is Carbon Neutral Today
It?s one thing to own your utility and have a commitment to renewable energy, but it?s another thing to deliver. The municipal utility in Palo Alto, CA, set an ambitious target of 33 percent renewable energy by 2015 and to ultimately deliver a carbon neutral electricity supply. They will reach 48 percent renewable power in 2017 and met the carbon n
- The Power of Salt
Where the river meets the sea, there is the potential to harness a significant amount of renewable energy, according to a team of mechanical engineers at MIT.
- South Africa Approves Treaty for $100 Billion Inga Hydropower Project
South Africa?s Cabinet approved a treaty signed with the Democratic Republic of Congo to begin development of a hydropower project that will eventually cost about $100 billion and generate 40,000 megawatts of electricity.
- 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.
- 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.
- 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.