- 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.
- 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.
- Global Renewable Energy Status Uncovered
More than a fifth of the world's electrical power production now comes from renewable sources and in 2013 renewables accounted for more than 56 percent of all net additions to global power capacity. These remarkable conclusions come from this year?s Renewables Global Status Report (GSR) from REN21. This highly-regarded annual analysis ? the 2014 edition was released this summer ? concludes that renewable electricity capacity jumped by more than 8 percent overall in 2013, to produce some 22 percent of all global power production. Total global installed renewable electricity capacity reached a staggering 1,560 GW in 2013.
- Less than Two Weeks Left to Nominate A Project of the Year and A Woman of the...
- IRS Clarifies Beginning of Construction Rules for Renewable Energy Projects
The US Internal Revenue Service (IRS) has released Notice 2014-46 (the Notice), which provides further clarification about how a taxpayer can satisfy the requirement that construction of a renewable energy project began before January 1, 2014. The Notice, released on August 8, 2014, is welcome news for the renewable energy industry, which has been anxiously awaiting further guidance with respect to two aspects of the so-called ?begin construction? requirement. The Notice addresses those two aspects and modifies a third aspect of the requirement.
- China, Brazil Consider Publicity Blitz to Steer Climate Debate
China and Brazil are looking for ways to redirect a global climate debate, which they say unfairly accuses developing nations of delaying limits on fossil-fuel pollution.
- India to Sart Construction on German-backed $8 Billion Renewable Grid Project
India will begin construction this year on an $8 billion project backed by Germany?s development bank to upgrade its grid to handle a more than doubling of renewable power capacity by 2022.
- Simulation Models Optimize Hydropower Potential
Researchers at the Fraunhofer Institute of Optronics, System Technologies and Image Exploitation IOSB in Ilmenau are developing information technology to make water power generation systems more efficient. The Advanced System Technology (AST) department is creating simulation and optimization models that consolidate external factors such as weather data, water levels and market prices with system infrastructure and generate optimized plans for operational facilities, such as the opening and closing of sluice gates, reservoir water level regulation and hydro turbine operation.
- Ten Clean Energy Stocks For 2014: August Update
July was a hard month for the stock market and clean energy stocks in particular. My broad market benchmark of small cap stocks, IWM, fell 7 percent and is down 2.7 percent for the year, while my clean energy benchmark PBW fell 9% and has slid into the red for the first time. It is down 0.1 percent for the year to date.