Wind Power News
- Third US Offshore Wind Lease Auction Goes to Italy-based US Wind
The U.S. Bureau of Ocean Energy Management (BOEM) held its third auction of offshore wind leases yesterday, this time for prime U.S. federal waters off the coast of Maryland. Italian renewable energy company US Wind Inc. won the 80,000-acre parcel with an $8.7 million bid, well above previous auctions.
- 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.
- China?s Wind Power Industry Shows Overall Recovery
China?s wind power market is ushering in a second prosperous period after nearly three years in the doldrums, with many publicly listed companies seeing better results.
- A Future for Flywheel Storage? Alaskan Project May Lead to Technology Uptick,...
Beacon Power LLC predicts an Alaskan island?s use of its flywheels to store energy from a power plant will pave the way for more widespread application of the technology to help cut the use of fossil fuels.
- The Power of Collective Energy Purchasing
"We can't do it as an individual, but four hundred communities aggregating and asking for local wind power and solar power ? that's really powerful." Oak Park, IL, is one of hundreds of Illinois towns using their authority to buy electricity in bulk on behalf of its residential and small business customers. So far, most communities have used the po
- 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.
- 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...
- Chinese Offshore Wind Market Stagnating, Disappointing Investors
The Chinese offshore wind market has scarcely grown since Siemens opened a 35 million-euro [US $47 million] blade manufacturing facility in Lingang, China, in 2010, said Michael Hannibal, the head of Siemens?s offshore wind power unit.