Figures for the third quarter show another year-on-year rise, with a solar energy boom in China the biggest single contributor. About $175 billion was spent globally on renewable energy projects during the first three quarters, up 16 percent from the same period last year, with Chinese solar investment at a record, according to a Bloomberg … Continue reading Renewable Energy spending at $175 Billion on Chinese Rise
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Wind power would light Los Angeles
An alliance of four companies proposed an $8 billion wind energy project Tuesday that within a decade could send wind power generated on the plains of Wyoming to households in Southern California. If approved and financed, the sprawling venture would produce wind power equivalent to the output of a large nuclear power plant by creating … Continue reading Wind power would light Los Angeles
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Egypt plans 2 GW auction each for wind energy and solar power
Egypt is planning to auction 2 GW capacity each in wind and solar power capacity next month. The government is expecting an investment of about $7 million in the development of this capacity. In addition to renewable energy auctions, the government also plans to offer 4 GW of coal-fired power generation capacity for bidding. These … Continue reading Egypt plans 2 GW auction each for wind energy and solar power
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Rare Earths Elements in High-Tech Industries
Rare earth elements are used in CMP polishing slurries and as high-k dielectrics in the semiconductor industry. . Prices of ceria, used in STI planarization slurries, have increased 1300% between 2009 and 2010 because of an embargo by China, home to 97% of the rare earth mines. This report analyzes the impact of the embargo … Continue reading Rare Earths Elements in High-Tech Industries
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Concentrated Solar Power, PV and Wind Energy Development on Public Lands
As part of President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Secretary of the Interior Sally Jewell today announced a new competitive leasing process by the Bureau of Land Management (BLM) to help spur solar and wind energy development on public lands in the … Continue reading Concentrated Solar Power, PV and Wind Energy Development on Public Lands
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Wind energy and solar power compete with coal, gas
Lazard said that solar energy and wind energy were already competing with fossil fuels on an unsubsidised basis. We’ve now gotten hold of the original report and are reprinting four graphs here, which we find quite stunning because it underlines how quickly the case for more fossil fuels is quickly being eroded. The first graph … Continue reading Wind energy and solar power compete with coal, gas
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Those renewable power lines more than pay for themselves
Today, Texas Comptroller Susan Comb’s office published a report attacking renewable energy in Texas. This unbalanced, misinformed report is simply a restatement of the flawed talking points pushed by the anti-renewables lobby and ignores key information about renewable power and its benefits for Texas. Texas’ wind energy industry has now invested more than $26 billion … Continue reading Those renewable power lines more than pay for themselves
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Obama Urges Action on Climate Change `While We Still Can’
President Barack Obama urged world leaders at a United Nations summit to reach a global agreement to combat climate change “while we still can.” Speaking before more than 120 officials, the president cited more frequent droughts and flooding in warning, “The climate is changing faster than our efforts to address it.” Obama took credit for … Continue reading Obama Urges Action on Climate Change `While We Still Can’
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The Future Of Mexico’s Energy Industry
The Editor interviews Steven P. Otillar, Partner at Akin Gump Strauss Hauer & Feld LLP. Editor: Please describe your practice, and tell us why Mexico is high on your radar screen. Otillar: My practice focuses on domestic and international energy transactional work, with an emphasis on upstream acquisitions, divestitures and development. I have represented energy … Continue reading The Future Of Mexico’s Energy Industry
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Saft to Deliver Third Li-ion Energy Storage System for California Utility
The lithium-ion (Li-ion) energy storage systems will be used to mitigate power fluctuations inherent with solar-generated electricity. Saft, the world’s leading designer and manufacturer of advanced technology batteries for industry, has received its third contract from a major California utility. Since the first utility-scale storage system was commissioned at the end of 2012, Saft received … Continue reading Saft to Deliver Third Li-ion Energy Storage System for California Utility
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Worldwide Capacity of Next-Generation Advanced Batteries Is Expected to Increase Nearly 1,000-Fold by 2023
A recent report from Navigant Research analyzes the global market for next-generation advanced batteries, with a focus on the current leading battery chemistry, lithium ion, and the energy storage device types that might eventually replace it. While lithium ion (Li-ion) batteries offer many advantages over traditional battery technologies, research and development of new battery chemistries … Continue reading Worldwide Capacity of Next-Generation Advanced Batteries Is Expected to Increase Nearly 1,000-Fold by 2023
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Thousands march in New York City, around globe over climate change
Accompanied by drumbeats, wearing costumes and carrying signs, thousands of demonstrators filled the streets of Manhattan and other cities around the world on Sunday to urge policy makers to take action on climate change. The crowds of marchers, which included actors Mark Ruffalo and Evangeline Lilly, wound through midtown Manhattan, joined along the way by … Continue reading Thousands march in New York City, around globe over climate change
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Renewable Energy Can Meet Global Demand And Cut Carbon Emissions Says IRENA
A plan to use renewable energy sources to meet the rising demand for cheap electricity and the need to reduce the pace of global warming, has been developed by the International Renewable Energy Agency (Irena). The organisation predicts that average carbon dioxide (CO2) emissions will reach 498 grams per kilowatt-hour (g/kWh) by 2030 if the … Continue reading Renewable Energy Can Meet Global Demand And Cut Carbon Emissions Says IRENA
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Tamil Nadu should set up a state-level wind power forecasting mechanism
Tamil Nadu should set up a state-level wind energy forecasting mechanism and wind energy integration facility to avoid ‘evacuation loss’ of power produced in wind mills, a top official of Indian Wind Power Association said today. The evacuation loss has been a major hurdle in meeting the gap between power requirement and availability. This loss … Continue reading Tamil Nadu should set up a state-level wind power forecasting mechanism
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Egypt sets new feed-in tariffs for wind energy and solar power
The government hopes for new and renewable energy to account for 20% Egypt’s total energy mix by 2020. The Ministry of Electricity announced Saturday pricing for electricity generated by new and renewable energy sources for households and private sector companies. Minister of Electricity Mohamed Shaker said in a press conference that the purpose of the … Continue reading Egypt sets new feed-in tariffs for wind energy and solar power
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India’s Push for Renewable Energy
Growing economies like China and India, which are set to contribute more than half of the global increase in carbon emissions in the next 25 years, will play a critical role in any effort to address climate change. Shortly after Modi took office in May, one of his party officials made a sweeping promise: India … Continue reading India’s Push for Renewable Energy
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China is drawing 30 percent of its energy needs from hydropower, solar energy and wind energy
China’s demand for energy is unparalleled. The demand is met primarily with traditional raw materials such as oil, gas and above all, coal – the basis for 80 percent of China’s energy supply. The trouble is, the process of generating electricity through coal releases large quantities of CO2. And it is becoming increasingly difficult to … Continue reading China is drawing 30 percent of its energy needs from hydropower, solar energy and wind energy
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Nicaragua Plans 770 Megawatts in Renewable Energy Projects: Wind Power, Geothermal Energy and Solar Energy
The plan includes 300 megawatts of wind energy, 100 megawatts of geothermal, 100 megawatts of solar and 270 megawatts from two hydroelectric projects. Nicaragua plans $4 billion of public and private-sector investment in renewable energy projects over the next 15 years to add 770 megawatts, Spanish news agency EFE reported. More than 70 percent of … Continue reading Nicaragua Plans 770 Megawatts in Renewable Energy Projects: Wind Power, Geothermal Energy and Solar Energy
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Levelized Cost of Energy Analysis
Lazard Ltd (NYSE:LAZ) has released its Levelized Cost of Energy Analysis – Version 8.0, an in-depth study comparing the cost of generating energy from conventional and alternative technologies. Lazard’s Global Power, Energy & Infrastructure Group has been publishing the study since 2008. The study shows the acceleration of an ongoing trend: Utility-scale solar and wind … Continue reading Levelized Cost of Energy Analysis
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Energy Storage for the Grid is Expected to Reach $15.6 Billion in Annual Revenue by 2024
Developing energy storage that is viable for grid applications has been a goal of vendors and grid operators for a number of years. Recently a number of factors have begun to converge to bring that goal close to fruition. According to a new report from Navigant Research, worldwide revenue from energy storage for the … Continue reading Energy Storage for the Grid is Expected to Reach $15.6 Billion in Annual Revenue by 2024
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