Day: February 4, 2019
Capturing Geothermal Opportunity Amidst a Transitioning Market
“I can remember as a young man driving from Carson City to Reno for the first time and I saw this steam coming out of the ground,” Nevada Senator Harry Reid told the geothermal industry last week. Although the congressman was in Washington DC trying to prevent a government shutdown, as his…
US Geothermal Industry Fights to Prove Its Value
Geothermal industry leaders say they are losing a popularity contest with wind and solar power, but claim they are offering a better product.
Q3 Portfolio Review: A Bottom For Clean Energy Developers?
In the third quarter, clean energy stocks in general continued their upward trend, turning in a 27 percent gain for the quarter and a 64 percent gain for the year as a whole, as measured by my benchmark and most broadly held clean energy ETF, Powershares Wilderhill Clean Energy (PBW.) This brings…
The Viability of Germany’s Energiewende: Mark Jacobson Answers 3 Questions
To those in the climate change field the name Mark Z. Jacobson needs no introduction. The director of the Atmosphere and Energy Program at Stanford University is credited with having written the book on computer modeling for atmospheric changes, as well as being a recognized expert in the impacts…
Reykjavik Geothermal Agrees to Build 1,000 Megawatts in Ethiopia
Reykjavik Geothermal, the Icelandic company that’s helped build power plants in more than 30 countries, agreed to develop as much as 1,000 megawatts of projects in Ethiopia over the next 10 years.
Alternative Energy Outperforms All Other Sectors in September
Alternative energy mutual funds (MF) racked up extremely robust gains in the past year. Returns range from a low of 16 percent, to a high of 64 percent for a mutual fund that is heavy into solar investments. Exchange traded funds (ETF) also did well, but returns are much more variable. They range…
The Sequester and Its Impact on US Government Funding for Renewable Energy Projects
Mandatory spending cuts triggered by the March 1st sequester (automatic spending cuts) in the U.S. are being felt across the renewable energy sector sparking fears that reduced federal investment could curtail research, development and commercialization of new renewable energy technologies.
What the US Government Shutdown Means for Renewable Energy
So here we are: the U.S. federal government is in shutdown mode after Congress failed to pass the budget. We've seen this several times in the past couple of decades, usually ranging from a few hours to a few days, though the most recent one lasted nearly a month from late 1995 into early January…
Geothermal Industry Must Band Together to Stay Relevant
A renewable industry investment executive told geothermal industry leaders in Las Vegas Monday (Sept. 30) that slow growth and unfair renewable tax incentives threatened the future of geothermal power.
Renewable Energy Mid-Year Report: 10% US Energy Consumption, 14% Net Electrical Generation
According to the most recent issue of the "Monthly Energy Review" by the U.S. Energy Information Administration (EIA), with data through June 30, 2013, renewable energy sources (i.e., biofuels, biomass, hydropower, geothermal, solar, and wind) provided 9.81 percent of U.S. energy consumption and…