Day: February 4, 2019
OPEC Oil Price Squeeze To Leave Renewable Energy Unscathed
While OPEC is helping drive down global prices for crude, it’s having less success squeezing the $250 billion clean power industry.
German Fossil Fuel Giant Jumps on Renewables Bandwagon
Germany’s biggest utility E.ON — long a pillar of the country’s fossil fuel and nuclear industry — dropped a bombshell on Europe’s business world with the announcement that the multinational was exiting the conventional energy market in favor of a new business model based on renewables, intelligent…
New Navy Smart Microgrid Project Will Test Vanadium Flow Battery Storage
The California Energy Commission (CEC) and U.S. Navy (USN) are teaming up to spur deployment of grid-integrated local renewable energy resources and advanced energy storage solutions. On December 1, Imergy Power Systems announced that its ESP30 series vanadium-flow batteries will be used in a…
Energy Efficiency and Renewables Are Lowest Risk/Cost Investments for Utilities
A new report by utility and finance experts contains positive news for the environment, our air and our (and our utilities’) pocketbooks — the economics of electric power resources have made zero-emissions energy efficiency and renewable energy technologies the most financially attractive options…
Gas and Coal To Replace Hydropower in Brazil, Pollution to Follow
The Brazilian government is seeking to award contracts in an auction tomorrow for natural gas- and coal-fueled power plants, reversing a drive that previously favored renewable-energy projects. It would lead to the first new thermal plants in three years, after the government scaled back such…
Japan Should Continue Its Road Towards Renewables
The power sector crisis in Japan has entered a new stage. The recent refusal of Japanese utilities to grant grid access to new renewable energy projects should not be seen as a failure of Japan’s renewable energy policy, but as a consequential and necessary phase to extend Japan’s technological…
EPA's Plan to Curb Carbon Pollution Can Save Billions
The news about the Environmental Protection Agency’s plan to limit carbon pollution from existing power plants just got even better: the proposed Clean Power Plan (CPP) can save the power industry and its customers — us — as much as $2 to $4 billion in 2020 and $6 to 9 billion in 2030, while…
Siemens Announces Plan to Exit Marine Power Sector
Technology and equipment giant Siemens AG has decided to sell its tidal energy company, Marine Current Turbines Ltd., citing slow development in the marine and hydrokinetics sector.
Innovation, Progress and Scale: Introducing the 2014 Project of the Year Award Finalists
This year’s Project of the Year Award finalists truly represent the evolving energy landscape and exciting global efforts to transition to a cleaner, renewable future. The five projects vying for the Renewable Energy Project of the Year crown include a wide range of innovative technologies from…
The Western States Petroleum Association (WSPA) — whose members include Chevron, ExxonMobil, Shell, ConocoPhillips, BP, and others — was caught red-handed late last month when a leaked internal presentation revealed a coordinated campaign to stomp out climate and clean energy progress in…