DOE Loan Guarantee Program Vilified by Republicans Turns a Profit
The U.S. expects to earn $5 billion to $6 billion from a federal loan program, bolstering President Barack Obama’s decision to back low-carbon technologies.
Obama to Pledge $3 Billion for Climate Change Fund
President Barack Obama will pledge $3 billion to a United Nations climate-change fund that’s intended to help poor nations boost renewable energy and counter the ill effects of global warming.
Shining a Light on Women Leaders in the Power Industry
In early 2013, a group of women, dubbed the Women in Power committee, assembled in Orlando, Florida to figure out how to honor women who have dedicated their careers to the power industry. The industry is male-dominated with men making up more than 75 percent of the workforce, according to estimates.
Wind Energy Provides More Than Two-Thirds of New US Generating Capacity in October
According to the latest "Energy Infrastructure Update" report from the Federal Energy Regulatory Commission's (FERC) Office of Energy Projects, wind power provided over two-thirds (68.41 percent) of new U.S. electrical generating capacity in October 2014. Specifically, five wind farms in Colorado, Kansas, Michigan, Nebraska, and Texas came on line last month, accounting for 574 MW of new capacity.
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 coal-to-biomass conversion to concentrating solar power.
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.
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 cleaning our air and modernizing the electricity sector.
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 leadership into the power sector.
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 projects and awarded wind contracts starting in 2009 and solar energy earlier this year.
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 to meet the nation’s future energy demands.