Iceland Moves Closer to Powering European Homes With Geothermal Energy
Iceland is moving closer to plugging European homes into the volcanic island nation’s geothermal and hydropower reserves via what would be the world’s longest power cable, according to the country’s largest energy producer.
Nuclear Giant Exelon Launches Front Group to Cover Its Assets, Undermine Renewable Energy?
Nuclear power, which accounts for 19 percent of the nation's electricity generation, is facing some serious challenges. Not only did its hoped-for renaissance fizzle out, four reactors shut down last year, another is closing this fall, and the nuclear giant Exelon says it will announce plant closings by the end of this year if market conditions don't improve.
World Energy Supply Requires $40 Trillion Investment by 2035, Says IEA
Meeting the world’s energy supply needs by 2035 will require $40 trillion of investment, as demand grows and production and processing facilities have to be replaced, the International Energy Agency said.
Utilities, ISOs Reflect on Transmission in Light of EPA’s Clean Power Plan
On what effect the U.S. Environmental Protection Agency’s (EPA) Clean Power Plan will have on transmission development in the country, including potentially a need for more transmission to transport added renewable energy, Frank Poirot, senior media specialist of transmission with Northeast Utilities (NYSE:NU) told TransmissionHub that increasing the grid's capacity to transmit power is one way to meet the growing need and enable renewable generation.
Code Breakers: Turning Carbon Emissions into a Revenue Stream
On the heels of the EPA’s new carbon rules proposed by President Obama on June 2, I wanted to take a closer look at a potential disruptive technological breakthrough: taking CO2 waste streams and turning them into saleable, value-added feedstocks. Certainly, the deployment of renewables, energy efficiency, smart grid, and energy storage technologies offer some of the most cost-effective options for dramatically reducing emissions. But if you believe that fossil fuel power plants (along with other large-source emitters like steel and cement producers) will remain a part of our industrial ecosystem for some time to come, then capturing and utilizing C02 from these emitters is an important and critical piece of the carbon-management equation.
Energy Infrastructure Development in East Africa: Big Potential Meets Big Roadblocks
Power infrastructure in the East African countries of Uganda, Kenya, Tanzania and Rwanda is inherently connected to their economic growth. As urbanisation and industrialisation fuel the need for electricity in cities, the demand for electricity in East Africa is expected to grow at approximately 5.3 percent per year until 2020. To meet these requirements, generation capacity would have to increase by 37.7 percent in Uganda, 96.4 percent in Kenya, 75.3 percent in Tanzania and 115 percent in Rwanda. The government, in conjunction with development partners, must build a more favourable business environment to facilitate growth.
Climate Change Shifts Focus for Energy System
The U.S. National Climate Assessment report states bluntly that streets in coastal cities are flooding more readily, that hotter and drier weather in the West means earlier starts to wildfire seasons, and that every region of the nation already is seeing real effects of climate change.
EU Needs Low-Carbon Energy Union, Ministers’ Advisory Panel Says
The European Union needs an ambitious emissions-reduction goal, targets for energy- efficiency and renewables as well as tools to foster investment under its planned 2030 policies, an advisory panel to 14 ministers said.
Welcome to the Grid Revolution, Massachusetts-style
Utilities, get ready: Massachusetts is in revolutionary mode again. No one is throwing tea into Boston Harbor, but the state is trying to sink outmoded ways of moving around electrons.
Microgrids Create Municipalization Benefits