Japan's Prime Minister Re-Election Risks Undercutting Clean Energy Push
Shinzo Abe’s re-election as prime minister risks undercutting Japan’s commitment to clean energy at a time when incentives are under review and the nation’s utilities say they can’t accommodate capacity already planned.
Buffett Testing Smart Grid Technology for Home Energy Management
Warren Buffett wants to tell you the best time to wash your clothes. Or at least his energy company in the U.K does. Buffett’s Northern Powergrid Holdings Co. is working with Siemens AG to test a so-called smart grid that has the ability to control when consumer appliances will be used in the home.
Japan Toughens Rules for Renewable Energy Incentive Payments
Japan’s trade ministry is setting stricter rules for production and sales of renewable energy in what it says is a drive to speed up development of projects and ensure stable power supply.
California Governor Seeks to Increase Renewable Energy Mandate to 50 Percent
California Governor Jerry Brown proposed spending $59 billion to fix crumbling roads and raising the state’s renewable energy mandate to 50 percent.
Utility GDF Suez Plans to Double European Renewable Capacity by 2025
GDF Suez SA plans to double renewable power production capacity in Europe over the next decade as the utility shifts its focus away from developing more historic natural gas and nuclear energy sources in the region.
China Nears Publication of Plan to Guide Geothermal Developments
China could be nearing publication of a plan to guide the development of geothermal energy resources over the next few years as it plunges ahead with efforts to get more of its energy from renewable sources.
India Clean Energy Investments Rose 13 Percent to $7.9 Billion in 2014
Clean energy investments in India increased to $7.9 billion last year and are expected to surpass $10 billion in 2015.
Brazilian Bank Raises $408 Million for Renewable Energy and Water Projects
The Brazilian bank Itau Unibanco Holding SA raised 1.05 billion reais ($408 million) to finance renewable energy and water treatment projects.
Want to Buy a Used German Power Plant? Shipping Is Included
Germany’s utilities, battered by the country’s shift to wind turbines and solar panels, would be glad to sell you a power plant on the cheap. They’ll even pack it up and ship it to another country.
Obama Proposes $4 Billion for States Beating Climate Goals
The Obama administration is proposing a $4 billion fund to reward states that exceed cuts in greenhouse-gas emissions, and wants Congress to back steeper royalty rates for oil, gas and coal extraction from public land.