Renewables
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Legal & Regulatory
State RPS Laws Threatened by Price Caps and Federal Tax Expirations
State renewable energy standards (RPSs) may be threatened by the expiration of federal tax credits, according to research from the Lawrence Berkeley National Lab (LBL). Lab scientist Galen Barbose, speaking at the annual meeting of the National Association of Regulatory Commissioners (NARUC) in San Francisco, presented the results of a joint study between LBL and […]
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Renewables
NARUC Addresses the Marriage of Gas and Renewables
Power system demands are changing to put a premium on flexible grid operations, and gas-fired power is the best choice for increasing flexibility. Such was the sense of a panel presentation to utility regulators at the 126th annual meeting of the National Association of Regulatory Utility Commissioners (NARUC) in San Francisco this week. “The electric […]
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Renewables
Power Sector Fossil Fuel Revenues Decrease While Renewable Energy Grows Rapidly
The U.S. Census Bureau released data on Nov. 18 showing that revenues for electric power generation industries that use renewable energy resources grew 49% from 2007 to 2012, while fossil fuel electric power generation industry revenues decreased 6.7% during the same time period. Fossil fuel revenues continued to dwarf renewable totals, bringing in $79.7 billion […]
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Renewables
IEA: 40% of World’s Power Fleet Will Need to Be Replaced by 2040
Events over the past year—turmoil in the oil-rich Middle East and the Russian-Ukraine gas crisis—along with uncertainty for nuclear power and pervading energy poverty worldwide show that the energy system is “under stress,” the International Energy Agency (IEA) says in its freshly released World Energy Outlook 2014 (WEO-2014). Despite technology and efficiency improvements, without actions […]
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Renewables
U.S. and China Agree to Increase Nationwide Carbon Reduction Targets
Reaching an unexpected climate breakthrough, the U.S. and China in a joint statement on Wednesday each announced new targets to slash carbon dioxide emissions by 2030. President Barack Obama set a new target to cut U.S. carbon emissions between 26% and 28% below 2005 levels by 2025. Chinese leader Xi Jinping, meanwhile, said his country […]
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Renewables
B&W to Spin Off Power Generation from Nuclear Business
On Nov. 5, The Babcock & Wilcox Co. (B&W) announced that its board of directors has unanimously approved a plan for the tax-free spin-off of the company’s power generation business to B&W’s shareholders, in the process forming two independently traded companies. In its third-quarter earnings call the following day, company executives emphasized that the two […]
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Legal & Regulatory
Federal Court Tosses Antitrust Suit Against Chinese Solar Companies
A federal court in Michigan on Oct. 31 dismissed the $950 million antitrust suit filed against three Chinese solar photovoltaic (PV) panel manufacturers by bankrupt firm Energy Conversion Devices (ECD). ECD, which at one time was the world’s largest manufacturer of thin-film solar panels, was forced into Chapter 7 liquidation in 2012 after Chinese firms […]
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Renewables
Ontario’s Long Term Energy Plan in Action
The decision to eliminate coal-fired power plants and the implementation of an aggressive feed-in tariff program puts Ontario’s electricity system in the spotlight. Download a pdf of this sponsored report, written by Global Business Reports: GBR_ONTARIO_PWR_1114_sm
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Renewables
Indonesia Law Seeks to Allow Development of Volcano Power
This August, in a bid to bolster its latent geothermal energy industry, Indonesia passed new laws that allow geothermal exploration in protected areas such as forests. Located in the Ring of Fire—a string of volcanoes and fault lines around the Pacific Basin—the archipelago has estimated potential geothermal resources of up to 29 GW. State power […]
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Renewables
India Proposes Massive Solar Build-Out
India’s Ministry of New and Renewable Energy (MNRE) in September issued a proposal to vastly increase the county’s reliance on solar photovoltaic (PV) generation, taking installed capacity from its current 2.6 GW to more than 20 GW over the next five years. Following on the nation’s ambitious-but-troubled ultra-mega coal plant build-out—only one has come online, […]
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