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World Renewable-Energy Investment to Drop 38% in 2009, IEA Says - Bloomberg.com
June 15 (Bloomberg) -- Investment in renewable energy will probably decline 38 percent this year after dropping 5 percent last year, according to Didier Houssin, the International Energy Agency’s director of energy markets and security.
IEA report to the G8
IEA’s dire warning on green stimulus and renewables
Kate Mackenzie, Financial Times
The IEA’s report for G8 energy ministers, to be presented this Sunday in Rome, has generated a few stories. Some picked up on the oil supply squeeze that awaits the world due to massive cuts in production investment. I wrote yesterday that the IEA forecasts that, for the first time since World War II, world electricity consumption will decline in 2009.
IEA chief economist Fatih Birol said he personally thought the electricity forecast was the most striking finding of the report.
However he was also keen to highlight concern about green spending in the G20 stimulus packages:
The agency will also tell ministers that its calculation of the stimulus spending required from G20 nations on renewable energy was inadequate and should rise by a factor of six if greenhouse gas emissions targets set by the United Nations were to be met...
(22 May 2008)
Renewable Energy for America - Map
Renewable Energy Meets Wildland and Wildlife Conservation
'Your eyes are more open'
Eastern Europe is more advanced when itcomes to renewables. The UK's foreign policy is amazing towards climate change but British wind farm projects are having a hard time getting permitted. However, when eastern European countries joined the European Union they needed 10 per cent renewable energy by 2010 and 20 per cent by 2020, so farmers here like wind farms because they make money and there's little opposition.
Questions follow announcement of green superhighway
Wisconsin regulatory officials, utility companies and environmentalists agree that more line capacity is needed to transport electricity generated by the growing number of wind farms. But they’re not sure ITC’s plan for giant-sized lines is the answer.
Michael Vickerman, executive director of the Madison environmental group, Renew Wisconsin, said he has “reservations” about the need for 765-kilovolt lines. Smaller transmission upgrades can accommodate new wind generation, he said.
Wisconsin Public Service Commission Chairman Eric Callisto also has questions.
“I don’t want to close any doors to what they have proposed but I have lots of grave concerns about the cost,” he said. ITC is proposing “very large lines” that would require “very large right-of-ways,” Callisto said. A right-of-way is the legal permission to use a property owner’s land or the area above it.
Renewables Largest Increase in Electricity Capacity for First Time
We've been hearing that renewable energy is a fast-growing sector, and now it's official: The Energy Information Administration's (EIA) latest report found that renewable energy made up the biggest share in the U.S.'s electricity capacity increase in 2007. The huge wind power industry, not surprisingly, accounts for most of this increase. According to the EIA's Electrical Power Annual report:
Clean energy's slump
The mismatch between government enthusiasm and investor sentiment might seem strange. After all, more than almost any other business, renewable energy relies on taxpayer support.
President Obama Calls for Greater Use of Renewable Energy
President Barack Obama was sworn in on January 20, and his inaugural address called for the expanded use of renewable energy to meet the twin challenges of energy security and climate change.
Russia sets renewable-energy mandates
Russia has announced plans to increase the share of renewable energy generation from less than 1 percent today to 4.5 percent in 2020.
Solar reaches low-income India
Bangalore, India-based social venture SELCO India said it raised growth financing to expand its program to provide renewable energy to low-income homes and businesses in India.
Alarm bells ring over German renewables
German renewable energy companies and bankers will meet officials in Berlin on Monday to discuss ways of preventing the financial crisis from casting a storm cloud over a vital domestic growth industry.
Up to 30 companies and organisations are expected to outline the problems facing the renewables sector, whose bullish projections have been overshadowed by concerns about project finance, falling prices and delayed orders.
Rising Insurance Pose A Hurdle for Marine Renewables
the cost of insurance is increasing for all renewable energy projects, which can expect a five to ten perent hike in premiums over the next two years,
Official: Wind turbine impact on med flights marginal «
“Turbines are the same as any other obstruction, like radio towers, power lines and buildings,” said Rayford. “There may be some delays, but transporting a patient to a helicopter is a very efficient procedure.”
Cleantech Blog: Geothermal Heat Pumps: The Forgotten One
Before I was introduced to EnLink Geoenergy Services in 2000, I had never heard of geothermal heat pumps (GHPs), even though I had been in the energy industry for almost 15 years then, and even though GHP systems had been in successful operational service for over 50 years by that time.
FT.com / Home UK / UK - The next big project for the Union is in energy
What is needed is a new European Community that can successfully tackle the combined challenges of climate change, energy security and sustainable competitiveness. As the former Commission president Jacques Delors has suggested, the EU needs to build an institution that can facilitate common action in this field. In comparison with the formative years of the Community - when both the European Coal and Steel Community and the European Atomic Energy Community pursued energy-oriented goals - there is a lack of common action to expand the use of renewable energy that mitigates climate change, provides energy security and increases European competitiveness by transforming its economy into an energy-efficient system.
UN agency hails green energy 'gold rush' - INQUIRER.net, Philippine News for Filipinos
NAIROBI -- The world is enjoying a "green energy gold rush", the UN's environmental agency said Tuesday as it published a report outlining a 60 percent hike in investment in renewable energy in 2007
Renewables & cleantech - May 19 | EnergyBulletin.net | Peak Oil News Clearinghouse
IT HAS been called Australia's first underwater wave farm. The power of the ocean,
Clean Break :: Grid neglect will undermine other efforts
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we put so much focus on new power generation, arguably a more sexy topic when we talk about wind and solar, and seem to forget that maximizing renewable output means improving the way the grid operates and expanding its reach.
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