The surprise Conservative victory in the recent UK elections have some worrying about the future of renewable and climate progress, but officials are now calming those fears.
Many electric utilities are flexing their political muscles against solar net metering and state renewable portfolio standards (RPS). Their main issue is that other consumers are subsidizing solar (and renewables), particularly pointing to lower-income…
A technology used in ancient Greece to power clocks and fire a cannon is undergoing a revival as the world searches for better ways to store energy from wind turbines and solar panels.
European Union negotiators are endorsing an accelerated overhaul of the bloc’s carbon market after the price of emission rights fell to levels that fail to deter polluters.
Just over a decade ago, the state of California faced serious concerns about whether its utilities could generate and/or buy enough power to assure that the world’s seventh-largest economy could keep the lights on. The infamous California energy crisis, which affected several other western states as well, was a complex tangle of poorly structured deregulation, significant market manipulation (remember Enron?), and other causes. Along with rolling blackouts, California endured an official state of emergency that lasted 34 months, led to the recall and replacement of Gov. Gray Davis, and cost the state and its ratepayers billions of dollars — a cautionary tale for all states of electricity supply unable to meet demand.
Lawrence Summers famously wrote, “there are idiots, look around” in an attack on the theory that markets are rational. What some have called “Summers’ Law” certainly applies to the markets’ response to the slide in the price of oil as it relates to stocks of renewable energy companies.
Hydraulic fracturing, or fracking, is shunned by the environmentalists that laud renewable energy sources. However, by not supporting both initiatives, they may be working at cross purposes. Natural gas, booming largely because of fracking, complements…
There’s a crowded field of companies jostling Elon Musk for the most innovative breakthrough solution to his challenge to “fundamentally change the way the world uses energy.”
My Ten Clean Energy Stocks for 2015 model portfolio held on to first quarter gains in April, despite a 29 percent fall for one of the stocks. (For details on that decline, see the Power REIT (NYSE:PW) section below.)
I’ve written before about how the solar industry and the nation’s veterans make a great team. That’s why First Lady Michelle Obama’s announcement last week that the solar industry has committed to hiring an additional 33,000 veterans and their spouses by 2020 is such very good news for our country. “Veterans bring rich and diverse skills, leadership and experience that can help in every portion of the industry value chain,” said Tom Kimbis, vice president for executive affairs & government counsel at the Solar Energy Industries Association, the country’s major solar trade group, about last week’s announcement. “We are not talking about installers alone; veterans can excel from rooftop to boardroom.”
First Solar Inc., the biggest U.S. solar- panel maker, reported its first loss in three years as it prepares to create a new company to operate some of its completed power plants.
Tesla Motors Inc. Chief Executive Officer Elon Musk unveiled a suite of batteries to store electricity for homes, businesses and utilities, saying a greener power grid furthers the company’s mission to provide pollution-free energy.
Billionaire Elon Musk thinks he can pave the way to a better energy future by turning the mattress-shaped batteries in Tesla’s electric car into upright pillars so they can be used to power homes, businesses and even utilities.
International investors who have suffered losses in the renewable energy sectors in Spain, the Czech Republic, Italy, Greece, Romania and Bulgaria, among others, may be entitled to compensation for their losses under the Energy Charter Treaty (ECT) and/or relevant bilateral investment treaties (BITs). Once viewed as the nuclear option, companies now recognise investor-state arbitration as simply another dispute resolution mechanism — albeit one with more teeth — which does not preclude a continuing relationship with the Respondent state.
Europe’s utilities are re-evaluating their business models due to the energy transition. Members of POWER-GEN Europe’s Advisory Board consider how a reliance on fossil fuels is no longer politically desirable, forcing utilities to transform their portfolios to adapt to radical change.
Walking through the frenetic streets of Phnom Penh, Cambodia’s capital city, it’s not out of the ordinary to see large swaths of electrical grids suddenly shut down, the power supply overextended.
The World Bank indicated in its new report “Building Competitive Green Industries: The Climate and Clean Technology Opportunity for Developing Countries” that small and medium-sized enterprises (SMEs) in developing countries are set to undergo signific…
Japan anticipates that by 2030 clean energy such as solar and hydro will generate slightly more of the nation’s electricity than nuclear power plants.
Canadian Solar Inc., the third-biggest panel maker, expects a potential shortage of supply in the second half of this year as demand increases worldwide.
Engie, the French utility built from a decade of mergers, will consider further acquisitions as it seeks to expand its presence in renewable energy and the global market for natural gas shipments.