By D.A. Barber
Feed-in tariffs (FIT) have been the preferred policy in many regions of the world to help support investors to rapidly increase installation of renewable energy installations projects and markets. Under most FITs, homeowners, businesses, and private investor-owned projects are paid a set price above production cost, usually 4-6 percent, for the renewable electricity they produce that is fed into the grid over a set length of time. This version of a FIT was first put forth in Germany's 2000 RES Act.
The European wind power industry’s contribution to EU economic growth will increase almost threefold over the decade by 2020. More than half a million people will be working for the wind power industry in Europe by 2020.
New turbines were installed at this wind farm in California's Tehachapi Pass in 2011, part of the $2 billion invested in wind energy in the state last year.
On Thursday, the Annual Market Report from the American Wind Energy Assn. (AWEA) will show that California was first in the nation in new wind power installations in 2011 with more than $2 billion in investments.
The AWEA report will highlight data on industry jobs, manufacturing, and installed wind capacity across the U.S.
China Southern Power Grid Company plans to make cuts of 300 million tons of carbon dioxide emissions and 100 million tons of coal by 2015.
This means that several industries in the south of the country are on the verge of a major environmental reform. Analysts estimate that until 2015 there will be up to 4.8 billion yuan ($763.72m) invested in building electric vehicle charging stations in China.
As part of President Obama’s all of the above approach to energy, the Obama Administration joined with the governors of Illinois, Michigan, Minnesota, New York and Pennsylvania to announce the signing of a Memorandum of Understanding (MOU) that will streamline the efficient and responsible development of offshore wind resources in the Great Lakes. This effort underscores the President’s commitment to American made energy, increasing energy independence, and creating jobs.
SolarReserve, a U.S. developer of large-scale solar power projects, today announced it has received its final 1041 Permit from the Saguache County Board of County Commissioners for its two 100 megawatt solar thermal energy facilities.
At an event at the Daimler Truck factory in Mt. Holly, N.C., President Obama launched EV-Everywhere, the second in a series of Energy Department “Clean Energy Grand Challenges” aimed at addressing the most pressing energy challenges of our time. The EV Everywhere Challenge will bring together America’s best and brightest scientists, engineers, and businesses to work collaboratively to make electric vehicles more affordable and convenient to own and drive than today’s gasoline-powered vehicles within the next 10 years.
As part of President Obama’s all-out, all-of-the-above approach to developing every domestic energy resource, Energy Secretary Steven Chu announced the start of an ambitious initiative to capture the potential of wind energy off American coasts. As part of a planned six-year $180 million initiative, an initial $20 million will be available this year as the first step in supporting up to four innovative offshore wind energy installations across the United States.
By D.A. Barber
Despite the sluggish global economy and the European debt crisis, there have been questions as to whether Europe will remain dedicated to renewable energy. But recent re-enforcement to policy changes in the region point to a solid commitment.
Today more pressure was put on the EU to raise the carbon price under the Emissions Trading System (ETS) - the EU's main tool for reducing industrial greenhouse gas emissions.