News

Clean Technology on the Brink

Source: JOHN M. BRODER, New York Times • Posted: Thursday, April 19th, 2012

Clean energy technology has grown robustly and come down in price in recent years, driven by hefty government stimulus spending, expectations of future regulation and substantial private investment. But that technology is going to fall off a cliff unless government steps in quickly to revitalize the solar, wind, nuclear, battery and clean vehicle sectors with new spending and federal policy, according to a new study from three research groups.

Global wind power market will suffer from loss of U.S. tax credit, industry executives say

Source: Special to E&E • Posted: Thursday, April 19th, 2012

The global wind energy market is heading for a downturn next year as the expiration of the U.S. production tax credit casts a pall on the industry, the Global Wind Energy Council (GWEC) said in a new forecast yesterday.

Nevada, Iowa woos Chinese energy firm partners?

Source: Dan Piller, Des Moines Register • Posted: Thursday, April 19th, 2012

Folks here were happy enough when HZ Windpower of Chong-qing, China, dedicated two 2-megawatt wind turbines Wednesday, but the locals have their eye on a much bigger prize. HZ is looking for a site in the U.S. to build blades, towers and other components for wind energy. Nevada, whose motto is “Where Renewable Energy is Happening,” thinks it is just the spot for an HZ plant and laid out a welcoming lunch for the company’s officials at Indian Creek Country Club.

Enviro groups sue to block Calif. turbine farm

Source: Phil Taylor, E&E reporter • Posted: Wednesday, April 18th, 2012

Environmental groups have filed a lawsuit to block a wind farm in Southern California they claim would threaten endangered condors, protected eagles and other sensitive species.

Global wind power capacity to double by 2016, trade group says

Source: E&E • Posted: Wednesday, April 18th, 2012

Global wind energy capacity is expected to double by 2016 as installations continue to grow in newer markets like India and Brazil, with world capacity reaching 493 gigawatts in 2016, the Global Wind Energy Council said in a report released today.

Short term bumpy, longer term prosperous for wind, solar — finance gurus

Source: Anne C. Mulkern, E&E reporter • Posted: Wednesday, April 18th, 2012

Wind and solar will struggle in the short term but will thrive eventually as the world moves toward clean power, financial experts predicted yesterday. Renewable energy companies will struggle for the next year or more because there’s investor unease with the sector, said experts who spoke at Fortune magazine’s Brainstorm Green conference.

U.S. Greenhouse Gas Emissions Headed Up Again

Source: JOHN M. BRODER, New York Times • Posted: Tuesday, April 17th, 2012

After dropping for two years during the recession, emissions of the gases blamed for global warming rose in 2010 as the economy heated up, the Environmental Protection Agency reports. Output of carbon dioxide and other heat-trapping gasses were up 3.2 percent from 2009 as the nation climbed slowly out of the deepest economic downturn since the Great Depression, the E.P.A. said.

Price plunge continues to reshape energy market

Source: Joel Kirkland, E&E reporter • Posted: Tuesday, April 17th, 2012

The U.S. natural gas futures contract for May delivery remained under $2 per million British thermal units at the end of last week, another 10-year low for gas as supply continues to outpace demand.

Stimulus spending hasn’t delivered on ‘green jobs’

Source: E&E • Posted: Monday, April 16th, 2012

Three years after President Obama promised that millions of “green jobs” would sprout from $90 billion in stimulus spending earmarked for clean energy, only a small fraction have materialized. Supporters say the administration overpromised on the potential for job creation and worry that backlash could erode support for overall renewable energy policies.

Maryland Offshore Wind Again Falls Short

Source: SHAWN J. SOPER, The Dispatch • Posted: Monday, April 16th, 2012

Despite coming much closer to prior efforts, the latest effort to develop a vast offshore wind energy farm off the coast of Ocean City failed to pass again this year. The House of Delegates had approved Gov. Martin O’Malley’s Offshore Wind Energy Act of 2012, which would open the door for the development of a wind farm including as many as 40 turbines off the coast of Ocean City, but the Senate never took up the debate and the legislation died. However, it remains possible the issue could resurface in a special session.