News

Trump May Not Like Alternative Energy, but Investors Should

Source: By PAUL SULLIVAN, New York Times • Posted: Monday, January 9th, 2017

Given what President-elect Donald J. Trump has said about his energy strategy — he favors coal and wants to end federal subsidies to the clean energy industry — does it still make sense to invest in wind, solar and other alternative sources of power? The answer is an emphatic yes, according to investment advisers, who say clean energy companies will continue to thrive during a Trump administration, regardless of what the president says or does. The sector has become as much about getting returns on investments and catching the next technological boom as it is about reducing greenhouse gases and helping the environment. And clean energy is creating jobs in every state, not just the ones that have oil or gas in the ground. Even the most politically conservative states, like Kansas and Iowa, are leaders in wind power and are likely to continue investing in it.

EPA Nominee on Track for Confirmation, Top Republicans Say

Source: By Brian Dabbs, Bloomberg BNA • Posted: Monday, January 9th, 2017

Senate leadership is prepared to confirm Oklahoma Attorney General Scott Pruitt as Environmental Protection Agency administrator with meager, or even nonexistent, Democratic support, top Republicans told Bloomberg BNA. Both Senate Majority Leader Mitch McConnell (R-Ky.) and Sen. John Thune (R-S.D.) predicted Pruitt’s confirmation, despite an ongoing outcry from Democrats over the nominee’s skepticism of the human connection to climate change.

Governors Call on Congress to Develop National Offshore Wind Energy Policy

Posted: Friday, January 6th, 2017

Governors Call on Congress to Develop National Offshore Wind Energy Policy

Meet the Obscure Group Influencing Trump’s Energy Policy

Source: By Jennifer A Dlouhy, Bloomberg • Posted: Friday, January 6th, 2017

An obscure Washington policy group that opposes almost any government aid for renewable energy has emerged as an influential force in shaping Donald Trump’s plans to dismantle Obama administration climate initiatives. The tiny Institute for Energy Research and its advocacy arm, the American Energy Alliance, work from an office decorated with an oversized photo of an oil derrick in a nondescript building in downtown Washington.

Solar and wind power cheaper than fossil fuels for the first time

Source: By Andrew Griffin, The Independent • Posted: Thursday, January 5th, 2017

“Renewable energy has reached a tipping point – it now constitutes the best chance to reverse global warming,” said Michael Drexler, Head of Long Term Investing, Infrastructure and Development at the World Economic Forum. “Solar and wind have just become very competitive, and costs continue to fall. It is not only a commercially viable option, but an outright compelling investment opportunity with long-term, stable, inflation-protected returns.”

States Making Case for Needed Growth in Renewable Energy

Source: By Ernie Shea, 25x25 • Posted: Thursday, January 5th, 2017

States continue to help make renewable energy a steadily growing – and necessary – segment of the U.S. energy market. Lawmakers in Washington would do well to emulate their counterparts in state capitols across the country, and recognize the role renewable energy can play in creating jobs and diversifying our nation’s energy supply.

Benefits of Renewable Portfolio Standards Outweigh Costs, Report Finds

Source: By Henry Lindon, CleanTechnica • Posted: Thursday, January 5th, 2017

The economic benefits of state renewable portfolio standards greatly outweigh the costs, according to a new report. There are now 29 US states that have adopted renewable portfolio standards targets, and they are benefiting as a result. As it stands currently, state renewable portfolio standards are an important driver of renewable energy generation growth in the US — so the new findings are very worth taking note of, especially as the argument used by most critics of the standards is that the raise electricity costs.

Opinion: Tennessee Valley Authority should get into wind power

Source: By Ed Wansing, The Tennessean • Posted: Thursday, January 5th, 2017

As wind turbine technology has advanced, wind power prices have plummeted. In the past six years, wind energy prices declined by more than 60 percent and have hit historic lows. Western Oklahoma contains some of the best wind energy resources in the country – some recent wind farms in the area generate electricity for less than 2 cents per kilowatt-hour.

Lightweight, flexible solar panels may be more efficient than competitors’

Source: By Dylan Furness, Digital Trends • Posted: Thursday, January 5th, 2017

A California-based solar energy company called Sunflare is offering solar panels it hopes will help innovate the industry. After years of research and development, Sunflare says it’s the first company to successfully mass produced light, flexible, and affordable copper indium gallium selenide (CIGS) solar panels that can be installed with ease on practically any surface.

Arizona still a force in solar power, despite other states’ gains

Source: By Adam Depose, Cronkite News • Posted: Thursday, January 5th, 2017

A month after it announced plans to develop a new solar power plant in Gila Bend, Vasari Energy was back in November to double down on its Arizona investment, expanding the plant’s capacity to power more than 7,000 homes. For California-based Vasari Energy it was a smart business move to bolster the company’s planned solar portfolio. But experts said it was just more evidence that Arizona is an ideal state for utility-scale solar projects, a status they expect will continue as the infrastructure needed for solar plants becomes more affordable.