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AEP Doubles Renewable Energy Goal to 2,000 MW - Renewable Energy World - 1 views

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    American Electric Power (AEP) is doubling its goal of adding 1,000 megawatts (MW) of renewable energy to 2,000 MW by the end of 2011. This would bring the company's total renewable energy portfolio to more than 2,600 MW by the end of 2011. AEP has added 903 MW of wind generation since 2007, when the company committed to its original goal of adding 1,000 MW. AEP also set a new energy efficiency goal in 2009 to reduce consumption by 2.25 million megawatt-hours by the end of 2012. "Continuing to diversify our fuel mix with more renewable resources will allow us to meet our customers' energy needs and reduce our carbon footprint," said Michael Morris, AEP's chairman, president and CEO. "We can support development of a lower-carbon energy future through a combination of increasing renewable energy; driving the development of a new, interstate extra-high voltage transmission system to bring that renewable energy to market; promoting energy efficiency; and further developing advanced coal technologies such as carbon capture and storage."
Energy Net

ENN -- Renewables Surge Despite Economic Crisis - 0 views

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    The 2008 figures are in from the new REN 21 Renewables Global Status Report: Renewable power capacity (excluding large hydropower) increased a hefty 16 percent last year, which is remarkable given that world oil use actually declined. Growth in some renewable sectors was even more impressive. Biodiesel production increased 34 percent, and solar power took the prize with a 73 percent jump. Renewable energy has not entirely escaped the impact of the global recession - growth this year will almost certainly be slower - but it is clear that global energy markets have turned a corner. Political support and business investment in new energy sources have reached the point where the new industries appear hard to stop. REN 21 reports that 64 nations now have policies to promote renewable power generation. Scientists, engineers, and entrepreneurs across the globe are responding with unprecedented innovation. Overnight, the energy business has begun to resemble the I.T. industry more than it does the energy industry of the past.
Energy Net

Peak Energy: Will the Children of Today Be Living in a World Powered by Renewable Energ... - 0 views

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    REW has an article on making the switch to a clean energy world - Will the Children of Today Be Living in a World Powered by Renewable Energy by 2050?. The world needs a one-off switch-over to renewable energy -- and this could be largely accomplished in just forty years time, slashing energy costs and greenhouse gases while allowing healthy economic growth, experts say. By 2050, 80 percent of the world's electricity could be coming from renewable energy sources provided efforts are made, in parallel, to improve energy efficiency, according to a study by the German Aerospace Center (DLR). That means, the children of today might well grow up to experience a world where the energy they use comes almost entirely from the sun, wind, sea and biomass. By 2090, the shift to renewable energy around the world could be almost 99 percent completed reducing pressure on the environment and laying the foundations for a new era of prosperity based on green energy.
Energy Net

The Cost of Energy » Blog Archive » Document alert: Renewable Energy Trends 2007 - 0 views

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    The US Dept. of Energy/EIA has released the 2007 edition of Renewable Energy Trends: The report, Renewable Energy Trends in Consumption and Electricity, 2007, provides an overview and tables with historical data spanning as far back as 1989 through 2007 on renewable energy consumption and electricity. As always, you can download the whole report from the above page in one PDF or grab individual chapters, data in Excel spreadsheets, etc.
Energy Net

UNEP & NEF Reveal Worldwide Renewable Energy Investment Trends - Renewable Energy World - 0 views

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    New York City, United States [RenewableEnergyWorld.com] Close to US $155 billion was invested in 2008 in renewable energy companies and projects worldwide, not including large hydro. Of this $13.5 billion of new private investment went into companies developing and scaling-up new technologies alongside $117 billion of investment in renewable energy projects from geothermal and wind to solar and biofuels. The 2008 investment is more than a four-fold increase since 2004 according to Global Trends in Sustainable Energy Investment 2009, prepared for the UN Environment Programme's (UNEP) Sustainable Energy Finance Initiative by global information provider New Energy Finance. Of the $155 billion, $105 billion was spent directly developing 40 GW of power generating capacity from wind, solar, small-hydro, biomass and geothermal sources. A further $35 billion was spent on developing 25 GW of large hydropower, according to the report.
Energy Net

New Markey-Platts Bill Would Dramatically Boost Clean Energy Development, Science Group... - 0 views

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    The 25-percent-by-2025 renewable electricity standard bill introduced today by Rep. Edward Markey (D-Mass.) and Rep. Todd Platts (R-Pa.) would boost renewable energy generation by 135 percent above and beyond current policies between now and 2025, according to the Union of Concerned Scientists' preliminary analysis of the legislation. "This electrifying standard would provide a smart, proven, cost-effective strategy to ramp up our clean energy use, create tens of thousands of jobs, and lower consumer utility bills," said Alan Nogee, UCS Clean Energy Program director. "The clean energy tax incentives that Congress is finalizing will get us moving in the right direction in the near term, and the renewable energy standard makes sure we stay on that path for the foreseeable future."
Energy Net

Time to try renewable energy - Business - News & Observer - 0 views

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    The article "Renewable energy potential" (Work&Money, Editor's Choice, June 7) provided interesting and useful information. Now it is time to begin to use more renewable energy in North Carolina. One of our electric utility companies should develop a pilot project in one of the high-wind areas off the North Carolina coast. This energy could be used to provide some power to Elizabeth City, Manteo or any other city located on the northern part of our coast. Our electric utility companies have many intelligent engineers who could use new technology to build wind turbines that can withstand strong storms. If other states in the Northeast can build wind farms off their coasts, then North Carolina can surely do the same.
Energy Net

Obama to Add 20 GW of Wind Power in 3 Years : Red, Green, and Blue - 0 views

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    An aide to Obama said Friday that the administration plans to add 20 gigawatts (GW) or more of wind power and 4 GW of geothermal and solar power by 2012 through loan guarantees and fast tracked national renewable energy requirements, like the Renewable Portfolio Standard. Last May the U.S. Energy Department estimated wind power could provide almost a quarter of U.S. electricity. Trade groups from the U.S. wind and solar industries were happy with the news, considering that the current economic environment for commercial credit has lowered all boats as it were, with all investment now endangered - not just investment in risky financial instruments, but even those investments in renewable energy that are essential to growing a stable economy. 4 votesBuzz up! No other country, in any single year, has added the volume of wind capacity that was added to the US electrical grid in 2007 with both wind and solar growing well over 40%, but with the credit crunch affecting all sectors of the economy, new projects could drop by as much as 50%, without help from the Federal government.
Energy Net

Why Are Renewable Energy Systems for Homeowners Still So Expensive? - Renewable Energy ... - 0 views

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    Can you explain to me and the readers why solar panels are so expensive? Why can we not get the cost of this energy down to US $0.15 per kWh while we're paying off the equipment? Why are we paying for future production capability today? It is like the current electricity providers are saying, "Well, your house will use 12,000 kWh this year so we want our $1,800 now" or worse "give us 20 years up front" as the solar industry does today! If the solar market really wants to see a green planet then I feel they need to get the green out their eyes! Can they not see that they can truly make every home owner self sufficient if they bring their costs in line. It seems as though this renewable energy game is for the wealthy. If I want my home to be totally self-sustaining, it would cost me $80,000! A: Ian, I am happy to respond to your question since I have spent my own money on both my net-zero-energy home and my zero-energy office building - so I am acutely aware of the costs.
Energy Net

Emission Free: 5 Huge Renewable Energy Projects to Watch For : Red, Green, and Blue - 0 views

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    In February, President Obama called for a doubling of the US renewable energy capacity within three years. Yesterday, Obama visited a wind energy company in Newton, Iowa and again emphasized the importance of new forms of power generation: "Now, the choice we face is not between saving our environment and saving our economy. The choice we face is between prosperity and decline. We can remain the world's leading importer of oil, or we can become the world's leading exporter of clean energy." vote nowBuzz up! With billions in stimulus dollars heading toward improving the electricity grid and building sustainable energy infrastructure, emission-free power may be coming to your neighborhood sooner than you think. Here are five of the biggest, most ambitious projects that are in the pipeline, both in the US and elsewhere.
Energy Net

The Cost of Energy» Document alert: US State renewable energy - 0 views

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    The US Dept. of Energy has released the State Renewable Electricity Profiles 2007. The web page for the report is here, including a clickable map and direct access to the state-level stats as well as the entire report in a single, 645KB PDF.
Energy Net

Greenpeace energy report projects cheap, clean power -- and more jobs | Greenspace | Lo... - 0 views

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    An environmentalist-sponsored report claims that by 2050, the United States could sever ties with coal and nuclear power, draw nearly all its electricity from renewable sources and cut its greenhouse gas emissions by more than 80% -- all with existing technology and with a net gain of 14 million jobs to the domestic economy. The report, commissioned by Greenpeace and the European Renewable Energy Council and conducted by Germany's equivalent of NASA, was released this morning at a press briefing in Washington. It is heavy on charts and supporting data and transparent on some key assumptions. And its sponsors call its findings "conservative." At its core, the report envisions a steep drop in the United States' energy use, both in absolute terms and compared with International Energy Agency predictions -- driven by strict efficiency standards. It also projects dramatic changes in the nation's electricity mix, with wind and solar power mushrooming to replace coal, oil and nuclear sources that would gradually go offline.
Energy Net

Clean energy act sets Philippines up for $3 billion rebate: ENN - 0 views

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    With the passing of its Renewable Energy Act - legislation that spent 19 years in limbo - the Philippines can save over US$2.9 billion, a WWF and University of the Philippines study has found. The savings would come from increasing the country's renewable energy share in its power generation mix from 0.16 per cent to 41 per cent from wind, solar, ocean, run-of-river hydropower and biomass.
Energy Net

Department of Energy - DOE Awards Sixteen Contracts for up to $80 Billion in Energy Eff... - 0 views

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    Today the Department of Energy (DOE) announced the award of 16 new Indefinite Delivery Indefinite Quantity (IDIQ) Energy Savings Performance Contracts (ESPCs) that could result in up to $80 billion in energy efficiency, renewable energy, and water conservation projects at federally-owned buildings and facilities. ESPCs help to meet the federal government's energy efficiency, water conservation, and renewable energy goals. The federal government is the largest single user of energy in the United States and these awards demonstrate a commitment to sound government stewardship by recognizing efforts to save energy, reduce federal energy costs, cut greenhouse gas emissions, bring more cutting-edge technologies to use, strengthen national security, and create a stronger economy.
Energy Net

Department of Energy - Secretary Chu Announces Nearly $50 Million of Recovery Act Fundi... - 0 views

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    During a visit to Fort Wayne, Indiana, where he toured a manufacturer of geothermal heating pumps (GHPs), U.S. Energy Secretary Steven Chu today announced nearly $50 million from the American Reinvestment and Recovery Act to advance commercial deployment of the renewable heating and cooling systems, which use energy from below the Earth's surface to move heat either into or away from the home or building. The expanded manufacturing and installation of GHPs could aid in the creation of new jobs while reducing the use of fossil fuels. "The heat from the Earth represents a significant energy resource that can be tapped to reduce emissions contributing to climate change." said Secretary Chu. "Expanded use of GHPs in the United States will create new jobs for engineers, manufacturers and technicians while at the same broadening our nation's clean and renewable energy portfolio."
Energy Net

Solar and Wind Energy for the home? - alt.solar.photovoltaic | Google Groups - 1 views

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    High prices are just the tip of the energy crisis iceberg. Now is the time to think about how we use our natural resources before your wallet gets hit any harder. More people are looking to renewable energy sources to help offset these costs and to remove our dependence on finite energy sources. Solar and wind are two of the easiest renewable energy sources for a homeowner to use, but professional installation is costly. Surprisingly, do it yourself solar panel and wind generator kits are easy to find and easy to use. With large companies like GE producing these kits, the build your own solar panel sets are very affordable and offer quicker return on your investment than purchasing and professionally installing a solar energy system. In general the instructions are easy to follow, even for teens and children, and in no time you are on your way to your own solar or wind power system. My blog talks more about this at http://solarandwindforhome.blogspot.com/
Energy Net

Peak Energy: Geothermal Mapping In The US - 0 views

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    Renewable Energy World has an article on some large scale efforts to map geothermal power resources in the western US - Western U.S. Entities Move Quickly on Geothermal Mapping. Several large geothermal resource mapping projects are heading toward conclusion so that finally, the power source can be more accurately considered in siting new electricity transmission lines for renewable power development. Given the Obama administration's investment focus on new transmission line development, the result of the mapping efforts should be a relatively rapid increase in the number and size of commercial-scale geothermal projects.
Energy Net

Peak Energy: Demand Management: The Invisible Energy Resource - 0 views

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    Next100 has a post on "demand response" - managing customer demand in peak periods to reduce the need for costly, rarely used generation capacity and to allow greater penetration of renewable energy sources - The Invisible Energy Resource. The media rush to highlight every major new renewable power project, but another clean energy resource gets far less attention, even though it's flexible, abundant, relatively inexpensive and valued overall at billions of dollars. According to a recent report by the North American Electric Reliability Council (NERC), this unheralded resource is equal to 29,000 megawatts of capacity during periods of peak summer demand--as much as all U.S. wind, solar, geothermal, and biomass power combined.
Energy Net

Peak Energy: Ausra La Vista, Baby - 0 views

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    Expatriate Australian solar power company Ausra was one of the companies that featured heavily in my post on concentrating solar thermal power earlier in the year. California Governor Arnold Schwarzenegger has opened Ausra's first plant, a 5 MW plant at Kimberlina in central California (the first to open in 20 years) which will generate enough electricity during peak hours to power 3,500 homes. Ausra's next plant will be a 177 MW plant nearby in San Luis Obispo County. The SMH quoted Schwarzenegger as saying "This next generation solar power plant is further evidence that reliable, renewable and pollution-free technology is here to stay, and it will lead to more California homes and businesses powered by sunshine. Not only will this large-scale solar facility generate power to help us meet our renewable energy goals, it will also generate new jobs as California continues to pioneer clean-tech industry".
Energy Net

AFP: China plans 440-bln dlr stimulus for green energy - 0 views

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    China is planning a stimulus package worth 440 billion dollars to expand its renewable energy use, state media said, as the country aims to rely more on cleaner ways to power its growth. The three trillion yuan (439.7 billion dollars) investment will see part of the focus on wind power, the Beijing Morning Post said, citing Liang Zhipeng, a State Energy Administration official. The government has collected opinions from local economic planning agencies and relevant companies about a draft plan, Liang said, according to the report. Under the plan, China's wind power capacity will reach over 100 gigawatts by 2020, the report said, more than triple a goal of 30 gigawatts announced in 2007 in a renewable energy development plan.
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