Group items tagged

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.

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.

Wind power truly is a great resource. We should be using lot's more of it. And solar, biomass and geothermal, etc. But, please ask yourself why taxpayers should foot the bill for oil billionaire T. Boone Pickens, so he can connect his intended wind farm to government subsidized transmission line infrastructure? Heck, his financial statement is not bleeding red ink like the U.S. Treasury.

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.

"As fossil fuel prices rise, as oil insecurity deepens, and as concerns about climate change cast a shadow over the future of coal, a new energy economy is emerging in the United States,"� says Lester R. Brown, President of the Earth Policy Institute, in a recent release, "New Energy Economy Emerging in the United States"� . "The old energy economy, fueled by oil, coal, and natural gas, is being replaced by one powered by wind, solar, and geothermal energy. The transition is moving at a pace and on a scale that we could not have imagined even a year ago."�

Read It News is your source for in-depth news and outdoor and entertainment information for Prescott, Arizona and surrounding areas. We tell stories that emphasize sustainability and community.

As fossil fuel prices rise, as oil insecurity deepens, and as concerns about climate change cast a shadow over the future of coal, a new energy economy is emerging in the United States. The old energy economy, fueled by oil, coal, and natural gas, is being replaced by one powered by wind, solar, and geothermal energy. The transition is moving at a pace and on a scale that we could not have imagined even a year ago.

As utility costs mount ever higher, Americans now have real options to take home energy matters into their own hands with "green" systems that can pay for themselves in as little as a few years. Among the choices: wind, solar, geothermal and a "microhydro" option that is potentially cheaper than a year's tuition at many state colleges.

Brian Keane, who leads a nonprofit called Smart Power, wants to do for renewable energy what the "Got Milk?" campaign does for milk and what the "Fabric of Our Lives" campaign does for cotton-he wants to make wind and solar and hydropower and geothermal energy really cool, and get more people to buy them. Here's one way he is going about it, with a little help from a friend:

Power lines, such as those near Hoover Dam, cannot be built to reach remote areas for renewable energy development until the areas for energy production are agreed upon. Several entities have offered or are working on maps locating renewable energy resources. By Alexandra Berzon (contact) Tue, Jun 16, 2009 (2 a.m.) Click to enlarge photo Chris Morris Related Document (.pdf) * See the Western Renewable Energy Zones report Sun Archives * State thinks big on solar power (6-15-2009) * The power of the desert (4-5-2009) * State faces obstacles to cashing in on sun (3-9-2009) Sun Coverage * Archive of Sun energy stories Related Story * States, energy secretary agree to safe nuclear waste transport On one map they look like bubbles. On another they're more like hot dogs. These shaded circles and oblongs in Nevada and across the West could one day be clusters of solar power plants, wind farms or geothermal energy projects.