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The United States Congress passed tax credits for wind, solar, biomass, and geothermal energy, worth $17 billion over eight years. The tax credit portion of the law beefs up and extends an expiring tax credit for renewable-energy projects. It extends a wind power credit for one year, extends geothermal and biomass energy credits for two years, and provides incentives to the solar industry - such as the removal of a $2,000 credit cap for residential solar installations - for eight years, until 2016.

Geothermal installers are in demand. Even in a down economy, companies are making big profits and looking for more installers all the time.

Recently the town of Heerlen in the Netherlands repurposed an old abandoned coal mine into a brilliant source of geothermal energy. The project takes advantage of flooded underground mine shafts, using their thermal energy to power a large-scale district heating system. Dubbed the Minewater Project, the new system recently went online and provides 350 homes and businesses in the town with hot water and heating in the winter and cool water in the summer.

Choosing to be a Geothermal Operations Engineer may provide great opportunity in the near future.

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."

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.

Renewable energy has appeared as a large sector in the global energy combination because huge investments has occurred on a worldwide scale. Renewable energy is the form of energy which is constantly replenished by the environment like solar, wind, tide, geothermal, nuclear, bio fuel etc., and it is present in abundance without the fear of it getting extinct.

A Provo firm Thursday launched a project that could foreshadow the next revolution in renewable energy resources for Utah and the rest of the nation, the Deseret News reports. Raser Technologies Inc. marked the completion of a 10-megawatt geothermal power plant with a ribbon-cutting ceremony at the Beaver County facility located in Thermo, near Milford.

EcoLcoker Ltd (Energy Suppliers in London) - Learn how the EcoLocker Ltd planning and research into emerging markets and sustainable energies, renewable energy technologies -- including wind, solar and geothermal sources.As an independent company

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.

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.

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.

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.

The Business Spectator has an interesting column on India's growing energy needs and their renewable energy potential - India's will to power. Though blessed with an abundance of non-depleting renewable energy resources, India's record in tapping them has been dismal. Mercifully, of late, renewable sources are getting greater attention. But there is still a long way to go from the 4.9 per cent that renewable energy contributes to total energy generated. The official target is to increase this share to 10 per cent by 2012 and further in subsequent years. ... Among renewable sources, geothermal energy which is derived from natural heat stored in the deep interior of the earth promises to be a key source. Except for a few half-hearted attempts, the government has done practically nothing to exploit this vast reserve.

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: