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March 3, 2009 Arizona based First Solar has achieved a major milestone in reducing the manufacturing cost for solar panels below the $1 per watt price barrier - the target necessary for solar to compete with coal-burning electricity on the grid or grid-parity. Using cadmium telluride (CdTe) technology in its thin-film photovoltaic cells, First Solar claims to have the lowest manufacturing cost per watt in the industry with the ability to make solar cells at 98 cents per watt, one third of the price of comparable standard silicon panels. The efficiency is in part due to a low cycle time - 2.5 hours from sheet of glass to solar module - about a tenth of the time it takes for silicon equivalents.

Der Spiegel has an interview with Boeing's "chief environmental strategist", Billy Glover, on prospects for biofuel use in air transport (he's very optimistic, but short on detail) - Algae Could 'Supply Entire World with Aviation Fuel'. SPIEGEL ONLINE: Mr. Glover, given the current low price of oil, why would airlines still even be interested in biofuels? Glover: Indeed, the oil price has changed rapidly. But it has done that many times before and it will continue to do so. Even today, the highest operating expense for an airline is fuel. It remains a priority to find a way to mitigate that situation. That is why Boeing is trying to open up this avenue of alternative fuel. It can help that situation while having a better environmental performance at the same time.

Smart grid technology can affect energy pricing in two ways: raising the rates for high-demand peak periods and lowering it during off-peak times.

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it is clear that soaring oil prices are undermining the benefits of debt cancellation in some countries, especially poor oil-importing nations.

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