The world’s largest enterprises are realizing the benefits of renewable energy, motivating many top-tier companies to set up voluntary corporate renewable energy programs that scale up their use of on-site solar and wind power systems. Many factors have influenced Fortune 500 companies and other leading enterprises to adopt these targets, including an attractive economic return on investment, the worsening effects of climate change, and a deep concern from their customer base about environmental sustainability. Corporations are fighting to bring about public policy that facilitates renewable energy installations on commercial buildings. Twenty-four companies from the Fortune 100 and Global Fortune 100 have set specific targets for percentage of renewable energy generated, capacity (MW) or level of investment in renewable energy for their own operations.
People speak reverentially about the electricity grid, and rightly so. The U.S.’ electricity grid is an awesome technical, operational, and public policy accomplishment. Who can deny the matchless service it delivers, occasional weather-related breakdowns notwithstanding? In fact, acts of Mother Nature — Hurricane Sandy, say — only highlight its otherwise stellar reliability. And rural electrification, like rural telephony, is a triumph of public policy with foresight.
What do megajoules have to do with hectoliters? Everything, if you are considering the energy intensity of manufacturing beer. And after a recent tour of the New Belgium Brewing Company in Fort Collins, I’ve learned that when it comes to a commitment to renewable energy and energy efficiency in beer brewing, Colorado’s thriving craft brewing scene is a great example.
France’s planned energy law will mobilize about €10 billion (US $13.4 billion) in investment through tax credits and low-interest loans to spur efficiency and renewable power, Environment Minister Segolene Royal said.
If all energy production channels were employed, the United States has sufficient resources to eliminate all coal, gasoline and diesel combustion in all demand sectors and replace them with natural gas, wind and solar electricity firmed and shaped with both grid-scale and distributed energy storage. I believe that we can reach a zero-air-pollution, coal-free, crude-import free, all-electric low-cost energy future. We have energy rhetoric and technology to get there; do we have leadership and will?
Community choice aggregation describes a situation where a town can become the bulk buyer of electricity on behalf of its residential and small business customers. Such local aggregations serve about 5 percent of utility customers in Illinois, Ohio, Massachusetts, Rhode Island, and California, but it’s Marin Clean Energy in California that stands a
Last month, Ohio Governor Kasich signed legislation putting a two-year ‘freeze’ on the state’s proven, successful, and money-saving renewable energy standard. Doing so, he is moving Ohio backward as other states move forward, developing job-creating CO2-neutral/CO2-light, clean renewable energy. This new state law freezes economic growth in a sect
How Opposite Energy Policies Turned The Fukushima Disaster Into A Loss For Japan And A Win For Germany
Japan thinks of itself as famously poor in energy, but this national identity rests on a semantic confusion. Japan is indeed poor in fossil fuels — but among all major industrial countries, it’s the richest in renewable energy like sun, wind, and geothermal. For example, Japan has nine times Germany’s renewable energy resources. Yet Japan makes about nine times less of its electricity from renewables (excluding hydropower) than Germany does.
For locals participating in the Pecan Street Demonstration in Austin’s suburban town of Mueller, TX, residential carbon footprint data is about as available as square footage. Their home utility consumption is monitored by the Pecan Street Research Institute at The University of Texas-Austin as part of the institute’s efforts to understand how indi
At Renewable Energy World, we understand that while we spend lots of time writing about the policies, technologies and intricacies of financing renewable energy, the only measureable result of all of this effort is steel in the ground (or on the roof…or in the water… as the case may be). The growth of renewable energy is measured through projects
For most people, the best way to build a green or fossil-free portfolio will be to use mutual funds or an investment advisor. The exceptions are those who like to do things for themselves, and understand the significant advantage that saving just a fraction of a percent in annual fees can make to the long term performance of a portfolio.
While Germany is often lauded for its Energiewende, a new report released by Zurich-based Finadvice for the Edison Electric Institute explains the consequences of its transition, which include high electricity prices, subsidy debts, grid instability, and costly grid upgrades.
After two weak months, June brought a strong recovery to clean energy stocks and the market in general. The broad market benchmark IWM put on 7.2 percent, reversing its previous loss for the year to enter the 4th of July holiday up 4.7 percent. My clean energy benchmark PBW shot up 8.6 percent, for year to date gains of 9.9 percent.
Emerging economies, especially India, desperately need a novel, suitable electricity solution; alas, what exists is a hundred years old and unsuited for our times. This situation is frustrating because affordable, clean, 100 percent electrification, technologically speaking, is at hand yet no one has stepped forward to lead.
In an effort to seek out and give financial help to innovative technologies that reduce energy use and encourage the uptake of renewable energy, the U.S. government last week announced that it was making $4 billion available in loan guarantees. The money, which is provided by the Loan Program Office (LPO), is for innovative renewable energy and energy efficiency projects located in the U.S. that avoid, reduce, or sequester greenhouse gases.
"Big data" is playing an increasingly big role in the renewable energy industry and the transformation of the nation's electrical grid, and no single entity provides a better tool for such data than the Energy Department's Energy Systems Integration Facility (ESIF) located on the campus of the National Renewable Energy Laboratory (NREL). Imagined by NREL leaders who foresaw the possibilities for high performance computing (HPC), the ESIF's HPC data center is fulfilling the goal of handling large and complex datasets that exceed traditional database processes.
The argument industrial polluters and their friends in Congress are making against the new Environmental Protection Agency plan to curb power plant carbon emissions should sound familiar. After all, it's the same scare tactic they trot out every time the government proposes stricter emission controls: exaggerate the cost, overstate job losses, and completely ignore the benefits.
An observer of Sir Richard Branson over say 20 years might have remarked how much older he looked as the keynote speaker at the BIO convention this week in San Diego. He struggled for words at times and was visibly tired by the end of his hour on stage; but he had lost nothing of his charm, nor had he varied in his iconoclastic approach to building great enterprises or his views on technology in the face of climate change.
While Charlotte, N.C., is perhaps best known as a financial center, with big institutions like Bank of America and Wells Fargo dominating the skyline, the area is also a major energy hub. The region is home to more than 260 companies and nearly 28,000 workers that are tied directly to the energy sector, including Charlotte-based Duke Energy. Moreover, the region is developing a growing number of clean energy initiatives, and the state has implemented legislature that requires investor-owned utilities to generate 12.5 percent of their retail sales from renewable energy by 2021.