Germany’s biggest utility E.ON — long a pillar of the country’s fossil fuel and nuclear industry — dropped a bombshell on Europe’s business world with the announcement that the multinational was exiting the conventional energy market in favor of a new business model based on renewables, intelligent grid systems, energy management and other services. Indeed, the company seems finally to have drawn the logical consequences from the Energiewende, Germany’s renewable energy transition, after years of resisting the ambitious transformation of the nation’s energy supply.
EON SE’s plan to spin off its fossil fuel plants marks a watershed moment in Germany’s renewables effort that will likely bolster the country’s already leading position in clean energy.
A new report by utility and finance experts contains positive news for the environment, our air and our (and our utilities’) pocketbooks — the economics of electric power resources have made zero-emissions energy efficiency and renewable energy technologies the most financially attractive options to meet the nation’s future energy demands.
The Brazilian government is seeking to award contracts in an auction tomorrow for natural gas- and coal-fueled power plants, reversing a drive that previously favored renewable-energy projects. It would lead to the first new thermal plants in three years, after the government scaled back such projects and awarded wind contracts starting in 2009 and solar energy earlier this year.
The power sector crisis in Japan has entered a new stage. The recent refusal of Japanese utilities to grant grid access to new renewable energy projects should not be seen as a failure of Japan’s renewable energy policy, but as a consequential and necessary phase to extend Japan’s technological leadership into the power sector.
When it comes to ownership, there are few better structures for keeping a community’s wealth local than a cooperative. So why is it that America’s rural electric cooperatives are tethered to dirty, old coal-fired power plants instead of local-wealth generating renewable power? There are a lot of answers to this question, but it might start with thi
The news about the Environmental Protection Agency’s plan to limit carbon pollution from existing power plants just got even better: the proposed Clean Power Plan (CPP) can save the power industry and its customers — us — as much as $2 to $4 billion in 2020 and $6 to 9 billion in 2030, while cleaning our air and modernizing the electricity sector.
It’s that time of year again. Are you prepared for the gift giving season? In case you need some extra help, we here at RenewableEnergyWorld.com (REW) wanted to give you some ideas for holiday gifts that you might not have thought of yourself. Below please find some ideas to inspire you to give the gift of renewables. Disclaimer: Part of this list
The clean energy revolution is now, and the U.S. Energy Department is stepping up its commitment to help innovators commercialize their best ideas. At the recent Industry Growth Forum (IGF) in Denver, Colorado, Assistant Secretary for Energy Efficiency and Renewable Energy David Danielson announced the new Lab-Corps program to accelerate the transfer of clean energy technologies from the national laboratories to the marketplace, so that game-changing innovations don't languish for lack of money and equipment.
This year’s Project of the Year Award finalists truly represent the evolving energy landscape and exciting global efforts to transition to a cleaner, renewable future. The five projects vying for the Renewable Energy Project of the Year crown include a wide range of innovative technologies from coal-to-biomass conversion to concentrating solar power.
In early 2013, a group of women, dubbed the Women in Power committee, assembled in Orlando, Florida to figure out how to honor women who have dedicated their careers to the power industry. The industry is male-dominated with men making up more than 75 percent of the workforce, according to estimates.
Innovators are, almost by nature, impatient people. What’s here and now is never good enough; they must tinker with it, always looking ahead to how they would do it differently or better. So, when the first articles appeared about the Solar Electric Power Association’s 51st State Initiative on clean tech websites, including RenewableEnergyWorld.co
While France has set ambitious targets to increase the share of renewables in its total energy consumption, Australia has taken a contrasting approach by repealing its 2011 Clean Energy Act, which established the carbon pricing mechanism, according to Pranav Srivastava, an analyst with research and consulting firm GlobalData.
President Barack Obama will pledge $3 billion to a United Nations climate-change fund that’s intended to help poor nations boost renewable energy and counter the ill effects of global warming.
The U.S. expects to earn $5 billion to $6 billion from a federal loan program, bolstering President Barack Obama’s decision to back low-carbon technologies.
The world’s decision-makers must not let current events distract them from recognizing and addressing the longer-term signs of stress that are emerging in the global energy system, the International Energy Agency (IEA) warned today at the launch of its annual World Energy Outlook 2014 report in London.
President Barack Obama pledged deeper U.S. cuts in greenhouse-gas emissions and China will for the first time set a target for capping carbon emissions under an agreement between the world’s two biggest economies.
Fossil fuels are reaping $550 billion a year in subsidies and holding back investment in cleaner forms of energy, the International Energy Agency said.
The transformation taking place in the electricity system is enormous, and the prescribed solution — a version 2.0 electric utility — offers a way for utilities to remain financially solvent, even profitable, in a massively decentralized and renewable energy system. The prescription is powerful: radically change the desired outcomes of the electri
The Power-Gen 2014 Women in Power committee is pleased to announce the finalists for the Power-Gen 2014 Woman of the Year Award.