Tag: renewables

Citigroup says renewables will continue upward trajectory, even as crude tumbles

Oil generates about 5 percent of global electricity and doesn’t generally compete directly with wind and solar power, Citigroup researchers said.  More »

A Bright Future for Renewable Energy

During the preceding decade, adoption of renewable technologies experienced rapid growth. This advancement is in response to new technologies, available energy storage, policy changes, and greater investment in renewable sources. Renewables, solar and wind power especially, have far surpassed coal and natural gas in industry growth. According to an article in the Washington Post, energy […]  More »

California energy chief calls Jerry Brown’s fuel target a ‘moon shot’

California has been setting the pace for U.S. policy on climate change and greenhouse gases.  More »

Ethanol joins U.S. fuels dominating global export market

Exports of the additive derived from corn rose 31 percent this year to the highest level since 2011, meeting demand from South Korea to Persian Gulf oil producers.  More »

German utility company E.ON to focus on renewables

E.ON said in a statement late Sunday that the new strategy will see it quit conventional power generation, global energy trading, exploration and production.  More »

Ethanol companies raided in EU benchmarks antitrust case

The European Union rekindled a probe into possible rigging of fuel-price benchmarks, raiding ethanol companies in the bloc 17 months after officials inspected three oil producers and industry publisher Platts.  More »

Mark Ruffalo touts Houston electricity plan

Actor-turned-activist Mark Ruffalo cheers Houston’s decision to buy renewable energy — part of a trend of cities and corporations seeking out alternative power.  More »

Energy Department announces $4 billion renewable energy loan program

The U.S. Department of Energy announced unveiled a new $4 billion loan guarantee program to support renewable energy and energy efficiency projects.  More »

Chile officials visit Houston to urge renewable investment

Typically, when foreign energy ministers visit Houston, they’re in town to pitch the oil and gas sector on investing in their country in order to tap a bounty of oil and gas resources. Officials from Chile in town Wednesday worked a different angle.  More »

Oil-producing Iran looks to solar to light future (photos)

In this village nestled in the arid hills of rural Iran, government-subsidized solar panels on the rooftops of homes provide both needed electricity and a shining symbol of efforts by the Islamic Republic to wean itself off fossil fuels and nuclear power.  More »

Renewables to get most of $7.7 trillion power investments

Renewable energy may reap as much as two-thirds of the $7.7 trillion in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels.  More »

Coal’s share of world energy demand at highest since 1970

Coal dominated world energy markets last year by supplying the biggest share of demand since 1970, making it the fastest growing fossil fuel, according to an annual review by BP Plc.  More »

Perry: California should learn something from Texas

During the bulk of his controversial talk to the Commonwealth Club of California , Perry held up his own state as a model for responsible energy production and economic growth.  More »

Buffett to expand energy wager ‘as far as the eye can see’

Berkshire Hathaway Inc., which has struck deals to expand its utility business in Nevada and Western Canada, plans more investment in the industry, in part by betting on renewable power, Chairman Warren Buffett said.  More »

IEA cuts gas use growth forecast as coal, renewables gain

Global natural gas demand will increase at a slower rate than previously expected through 2019 amid weaker economic growth and competition from coal and renewables, according to the International Energy Agency.  More »
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