My first week working with the East Coast Greenway Alliance was amazing. And I have some big news to share that helps make my dream of a mobile bicycle/solar existence possible. Bicycles are already cost-effective, but solar has been out of reach to most consumers in the past. It’s price just fell for the 11th straight month, reaching a new record low. (more…)
Posts Tagged ‘renewable energy’
Solar price falls to new record low, now below 20 cents per kWh
Sunday, September 6th, 2009Retail Solar Price Drop Accelerates, New Record Lows Reached
Tuesday, August 4th, 2009August solar prices fell at the quickest pace in the last eight years, according to the monthly survey by Solarbuzz.com. In Europe, prices reached another record low. And industrial electricity prices are finally poised to fall below (more…)
Weekly US oil output falls below last year’s level
Monday, August 3rd, 2009
I’ve been sharing the slow reduction of US oil output as oil drilling counts fall during the last few months. Now production has finally fallen below last year’s level. While petroleum fuel inventories remain very high, lower output should tighten them in the months ahead. Even so, I expect oil output to be higher than 2008 on average due to the (more…)
AWEA: Record US Wind Power Growth in First-Half 2009
Tuesday, July 28th, 2009
US wind capacity continued its impressive growth in the second quarter while fossil fuel consumption continued to fall. The American Wind Energy Association (AWEA) just released their second quarter report, and it’s full of surprisingly upbeat news for a sector hard-hit by the recession. The resilience of wind power as a low-cost, carbon-free source of electricity is made clear by the (more…)
New report predicts huge wind power growth ahead
Tuesday, July 21st, 2009
A new wind power report just came out of the US Department Of Energy that bodes very well for future wind power growth. After a difficult year in 2009, record growth is expected to continue 2010-12. In fact, wind power is expected to be the biggest source of new electricity supply during (more…)
SET goes solar (starting with my cell phone)
Tuesday, July 14th, 2009
photo by Jerry Markatos
I’m happy to report that Sustainable Energy Transition (SET) is now getting the bulk of its cell phone’s energy needs from solar power! After 250 blog posts over the past year, it’s nice to look back at this piece of tangible progress for SET’s operations. Thanks to Connect2Earth.org, a green online community supported by WWF, IUCN and Nokia, who gave SET the solar charger – we are further walking our talk. (more…)
Some balance returning to US fuel inventories
Thursday, July 9th, 2009
The Energy Information Administration (EIA) just released its weekly reports on petroleum and natural gas supply and demand. They both showed the beginnings of a return to balance in the American fuel market. While demand remains low for oil and its refined products, supply is moving lower for equilibrium. The same is happening for (more…)
July solar price survey shows new record low in Europe
Tuesday, July 7th, 2009
The monthly solar price survey by Solarbuzz.com just came out. And it showed retail prices fell another ~1% last month. Prices still have a ways to go before grid parity arrives, but its nice to see the continued progress. Europe is now enjoying another record low solar price for individual modules at (more…)
Solar quickly approaching grid parity
Monday, July 6th, 2009Solar module prices are falling so fast that solar may be able to cost-effectively compete with fossil fuels within a matter of months. The latest bit of news confirming astounding price drops was from China’s LDK Solar. LDK is a producer of the main component of solar modules (wafers). While their second quarter guidance showed a boost in shipments, it also lowered their revenue expectations, translating into a cost per watt of (more…)
Deutsche Bank leader: Renewable Energy Ready, Clean Coal Years Away
Monday, June 29th, 2009
One of the most compelling speakers at our last day of REFF Wall Street was Deutsche Bank’s Global Head of Asset Management, Kevin Parker.
The focus of his talk was the importance for the finance community to respond to resource scarcity amidst a (more…)