This month brought another exciting piece of news for those of us hoping the US will transition to renewable energy in the years ahead. Not only did the US add a record amount of wind capacity in 2009, but new data show that the potential supply of wind power is almost infinite relative to our electricity consumption. The US government agency that deals with renewables, the National Renewable Energy Laboratory (NREL), finally updated their study of onshore wind resources (since the last comprehensive study in 1993). They now estimate that wind power (more…)
Posts Tagged ‘Wind’
US Wind Potential Estimate More Than Triples
Sunday, February 28th, 2010Wind & Solar Poised to Supply New Demand
Sunday, February 7th, 2010The recession was supposed to slow down white-hot renewable energy growth. A lack of financing and tax equity was to reduce the wind and solar markets as much as 50% in 2009. Instead, last year brought new records in capacity additions. Wind power in the US grew (more…)
Tuvalu commits to 100% clean electricity by 2020
Monday, July 20th, 2009
Rising sea levels are something small island nations like Tuvalu and the Maldives cannot ignore. That is why the Pacific state of Tuvalu just joined the Maldives as a leader in renewable electricity generation. They committed to get all of their electricity from renewables like wind and solar by the year (more…)
Recession keeps a lid on fuel prices
Thursday, July 2nd, 2009
The recent oil price rally has taken a break due to the persistence of recessionary low demand. While lower prices may finally translate into lower crude oil and natural gas output in July 2009 than in 2008, US demand numbers show little sign of recovery. This reality makes it tough for renewable energy to compete currently, but is a relief to (more…)
The Human Toll of Fossil Fuel Use
Tuesday, June 30th, 2009
Most of my posts have focused on the environmental and public health impacts of burning fossil fuels due to their greenhouse gas emissions. But the 16 deaths from a liquefied petroleum gas explosion on an Italian train today are an important reminder that reduced emissions are not the only benefit from efficiency and (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…)
Renewables Analyst Calls 1Q 09 The Bottom
Friday, June 26th, 2009
New Energy Finance CEO Michael Liebreich gave Renewable Energy Financial Forum (REFF) participants an informative presentation to the hundreds of financial leaders filling New York City’s Waldorf-Astoria.
Based on his firm’s research, he called the (more…)
Green Wall Street gets together
Wednesday, June 24th, 2009
The barons of Wall Street have been blamed for the global financial crisis. They have been the target of Main Street ire and the butt of talk show jokes. But as I walk the halls of New York City’s Waldorf-Astoria today, it is clear that the hundreds of suits filling the conference space want to change that. (more…)
May report: US emissions expected to fall further
Tuesday, May 12th, 2009
The US Energy Information Administration (EIA) released its monthly Short Term Energy Outlook today. And their projection for 2009 US carbon dioxide emissions from energy fell even further than last month’s. The drop was led by (more…)
Oil & Gas Prices Back on the Rise
Thursday, May 7th, 2009
The prices of oil and natural gas appear to have bottomed now. But with inventories near record levels, a quick price spike much higher doesn’t seem sustainable in the short-term. Yesterday, the US Energy Information Administration (EIA) weekly petroleum report clearly showed that recessionary low demand continues to dominate (more…)