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Renewables Can Safely Reach 30% Penetration: IEA

Carbon-free wind power and solar photovoltaics (PV) can be fully integrated into power systems in large volumes without compromising grid stability and at a reasonable cost, according to a new study. A study released by the International Energy Agency, The Power of Transformation – Wind, Sun and the Economics of … Read more »

Policy & Enforcement Briefing: Shell, BP in Price Probe; Feds ‘Shielded’ Wind Firms

European Commission antitrust regulators are investigating Royal Dutch Shell, BP, Statoil and price reporting company Platts – a subsidiary of McGraw Hill Financial – over potential oil price manipulation. The probe is examining how price reporting companies help determine the cost of raw materials, Bloomberg says. The federal government is … Read more »

Cleantech to ‘Backtrack’ in 2013, Kachan Predicts

Global cleantech will “backtrack” in 2013, with venture capital investments declining even further than it did in 2012 and long-term risks emerging in the solar, wind and electric vehicle market, forecasts consulting and analysis firm Kachan & Co. The company’s latest annual predictions say cleantech venture capital investment won’t ever … Read more »

IKEA

Ikea Targets Energy and Resource Independence by 2020

Ikea today announced a plan to become energy and resource independent by 2020, which includes constructing €1.5 billion ($2.4 billion) of wind and solar projects. The retailer’s new sustainability strategy, dubbed People & Planet Positive, includes targets to reach by 2020 and has three focus areas. In addition to producing … Read more »

Burning Down the House: The Shocking Economics of Energy

Imagine if Mitt Romney’s sons burned through their entire family fortune in less time than it takes to watch Titanic in 3D. That would be crazy, right? But that’s exactly what we’re doing when it comes to energy: we’re burning our inheritance instead of collecting our income. We don’t normally … Read more »

Renewables Briefing: Eagles Stadium Installation, U.S. Army $7b RFP, Gatwick Airport

The Philadelphia Eagles and NRG will install a 3 MW system of solar panels and micro wind-turbines at the Lincoln Financial Field, a project that when completed in December will make the stadium a top green project in the NFL and the city of Philadelphia, the companies said. The U.S. … Read more »

Policy & Enforcement Briefing: State of the Union, ETS Waivers, Tidal Permit, Cal ISO Plan

Manufacturers should get incentives to make energy-efficiency improvements to their plants, President Obama said in last night’s State of the Union address. He called on Congress to draft a bill creating such incentives, which he said would save companies $100 billion over a decade. In the speech, Obama also said he … Read more »

Policy & Enforcement Briefing: RFS2 2012, Keystone XL, SolarWorld, Aviation Carbon Tax

Policy & Enforcement Briefing: RFS2 2012, Keystone XL, SolarWorld, Aviation Carbon Tax

The EPA finalized the Renewable Fuel Standard program (RFS2) 2012 percentage standards for four fuel categories as part of the annual renewable fuel volume targets intended to achieve an overall level of 36 billion gallons in 2022. The 2012 overall volumes and standards are: biomass-based diesel (1.0 billion gallons; 0.91 … Read more »

Renewables Briefing: Bernard Matthews, China Solar Leap, Biggest Wind-Hydro Plant

Turkey company Bernard Matthews is planning a £4m ($6.4) anaerobic digester at its Holton factory in Suffolk, U.K.,  in a move that the company said would provide 13 percent of the site’s electricity needs, according to the BBC. The digester will use about 28,000 tons of liquid waste a year, … Read more »

Vestas, IBM Partner to Improve Return on Wind Power Investment

Wind power company Vestas will use IBM BigInsights analytics software and an IBM Firestorm supercomputer to improve turbine placement, increasing energy output and returns on investment, the two companies have announced. The companies said that turbine placement is a major challenge for the renewable energy industry, because turbines in the … Read more »

DOE Announces $246m for Renewables, EVs

The Department of Energy has announced $245.9 million in loan guarantees and grants for a variety of renewable energy and electric vehicle projects. Energy secretary Steven Chu (pictured) announced $43 million over the next five years aimed at speeding technical innovations, lowering costs, and shortening the timeline for deploying offshore … Read more »

Level 3 Buys 100% Renewable Power for Three Data Centers

Level 3 Communications has taken three colocation facilities 100 percent renewable. The communications services provider has signed up to a 100 percent green energy product with the electricity providers for one colocation center in Amsterdam and two facilities in London. The green power product sources its energy from hydroelectric, wind … Read more »