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NewEnergyNews More

Every day is Earthday.

Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

email: herman@NewEnergyNews.net

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Your intrepid reporter

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  • Wednesday, April 23, 2014

    MONEY COMING BACK TO NEW ENERGY

    Stronger First Quarter For Global Investment in Clean Energy; Small-scale solar in Japan and the US, and renewable power financings in emerging markets, help investment to rise 10% compared to Q1 2013

    April 16, 2014 (Bloomberg New Energy Finance)

    “Investment in clean energy worldwide rallied nearly 10% in the first quarter of 2014 compared to the same period a year earlier, reaching $47.7bn…[owing] much to a 42% jump in investment in small-scale solar, as households and businesses in countries such as Japan and the US took advantage of the big falls that have taken place in the cost of photovoltaic systems…The first quarter is often the weakest of the year for investment in clean energy…So, although global investment in Q1 2014, at $47.7bn, was down on Q4′s $58.1bn, the more useful comparison is with the first quarter of 2013′s $43.6bn… Also rising strongly year-on-year was public markets investment…The WilderHill New Energy Global Innovation Index, or NEX, which tracks around 100 clean energy stocks worldwide, appreciated 11% in the first quarter, to roughly double its low of July 2012…” click here for more

    CELLULOSIC BIOFUELS FROM CORN STOVER STUMBLE

    Study: Fuels From Corn Waste Not Better Than Gas

    Dina Cappiello, April 21, 2014 (AP)

    “Biofuels made from the leftovers of harvested corn plants are worse than gasoline for global warming in the short term…challenging the Obama administration's conclusions that they are a much cleaner oil alternative and will help combat climate change…[A study in the] peer-reviewed journal Nature Climate Change concludes that biofuels made with corn residue release 7 percent more greenhouse gases in the early years compared with conventional gasoline…While biofuels are better in the long run, the study says they won't meet a standard set in a 2007 energy law to qualify as renewable fuel…The conclusions deal a blow to what are known as cellulosic biofuels…About half of the initial market in cellulosics is expected to be derived from corn residue…The biofuel industry and administration officials immediately criticized the research as flawed. They said it was too simplistic in its analysis of carbon loss from soil…” click here for more

    SUIT AGAINST WIND FOR BAT IMPACTS THROWN OUT

    Federal lawsuit over western Md. wind farm ends

    April 18, 2014 (Seattle Post-Intelligencer)

    “A legal dispute over a western Maryland wind farm has ended…A U.S. District Court judge in Baltimore dismissed…The citizen group Save Western Maryland filed the lawsuit in 2010 against developers of the 28-turbine Criterion wind farm in Garrett County. The project owned by Chicago-based Exelon Corp has been operating since 2010… In December, the [U.S. Fish and Wildlife Service] approved operational changes Exelon had proposed to minimize harm to the bats…” click here for more

    Tuesday, April 22, 2014

    ON EARTH – A QUICK LOOK BACK

    Every day is Earth Day. Make a difference. Be the change. From csunas via YouTube

    OBSERVATIONS FOR EARTH DAY (continued)

    17 Inspiring Quotes for Earth Day…(continued from yesterday)

    Vi-An Nguyen, April 19, 2014 (Parade)

    “Celebrate Earth Day…with moving quotes about the natural world from conservationists and naturalists…They’re all worth remembering on this day set aside to honor Mother Nature…Here is your country. Cherish these natural wonders, cherish the natural resources, cherish the history and romance as a sacred heritage, for your children and your children’s children. Do not let selfish men or greedy interests skin your country of its beauty, its riches or its romance. — Theodore Roosevelt…Humankind has not woven the web of life. We are but one thread within it. Whatever we do to the web, we do to ourselves. All things are bound together … all things connect… — Chief Seattle…You cannot get through a single day without having an impact on the world around you. What you do makes a difference, and you have to decide what kind of difference you want to make. — Jane Goodall…” continued from yesterday – click here for more

    OBAMA ADMIN UPS BACKING FOR NEW ENERGY

    US Energy Dept plans $4 bln in loan aid for renewable energy

    Ayesha Rascoe, April 18, 201`4 (Reuters)

    "The U.S. Energy Department…unveiled a plan for up to $4 billion in loan aid for renewable energy companies to help rejuvenate a program that faced harsh political attacks over past failures of federally subsidized projects…The Obama administration's draft plan would provide loan guarantees for innovative projects that limit or avoid greenhouse gas emissions…It will specifically focus on advanced electric grid technology and storage, biofuels for conventional vehicles, energy from waste products and energy efficiency…[Financing should be awarded] by the end of the year or early 2015…” click here for more

    Monday, April 21, 2014

    OBSERVATIONS FOR EARTH DAY

    17 Inspiring Quotes for Earth Day: 'The Environment Is Where We All Meet'

    Vi-An Nguyen, April 19, 2014 (Parade)

    "Celebrate Earth Day this Tuesday, April 22, with moving quotes about the natural world from conservationists and naturalists…They’re all worth remembering on this day set aside to honor Mother Nature… The environment is where we all meet; where all have a mutual interest; it is the one thing all of us share. — Lady Bird Johnson…A true conservationist is a man who knows that the world is not given by his fathers, but borrowed from his children. — John James Audubon…In every walk with nature one receives far more than he seeks. — John Muir…Look deep into nature, and then you will understand everything better.” — Albert Einstein…” continued tomorrow – click here for more

    BACK TO OWNERSHIP IN SOLAR

    Solar Monetization Option Challenges Third-Party Ownership Assumptions

    Mark Del Franco, April 17, 2014 (Solar Industry)

    “While third-party ownership (TPO) represents much of the growth in residential photovoltaic installations, several factors may be starting to inject a few new wrinkles into the home solar market…[In the current third-party model, solar providers] own, maintain and insure solar panels on a homeowner's roof. Homeowners switch to solar without the high upfront cost, avoid the responsibilities of ownership and save money on electricity bills…[M]ore than $3 billion in project financing has been raised since SolarCity and Morgan Stanley closed the first residential tax equity portfolio financing in the U.S. in 2008…[But in] an emerging scenario, the homeowner - not the solar company - owns the PV system and typically signs a maintenance and service contract with an electrical contractor…The homeowner is able to fully monetize the tax credits on a dollar-for-dollar basis…[and some financial players] are deploying debt products in an effort to shift industry focus away from TPO…” click here for more

    15X GROWTH FOR ASIA PACIFIC MIDROGRIDS

    Microgrids in Asia Pacific; Commercial/Industrial, Community/Utility, Campus/Institutional, and Remote Microgrids: Country-Level Market Analysis and Forecasts

    2Q 2014 (Navigant Research)

    “…[T]he Asia Pacific region has experienced particularly robust demand for microgrids due to economic development, electrification, and industrialization…In emerging countries such as China, India, Indonesia, Malaysia, and the Philippines, electricity has not been and still is not a commodity service for everyone…[R]emote microgrids will show strong growth in these countries through 2023…[D]eveloped nations, including Australia, Japan, Singapore, and South Korea, will pursue technology development and pilot projects in the next few years and then will deploy diverse applications, especially in the commercial/industrial, campus/institutional, and community/utility microgrid segments. Navigant Research forecasts that annual grid-tied and remote microgrid capacity in the nine select Asia Pacific countries will grow from 37.0 MW in 2013 to 597.3 MW in 2023…” click here for more

    Wednesday, April 16, 2014

    THE RACE AGAINST CLIMATE CHANGE

    IPCC: Mitigating Climate Change More Challenging Than Ever

    Eli Kintisch, 13 April 2014 (Science)

    "Global greenhouse emissions are skyrocketing. Emissions cuts required to avoid dangerous impacts of climate change are steep. And despite decades of talk, world governments have made paltry efforts to address the problem...That’s the grim picture painted by…[the latest climate change report from] the Intergovernmental Panel on Climate Change (IPCC)…The report also describes the daunting work required to sidestep climate dangers…Economists have compared the task of lowering the world economy’s carbon footprint—now the equivalent of about 50 billion tons of carbon dioxide per year—to turning a cruise ship. But the report says the ship is firing full steam ahead…[and tackling global emissions on such a massive scale will be pricey, the report finds…” click here for more

    THE FAST RISING POTENTIAL OF U.S. NEW ENERGY

    Report Challenges EIA's Renewable Energy Projections; Says Renewables Could Hit 16% of U.S. Electrical Generation in Five Years, Not 27 Years as EIA Forecasts

    Ken Bossong, April 16, 2014 (SUN DAY Campaign)

    “…[T]he SUN DAY Campaign challenges assertions by the U.S. Energy Information Administration (EIA) that renewable energy sources will provide only 16% of the nation's net electrical generation by the year 2040. Using EIA's own previously published data, the analysis shows that it's more likely the 16% level could be reached within five years…EIA's own published data…that the percentage of the nation's net electrical generation represented by renewable energy has expanded from less than 9% in 2004 to nearly 13% in 2013…Given the relatively consistent growth trends of the past decade or longer for most renewable energy sources and their rapidly declining costs, it seems improbable that it will require another 27 years to grow from 13% to 16%...[EIA's forecast] is simply wrong…[I]f the trends reflected in EIA data from the past decade continue, renewable energy sources could increase to as much as 13.5% of net U.S. electrical generation in 2014, to 14.4% in 2015, to 15.3% in 2016, and reach or exceed 16.0% no later than 2018…[or, at worst,] by 2020…” click here for more

    BIG TEXAS WIND SHRINKS ELECTRICITY MRKT PRICE

    Power Prices in Texas Fall as Wind Generation Above Forecast

    Harry R. Weber, April 14, 2014 (Bloomberg BusinessWeek)

    “Spot wholesale electricity in Texas slid as generation from wind was above expectations…Wind power on the Electric Reliability Council of Texas Inc. network averaged 8,778 megawatts for the hour ended at 10 a.m. local time, above the day-ahead forecast of 8,425 megawatts…Spot power at the Texas North hub, which includes Dallas, fell $6.52, or 18 percent, to average $30.59 a megawatt-hour for the hour ended at 10 a.m. versus the same time April 11…Houston hub prices declined $6.29, or 17 percent, to $30.64…New York City power rose $2.43, or 6.2 percent, to average $41.71…while Boston power gained $2.03, or 5.4 percent, to $40.12…” click here for more

    Tuesday, April 15, 2014

    WORLD WIND TO BOOM THROUGH 2014

    Wind Power Projects to Rise to Record in 2014, Lobby Says

    Alex Morales, April 9, 2014 (Bloomberg News)

    “Wind-power installations will climb to a record this year, driven by resurgent U.S. demand and growth in developing nations from Brazil to China, the Global Wind Energy Council predicted…Worldwide installations will probably surge 34 percent to 47.3 gigawatts in 2014…That follows a drop by more than a fifth to 35.3 gigawatts last year that was fueled by crashing U.S. demand after a tax credit to the industry expired…[Developing countries in Asia, Latin America and Africa] will spur new wind power demand for the next five years…The U.S. will also see a rebound, because of the structuring of the industry’s [production tax credit (PTC)]…” click here for more

    NAT GAS AND SOLAR WERE 75% OF U.S. 2013 NEW POWER

    Solar And Gas Provided Nearly 75% Of All New U.S Capacity In 2013

    8 April 2014 (Solar Industry)

    “Capacity figures compiled by the U.S. Energy Information Administration (EIA) show that natural gas and solar are providing the vast majority of the nation's new electricity generating resources. Natural gas-fired power plants accounted for just over 50% of new utility-scale generating capacity added in 2013. Solar provided nearly 22%, a jump up from less than 6% in 2012. Coal provided 11% and wind nearly 8%...In total, a little over 13.5 GW of new capacity was added in 2013, less than half the capacity added in 2012…Solar photovoltaic added 2,193 MW of capacity in 2013…Distributed solar PV capacity additions also grew in 2013, with estimated non-utility additions of 1,900 MW…” click here for more