EVs and Energy Storage Pave the Road to a Clean Energy Future

“The times they are a’ changin’.” So goes Bob Dylan’s classic song from the ’60s, and that’s certainly the case when it comes to how we generate, distribute, use and store electricity. Having made great strides in enhancing performance and reliability and reducing costs, growing government support and incentives for intelligent energy storage solutions adds significant impetus to the growing wave of change sweeping across the U.S. power sector.

Energy Efficiency News – RenewableEnergyWorld.com
Artikelns källa: Renewable-energyworld

Divesting from Fossil Fuels: Last One Out Loses

A new report written by Nathaniel Bullard at Bloomberg New Energy Finance (BNEF) highlights the difficulties large institutional investors would have divesting from fossil fuels. What it does not specifically discuss is that these difficulties could lead to large financial losses for investors who see the difficulty of divesting as a reason to delay.

Energy Efficiency News – RenewableEnergyWorld.com
Artikelns källa: Renewable-energyworld

Infrastructure Upgrades Mean Texas No Longer Wastes Wind Power

According to a report by the Energy Information Administration, wind curtailments in Texas have dropped steadily and substantially since 2011 thanks mostly to the state’s completion of 3,500 miles of transmission lines as part of the Competitive Renewable Energy Zones program.  A curtailment refers to and event where a power plant is asked to slow

Energy Efficiency News – RenewableEnergyWorld.com
Artikelns källa: Renewable-energyworld

Lubricating Energy Policy

The new report from the Taxpayers for Common Sense shows that oil companies paid just 11.7 percent of their U.S. income in federal taxes over the last five years, and the “smaller” companies included in the study that reported positive earnings only paid 3.7 percent. To achieve such a low tax rate, oil companies were able to take advantage of special tax breaks and loopholes that allowed them to defer more than $ 17 billion in taxes they would have otherwise owed.

Energy Efficiency News – RenewableEnergyWorld.com
Artikelns källa: Renewable-energyworld

The Power of Collective Energy Purchasing

”We can’t do it as an individual, but four hundred communities aggregating and asking for local wind power and solar power — that’s really powerful.” Oak Park, IL, is one of hundreds of Illinois towns using their authority to buy electricity in bulk on behalf of its residential and small business customers. So far, most communities have used the po

Energy Efficiency News – RenewableEnergyWorld.com
Artikelns källa: Renewable-energyworld

Expert Interview: Utilities Should Take Advantage of the Transformation

Perry Stoneman (pictured below), Corporate Vice President and Global Head of Sectors and Utilities at Capgemini, who will be speaking at this year’s European Utility Week, says that it is not clear whether enough utilities have their digital roadmap in place. He suggests that utilities have the opportunity to be a part of this change but that they will need to plan ahead.

Energy Efficiency News – RenewableEnergyWorld.com
Artikelns källa: Renewable-energyworld

Big Companies, Big Renewable Investments

The world’s largest enterprises are realizing the benefits of renewable energy, motivating many top-tier companies to set up voluntary corporate renewable energy programs that scale up their use of on-site solar and wind power systems. Many factors have influenced Fortune 500 companies and other leading enterprises to adopt these targets, including an attractive economic return on investment, the worsening effects of climate change, and a deep concern from their customer base about environmental sustainability. Corporations are fighting to bring about public policy that facilitates renewable energy installations on commercial buildings. Twenty-four companies from the Fortune 100 and Global Fortune 100 have set specific targets for percentage of renewable energy generated, capacity (MW) or level of investment in renewable energy for their own operations.

Energy Efficiency News – RenewableEnergyWorld.com
Artikelns källa: Renewable-energyworld