Renewable energy still faces serious challenges

Renewable Energy Growth

Renewable energy is growing throughout the world, but it still faces many serious challenges that can prevent projects from taking form. Some of these challenges involve the difficulty associated with successfully commercializing clean technology, while price distortions also present a significant hurdle. Other challenges have to do with public outlook on renewable energy, with people in some countries failing to see the public benefit of cleaner forms of power, both economically and environmentally. Overcoming these challenges is vital to the successful future of renewable energy as a whole. Commercialization of…

Read More

Japan is making major progress on its renewable energy goals

Renewable Energy Japan - Japanese Flag

Report shows that renewable energy is helping Japan accomplish its environmental goals quickly Japan is well on its way to meeting its environmental goals by 2030, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlights energy efficiency as a major contributor to Japan’s efforts to become more environmentally friendly and reduce reliance on older forms of power. Notably, an increase in energy efficiency has driven down the demand for electricity throughout the country over the past six years. This trend is…

Read More

Coal consumption is falling in the US due to growth of renewable energy

renewable energy - consumption of coal

Renewable energy could eventually replace coal Usage of coal to produce electrical power has been on a steady decline in the United States over the past few years, according to a recent study from the Energy Information Administration. The study highlights the country’s continuing shift away from fossil-fuels toward renewable energy. Notably, wind and solar power have begun to replace coal in some parts of the United States. Natural gas is also becoming very popular in the country and while not a clean form of power, natural gas produces far…

Read More

Colorado city sets sights on renewable energy to combat power problems

Renewable Energy - Pueblo, Colorado Courthouse

Homeowners voice concern over power outages and hope to see more renewable energy solutions Homeowners in Pueblo, Colorado, have come together to voice concern over the city’s apparent energy crisis. According to homeowners, as well as other locals, the city has been struggling with blackouts for some time. In some cases, these power outages have forced families to travel to motels and even homeless shelters in order to access the electricity they need. Local businesses have also expressed concern over increasing power bills, a problem that is creating a significant…

Read More

Germany to convert large coal mine into a new energy storage system

Energy Storage - Inside a Coal Mine

New project aims to change an old coal mine into an efficient energy storage solution Germany has launched an ambitious new project that involved converting an old coal mine into a large-scale battery storage system. The Prosper-Haniel coal mine is the subject of the project. The mine was built in 1863 and produces approximately 3 million tons of coal every year. It is one of the few remaining active coal mines in Germany, but is slated for complete closure in 2018, when government subsidies supporting the mine are no longer…

Read More

Beijing closes its last large-scale coal power plant in favor of renewable energy

Renewable Energy - Coal Plant

Major coal facility has ceased operations The last large-scale coal power plant in Beijing, China, has ceased operations. The city has been working to fight air pollution for some time now, and coal power plants have become a target. In order to reduce air pollution, Beijing has made it a priority to embrace renewable energy and clean transportation. As such, the city has adopted several policies that could help accomplish this goal. Beijing also has the ambitious goal of becoming China’s first city to be powered completely by renewable energy…

Read More

India achieves major accomplishment with its renewable energy capacity

Renewable Energy - Indian Flag on Country Outline

India surpasses the 50 GW mark in renewable energy capacity India has reached another major milestone in its renewable energy sector. The Ministry of New & Renewable Energy has announced that the country’s operational grid-connected clean power capacity surpassed 50 gigawatts. More than half of this capacity comes from wind power, with solar energy coming in second. Hydropower, bioenergy, and waste-to-energy solutions make up the remainder of the country’s renewable energy capacity. While solar falls significantly behind wind in terms of capacity, India is considered one of the world’s fastest…

Read More

Utilities are showing strong support for renewable energy in the US

Renewable Energy - Support

A growing number of major utilities are entering into the renewable energy space More utilities in the United States are beginning to scramble to embrace renewable energy, despite incoming changes to federal energy policy. The Trump Administration is poised to show more support for fossil-fuels, particularly coal and oil. The federal government is expected to ease regulations on the fossil-fuel sector in an effort to promote the expansion of conventional forms of power. Utilities, however, see significant opportunity in renewable energy, especially where solar and wind are involved. Wind and…

Read More

Majority of Americans want to see more support for renewable energy

Renewable Energy Support

Recent survey shows that many people support clean power A major shift in energy and climate policy may be coming to the United States now that Donald Trump has officially taken presidential office. Trump has vowed to reduce regulations on the coal and oil industries in order to promote economic growth. The Trump Administration is also expected to reduce support for various forms of renewable energy, but many of those living in the United States want the government to continue investing in clean power for the sake of the environment…

Read More

Google aims to be powered by renewable energy in 2017

Google to focus solely on renewable energy by the end of 2017 Google has announced that all of its energy will come from renewable sources by the end of 2017. Last year, the massive technology company consumed as much electricity as the city of San Francisco. Now, Google aims to derive all of its electrical power from solar panels and wind turbines. The company’s ambitions are not restricted to the United States, of course, as all of its data centers throughout the world will eventually be powered by renewable energy….

Read More

DTE Energy will embrace renewable energy and abandon coal

Utility plans to abandon coal despite growing support for fossil-fuels Michigan’s largest utility, DTE Energy, is moving forward with its efforts to phase out its use of coal and will not be swayed by any potential changes to federal energy policy. DTE Energy intends to embrace renewable energy more aggressively in the coming years. Eventually, clean power will replace the company’s use of coal, allowing it to supply renewable electricity to its customers. The company has no plans to adjust this pursuit of renewable energy in light of the results…

Read More

Financial Performance Of Green Energy Companies 2016

As we talk about green environment and less pollution somewhere down the line we will have to walk the talk. Over the past few decades lot has been happening in this field and dozens of companies have been making their presence with green products, green services, and green ways and means of manufacture and production. They are certainly setting high benchmarks for others to follow and therefore it would be interesting to have a look at a few such companies as far as their financial performance and other such important…

Read More

Green energy innovation in India turns fish scales into electricity

Instead of disposing of the scales as waste, they are being recycled into usable power. In India, a team of Jadavpur University researchers have come up with a green energy innovation that recycles waste material into electricity. In this case, the waste material is biodegradable energy extracted from raw fish scales. The fish scales would typically be thrown away, but now they might become a source of fuel for the next generation of devices in the country. In fact, the research team thinks they may be an ideal energy source…

Read More

Munich geothermal energy planning is underway

The German city has been conducting seismic studies to use the heat under the earth’s surface. The large scale Munich geothermal energy plans have now been released for the city located in Bavaria, Germany. The city’s plans for the renewable energy as a heating source are quite ambitious. The Munich geothermal energy strategy goals involve a 2040 deadline. By then, it wants to become the first large city in the world to be heated by 100 percent renewable energy. Geothermal energy will be playing a considerable role in this sizeable…

Read More

Canadian geothermal village could generate all the power it needs

Hot springs in a town located along British Columbia’s Rocky Mountains offer renewable energy. The town of Valemount, British Columbia is a natural geothermal village. It is located along the Canadian Rocky Mountains and features the Canoe Reach hot springs. The hot springs are among the warmest surface hot springs in the country. As a result, the town has decided to make some renewable energy plans for this natural resource. At the moment, the hot springs offer tourists a gorgeous destination to visit. However, they may also turn the location…

Read More

Are Japan’s renewable energy project goals fizzling out?

The Fukushima nuclear plant disaster encouraged the country to make some ambitious plans. Five years have passed since the renewable energy project goals were set in Japan. Alternative energy sources became a priority following the Fukushima Daiichi nuclear plant disaster. An earthquake and subsequent tsunami shook the country’s confidence in the safety of nuclear power. However, it appears as though the urgency Japan had felt to implement green energy is losing steam. Among the challenges that come with a renewable energy project is the exchange of costly implementation over cheap…

Read More