The Australian energy market could benefit from a major change

Australian Energy Market - Powerline

Report predicts $20 billion in savings from a shift in the energy sector A major shift in the Australian energy market could help save $20 billion a year in combined fuel and electricity costs, according to a new report from the Community Power Agency. The report outlines a plan wherein homes and businesses acquire their power from renewable sources. It also predicts that 40% of all transportation throughout the country with be emissions free by 2035. Nicky Ison, a co-author of the report, notes that political battles over renewable power…

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Ohio alternative energy rules may be changing

Ohio Alternative Energy Rules to Change - Field - blue sky

Revised legislation aims to remove clean power mandate on utilities Ohio alternative energy rules are looking to be changed by lawmakers that would have an impact on how the state’s utilities use alternative power resources. A revised version of House Bill 114 was recently introduced and, if approved, would remove the clean power mandate from utilities. This mandate would be replaced with voluntary goals, providing utilities with more flexibility when it comes to transitioning away from fossil-fuels and offering consumers access to new forms of energy. Clean energy mandates have…

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EU and China are looking to lead the world with green investments

Green Investments - Green with Money

EU and China intend to establish new international order The European Union and China will work together to use clean power and technology to create and lead a new international order. Both the EU and China have become major proponents of the Paris Agreement, which calls upon countries to reduce their emissions by embracing clean technologies and new energy sources. The initiative has helped spark an increase in green investments throughout the world. China has been especially aggressive in this regard, with the EU following suit. Both intend to establish…

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Costa Rica hydrogen powered transportation take the spotlight

Hydrogen Powered Transportation - Costa Rica Flag

Costa Rican government has some big plans for hydrogen The government of Costa Rica is on a mission to decarbonize the entire country. As one of the first steps on this journey, President Carlos Alvarado has issued a directive that is meant to promote hydrogen fuel. The directive is meant to ensure that organizations within the environmental and energy sector develop an action plan that is meant to promote the research, production, and commercialization of hydrogen powered transportation. In doing so, Costa Rica aims to replace older forms of energy…

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GE forms new deal to break into Chile’s wind power

Chile's wind power - Flag of Chile

GE will be bringing new wind turbines to Chile GE Renewable Energy has announced that it has made its first wind power deal in Chile. The deal was made with Arroyo Energy Compania de EnergiasRenovablesLimitada. GE will be responsible for supplying six new 3.6 megawatt wind turbines to the new project. These turbines will be delivered to the south of the country in the coming months and will help Chile bolster its clean power production and further distance itself from fossil-fuels. Wind power may help Chile abandon fossil-fuels Chile has…

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Virginia regulators reject clean energy proposal from state utility

Clean Energy Proposal Rejected - No

Dominion Energy has lost its proposal to provide major electricity consumers with 100% renewable power Regulators in Virginia have rejected a proposal from Dominion Energy, one of the state’s major utilities, to provide large electricity consumers with 100% renewable energy. The decision has won praise from clean energy advocacy groups throughout the state as well as retail suppliers of electricity. This is due to one of Virginia’s current laws. The law state that third-party companies can sell 100% renewable power directly to consumers unless their utility offers a separate plan.…

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Engineers call for more support for hydrogen power in the UK

Hydrogen Power Support - Support

IMechE is urging the government to show more support for hydrogen The Institution of Mechanical Engineers (IMechE) in the United Kingdom is calling upon the government to show more support for hydrogen power. IMechE has released a new report that highlights the capabilities of hydrogen and how it can be used to produce electricity and heat. The report also showcases how fuel cells can consume hydrogen to power vehicles that produce no harmful emissions. For hydrogen power to succeed, however, the government will have to show more support for this…

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Cost of solar energy continues to fall worldwide

Cost of Solar Energy Falling Worldwid - Down arrow

Solar power is now less expensive to produce than coal The cost of solar energy is falling at rapid pace, according to a new report from Lazard. The report shows that the solar production is now less expensive than coal and this trend is expected to continue well into the future. Notably, the electricity being generated from utility-scale solar plants has seen the most significant price drop: An 86% decrease since 2009. The report from Lazard shows that it costs approximately $50 to produce 1 megawatt-hour of electricity from a…

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EU issues new guidance for renewable energy projects

EU Renewable Energy Projects - EU Flag

New documents aim to ensure clean power projects are being developed responsibly The European Commission has issued new guidance to help European governments during the planning phases of renewable energy projects. The Commission has issued two guidance documents as part of the EU Action plan for nature, people, and the economy. These documents aim to improve biodiversity within the European Union while ensuring that new energy projects can be developed safely and in an affordable manner. The environmental risks of clean power projects are becoming a concern Environment, Fisheries, and…

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Renewable energy now employs more than 10 million globally

Renewable Energy - Global - hand holding world

Report shows that there are more than 10 million clean power jobs There are now more than 10 million people employed in the global renewable energy sector, according to a new report from the International Renewable Energy Agency. Approximately 500,000 new jobs were created within this sector in 2017. This accounted for a 5.3% increase in clean power jobs overall. The trend is expected to continue well into the future as more countries begin to embrace clean power as a way to replace fossil-fuels and cut down on emissions. China…

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Solar energy systems could power all new homes in California

Solar Energy Systems - Solar Panels on roofs

State could become the first to require all new homes to be powered by solar panels California may become the first state in the country to require all new homes to have their own solar energy systems. The California Energy Commission is set to vote on the matter this week. If approved, the new measure will go into effect in 2020. For the past seven years, solar energy has been optional for new homes being built in the state. The measure is meant to accelerate the adoption of solar power…

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US becomes second most attractive renewable energy market in the world

Renewable Energy - US Map

Report highlights country’s growing renewable energy market The United States has become the second most attractive for renewable energy investments in the world, according to a report from Ernst & Young. The international account firm has released its latest Renewable Energy Country Attractiveness Index, highlighting the countries that have become the most favorable markets for clean power. Notably, the United States falls behind China in terms of market attractiveness but has outpaced others by a significant margin. Oil companies are beginning to invest in clean power The report makes note…

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New battery system uses renewable energy to produce hydrogen

Hydrogen Fuel Research - Stanford University

Researchers develop promising prototype battery Researchers from Stanford University have developed a new water-based battery that could be used to store wind and solar energy in an efficient and inexpensive manner. The battery is a prototype manganese-hydrogen system and can currently only generate 20 milliwatts of electrical power. Researchers believe that the battery system can be scaled up, however, making it useful for industrial purposes. Once it has been scaled up, researchers predict that it will be able to charge and recharge 10,000 times. Battery acts as a way to…

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Renewable energy continues to thrive in the US despite challenges

Renewable Energy Continues to Thrive - Hand holding tree

Wind and solar made up the majority of new energy capacity installed throughout the country Wind and solar energy have made significant progress in the United States this year. In the first two months of 2018, some 1,568 megawatts of wind and 565 megawatts of new capacity were installed throughout the country. This accounted for 98% of all new energy capacity installed in the United States during those two months. This information comes from the Federal Energy Regulatory Commission’s latest “Energy Infrastructure Update” report. The report is meant to highlight…

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GE forms new partnership to improve offshore wind energy turbines

Offshore wind energy - Wind Turbines in Field

GE teams with ORE Catapult to test new wind turbine ORE Catapult and GE Renewable Energy have announced a new partnership. Over the next five years, the two companies will be working together in the offshore wind energy field. The first step of this collaboration involves testing a new 12 megawatt offshore turbine that GE has developed. This turbine will be tested at a facility operated by ORE Catapult. GE suggests that the new turbine is the most powerful of its kind and will be able to operate anywhere in…

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Budget cuts could damage renewable energy in the US

Renewable Energy - Money Cuts

Proposed budget cuts could place some energy programs in jeopardy Potential budget cuts for the Department of Energy could have a major impact on renewable energy in the United States, according to a report from the Information Technology and Innovation Foundation. Congress is currently considering the budget for the 2019 fiscal year. Some lawmakers are pushing for cuts to certain agencies in order to provide more funding for other programs. In the case of the Department of Energy, such budget cuts could put energy innovation programs in jeopardy. Energy programs…

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