Search Results for renewables
63 item(s) were returned.
Discussion

Tax Breaks for Oil Companies

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 30, 2012 at 7:25 AM

A Senate bill that would have cut $24 billion in tax breaks to oil companies over 10 years was blocked by Republicans yesterday. The bill, endorsed by President Obama hours before the vote, would have used $11.7 billion of the $24 billion to extend renewable energy tax credits and fund clean energy initiatives. The remainder would have gone toward deficit reduction. Critics of the bill have said that it would do nothing to reduce gas prices. Would legislation like this impact gas prices in the short- to medium-term? Should the U.S. remove subsidies from one industry in order to subsidize… [more]

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Rare Earth Minerals and Clean Energy

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 19, 2012 at 10:01 AM

Last week The Economist called attention to growing demand for rare earth minerals, their importance in clean energy technologies, and rising tension over their global supply. Two of these minerals – dysprosium and neodymium – are essential components of the magnets used in wind turbines and electric motors. According to The Economist, for these technologies to play the role expected of them in reducing CO2 emissions, world supply of neodymium and dysprosium would need to increase “more than 700% and 2,600% respectively during the next 25 years.” China, which produces around 90% of the world’s rare earth minerals, has recently… [more]

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House Considering Small Hydropower Support

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 7, 2012 at 8:26 AM

H.R. 2842, the Bureau of Reclamation Small Conduit Hydropower Development and Rural Jobs Act of 2011, has been referred to the House of Representatives. The bill, introduced by Rep. Scott Tipton (R-CO), would call on the Bureau of Reclamation to develop small conduit hydropower at Bureau facilities. The bill would require that power privilege leases be offered to local irrigation districts or water users associations. The bill would prohibit altering existing water management and altering existing small conduit projects or outlays. “At a time when our country needs to focus on domestic energy production and job creation, hydropower can play… [more]

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Clean Energy Standard Act of 2012 Introduced

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: March 2, 2012 at 8:00 AM

Senate Energy & Natural Resources Chairman Jeff Bingaman (D-NM) has introduced the Clean Energy Standard Act of 2012, which would require electric utilities to derive increasing percentages of their supply mix from low-CO2 sources. The bill would take effect in 2015, and would require that by 2035 84% of power from large utilities come from low-CO2 sources. Sources eligible under the legislation include: renewables, such as wind and solar, “qualified” renewable biomass and waste-to-energy, hydropower, natural gas, and nuclear. Facilities with CO2 capture and storage, and some combined heat and power facilities, are also eligible. The bill establishes a market-based… [more]

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Obama’s FY2013 Budget Heavy on Energy R&D, Renewables, Efficiency

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 16, 2012 at 8:00 AM

President Obama sent his requested FY2013 budget to Congress Monday, and requested, among other energy-related items, significant increases to energy R&D, renewable energy investments, and energy efficiency programs. From the request: “In light of the tight discretionary spending caps, this increase in funding is significant and a testament to the importance of innovation and clean energy to the country’s economic future.” Among the energy-related budget requests: $27.2 billion to the Department of Energy, a 3.2% hike over FY2012 $5 billion for DOE’s Office of Science $2.3 billion for DOE’s Energy Efficiency and Renewable Energy office – a 29% increase –… [more]

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Coal Companies Shuttering Mines on Low U.S. Demand

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: February 9, 2012 at 7:59 AM

Alpha Natural Resources, the nation’s third-largest coal producer, has announced that it will “close four mines in Kentucky and West Virginia and idle two more over the next 12 months.” [E&E ClimateWire (sub. req.)] 152 Alpha employees will lose their jobs, while another 182 will be offered reassignment. The coal industry has been challenged recently by low natural gas prices and new federal clean air regulations. These factors have compelled some electric utilities to close their coal-fired power plants, or to switch them to natural gas or other, cleaner coal sources. Utilities such as FirstEnergy, Duke Energy, and American Electric… [more]

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Renewable Energy Finance

Author(s): Elias Hinckley
Partner
KL Gates
Date: January 25, 2012 at 10:08 AM

In the State of the Union President Obama renewed his commitment to the widespread adoption of renewable power as a critical piece of America’s energy and economic future.  In last year’s speech he included a proposal to have 80 percent of US electricity come from renewables by 2035. Even making incremental steps towards these goals requires better access to financing for these renewable energy projects.  Energy projects, and particularly renewable energy projects, require a lot of money to build. There appear to be 3 key challenges for a renewable energy company to access capital in today’s market. (1) Low natural… [more]

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The High Cost of Clean Energy Standards without Efficiency

Author(s): Marilyn Brown
Professor of Public Policy
Georgia Institute of Technology
Date: January 17, 2012 at 8:22 AM

In his 2011 State of the Union address, President Obama proposed a Clean Energy Standard (CES) requiring that 80 percent of the nation’s electricity come from clean energy resources by 2035. Over the past decade, Congress has debated renewable electricity standards, typically allowing energy efficiency to meet a portion of the target. For example, in 2009, an RES was included in the American Clean Energy Leadership Act of 2009, requiring 15% renewables by 2021, and 27% of this target could be met by energy efficiency. What happened to energy efficiency in the President’s proposal? A well-designed CES policy would enable… [more]

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Energy Storage and the Future of Energy

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: January 9, 2012 at 8:15 AM

The New York Times recently published an article outlining the role of energy storage in facilitating increased adoption of renewable energy. The article highlights two companies – SolarReserve and BrightSource – that will open and operate solar thermal storage plants over the next several years. These plants will use the daytime sun to heat water and salt. The latent heat will then be used to power traditional electric turbines after the sun has set. The Energy Storage Council lists the following among the uses of energy storage: Enabling “renewables, solar or wind, to store energy generated during off-peak hours for… [more]

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Wind Tax Credit Expiring

Author(s): OurEnergyPolicy.org
Administrator
OurEnergyPolicy.org
Date: December 26, 2011 at 8:40 AM

The production tax credit (PTC) for wind energy is currently set to expire December 31st, 2012. The credit is currently 2.2¢ per kWh created by wind. The average price of electricity nationwide is 11¢ per kWh. A study released recently by the American Wind Energy Association (AWEA) states that without an immediate PTC program extension, wind energy “jobs will drop by nearly half, from 78,000 in 2012 to 41,000 in 2013.” According to the report, an extension of the program through 2016 could create nearly 17,000 wind industry jobs. Denise Bode, AWEA’s CEO, has stated that “these jobs could vanish if Congress allows… [more]

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