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Archive for the ‘Renewable Energy’ Category

Monthly power sector carbon dioxide emissions reach 27-year low in April

Source: U.S. Energy Information Administration, Monthly Energy Review Note: Data exclude emissions from biomass energy consumption. The electric power sector emitted 128 million metric tons of carbon dioxide (MMmt CO2) in April 2015, the lowest for any month since April 1988, according to the most recent estimates in EIA’s Monthly Energy Review. In any year, April is typically the […]

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R.I. offshore wind farm starts construction

The developer of the nation’s first commercial-scale offshore wind farm installed the first steel foundation for the project off Rhode Island’s coast. The Sunday installation of Deepwater Wind Block Island Wind Farm came just in time for a Monday tour of the site that will include Obama administration officials, lawmakers and Rhode Island’s governor, among […]

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ISO-NE: Renewables are driving up capacity market prices

The rise of renewables in New England is keeping prices down in electricity markets, but at the same time driving up costs in the capacity market. According to the ISO, traditional generation sources are forced to price their capacity higher to offset a loss of revenue in the electricity markets because renewables — sans fuel costs — are […]

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New York delays deadlines for REV proceeding, clean energy fund

Two of New York’s ambitious energy initiatives have been delayed, pushing into June the deadline for more information about the state’s clean energy funds and REV proceeding. New York’s plan to modernize its electric grid aims to fundamentally transform the way electricity is used in the state by focusing on distributed assets, energy storage, demand […]

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The U.S.’s energy infrastructure will need major changes, says Obama report

The U.S. electric grid will require major changes to reposition itself for the future challenges of climate change, new technologies, and national security in coming decades, according to a first-ever “Quadrennial Energy Review” released by the Obama administration. The report says our system for getting electricity stands at a “strategic inflection point” and requires “significant change” in order […]

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NY Offers $160M to Fund Clean Energy

As part of New York’s Reforming the Energy Vision (REV) strategy, $160 million in funding is being made available to support public-private sector partnerships in clean energy projects. Funding will be administered competitively. The funding will support significant private investment in renewable energy sources such as wind farms, fuel cells, biomass facilities, renewable biogas and […]

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Total Energy Subsidies Decline, Solar Soars

While the total value of direct federal financial interventions and subsidies in energy markets decreased 23 percent from $38 billion to $29.3 billion dollars between fiscal years 2010 and 2013, solar subsidies skyrocketed from $1.1 billion to $4.5 billion in 2013, according to an updated report from the US Energy Information Administration (EIA). Declining solar […]

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Energy Department Releases New Wind Report, Examines Future of Industry

Present Day to 2050, Report Quantifies the Economic and Social Benefits of Robust Wind Energy Growth WASHINGTON – In support of the President’s all-of-the-above energy strategy to diversify our nation’s power supplies, the Energy Department today released a new report looking at the future of wind power through 2050 and the economic benefits that come […]

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