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Concentration of CO2 in the Atmosphere

February 13 Green Energy News

Finance:

  • Legendary hedge fund investor Jeremy Grantham says there is no doubt that solar and wind energy will completely replace coal and gas across the globe, it is just a matter of when. He says, “The question is only whether it takes 30 years or 70 years.” [CleanTechnica]

Science and Technology:

  • For the first time, scientists at the Lawrence Livermore National Laboratory in California say they produced more energy from their fuel source in a nuclear fusion reaction than they put into the fuel. [CNN]

World:

  • The Australian solar industry is preparing for what it calls a “David and Goliath” battle against the country’s biggest generators and network operators. It is a contest that pitches households and their solar modules against the centralized utilities. [CleanTechnica]
  • The European Commission has delivered what Greenpeace UK says can only be called a scathing initial verdict on the UK Government’s deal with French state-owned EDF to build the first new nuclear reactors in the UK for a generation. [CleanTechnica]
  • In a meeting with the EC Representatives of six large companies pointed out that the EC’s own figures show their 30% green energy goal would create 570,000 jobs and save €260 billion in fossil fuel imports, compared with a single carbon-cutting target. [Budapest Business Journal]
  • Renewable energy plants constructed in the last 10 years will save Turkey $5.5 billion in natural gas imports each year for the next 49 years, according to Turkey’s Energy Minister. [www.worldbulletin.net]
  • New Delhi: India will add nearly 30,000 MW of power generation capacity from renewable energy sources – doubling it from the current size – in the next 4 years, according to a senior official. Of that, 20,000 MW would be wind, and 10,000 solar. [INDOlink]
  • A biogas liquefaction plant supplied by Wärtsilä will produce biofuel for buses in Norway by converting household food waste into liquid biofuel. The new liquefaction plant is able to produce enough fuel to run 135 buses. [Your Renewable News]

US:

  • The California Public Utilities Commission has proposed a plan for power sources to replace the San Onofre nuclear power plant, largely by relying a lot more on renewable energy, though environmental activists say the plan could be a lot better. [KCET]
  • Citing levelized cost of energy data from the National Renewable Energy Lab, the Department of Energy says that the average price for a utility-scale PV project has dropped from about $0.21/kWh in 2010 to $0.11/kWh at the end of 2013. [EarthTechling]
  • The Solar Foundation says Vermont is ranked first for solar jobs per capita. There are approximately 1,300 solar jobs total in installation, manufacturing and project development. Vermont added about 990 solar jobs from 2012 to 2013. [Bennington Banner]
  • The Ivanpah Solar Electric Generating System is now operational and delivering solar electricity to California customers. At full capacity, the facility produces a gross total of 392 MW of solar power. [Your Renewable News]

 

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