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May 3 Green Energy News

Opinion:

  • “Poland’s Renewable Energy Story (Warning: It Sucks)” The Polish government published yet another version of their renewable energy legislation in April. It’s hard to tell which version it is. Everyone has lost track, including the government itself, I believe. [CleanTechnica]
  • “Insurance Industry And Renewable Energy Go Hand-In-Hand” Renewable energy is becoming more prominent throughout the world, and the insurance industry may play a major role in the future success of several fields of clean energy. [Live Insurance News]

Carbon and Money:

  • According to the International Monetary Fund, when you factor in implicit subsidies from the failure to charge for pollution, climate change and other externalities, the post-tax cost of support for fossil fuels comes in at close to $2 trillion each year. [CleanTechnica]
  • The global fossil fuel industry faces a loss of $28 trillion in revenues over the next two decades, if the world takes action to address climate change, cleans up pollution and moves to decarbonise the global energy system, according to European broking house Kepler Chevreux. [CleanTechnica]

World:

  • Siemens Energy has received its second order from Spanish wind developer Cobra Energia to expand its onshore wind power fleet in Peru by 97 MW. The plant includes a combination of 25 direct drive SWT-3.0-108 wind turbines and eight geared SWT-2.3-108 units. [Today’s Energy Solutions]
  • The International Renewable Energy Agency is advocating action-oriented initiatives to accelerate the deployment of renewable energy at a high-level meeting hosted by the UAE on May 4-5 is in preparation for the September UN Climate Summit in New York. [Abu Dhabi City Guide]

US:

  • The Salton Sea, a lake formed in 1905 by a flooding Colorado River, may become the site of a 50 MW geothermal power plant. About a mile beneath Salton’s southern tip, the earth burns at 680º F, making it a perfect place to convert natural heat into electricity. [Barron’s]
  • FuelCell Energy announced that it will construct a 1.4 MW fuel cell power plant at the University of Bridgeport, CT. The project is a part of the state of Connecticut’s Low-emission Renewable Energy Credit program. [Zacks.com]
  • North Texas area homeowners can now harness the power of the sun as NRG and Reliant help make residential solar an affordable option for Texas homeowners. The solar installation will power the home directly with renewable energy, and deliver electricity back to the grid. [Today’s Energy Solutions]
  • Kansas House members voted 63-60 against advancing a bill that would gradually end the state’s renewable portfolio standard, which requires the state’s utility companies to get 20 percent of their power from renewable sources by 2020. [Kansas City Star]
  • Citing already-apparent climate change impacts to his state’s economy and environment, Governor Jay Inslee of Washington signed an executive order designed to cut fossil fuel emissions and boost renewable energy. [CleanTechnica]
  • Invenergy has completed construction and kicked off commercial operation at the 200.6 MW Prairie Breeze wind farm in Nebraska. The project features 118 GE 1.7 MW turbines. The Omaha Public Power District will purchase output under a long-term agreement. [reNews]

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