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December 9 Green Energy News

Headline News:

  • Ceres, a nonprofit promoting investor support for efforts on climate change, has sent a letter endorsed by 223 companies to President Obama, in support of EPA’s controversial proposed standard for existing power plants to limit carbon dioxide emissions. Combined assets of the companies is $10 trillion. [National Legal and Policy Center]
  • Revenues from renewables for electric power generators jumped by 49% to $9.8 billion from 2007 to 2012, while revenues  from the fossil fuel sector fell by 6.7% according to the Census Bureau. But wind, hydro, geothermal, biomass and solar accounted for just 8.2% of all industry revenues in 2012. [Electric Co-op Today]
  • Duke Energy has received regulatory approval from the North Carolina Utilities Commission to acquire and construct three solar PV facilities totaling 128 MW (ac) capacity in the state. Duke will own the three solar farms, whose output will help North Carolina comply with the state’s renewable energy portfolio standard. [Recharge]
  • Right now only a couple of stations in Oklahoma and Texas are selling $2 gas. But the price of both oil and wholesale gas declined again Monday. Oil is already at a 5-year low, at less than $65 a barrel, and analysts think it could bottom out at $35 next year. Next year’s full-year average could be as low as $53, said Morgan Stanley analysts. [CNN]
  • Renewable energy company Acciona has unveiled what will be the first zero emissions electric vehicle to participate in the grueling Dakar Rally. The vehicle features a 220 kW (300 HP) synchronous electric motor that weighs only 80 kg. It has four removable (quick release sliding) lithium-ion battery packs provide energy storage of 140 kWh. [Energy Matters]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

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