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December 29 Green Energy News

Headline News:

  • The New York Public Service Commission approved Con Ed’s Brooklyn-Queens Demand Management Program. The plan calls for replacing about $1 billion to upgrade two substations, which the utility says it would need to do by 2018, with less expensive distributed alternatives. [Energy Collective]
  • Workers at Vermont Yankee are beginning the process of powering down the four-plus-decades-old, single-reactor nuclear power plant — a routine procedure by and large. But this time, the plant will not be brought back online. Not tomorrow, not next week. Never. Let that sink in. [The Keene Sentinel]
  • Financial analysts warn that the fossil fuel industry faces “a perfect storm.” Oil prices have crashed. Demand is dropping. New regulations aim at cutting GHG emissions, and renewable forms of energy are growing worldwide. Now investors, large and small, are increasingly heeding the warnings. [RTCC]
  • The Indian government has a goal of providing electricity to all in the next three years. To do that, it plans to doubling electric generation by 2019, with a focus on renewables, whose output will be multiplied by five. Even so, the plan requires for doubling production of coal from India’s mines. [SME Times]
  • Nanyang Technological University signed an agreement with Alstom to develop a system for microgrid management. The system will manage and integrate power from multiple sources, including solar, wind, tidal, diesel, and various energy storage and power-to-gas solutions. [Asian Scientist Magazine]

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

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