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January 15 Green Energy News

Headline News:

  • “Why the Smart Money is Betting on Renewable Energy – Brewing Solar Power Boom” The price of oil may be down, for a while, but the decline in cost of renewable energy means last year’s investment brought in almost double the clean electricity capacity than what it did only four years earlier. [The Market Oracle]
  • A new report shows electricity demand in Australia’s National Electricity Market decreased again in 2014. Following a trend that began in 2009, GreenMarkets says consumption fell last year by 1.1%, down 2098 GWh from 2013. The fact that power from roof-top solar PVs is not considered for the tally is relevant. [Energy Matters]
  • German offshore windpower had 258 turbines totalling 1049.2 MW as 2014 ended. This is more than double what there was the previous year. A further 268 turbines totalling 1218.1 MW are in place but not fully grid-linked by the end of the year, so they are already set to more than double the capacity again this year. [reNews]
  • It is now common practice in the US coal industry for companies to sell a significant portion of the coal that they mine back to themselves, through the use of subsidiaries. In this way, the coal companies can both increase the amount of money they get from the Interior Department and dodge tax payments. [CleanTechnica]
  • The Obama Administration is announcing a series of steps to cut methane emissions from the oil and gas sector by 40% to 45% from 2012 levels by 2025, encompassing both commonsense standards and cooperative engagement with states, tribes and industry to put us on a path toward the 2025 goal. [Renewable Energy Focus]

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