Energy

Solar panels are seen in the Palm Springs area, California April 13, 2015. Picture taken April 13, 2015.
Reuters/Lucy Nicholson

reuters.com - by Nichola Groom - August 14, 2015

By almost any measure, the U.S. solar market is on fire.

Installations of solar panels are expected to soar by a third this year, the price of solar power is now cheap enough to compete neck and neck with gas and coal-fired power in places like California, and the fledgling industry received a vote of confidence last week when U.S. President Barack Obama announced a groundbreaking plan to curb power plant emissions. Even China's currency devaluation could cut panel costs for U.S. solar installers.

Wall Street, however, has been dumping solar shares this year, largely on concern, which investors say is misplaced, that tumbling oil prices will sap demand for alternative energy, even though oil isn't used to generate power.

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Coal is moved on a conveyor belt at the PT Bukit Asam open pit coal mine in Tanjung Enim, South Sumatra province, Indonesia. Photograph: Dadang Tri/Getty Images

Special report: The plummeting coal sector and a growing green divestment movement is leaving firms who still invest in fossil fuels and connected pension holders heavily exposed

theguardian.com - by Damian Carrington and Caelainn Barr - June 15, 2015

The pension funds of millions of people across the world, including teachers, public sector workers, health staff and academics in the UK and US, are heavily exposed to the plummeting coal sector, a Guardian analysis has revealed.

It has also found that just a dozen people, including the owner of Chelsea FC, Roman Abramovich, own coal reserves equivalent to the annual carbon emissions of China, the world’s biggest polluter. The UN, which advocates a shift to clean energy, has more than $100m (£65m) invested in coal through its own pension fund.

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Image: The country’s tropical climate with high rainfall, mountainous interior and low population gives it a distinct advantage in terms of renewable energy. Photo credit: Shutterstock

ecowatch.com - March 23rd 2015 - Tierney Smith

For the last 82 days, Costa Rica has powered itself using only renewable energy sources

That means the Latin American country hasn’t had to use fossil fuels at all so far in 2015.

Last week, the Costa Rican Electricity Institute (ICE) announced that 100 percent of the country’s electricity came from renewables for the first 75 days of the year, as heavy rains boosted the country’s hydroelectric power plants.

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Image: A 1.6 MW wind turbine installed at Mount Wachusett Community College. (Photo credit: Mount Wachusett Community College)

nesea.org - February 17th 2015 - Karl Rabago

For more than 100 years, taxpayers, ratepayers, investors, and policymakers have supported the growth and operations of the electric utility industry. The ratemaking formula, under which capital investment is recovered and healthy profits are guaranteed, has helped make electric service in the United States nearly universal and relatively cheap. For much of the last century, the model leveraged increasing economies of scale to enable the provision of electricity as well as profits and dividends.

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