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Funding New Ideas for Global Clean Energy Applications
By: CareerCast.com
Scores of clean tech company CEOs pitched their leading-edge ideas to seed capital angels and venture capitalists at this year's Clean Tech Open 2012 Global Forum, in San Jose, California. Held at the Hayes Mansion on November 8 and 9, the meeting is the culmination of numerous regional competitions by the organization, which has helped over 600 companies raise over $660 million in financing since 2006. After a 10-minute business plan pitch heard by over a thousand attendees, company finalists were quizzed by a panel of judges to compete for hundreds of thousands, if not millions of dollars in start ... more
Massachusetts A Green Job Desitnation As State Beefs Up Wind Power
By: CareerCast.com
The largest utilities in Massachusetts have signed long-term contracts to buy wind-generated electricity at prices below the cost of most other sources, including coal and nuclear, administration officials announced Monday. The contracts filed jointly with state utilities regulators by National Grid, Northeast Utilities — which owns NStar and Western Massachusetts Electric Co. — and Unitil Corp. would buy 565 megawatts of electricity from six planned wind farms in Maine and New Hampshire, or enough to power about 170,000 homes, according to a statement from the state Executive Office of Environmental Affairs. It would be the largest procurement of renewable energy ... more
Transportation Of The Future Can Lower Emissions
By: CareerCast.com
When the Chinese New Year kicked off across China several weeks ago, millions of Chinese citizens hit the road in what is often described as one of the world’s great annual migrations. The pilgrimage allows families to reunite, and also gives the government a chance to show off its spectacular investments in high-speed bullet trains. High-speed rail isn’t just a fast and convenient way to travel long distances while reducing carbon emissions – it’s fundamentally changing economic integration around China. Today, China’s rail system transports twice as many passengers as Chinese airlines, and officials hope to lay an additional 10,000 ... more
Wind Technology Grows By 16 Percent in 2012
By: CareerCast.com
The past year has brought about a boom of wind energy project completions in the U.S. as developers have rushed to take advantage of the Production Tax Credit (PTC). Meanwhile, Latin American and Canada have also seen tremendous growth, signs that wind energy in other parts of the Americas is healthy and growing, despite what may happen near-term in the U.S. The third quarter of 2012 saw 1.8 GW of wind power capacity installed in the U.S., bringing the first three quarters of 2012 to 4.7 GW, according to the American Wind Energy Association (AWEA). The U.S. wind industry now ... more
Vermont Sets Ambitious Green Energy Goal
By: CareerCast.com
A group that represents Vermont's renewable energy businesses wants the state to get 20 percent of its energy from renewable sources by 2020. On Tuesday, the board of directors of Renewable Energy Vermont laid out the goal of "20 by 2020" at the organization's annual conference in South Burlington. Vermont currently gets about 11 percent of its total energy from renewable sources, such as wind, solar or biomass. CONTINUE READING AT NEWSOK.COMmore
Unlocking Hydropower's Potential
By: CareerCast.com
Hydropower has a dowdy, low tech image that conjures visions of concrete and degraded ecosystems. It is mostly shut out of the incentives driving solar, wind and other newer forms of renewable energy. InsideClimate News just dubbed it the “Unloved Renewable.” How wrong this image is according to a first-of-its-kind comprehensive study of the U.S. hydropower industry released by the Department of Energy’s Oak Ridge National Laboratory (ORNL) in Tennessee. ORNL researchers found that U.S. hydropower grew by 1.5 gigawatts to 79.6 GW over the past decade, thus holding on to its seven percent share of U.S. power supply. In ... more
Wind Energy Tax Credit Passes with Fiscal Cliff Deal
By: CareerCast.com
On January 1, 2013, Congress passed legislation that included the long-sought extension of wind energy tax credits in a bill to avert the "fiscal cliff" that now moves to President Obama for his expected signature. The extension of the production tax credit (PTC) and Investment Tax Credit (ITC) is expected to save up to 37,000 jobs and create far more over time, and to revive business at nearly 500 manufacturing facilities across the country. Wind energy PTC, and ITC for community and offshore projects, will allow continued growth of the energy source that installed the most new electrical generating capacity ... more
Converting Algae To Energy
By: CareerCast.com
Autotrophic, if not automatic, for the people. Phillips 66 hopes it can usher in a new generation of fuels by working with Sapphire Energy Inc. to convert algae into "green" crude oil, the Houston-based refining and research giant announced Tuesday. The work may take several years to complete. The agreement between Phillips 66 and Sapphire is designed to take production of algae crude a big step in the direction of commercial use. Phillips 66's research center in Bartlesville will be involved in the work toward developing commercial-scale green crude oil. "Yes, the Sustainable Technology group in Bartlesville will be working ... more
Is 100 Percent Renewable Power In America A Possibility?
By: CareerCast.com
A group of researchers at Stanford University and the University of California, Berkeley, led by Stanford’s Mark Jacobson and Mark Delucchi, says that the United States can get 100 percent of its energy from renewable sources, using existing technologies, by 2050. And they lay out a state-by-state plan for doing so. Jacobson and Delucchi had previously calculated that the world could theoretically go 100-percent renewable by 2030; in this more practical plan, they focus on the United States and look forward to 2050. They conclude that, in aggregate, the the United States’ energy mix could be: 30.9 percent onshore wind, ... more
Proposed East Coast Offshore Wind Power Transmission Line Could Begin in 2016
By: CareerCast.com
A private developer aiming to build a multistate wind power backbone off the Atlantic Coast has selected New Jersey as the first phase of construction in its offshore underwater transmission line, a representative for the company confirmed. Work on the New Jersey Energy Link transmission line would begin in 2016, the first of three phases, said a representative for the company, Atlantic Grid Development, which plans to make the announcement Tuesday. The New Jersey portion would be partly operational by 2019, the representative said. The offshore high voltage cable project, called Atlantic Wind Connection, would link wind energy farms up ... more