Tag Archives: global renewable energy development

Wind farms boost tax base for local U.S. governments-Moody’s

By Hillary Russ, Reuters

NEW YORK, May 7 (Reuters) – Wind farms have boosted local tax bases and generated new revenue as they expand across the United States, especially for rural areas, Moody’s Investors Service said in a report on Monday. “What we’re seeing is wind farms generate new operating revenues, lower the tax burden for local residents,” Moody’s analyst Frank Mamo told Reuters. “In many cases, local governments are using this new money to address what was a growing backlog of deferred capital expenditures.” In Adair County, Iowa, construction of 10 new wind farms has grown the tax base nearly 30 percent over the last decade, giving it money to fix bridges and streets. Read more here.

Photo: Renewable Energy Park by  hpgruesen / Creative Commons

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U.S. Utilities Look To Electric Cars As Their Savior Amid Decline In Demand

By Samantha Raphelson, NET

The U.S. electricity sector is eyeing the developing electric car market as a remedy for an unprecedented decline in demand for electricity. After decades of rising electricity demand, experts say the utility industry grossly underestimated the impact of cheap renewable energy and the surge of natural gas production. For the first time ever, the Tennessee Valley Authority is projecting a 13 percent drop in demand across the region it serves in seven states, which is the first persistent decline in the federally owned agency’s 85-year history. Read more here.

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Changing tides: Utilities and solar

 By Christian Roselund, PV Magazine

An increasing number of U.S. utilities are embracing the low and predictable costs of utility-scale solar. But conflicts remain over distributed generation, and the real question is who will own the solar that is being built. Continue reading.

Photo: Utility-scale solar plant operated by Duke Energy. Duke is one of many U.S. utilities starting to move away from coal and nuclear towards renewables. Credit: Duke Energy

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Moniz: Utilities should prepare for very low carbon future

Herman K. Trabish, Utility Dive

While the Trump Administration is taking a number of steps to bolster coal-fired generation and rescind climate regulations, electric utilities should prepare for a very low-carbon future, former Energy Secretary Ernest Moniz told Utility Dive at the National Clean Energy Summit in Las Vegas last week.

Despite the White House’s withdrawal from the Paris climate agreement, “there is no going back on the fight against climate and the innovation prize is enormous,” Moniz said. “We are talking about multi-trillion-dollar markets. The real issue is that the U.S. needs to capture a big part of that market to keep its innovation edge.” Click here to read more.

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Elon Musk says he can rebuild Puerto Rico’s power grid with solar

BBC News

The company says it has powered small islands, such as Ta’u in American Samoa. There, it installed a solar grid which can power the entire island and store enough electricity for three days without any sun. “The Tesla team has done this for many smaller islands around the world, but there is no scalability limit, so it can be done for Puerto Rico, too,” Mr Musk tweeted.
Click here to read more.

Photo Credit: Getty Images

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International Solar Energy Society’s Solar World Congress 2015 Proclamation

ISES“Dedicated Commitment to Accelerating the Energy Transformation to 100% Renewable Energy”  – The International Solar Energy Society’s World Congress 2015 Proclamation states:

“The International Solar Energy Society is committed to accelerating the transformation of the global energy system to 100% renewable energy for all, used wisely and efficiently. This transformation is necessary for the long, and short, term health and well-being of our planet and our people. We know this goal is technically and economically achievable and we know the challenges this entails. The renewable energy movement needs a strong, unified voice to accelerate this transformation, and ISES is expanding its mission to be this voice.

To do this, ISES will continue to grow its strong core of solar energy and related renewable energy and environmental professionals, essential for the technical foundations of the movement. In addition ISES will expand its partnership building and outreach with like-minded groups and individuals who can help strengthen the movement through their support. Future ISES events, webinars, publications, participation in global decision making, and other outreach activities will continue to provide the highest quality information on solar energy, and through collaboration with its growing partnership base, address the other wide range of issues central to achieving a 100% renewable energy world.

The [November 8 -12] Congress brought together a wide range of contributors to the renewable energy movement. Hundreds of participants from 58 countries presented recent developments in solar technologies, and latest updates on financing, policies, access and public support around the world.

Young professionals joined with long time solar energy mentors to enrich the discussion of challenges and opportunities for making a difference in all of these areas. The Congress provided an excellent environment for fruitful collaboration and planning, and resulted in the affirmation that we can and will attain the needed energy transformation.”

Media Release  

About the International Solar Energy Society (ISES) 
The International Solar Energy Society (ISES) was founded in 1954 and is now incorporated as a non-profit membership organization with members in over 100 countries. ISES serves as a center for information on research and development in solar energy utilization. Through its publications and conferences, the Society provides a global forum for the science and advancement of solar energy.