Waiting for a Rockefeller: Meet the Next `Supermajors’ of Energy

April 4, 2016 — 12:01 AM BST Updated on April 4, 2016 — 6:20 AM BST
  • Dominant global players have yet to emerge in wind and solar
  • Handful of clean-energy companies build `supermajor’ skills

More than a decade after the birth of the modern renewable energy industry, solar and wind await their John D. Rockefeller.

Bloomberg – Clean power remains a tumultuous and fragmented business, crowded with companies grabbing for slices of an emerging market that aspires to reshape how the world meets its energy needs. They rise and fall as technology advances and demand seesaws. Some have grown into sprawling regional players, often propped up by government subsidies. A few, like Suntech Power Holdings Co. and Q-Cells SE, soared to prominence, then all but flickered out.

Yet there are still no companies that dominate the industry. Tiếp tục đọc “Waiting for a Rockefeller: Meet the Next `Supermajors’ of Energy”

Despite Stay, America’s Economy and Climate Need the Clean Power Plan

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WRI – Yesterday, the U.S. Supreme Court paused implementation of the Clean Power Plan (CPP) to allow an appeals court to consider a legal challenge from a number of states, corporations and industry groups. That case is being expedited, and a decision is expected by the fall.

Importantly, the Supreme Court’s decision to grant a temporary stay was not based on the legal merits of the CPP, which calls for emissions reductions throughout states’ power sectors. Experts agree that the CPP is on solid legal ground and will prevail. Indeed, previously the Supreme Court not only upheld the EPA’s authority to regulate carbon pollution under the Clean Air Act (which the Clean Power Plan builds upon), the Court found the agency had the obligation to do so to protect Americans’ health.

We expect yesterday’s ruling to be only a temporary time out as the CPP heads to full implementation. As the legal case proceeds, the EPA has indicated it will continue to help states put in place the plans and tools they need to comply with the rule, and the Obama administration has committed to continue taking aggressive steps to reduce emissions and lead in the fight against climate change.

Clean Power Plan: Smart, Balanced and Beneficial

The benefits of the plan are clear, far-reaching and worth fighting for. The CPP offers a smart, balanced approach that will cut dangerous pollution as it drives innovation, creates new job opportunities and improves public health. The CPP is one of the most important near-term tools the United States can use to help reach its goal of reducing emissions 26-28 percent below 2005 levels by 2025. In addition, the plan will make our air safer to breathe by reducing Americans’ exposure to particulate matter and ground-level ozone, benefiting our health and the economy by an estimated $25 billion to $65 billion – far more than the $7 billion to $9 billion cost of compliance, according to the EPA.
Tiếp tục đọc “Despite Stay, America’s Economy and Climate Need the Clean Power Plan”

Vietnam Plans Move Away From Coal

January 28th, 2016 by

cleantecnica – Vietnam Prime Minister Nguyen Tan Dung has announced his government’s intention to “review development plans of all new coal plants and halt any new coal power development.”

Vietnam prime minister

Nguyễn Tấn Dũng, Prime Minister of Vietnam

According to Solarplaza, the Premier stated that Vietnam needs to “responsibly implement all international commitments in cutting down greenhouse gas emissions; and to accelerate investment in renewable energy.”

The announcement comes in advance of the Solar PV Trade Mission, scheduled April 18 – 22 in Hanoi and Bangkok. It is hoped the trade missions will assemble diverse high-level delegations of stakeholders from around the world into emerging markets to jointly explore and create business development opportunities.
Tiếp tục đọc “Vietnam Plans Move Away From Coal”

Sensible subsidies – How should backing for clean technology be designed?

Governments usually provide subsidies based on overall adoption targets, such as the number of cars or solar panels they would like to see purchased over a period of time. But green technologies are often new products, and no one really knows how many consumers are waiting to buy them.

Peter Dizikes | MIT News Office
January 21, 2016

new.MIT.edu – Governments often offer subsidies to consumers for clean-technology products, from home solar panels to electric vehicles. But what are the right levels of subsidy, and how should they be calculated? As a new paper co-authored by MIT researchers shows, governments can easily make subsidies too low when they ignore a basic problem: Consumer demand for these products is usually highly uncertain.

Indeed, the paper’s analysis suggests this has already happened in the case of the Chevy Volt, an electric car introduced in 2010 that suffered slow initial sales before gaining more traction in the marketplace.

“The government will miss their target by a lot when ignoring demand uncertainty,” says Georgia Perakis, the William F. Pounds Professor of Management at the MIT Sloan School of Management and a co-author of the paper.

While discussion of “demand uncertainty” might sound a bit abstract, it matters. Governments usually provide subsidies based on overall adoption targets, such as the number of cars or solar panels they would like to see adopted over a period of time. But green technologies are often new products, and no one really knows how many consumers are waiting to buy them. Tiếp tục đọc “Sensible subsidies – How should backing for clean technology be designed?”

Implications of a Low-Carbon Future

2016 Global Forecast

  • Nov 16, 2015

    The world relies heavily on fossil fuels to meet its energy needs, and the development and trade of those fuels has influenced relationships among countries throughout modern history. Most reasonable projections of the next several decades anticipate that the role of coal, oil, and gas will be maintained but lose market share to lower-carbon energy sources like wind, solar, nuclear, and greater efficiency. Despite the continued role for fossil fuels, the push for greater reliance on lower-carbon energy sources has made progress since it began in earnest several decades ago. Nearly $318 billion was invested in new clean energy sources around the world last year, up from $60 billion in 2004. Nearly half of this investment took place in large developing economies, particularly China but also Brazil, India, and South Africa.

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