by ralfy » Mon 05 Jan 2015, 22:44:36
$this->bbcode_second_pass_quote('Graeme', 'R'), Your extremely weak arguments are not going to dissuade me that RE and economic growth are essential. I'm not going to supply a point by point rebuttal every time you post.
K, We've discussed this before in the storage thread.
Six Renewable Energy Trends to Watch in 2015
$this->bbcode_second_pass_quote('', '2')014 was a solid twelve months, for the most part, for renewable technologies. Solar firmly solidified its role as a major source of power in the future, LED sales continued to climb and investors began to more seriously look how efficiency gains can be measured and hence monetized in large commercial buildings. Meanwhile, large utilities began to question the long-term value of coal-burning power plants, a slide in oil prices gave investors the willies and nuclear advocates saw their once-theorized Renaissance get pushed out again.
Heck, even the DOE loan program that was so intently scrutinized during the Solyndra fiasco posted a profit.
It was a very good year.
So what’s on tap for 2015?
1. Finance Enters its Cambrian Period
Over the past few years, some of the big success stories in clean technology have been companies such as SunRun, Clean Power Finance and SunEdison that have developed and/or promoted innovative ways for consumers or businesses to fund efficiency or renewable projects. Renovate America went from being a company few had heard of in the beginning of 2014 to arguably the breakout success story of the year with its HERO program for improving the efficiency of homes in California.
You’d think the market was saturated already, but you’re going to see the launch of a whole new raft of companies next year. Jigar Shah just launched Generate Capital. Clean Fund is coming out of stealth. There are a whole bunch of others that haven’t been announced yet. In a nutshell, investors have seen enough data to realize that solar and even efficiency retrofits can provide a solid, stable return on investment that will beat bond funds but with far less volatility than the stock market. Large banks will also increasingly expand their clean loan portfolio.
renewableenergyworldThe Seven Most Attractive Nations For Renewable Investments: Part 1$this->bbcode_second_pass_quote('', 'C')limate change is upon us. The signs are everywhere, for anyone not actively denying them. So are the avenues to change our planet for the better, though some nations have not yet resolved to pursue them. So who are the seven most attractive nations for renewable investments?
The US is a nation divided, when it comes to renewable energy. Both wind and solar energy were invented in America, then left for other nations to develop. Though President Barack Obama’s administration has attempted to catch up, it faces entrenched resistance from a Republican party that now controls both houses of the US Congress. The next Chair of the Senate Environment and Public Works Committee will probably be a “climate change denier.” The most likely candidate is Oklahoma Senator James Inhofe, author of The Greatest Hoax: How the Global Warming Conspiracy Threatens Your Future.
China assumed world leadership, in terms of funding renewable growth, in 2012. It invested $57.9 billion, compared to $40.3 billion in the US. The Chinese were #1 again in 2013, spending $54.2 to America’s 36.7 billion.
Despite this, the US was #1 in the Renewable Energy Country Attractiveness Index (RECAI) from mid 2013 until last September. It is now #2.
The US might be able to resume leadership in the renewable sector, if it could make a concerted effort. Some call for the goal of obtaining 80% of its energy from renewable sources by 2050. This seems unlikely, given the Republican party’s control of both Houses, and the Obama Administration’s renewed commitment to developing cleaner fossil fuels. Future generations will most likely look back on Barack Obama’s Presidency as the defining moment in the nation’s energy development. As a nation, America will most likely play an increasingly diminishing role in the renewable sector during the decades to come.
Whether this is a bad thing or not remains to be seen. Many US-based corporations have expanded to the point that they would more accurately called “International” than “American.” This growth into a global economy will continue, regardless of which nations are in the van. Any substantial reductions in global GHG emissions can help curtail the impact of climate change. The US can play a valuable role by cleaning up its’ fossil fuel sector.