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Geothermal Energy

  1. Top Five Reasons Fossil Fuel Companies Should Diversify into Renewables Now

    According to Amory Lovins a consultant to Shell Oil for the past 45 years and Chief Scientist and Co-founder of the Rocky Mountain Institute, little attention is being paid to the work that traditional energy companies are doing in the renewable energy industry.

    “I think a lot of groups promoting efficiency and renewables are so busy working with innovation and insurgency in the business world that they don’t pay enough attention to the incumbents,” he said during an interview at Shell’s Powering Progress Together forum in Detroit, Michigan at the end of April. 

    “It's like a yin-yang balance,” he said, jokingly adding that if you aren’t part of the problem, how can you be part of the solution?

    However, fossil fuel companies are well-equipped with the skills and expertise to transition into new business lines, he said.

    “These are companies with immense and unique skills, some of which will be useful for a long time.”

  2. EPA Seeks Public Comments on Environmental Regulation Reform

    The U.S. Environmental Protection Agency (EPA) today published a notice in the Federal Register that it is seeking public comments on regulations that may be repealed, replaced or modified, in accordance with President Donald Trump’s executive order “Enforcing the Regulatory Reform Agenda.”

  3. First Unit of Sarulla Geothermal Project in North Sumatra Now Online

    The first 110-MW unit of the Sarulla geothermal project began commercial operations in late March. When completed, the full project in Indonesia’s North Sumatra will have a capacity of about 380 MW. The project combines flash and binary geothermal technologies.

     

  4. New Global Solar Capacity Outpaced Wind in 2016, IRENA Says

    Last year marked the first time since 2013 that solar energy growth outpaced wind energy, according to a new report from the International Renewable Energy Agency (IRENA). Solar saw a record 71 GW of new capacity in 2016, while wind increased by 51 GW.

     

  5. The President’s Climate Change Executive Order: Wrong Pretense

    The President announced on Tuesday, March 28th at the Environmental Protection Agency his new Executive Order based on protecting 75,000 US coal jobs by threatening over 3 million US clean energy jobs.

    Some context:

    According to MorningConsult

    The order directs officials to review the Environmental Protection Agency regulations on new and existing power plants, withdraw the Obama administration’s “social cost of carbon,” which puts a price on greenhouse gas emissions, end a moratorium on new coal leases on federal land, review regulations on methane emissions from natural gas systems, end a guidance for agencies to consider climate change, and end Bureau of Land Management restrictions on hydraulic fracturing.

    The Trump administration has not yet released the text of the order  which is based solely on saving coal and other fossil jobs, but a senior White House official shared details with reporters in a call on March 27th.

  6. Full Text of Presidential Executive Order on Promoting Energy Independence and Economic Growth

    By the authority vested in me as President by the Constitution and the laws of the United States of America, it is hereby ordered as follows:
    Section 1.  Policy.  (a)  It is in the national interest to promote clean and safe development of our Nation's vast energy resources, while at the same time avoiding regulatory burdens that unnecessarily encumber energy production, constrain economic growth, and prevent job creation.  Moreover, the prudent development of these natural resources is essential to ensuring the Nation's geopolitical security.

     

  7. Cornell University Moving Forward with Geothermal Energy Plan

    Cornell's Senior Leaders Climate Action Group presented its findings Tuesday night regarding the school's stated goal of becoming a carbon neutral campus within 20 years and the use of an "unproven" but intriguing new method of heat production that could greatly reduce the school's carbon footprint by nearly 40 percent.
  8. Trump to Cancel Obama's Policies Aimed at Paris Climate Pledge

    President Donald Trump is moving aggressively to undo policies designed to keep the carbon-cutting promises the U.S. made alongside nearly 200 other countries in Paris, while stopping short of a decision to formally withdraw from that landmark climate accord.

    Trump will sign an executive order Tuesday that begins unraveling a raft of rules and directives to combat climate change, which President Barack Obama wove into the fabric of the federal government as he made addressing the issue a centerpiece of his second term.

  9. Around the Baseloads: What's New in the Geothermal, Biomass and Hydropower Industries

    No country will ever get to 100 percent renewable energy without using geothermal, biomass, hydropower or a combination of the three. These technologies are able to provide energy around the clock, (baseload) and do not depend on the sun shining or the wind blowing.

  10. Ten Clean Energy Stocks For 2017: Earnings Season

    Earnings season began in earnest in February. My Ten Clean Energy Stocks model portfolio gave back a little of its large January gains because a mix of good and bad earnings mostly offset each other. One pick (Seaspan Preferred) gave back its large January gains. Neither the original gain nor the loss were driven by news.

     

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