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Perspective: Despite Solyndra’s death, the future of solar energy is sunny

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With subsidies long in place for nuclear, coal and gas in the US along with the cheap cost of production for coal and natural gas, solar is essentially competing with that $0.10/kWh kWh average cost of electricity in the United States and globally. Of course, the largest solar demands will be coming from China and India.

Solar 246
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IRENA report finds renewable power costs at parity or below fossil fuels in many parts of world

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The cost of generating power from renewable energy sources has reached parity or dropped below the cost of fossil fuels for many technologies in many parts of the world, according to a new report released by the International Renewable Energy Agency (IRENA). Real weighted average cost of capital is 7.5% Source: IRENA.

Renewable 150
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EPA Proposes Transport Rule to Cut Pollution from Power Plants in 31 States and DC; New Approach for Pollution Reduction

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To meet this proposed rule, EPA anticipates power plants will: Operate already installed control equipment more frequently; Use lower sulfur coal; or. Install pollution control equipment such as low NO x. EPA estimates the annual cost of compliance with the proposed rule at $2.8 billion in 2014.

Pollution 218
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US DOE Issues Request for Information on Hydrogen and Fuel Cell Market Development; Reports to Congress on Program

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billion (FY 2004 - FY 2008), including the competitive selection of nearly $830 million (subject to appropriations) in research, development, and demonstration (RD&D) projects (nearly $1.2 billion with private sector cost-sharing). The 2015 cost target was $2-$3/gge. System cost remains an issue.

Congress 150
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Alberta to Host Underground Coal Gasification Demo; Update on Linc Chinchilla UCG In Australia

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million) toward a $30-million underground coal gasification (UCG) project with Swan Hills Synfuels of Calgary. Swan Hills Synfuels expects the project to demonstrate the ability to manufacture synthetic gas from Alberta’s coal resources, with the future potential of utilizing the coal seams for carbon capture and storage.

Coal 150
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Headwaters Inc and Axens Form Direct Coal Liquefaction Alliance

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Headwaters direct coal liquefaction process. Headwaters Inc and Axens are forming a strategic alliance to provide a single-source solution for producing synthetic fuels by direct coal liquefaction (DCL) alone or in combination with refinery residues or biomass. Up to 50% more liquid product per ton of coal. Source: Headwaters.

Coal 170
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

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Ed Feo is a partner with the law firm of Milbank, Tweed, Hadley & McCloy and was voted one of the “Five Most Influential People in Renewable Energy” in 2008 by Euromoney / Institutional Investor. We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008). Billion vs. $28.3

Financing 150