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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 report, “ Renewable Power Generation Costs in 2014 ”, concludes that biomass, hydropower, geothermal and onshore wind are all competitive with or cheaper than coal, oil and gas-fired power stations, even without financial support and despite falling oil prices. Report highlights include: Cape Wind’s troubles. Source: IRENA.

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

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Green Car Congress attended the Renewable Energy Finance Forum - Wall Street (REFF-Wall Street) conference (23-24 June) sponsored by Euromoney Energy Events and the American Council on Renewable Energy (ACORE). We reached peak oil consumption in the US in 2008 and the same is true in the EU and Japan. ” Billion in 2008).

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Pew: global clean energy investment reached record $243B in 2010

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Global clean energy finance and investment grew significantly in 2010 to $243 billion, a 30% increase from the previous year. The United States, which had maintained the top spot until 2008, fell another rung in 2010 to third with $34 billion. Italy is the first country to achieve grid parity, or cost-competitiveness, for solar energy.

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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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The report’s authors, Max von Bismarck and Anuradha Gurung from the World Economic Forum, and Chris Greenwood and Michael Liebreich from New Energy Finance, argue that “ enormous investment in energy infrastructure is required to address the twin threats of energy insecurity and climate change. billion) in 2004.

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Report for IPCC finds renewables could supply up to 77% of global energy by 2050 under most optimistic scenario; need for enabling public policies and investments

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77% is up from just under 13% of the total primary energy supply of around 490 Exajoules in 2008. Wind energy, including on- and offshore systems. Of the around 300 Gigawatts (GW) of new electricity generating capacity added globally between 2008 and 2009, 140 GW came from renewable energy. Source: SRREN. Click to enlarge.

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IEA: Estonia is pioneering technologies for more efficient and cleaner use of oil shale

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However, the National Development Plan for Oil Shale Use for 2008-15 calls for reducing annual extraction while preserving the country’s strong energy security. The new IEA publication Energy Policies of IEA Countries – Estonia 2013 describes how the country is trying to slow its mining of oil shale amid environmental concerns.

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The Greenius Goes Into Overdrive

Creative Greenius

Last month, I completed my GRID Alternatives volunteer training in San Diego and this Monday and Tuesday I’ll be in El Cajon, California as one of the volunteers installing a solar PV system on a new Habitat for Humanity home. Using AB 811 To Finance Solar PV Installation : Finding the Green to Green the Grid, House By House.

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