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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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On December 16, 2010 the US DOE Energy Information Agency (EIA) published a report projecting that renewable energy will still only constitute 12 percent of the USA’s energy sources by 2035. In France, renewable energy consumption will be 20 percent by 2020. EIA projections of renewables penetration. Source: EIA.

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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). by Bill Cooke. Billion vs. $28.3 Billion in 2008). . Billion in 2008). Earlier post.).

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Stimulus Bill Provides Major Increase in Plug-in Vehicle Purchase Credit Program

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The $787-billion stimulus bill (HR 1, the American Recovery and Reinvestment Act) that emerged from the joint House-Senate conference committee this week provides funds for a large range of transportation-related projects. A 10% credit, up to a maximum of $4,000, for the cost of converting any motor vehicle into a qualified PHEV.

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DOE awards more than $145M for advanced solar technologies under SunShot Initiative

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Funded through DOE’s Office of Energy Efficiency and Renewable Energy, the projects will also improve materials, manufacturing processes, and supply chains for a wide range of photovoltaic (PV) solar cells and components of solar energy systems. —Energy Secretary Steven Chu.

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DOE to Award Up to $300M in Stimulus Bill Funding for Projects to Expand Use of Alt-Fuel and Advanced Technology Vehicles

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The FOA modifies a much smaller and earlier-issued FOA by incorporating a supplemental $300 million appropriated by the American Recovery and Reinvestment Act (ARRA) of 2009 (the stimulus bill) for the Energy Policy Act (EPACT) of 2005 Section 721 to fund a competitive grant pilot program to be administered through the Clean Cities Program.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Global energy-related carbon dioxide emissions can be reduced by 70% by 2050 and completely phased-out by 2060 with a net positive economic outlook, according to new findings released by the International Renewable Energy Agency (IRENA) and the International Energy Agency (IEA). —IRENA Director-General Adnan Z. Click to enlarge.

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. gal last summer.

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