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

Green Car Congress

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). Dr. Paul addressed a positive change—the days of increasing US oil consumption may be over. “ by Bill Cooke.

Financing 150
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

Green Car Congress

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.

Renewable 220
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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

Green Car Congress

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. Increasing US refinery production along with rising crude oil supply from OPEC, its partner countries, and US tight oil producers should help bring those prices down. gal last summer.

2019 186
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NSF Awards NCSU Team $2M For Research on Deriving Drop-in Renewable Hydrocarbon Fuels from Algae

Green Car Congress

The first of many parallel steps for the research effort is to mass-culture the best oil-producing strains of Dunaliella , and then to map the Dunaliella genome and identify the genes responsible for regulating the quantities and qualities of the produced fatty acids. Earlier post.). It has to be cost-competitive, or none of this makes sense.

Renewable 218
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A hydrogen-powered electric truck is being built by Adani in partnership with Ashok Leyland and Ballard

Electric Vehicles India

This substance is called green hydrogen if it is produced by an electrolyzer that runs on renewable energy. billion stimulus package to set green hydrogen consumption targets for certain companies earlier this month. Electrolysis is the process of using electricity to split water to produce hydrogen that can be used as fuel.

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Canada Awards C$72.8M Subsidy to Husky Energy for Ethanol Plant

Green Car Congress

Proposed regulations will require 5% renewable fuel content based on the national gasoline pool by 2010 and 2% renewable content in diesel and heating oil by 2011 or earlier, subject to technical feasibility. The Government of Canada plans to invest up to C$1.5 billion over nine years through the ecoENERGY for Biofuels program.

Canada 170
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Worldwatch Institute report finds global energy intensity increased in 2010 for second year in a row

Green Car Congress

World crude oil prices more than tripled between 2004 and 2008—the fastest rise since the oil crisis of the late 1970s—contributing to the sharp decline in energy intensity during that period. But after the second half of 2008, when international oil prices dropped 75%, global energy intensity started rising.

2010 246