October 20, 2011
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Energy & Renewables Newsletter October 20, 2011 |
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| This Week´s Featured News Stories |
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Report: EU to map out rapid shift towards renewables
The EU is to warn that the era of cheap energy is over, according to a leaked document obtained by news agency Reuters that outlines how the bloc plans to accelerate investment in renewable energy. The draft 2050 energy road map is to be published before the end of the year and is expected to reinforce the messages contained in the 2050 low carbon road map that was published by the European Commission in March and detailed how the bloc could cut emissions by between 80 and 95 per ... | ||
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United States to lead the world in geothermal power capacity
The U.S. Department of Energy recently finalized a loan guarantee of up to $350 million for a geothermal power generation project in Nevada that will produce 113 megawatts of clean base load electricity from three geothermal facilities. Energy Secretary Steven Chu pointed to the project, sponsored by Ormat Nevada, Inc., as a signal that the United States will remain the global leader in geothermal energy development. According to a recent report from Pike Research, total U.S. geothermal capacity will reach 4.2 gigawatts (GW) in 2020, a 36% increase from the 2010 level and significantly ... | ||
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