NASA scientists from the Moffet Field laboratory in California have proposed an ingenious process to grow algal biofuels in the ocean enclosed within large floating bags made of a special semi-permeable clear plastic membrane. Growing algae in floating bags in the sea solves several major problems that are faced by current land based methods of algal biofuel production in an elegant low energy, low impact manner. This is the kind of out of the box thinking that is needed in order to grow the green economy. Now, in updated news NASA engineers and industry veterans have launched a company, Algae Systems, to commercialize the process.
Clemens University, SC has been awarded $98M to test new and very large wind turbine drive trains. The newly announced facility could eventually lead to thousands of new green jobs for the state and help establish South Carolina as a hub for offshore wind turbine manufacturing & servicing.
Steven Chu, U.S. Department of Energy (DOE) Secretary has announced up to $338 million in Recovery Act funding for the exploration and development of new geothermal fields as well as for research into advanced geothermal technologies. The newly announced grants will be awarded to 123 projects in 39 states and will be matched more than one-for-one with an additional $353 million in private and non-Federal cost-share funds, for a total grant pool of $691 million. This is a pretty big number and represents a major investment in a promising and yet often overlooked renewable energy resource. Recipients of the new grant funding include private industry, academic institutions, tribal entities, local governments, and DOE’s National Laboratories.
President Obama, speaking at Florida Power and Light’s (FPL) DeSoto Next Generation Solar Energy Center, announced the largest single energy grid modernization investment in U.S. history. The newly announced funding is designed to help the nation transition to a smarter, stronger, more efficient and reliable electric system i.e. the Smart Grid, which will provide energy-saving opportunities, increase efficiency, and help grow renewable energy sources like wind and solar.
A new study by the Marine Biological Lab (MBL) of Woods Hole Oceanographic Institution (WHOI) has reported that biofuels that displace food crops may have a much bigger carbon footprint than previously thought. MBL senior scientist Jerry Melillo and his colleagues at the MBL have reported that carbon emissions from land-use change caused by the displacement of food crops and pastures by a global biofuels program may be twice as much as the emissions from lands directly devoted to biofuels production.
U.S. Energy Secretary Steven Chu announced in Washington that the Department of Energy (DOE) will provide up to $750 million in new funding from the American Recovery and Reinvestment Act to help accelerate the development of renewable energy generation projects. This funding will be targeted to cover the cost of loan guarantees for renewable energy projects and could support as much as $4 to 8 billion in lending to eligible projects, and the Department will invite private sector participation to accelerate the financing of these renewable energy projects.
U.S. Energy Secretary Steven Chu announced grant awards for up to $24 million, from the American Recovery and Reinvestment Act, to three university-led wind energy research facilities that have been selected to support university research and development programs to improve land-based and offshore wind turbine performance and reliability and to provide career educational opportunities for undergraduate and graduate students in wind energy technologies. The three universities are: Illinois Institute of Technology, University of Maine and University of Minnesota.
Seriously folks you read it right… fracking (an actual technical term for hydraulic fracturing) hot dry rock reservoirs has the potential to open up vast hot dry rock “heat” reservoirs for use as a reliable geothermal energy source. According to a 400 page MIT study The Future of Geothermal Energy sponsored by the Department of Energy (DOE) and published in 2007 the economically recoverable potential for “Heat Mining” in the US could grow to a cumulative installed generating capacity of 100GW in less than fifty years.
By some measures 2009 has been the worst year in the young solar PV sectors history. In fact, global revenue for Photovoltaic (PV) panels is expected to drop by nearly 20 percent in 2009, as oversupply causes prices to crash by nearly fifty percent. Many of the weaker firms may not survive this shakeout and right now things do look very gloomy – even though by some other measures 2009 is not as bad as it may seem. For example more newly installed capacity (4.2 GW) is installed this year than any year – ever; however this is of little comfort to the many firms in this sector that are being buried under an avalanche of negative revenue. This article examines the short term outlook for the solar PV sector going forward, basing itself on market data from a recent iSuppli study.
![NASA Wants to Bag Biofuel From Sewage [UPDATED]](http://greeneconomypost.com/wp-content/uploads/2009/05/semi-permeable-plastic-bags-for-algae-harvesting.jpg "NASA Wants to Bag Biofuel From Sewage [UPDATED]")
