Discusses the recent news that renewable energy (including hydro as well) now supplies more electricity to the US grid than does nuclear power. The post then goes on to list some large solar and wind projects in advanced stages of the development pipeline as a reason for being optimistic that the solar and wind side of the renewables is rapidly growing in scale.
This post looks at fifteen kinds of utility or grid scale energy storage solutions that are either in wide use or have significant potential to supply the energy storage capacity that will help make the grid both more efficient and more robust. These range from pumped hydro, which is by far the most prevalent form of energy storage at this scale to compressed air, thermal storage, advanced batteries, fuel cells and purely electric storage systems.
This post addresses some of the misdirections being propagated by politicians about the rising price of gasoline and points at the actual underlying reasons for these rising prices, clearly illustrating how the global price of crude oil is by far the largest factor in the price of a gallon of gas at the pump and that fuel taxes are a small portion of the overall price. It goes on to make the point that these taxes are also badly needed by a rapidly crumbling national road infrastructure. This is a complex subject; this article provides an important perspective on it.
California’s Senate has just passed some important new renewable energy legislation that will, if approved in the Assembly and signed into law by Governor Jerry Brown, require utilities operating in the state to obtain one third of their electricity from renewable sources of energy such as wind, solar or geothermal. This is a big increase from the current 20% targets set by former Governor Arnold Schwarzenegger in a 2009 executive order.
The recent swings in the spot price for crude oil — especially in light of the currently rapid rising spot prices are cause for alarm. Noting that the current run up of prices looks a lot like period leading up to the sudden price spike that occurred in the summer of 2008. It goes on to argues that the global economy needs a better market regulating mechanism that can help manage these swings and reduce their amplitude so they become less damaging to the world’s economies. The energy business — whether it is alternative energy or oil, gas or coal exploration and development — has huge up front capital needs. This needed capital is much harder to raise in a climate of such extreme near term price uncertainty.
The disastrous oil spill in the Gulf of Mexico has reopened the debate over the direction the United States’ energy future is headed. Now more than any other time in history, citizens are beginning to understand the necessity to evolve past our love affair with oil. An economy that is dependent on a non-renewable, quickly fleeting resource can only move towards instability if alternative fuels are not found. The Congressional Budget Office is beginning to analyze how energy policies and initiatives to reduce greenhouse gas emissions will affect employment in an economy that is trying to pull itself out of a recession. Democrats are pushing for a comprehensive energy bill that will enhance the production of clean energy technologies, put a price on emitting carbon, reduce greenhouse gases by a significant amount over the next 20 years, and influence entry into a range of new renewable energy industries. Senators John Kerry and Joseph Lieberman are due to present their energy bill in the Senate next week. This bill, The American Power Act will be hard-pressed for passage without strong republican backing. The loss of republican Senator Lindsay Graham as a cosponsor of this bill is devastating. White House spokesman Robert Gibbs said, “the oil spill showed drilling alone would not solve U.S. energy problems and that higher summer fuel prices will heighten consumers’ views that the country must move more aggressively into alternatives.” (Cowan & Gardner, 2010) If the country decides to aggressively reduce greenhouse gas emissions, this will have many significant implications for employment in our country.
Stephen Hinton, provides a compilation of professionals that will see growth as the US economy goes green. He predicts that those in STEM professions (Science, Technology, Engineering and Mathematics) will experience the most job security.
Stephen Hinton provides insight into what traits green companies are looking for in candidates and what skills and traits they expect to see on their resume. He lays out the six pieces of important information that you need on your resume to stand out and get hired.
Venture capitalists invested $4.8 billion in 637 deals in the third quarter of 2009, according to the MoneyTree™ Report from PricewaterhouseCoopers LLP (PwC) and the National Venture Capital Association (NVCA), based on data provided by Thomson Reuters . Quarterly investment activity increased 17 percent in terms of dollars, but fell 3 percent in number of deals compared to the second quarter of 2009 when $4.1 billion was invested in 657 deals. The increase in dollars invested was driven by several large rounds in the Clean Technology sector, one of which is the ninth largest deal since 1995. The Life Sciences sector (biotechnology and medical device industries combined) also had a solid quarter relative to other industry sectors, leaving Software as the third highest investment sector, a notable decline in industry ranking.