Power Transmission | The Green Economy Post: Green Careers, Green Business, Sustainability

$750M in New Funding for Renewable Energy Projects from the American Recovery and Reinvestment Act

By Chris de Morsella on October 19, 2009 1 Comment American Recovery and Reinvestment Act, biofuel, biomass, clean energy, Department of Energy, DOE, Financial Institution Partnership Program, FIPP, Geothermal, hydropower, loan guarantees, power transmission, private sector, renewable energy, solar;, Steven Chu, U.S. Energy Secretary, Washington D.C., wind

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.

Distributed Energy Generation, a Green Economy Paradigm

By Chris de Morsella on September 17, 2009 24 Comments alternative energy, American Wind Energy Association, Arizona, AWEA, AZ, blackouts, brownouts, co-generation, coal, distributed energy generation, emergency power, Fuel Cells, gigawatt, green economy, green economy paradigm, line loss, micro-turbines, micro-wind, national security, peak demand, Peoria, photovoltaic, Pike Research, power transmission, Sandia National Laboratories, Scottsdale, small scale wind, smart grid, solar power, solar PV, solar thermal, Sterling Energy Systems, SunCatcher, Tessera Solar, thermoelectric, wind

Distributed energy systems can range from the micro sized do it yourself systems being installed on rooftops and on hilltops to small scale systems ranging up to around 20MW (megawatts) of capacity, although it must be understood that this is a pretty fuzzy boundary. The defining characteristic of distributed energy systems is that they generate energy close to the point of use where that energy will be consumed; hence the admittedly fuzzy 20MW upper boundary for their size.