As the nation seemingly and slowly pulls out from deep recession there is indication that cleantech sector employment is helping to lift some areas of the country and is starting to provide some jobs in what has been a painfully jobless “recovery” for far too many. This post, by John Addison focuses on some areas of his home state of California that are helping to drive the California economy and boosting jobs growth.
This is my fourth annual list of renewable energy and energy efficiency stocks since I began the series in January 2008, which I expect to outperform in 2011.
What is the variability problem of wind and solar energy, how serious of a problem is this and what can be done to fix it? This article examines this issue of variability, describing and defining it and listing some of the ways in which the unique challenges of wind and solar energy is being or can be addressed.
Using financial data from 1,833 firms with US revenues of more than $1 billion in 2008/09, independent analyst firm Verdantix finds that spending on 29 sustainability initiatives will grow from $28 billion in 2010 to $60 billion in 2014. Over the 2009 to 2014 period the US sustainable business market will experience a 19% compound annual growth rate. The sustainable business market forecast finds that growth of 11% in 2010 will increase to 16% in 2011 and 24% in 2012. Growth in spending is driven by improved economic growth, risk drivers, competitive dynamics, innovation diffusion, higher oil prices, state-level GHG regulations and renewable energy policies. The study covers all industries and all sustainability initiatives from energy efficiency to spending on strategy, risk and brand.
A new study reveals that nuclear energy and other traditional energy supplies like fossil fuels cost are and will continue to rise and not likely ever go back down. Meanwhile, renewable energy has achieved a “downward cost curve” over the last decade, and they are likely to continue to fall in price.
Our nation’s electricity infrastructure will be upgraded into an efficient, secure, reliable, adaptable machine! But the slow smart grid evolution will be achieved with smaller steps. What does short term smart grid future look like? Read on for current smart grid trends.
Demand Response is an increasingly popular component in addressing our nation’s aging electrical grid. Currently a fragmented market, Demand Response will be experiencing consolidation and growth as more businesses implement programs to achieve cost reduction and energy savings.
The first comprehensive update to Unites States wind potential estimates in 17 years helps renewable energy proponents by providing solid data for development and legislation. However, the wind power industry needs an improved electrical grid in order to transport and sell wind-generated energy…
As our nation’s electrical grid needs to be transformed in to a Smart Grid to avoid becoming even more of an economic and security risk. It’s time for a major overhaul complete with automation, two-way communication, real-time information, and decentralized production & distribution networks.