Utilities squeezed as corporations seek renewable energy elsewhere

As large corporations increasingly demand 100 percent renewable energy, many utilities are left in a bind: Add to their already excess capacity, or they can risk losing new customers to lower-priced third-party agreements. “We have to figure out how to thread the needle with utilities,” said Letha Tawney who, as the director for utility innovation at the World Resources Institute, spends many of her waking and working hours trying to guide utilities into a new energy paradigm. Many large power consumers have clearly demonstrated that, with or without their local utilities,…

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Renewable Energy Generates Billions for Rural America

A report published last week by Bloomberg New Energy Finance (BNEF), an investment research arm of Bloomberg news service, highlights a principle that 25x’25 has been preaching since its origins in 2004: Renewable energy offers farmers, ranchers, forestland owners and rural communities huge income opportunities. Focusing principally on wind energy, the BNEF analysis says more than $100 billion has been invested by companies in low-income counties, where some 70 percent of the nation’s wind farms are located. Alex Morgan, North American wind energy analyst at BNEF, says that by 2030,…

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Schneider Electric receives grant from Sustainable Development Technology Canada to commercialize smart energy storage solution inverter

Canada – Schneider Electric (www.schneider-electric.com) has announced Sustainable Development Technology Canada (SDTC) will fund the commercialization of its Smart Energy Storage Solution (SmartESS) inverter. The contract with SDTC, an arm’s-length foundation of the Government of Canada, for the development of clean technologies solutions, will enable Schneider Electric to develop SmartESS inverter solutions in the T’Sou-ke First Nation, a native community located on the south shore of British Columbia’s Vancouver Island. “T’Sou-ke Nation welcomes the opportunity to partner with Schneider Electric to continue to develop the role of solar power in bringing…

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GE’s goal is to electrify the world

Tomi Motoi, GE representative to the International Energy Agency (Economics and Investment Office) The energy system drives today’s economic and social progress. Global energy investment in 2015 accounted for nearly 2.4% of global GDP—electricity, including networks, accounted for 37% of this investment[1], serving worldwide energy demand and providing critical energy access to millions. Electricity also plays a key role in the transition to a low-carbon economy—it can partially replace fossil fuels in transport and heating. However, more can be done to further electricity access. For example, more than 1 billion…

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Energy and Air Pollution – World Energy Outlook Special Report

worldenergyoutlookspecialreport2016energyandairpollution INTERNATIONAL ENERGY AGENCY The International Energy Agency (IEA), an autonomous agency, was established in November 1974. Its primary mandate was – and is – two-fold: to promote energy security amongst its member countries through collective response to physical disruptions in oil supply, and provide authoritative research and analysis on ways to ensure reliable, affordable and clean energy for its 29 member countries and beyond. The IEA carries out a comprehensive programme of energy co-operation among its member countries, each of which is obliged to hold oil stocks equivalent to…

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The World Energy Trilemma report 2016

full-report_energy-trilemma-index-2016   ABOUT THE ENERGY TRILEMMA INDEX The World Energy Council’s definition of energy sustainability is based on three core dimensions: energy security, energy equity, and environmental sustainability. Balancing these three goals constitutes a ‘trilemma’ and is the basis for prosperity and competitiveness of individual countries. The World Energy Trilemma Index, prepared annually by the World Energy Council in partnership with global consultancy Oliver Wyman, along with the Global Risk Centre of its parent Marsh & McLennan Companies since 2010, is a comparative ranking of 125 countries’ energy systems. It…

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2016 Energy Trilemma Index ranking shows global energy sector shifting priorities towards more balanced energy mix

Access to electricity and clean cooking has improved for the 125 Index countries to 85% and 74% respectively since 2000. At the same time cleaner forms of energy are being used for each dollar created, with CO2 intensity decreasing to 0.27tCO2/$ in 2014, and the share of renewables in the global energy mix going up to 9.7% in 2015. This signals that countries are building more sustainable energy systems by concurrently addressing the three dimensions of the Energy Trilemma: energy security, energy equity, and environmental sustainability. The Energy Trilemma Index…

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