geothermal storage News
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Geothermal 'Battery' Repurposes Abandoned Oil and Gas Well in Illinois, Rresearchers Report
By Lois Yoksoulian, Physical Sciences Editor, University of Illinois News Bureau Researchers at the University of Illinois Urbana-Champaign have successfully demonstrated efficient geothermal heat storage while simultaneously repurposing an abandoned oil and gas well.A new study, led by civil and environmental engineering professor Tugce Baser, is the first field investigation of a geothermal ...
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`Hybrid` nuclear plants could make a dent in carbon emissions
Original story at MIT News Many efforts to smooth out the variability of renewable energy sources — such as wind and solar power — have focused on batteries, which could fill gaps lasting hours or days. But MIT’s Charles Forsberg has come up with a much more ambitious idea: He proposes marrying a nuclear powerplant with another energy system, which he argues could add up to ...
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Canada Invests Over $960-Million in Renewable Energy and Grid Modernization Projects
The Government of Canada is investing in renewable energy and upgrading the electricity grid to make clean, affordable electricity options more accessible in communities across Canada. The Honourable Seamus O'Regan Jr., Minister of Natural Resources, on June 2 launched a $964-million program to support smart renewable energy and grid modernization projects that will lower emissions by investing ...
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California ISO Releases First-Ever 20-year Transmission Outlook
To help enable and accelerate the integration of new renewable electricity resources onto the grid, the California Independent System Operator (ISO) has published a draft of its first-ever 20-Year Transmission Outlook. The long-range blueprint for the interconnected high-voltage system was developed at the same time as the ISO's customary annual 10-year Transmission planning process. "There is a ...
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PGE Files Integrated Resource Plan with Public Utility Commission
November 16, 2016 -- Portland General Electric Company recently filed its 2016 Integrated Resource Plan with the Oregon Public Utility Commission, which would put PGE on target for meeting the state's recently expanded renewable energy requirements. The IRP calls for increases in energy efficiency and customer-side demand response, renewable energy resources, and flexible dispatchable ...
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Ormat Joins the American Business Act on Climate Pledge
Ormat Technologies, Inc. (NYSE:ORA) announced today it has joined the American Business Act on Climate Pledge, joining more than 140 companies from across the American economy that are standing with the Obama Administration to demonstrate an ongoing commitment to climate action and to voice support for a strong outcome to the COP21 Paris climate negotiations. The American Business Act on ...
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Tax Professionals Unfamiliar With US Clean Energy Incentives, Survey Finds
Tax professionals are generally unfamiliar with the various tax incentives available to private investors in clean energy projects, despite the fact that many have participated in other kinds of "tax equity" transactions, according to a survey conducted by Bloomberg BNA in consultation with Bloomberg New Energy Finance. The online survey of subscribers to Bloomberg BNA's Tax and Accounting ...
By Bloomberg
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Development banks finance record amount in clean energy
Clean energy financing by the world’s development banks increased 19% last year to break through the $100bn-a-year barrier for the first time. The top three banks were Germany’s KfW, China Development Bank and the Brazilian Development Bank (BNDES). In 2012 development banks financed $109bn in renewable energy, energy efficiency, and electrical transmission and distribution, ...
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Clean Energy Investments in Latin America Total $9.7 billion in 2012
Total new financial investments in clean energy in non-BrazilLatin America rose 127% in 2012 compared to 2011 figures, reaching $4.6 billion. This growth reverses the first global decline in new clean energy investments last year, as the region became more active in renewable energy. The trend emerges as 200 senior level financiers and developers will meet at the 3rd Annual Renewable Energy ...
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NYSE Euronext and Bloomberg New Energy Finance Partner on Launch of Family of Clean Energy Indices
Today, NYSE Euronext in partnership with research company Bloomberg New Energy Finance will launch three regionally-focused clean energy stock indices, enabling the quoted companies most active in the world's historic shift to low-carbon energy to be tracked in unprecedented detail. The indices, covering respectively the Americas, the Europe, Middle East and ...
By Bloomberg
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The subject of the energy transition at local level - press conference of New Energy Husum
Husum’s trade fair boss and energy experts from Schleswig-Holstein show ways to achieve self-sufficiency with renewable energy Today, Messe Husum organised a press conference in Kiel on the subject of the energy transition at local level. Speakers included Schleswig-Holstein’s energy transition minister Dr Robert Habeck, Husum’s trade fair boss Peter Becker, the spokesman of ...
By Messe HUSUM
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Making the DOD more energy efficient. an op-Ed by Judy marks, CEO, Siemens government technologies
In 2011, the Department of Defense (DOD) was not only the single largest energy consumer in the U.S., but the largest in the world. The DOD spent roughly $20 billion on energy last year, including $4 billion at military installations. With multiple government initiatives introduced around energy consumption goals and policies in place like the Energy Policy Act of 2005, the DOD has very real ...
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Europe's Six Most Innovative Geothermal Projects of 2022
In March 2023 the European Geothermal Energy Council (EGEC) will announce the final winner among the six endorsed nominations for the Ruggero Bertani European Geothermal Innovation Award 2023. The six finalists are (in alphabetical order by company): BRGM (France), with the project INHIBIOSOURCExpert.The safe use of low enthalpy geothermal installations in the Dogger Aquifer of the Paris Basin ...
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Best Geothermal Presentations of 2012 Announced
The Geothermal Resources Council (GRC) has announced the outstanding presentations from the global geothermal community for 2012. The judging was made in each of the technical sessions held in early October at the 36th GRC Annual Meeting inReno, the world’s largest annual geothermal event. The judging criteria included the technical content, the quality of the visual aids and the ...
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WBA welcomes new members
WBA is pleased to welcome 1 full member and 7 associated members to our association. As we are a member based organization, these new companies and associations give us a major boost in our mission to promote sustainable bioenergy globally and to support the business environment for bioenergy. Full Member - Bioenergy 2.0 Association Associated Members - WSP Sverige AB, Victor Energy ApS, World ...
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Sage Geosystems' Landmark Full-scale Commercial Pilot
Sage Geosystems Inc., a geothermal baseload and energy storage company, this week (Sept 12) announced groundbreaking results and data from their full-scale commercial pilot confirming the performance of its energy storage system that can provide short- or long-duration storage (EarthStore ). Further, the results show Sage's technology is cost-competitive with lithium-ion batteries, pumped storage ...
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Hyperlight Energy Awarded $1.5 Million from U. S. Department of Energy to Advance Low-Cost Concentrated Solar Power (CSP) Collector
Hyperlight Energy, a developer and manufacturer of low cost Concentrated Solar Power (CSP) technology, announced today that it was selected by the U. S. Department of Energy’s SunShot Initiative to receive a $1.5 million award to develop a pilot CSP production line in San Diego, CA. The project will also validate a rapid field deployment design in a one-megawatt demonstration project at the ...
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Bloomberg New Energy Finance Honors Ten New Energy Pioneers
Bloomberg New Energy Finance, the world's leading provider of news, data and analysis on the clean energy and carbon markets, today announced its selections of 2011 New Energy Pioneers at the Bloomberg New Energy Finance Summit in New York City. In its second year, the Bloomberg New Energy Finance Pioneers program identifies companies from across the world that are ...
By Bloomberg
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World Clean Energy Investment Heads for Second Successive Annual Fall
Global investment in clean energy was $45.9bn in the third quarter of 2013, down 14% on the second quarter of this year and 20% below the number for Q3 2012, according to the latest data on deals and projects compiled by research company Bloomberg New Energy Finance. The latest figure makes it almost certain that investment in renewable energy and energy-smart technologies such as smart grid, ...
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China’s power sector heads towards a cleaner future
China’s power capacity will more than double by 2030 and renewables including large hydro will account for more than half of new plants, eroding coal’s dominant share and attracting investment of $1.4 trillion. China’s power sector carbon emissions could be in decline by 2027. China’s power sector is expected to go through significant changes through to 2030, according to ...
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