Category Archives: Geothermal

More Than 450 Geothermal Power Projects Are Now Under Active Development Worldwide

Although geothermal power projects typically take many years to develop, the geothermal power industry is rapidly expanding beyond its traditional markets.  Promising resources in emerging markets and innovative technology demonstration projects are helping to exploit untapped geographic potential.  According to a new report from Pike Research, a part of Navigant’s Energy Practice, a total of 454 geothermal power projects are now under active development worldwide, with surface exploration already underway.  Sixty-four countries have geothermal projects slated for development, compared to fewer than 30 countries just a few years ago, the study concludes. Continue reading

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Semprius to Exhibit New Solar Technology at 2012 Democratic National Convention

DURHAM, N.C.–(BUSINESS WIRE)–Semprius, Inc., an innovator in high concentration photovoltaic (HCPV) solar modules, will display a new branding application for its world record technology at Duke Energy’s exhibit in the Legacy Village at CarolinaFest, which runs in conjunction with the 2012 Democratic National Convention in Charlotte, North Carolina.

Semprius, the world record holder for photovoltaic module conversion efficiency and the first company to covert over one-third of the sun’s energy into electricity, has developed a new solar module with unique branding potential. Semprius’ technology begins with its proprietary micro-transfer printing process, enabling the company to use the world’s smallest solar cell – approximately the size of a pencil point – to manufacture modules with unmatched performance and cost advantages. In addition to supporting large-scale power generation projects, Semprius also possesses the exclusive ability to incorporate graphics into its modules. Semprius’ new “Marquee” design will be demonstrated at the 2012 Democratic National Convention, installed by Charlotte-based Argand Energy Solutions, highlighting the ability to incorporate corporate logos into Semprius solar arrays of any size. Continue reading

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GEA Report Details International Geothermal Growth

WASHINGTON–(BUSINESS WIRE)–In conjunction with tomorrow’s GEA International Geothermal Energy Showcase 2012, the Geothermal Energy Association (GEA) has released its latest International Market Overview Report, which finds that the global geothermal power market grew substantially in 2011-12. As of May 2012, there are approximately 11,224 MW of installed geothermal capacity online globally. The U.S. remains the world leader with approximately 3,187 MW of installed capacity, but global market growth continues to outpace the U.S. by a noticeable margin.

“Federal tax credits for geothermal in the U.S. expire at the end of 2013, making it difficult for many projects with long lead times to move forward in this unpredictable economic climate”

“It is encouraging to see such widespread geothermal growth, as this baseload energy source has the potential to replace coal and other non-renewable power sources in countries around the world,” said GEA Executive Director Karl Gawell. “Worldwide, national policies are propelling growth in the strongest markets, but growth in the United States is still hindered by uncertainty about the direction of government policy.”

Outside of the U.S., countries like Turkey, Kenya and Indonesia continue to show promise for significant geothermal expansion. Turkey has been deemed one of the “hottest” European markets for geothermal, and is the seventh most promising country in the world, with 2,000 MW of geothermal potential. Continue reading

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Oil Incumbents Building Empires to Dominate Biofuels and Other Alternative Fuels

BOSTON–(BUSINESS WIRE)–Over the past decade, hundreds of start-ups, corporations, financiers, and universities have developed compelling alternative fuel technologies, such as bio-based jet fuel and cellulosic ethanol. Now, as alternative fuels march to scale, partnership networks in this field are increasingly dominated by the same giant multinationals that control petroleum, according to a Lux Research report.

“As a result, they’ve been able to lead the way to the market, building commercial facilities this year and next.”

“As alternative fuel technologies go to market, aligning with the right partners is a necessary stepping stone. The massive incumbent fuel producers, refiners, and distributors can be the competition, but they’re also the key to integrating novel technologies into a century-old industry,” said Andrew Soare, Lux Research Analyst and the lead author of the report titled, “Mapping Empires, Goldmines, and Landmines in the Alternative Fuels Network.”

“The public market successes of Gevo, Amyris, and Solazyme have been based on their sound partnership portfolio, in addition to a robust technology platform,” he added. “As a result, they’ve been able to lead the way to the market, building commercial facilities this year and next.” Continue reading

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Iceland Offers Data Centers the Most Competitive Power Prices in Europe

REYKJAVIK, Iceland–(BUSINESS WIRE)–Landsvirkjun, Iceland’s national power company has announced its aim to power 1% of the European datacenter industry with electricity from renewable hydroelectric and geothermal sources by the year 2020. The estimated electric energy needed to achieve this target is around 1.5 TWh, about 10% of the company´s current generation. The ambition is based on Iceland´s ample renewable power development opportunities and the fact that the country has been attracting considerable datacenter industry investment drawn by the compelling power proposition, solid infrastructure, and world-class business environment.

“Iceland offers differentiating economic advantages with the most competitive power prices in Europe, a commitment to long term contracts and reliable renewable energy. This makes it particularly attractive for international sustainable business development, especially in sectors such as datacenters where value is attached with being green and secure.”

Landsvirkjun´s power proposition is to provide the most competitive energy prices in Europe. Recent public quotes from the company offer fixed real rates of $43/MWh in 12 year contracts. In comparison, European average real market rates were from $65/MWh in 2011 on short term contracts with prices expected to increase considerably over the coming decade. In addition, Iceland’s power is 100% renewable from hydro and geothermal sources and the quality of delivery has recently been singled out by the World Economic Forum as being among the top three in the world. Continue reading

Posted in Alternative Energy, Business, BusinessWire, Data Centers, Energy, Energy Management, Geothermal, Goods, Services & Product Design, Green Business, Green IT, Information Systems, IT Asset Management, IT Policies, Procedures & Strategy, Press Companies, Storage Solutions, Sustainability News, Technology | Tagged , , , , , , , , , , , | Leave a comment

Analyzing the US Renewable Energy Market: a comprehensive databook

DUBLIN–(BUSINESS WIRE)–Research and Markets has announced the addition of the “Analyzing the US Renewable Energy Market” subscription to their offering.

A comprehensive databook on renewable energy trends across the USA, covering biomass and waste energy, geothermal energy, hydroelectricity, solar power and wind energy. Updated monthly and available either as an individual report or an annual subscription, Analyzing the US Renewable Energy Market is packed with detailed analysis, charts, tables and maps incorporating the latest available data on capacity, generation and consumption trends at both the national, state and sectoral level.

This databook also provides market share information for the top developers and power plants. Data coverage is for the latest month, year-to-date and 3 years of history. This databook provides a detailed overview of all renewable energy sectors and is supplemented by separate and related deep dive analysis reports on each of the renewable sectors, covering biomass and waste energy, geothermal energy, hydroelectricity, solar energy and wind energy. Continue reading

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@BarackObama – ‘I will not walk away from clean energy’

United States President @BarackObama  in his State of the Union Address yesterday, said the “promise of clean energy” is still alive, but he will need some help from Congress to move things forward.

Mr. Obama, whose speech talked about making a U.S. economy that’s “built to last,” said some progress on the “clean energy” front has been made in the country, although more needs to be done especially in terms of government support.

“In three years, our partnership with the private sector has already positioned America to be the world’s leading manufacturer of high-tech batteries. Because of federal investments, renewable energy use has nearly doubled, and thousands of Americans have jobs because of it,” Mr. Obama said.

Mr. Obama gave as example the experience of Bryan Ritterb, a furniture worker who was laid off at 55, but who reportedly found work at Energetx, a company which makes wind turbines in Michigan. Continue reading

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U.S. Military to Invest $10 Billion Annually in Renewable Energy by 2030

In September 2011 the U.S. Army announced that it has formed a new Energy Initiatives Task Force that will assess renewable energy projects, vet potential suppliers, and develop new technologies to support the Army’s growing commitment to powering its bases and its missions with renewable energy.  The Task Force is part of a Pentagon-wide effort to reduce its dependence on fossil fuels and embrace renewable energy sources as the military confronts the issues of energy costs, energy security for remote bases and operations, and the effects of energy on strategic goals.  According to a recent report from Pike Research, annual spending on renewable energy by the Department of Defense (DOD) will reach $10 billion by 2030.  While a significant portion of this will be spent on Facilities operations, including permanent bases, the majority of the spending will be for Mobility applications including portable soldier power as well as land, air, and sea vehicles.

“The DOD is positioned to become the single most important driver of the cleantech revolution in the United States,” says Pike Research president Clint Wheelock.  “In particular, military investment in renewable energy and related technologies can help bridge the ‘valley of death’ that lies between research & development and full commercialization of these technologies.” Continue reading

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