Category Archives: Emissions Trading

Coal Plant Decommissioning Services Revenue Will Total $5.3 Billion From 2013 to 2020

Driven by tightening environmental regulations, competition from natural gas plants, and public pressure for cleaner sources of electricity, utilities will retire record numbers of aging coal plants between 2013 and 2020.  The coming wave of retirements offers significant opportunities to the companies that will carry out the decommissioning processes.  According to a new report from Navigant Research, worldwide revenue from coal plant decommissioning services will total $5.3 billion from 2013 to 2020.

“Utilities and other plant owners face a series of complex decisions in retiring aging coal plants,” says Richard Martin, editorial director with Navigant Research.  “Developing a strategic plan, in consultation with a company that has experience in these major plant decommissioning projects, will be a critical element of the process of retiring these facilities and remediating the associated environmental issues.” Continue reading

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Nevada Co-op Becomes First Out-of-State Utility to Join California Grid

FOLSOM, Calif.–()–The California Independent System Operator Corporation (ISO) welcomed Valley Electric Association, Inc. (VEA) as the newest transmission owner to join the California grid as a participating member. The Pahrump, Nevada, electric cooperative and its wholly owned subsidiary, Valley Electric Transmission Association, LLC, serve more than 20,639 meters across a 6,849 square mile service territory in southwestern Nevada along the California-Nevada border. VEA also serves parts of Mono and Inyo counties in California.

The new cross-state partnership highlights the value of regional collaboration in greening the grid, creating jobs and benefiting ratepayers across the region. VEA and the ISO can share efficiencies and be the conduit for cost-effective renewable resources. This win-win relationship also adds competition and liquidity to our energy markets. Continue reading

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Dioxide Materials Awarded $4 Million to Advance CO2 Recycling Technology

CHAMPAIGN, Ill.–(BUSINESS WIRE)–Dioxide Materials has been awarded $4 million by the U.S. Department of Energy’s Advanced Research Projects Agency – Energy (ARPA-E). The award will advance further research into Dioxide Materials’ technology that will produce transportation fuels and industrial chemicals electrochemically from carbon dioxide emitted by power plants. Dioxide is collaborating on the project with 3M (NYSE:MMM), a subrecipient of the ARPA-E award.

Although electrochemical recycling of carbon dioxide is not a new technology, Dioxide Materials has patented a catalyst that makes carbon dioxide recycling energy efficient for the first time ever, using three times less electricity. The technology’s scientific principles have been demonstrated, but the risks need to be lowered before the technology can attract the funding needed to move into the marketplace. ARPA-E funding will allow Dioxide Materials to create the first industrially relevant prototype and lower the risks so that substantial development funding can be obtained. Continue reading

Posted in BusinessWire, Carbon Capture and Storage, Carbon Management, Climate Change, Emissions Trading, Energy Management, Environment, Pollution, Sustainability News, Technology | Tagged , , , | Leave a comment

GE, Clean Energy Fuels Partner to Expand Natural Gas Highway

(3BLMedia) GE, Clean Energy Fuels Partner to Expand ‘Natural Gas Highway’
GE and Clean Energy Fuels announced a collaboration to expand the infrastructure for natural gas transportation in the United States.

The agreement supports Clean Energy’s efforts in developing America’s Natural Gas Highway, a fueling network that will enable trucks to operate on liquefied natural gas coast to coast and border to border.

Clean Energy Fuels will initially purchase two ecomagination-qualified MicroLNG plants from GE Oil & Gas. The plug-and-play modular units, which are designed to rapidly liquefy natural gas while minimizing a site’s physical footprint, will support fueling stations along critical transportation corridors that run across the U.S.

GE Energy Financial Services is providing up to $200 million in financing for the two GE MicroLNG plants. Continue reading

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Energy Vision Publishes New Report Documenting Renewable Natural Gas as the Solution to a Major U.S. Transportation Challenge

NEW YORK–(BUSINESS WIRE)–A newly released publication, Renewable Natural Gas (RNG): The Solution to a Major Transportation Challenge, reports that the use of renewable natural gas as a vehicle fuel is a technologically viable alternative to relying exclusively on petroleum-based fuels for transportation. The new publication was prepared by Energy Vision, a noted, national, New York-based energy research organization, and CALSTART, a California-based leader in clean transportation technologies.

“Today we can turn this country’s expensive organic waste burden into a clean vehicle fuel solution,” said Energy Vision President Joanna Underwood. “Waste biogases can also be used to generate power and heat homes; but other renewable energy sources can meet those needs. Fossil-based and renewable natural gas used as vehicle fuels are the only options for displacing significant amounts of oil. By aggressively embracing this strategy as part of an overall energy plan, the new Obama Administration and the 113th Congress can achieve measurable progress in moving toward this country’s key clean air, climate change, energy, national security, economic and job creation goals. For many reasons, RNG is just what the doctor ordered.” Continue reading

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Almost 23 Million Autogas Vehicles Will be Operating on Roads Worldwide by 2020

BOULDER, Colo.–(BUSINESS WIRE)–As a vehicle fuel, liquefied petroleum gas (LPG), commonly known as propane or autogas, has some powerful positive characteristics. It is relatively clean burning, easy to store and transport, has high energy content, and is widely available in many countries. The cost per gallon of autogas is significantly lower than gasoline or diesel in many countries, but increasing interest in natural gas as a vehicle fuel is likely to constrain future growth in the autogas market. Nevertheless, according to a new report from Pike Research, a part of Navigant’s Energy Practice, the number of autogas vehicles will rise steadily through the remainder of this decade. By 2020, the study concludes, there will be 22.6 million autogas vehicles on roads worldwide.

“The autogas market is caught in a classic chicken and egg scenario,” says senior research analyst David Alexander. “As with any fuel, availability is the key to market growth. Unfortunately, fuel suppliers have taken the view that no need exists to grow the infrastructure if not that many vehicles are equipped to use the fuel. Some form of incentive will be needed to kick-start growth if autogas is going to advance.” Continue reading

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Building Integrated Photovoltaics Market Revenue to Quadruple to $2.4 Billion by 2017

Despite the difficult market environment for the solar industry as a whole, the opportunity for building integrated photovoltaics (BIPV) looks extremely promising.  Until recently, aesthetic and performance concerns limited the ability of architects to use BIPV technology in their building designs, but this is changing as energy-efficient, flexible, and transparent solar materials become available.  According to a new report from Pike Research, a part of Navigant’s Energy Practice, the worldwide market for BIPV and building applied photovoltaics (BAPV) will quadruple over the next five years, growing from $606 million in 2012 to more than $2.4 billion in 2017.

Under a more aggressive forecast scenario, the worldwide BIPV market could reach $3.7 billion in 2017, the study concludes. Continue reading

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New Clean Vehicle Fuel Standards Will Grow Jobs and Clean up Our Environment

PITTSBURGH–(BUSINESS WIRE)–Citizens for Pennsylvania’s Future (PennFuture) welcomed the new clean vehicle standards announced by the Obama administration today. The new standards, which will take effect in two stages, will nearly double the average fuel efficiency – reaching 54.5 mpg for cars and light-duty trucks by Model Year 2025. The Union of Concerned Scientists estimates the rules will save 1.5 million barrels of oil a day, or about 23 billion gallons of gasoline annually by 2030, and trim global warming carbon dioxide emissions by 280 million tons.

“These new standards will grow jobs, protect the public health, clean up our environment, and make our nation more secure,” said George Jugovic Jr., PennFuture’s president and CEO. “These standards will also help put the brakes on rising gas prices by cutting the cost of gas by $1 a gallon by the year 2025.

“This plan will reduce unhealthy air pollution, improve public health and help curb climate change,” said Jugovic. “These new standards will also spur technology and innovation, making the U.S. a leader in fuel efficiency. Continue reading

Posted in Alternative Energy, Business, Business Transportation, BusinessWire, Carbon Management, CSR, Emissions Trading, Energy, Energy Management, Environment, Fuel Cells, Goods, Services & Product Design, Green Business, Sustainability News | Tagged , , , , , , , , , | Leave a comment
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