Obama Administration Approves New Renewable Energy Projects

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In a June press release issued by the U.S. Department of the Interior, new Interior Secretary Sally Jewel announced the Obama administration’s latest steps in its “all-of-the-above” energy strategy. The release announced the approval of three renewable energy projects and a crucial first step in development of the massive potential of U.S. offshore wind power.

The Department of Energy (DOE) generally funds development of new renewable energy technologies. However, the Department of the Interior (DOI) may be a significantly bigger player in the expansion of renewable energy production by opening the country’s public lands and coastal waters to competitive proposals for responsible domestic energy production. In fact, since 2009, the DOI has approved a combined 45 utility-scale solar facilities, wind farms and geothermal plants that will ultimately provide enough electricity to power 4.4 million homes.

These latest DOI approvals include solar farms located in Arizona and Nevada and a geothermal power plant in Nevada. The solar energy projects are Boulder Solar Power’s Midland Solar Project and SolarReserve’s Quartzsite Solar Project. TerraGen Power will build the New York Canyon Geothermal project.

Midland Solar Project

Proposed by Boulder Solar Power, LLC, the Midland Solar Project will be built on private land southwest of Boulder City, Arizona. However, electricity from the 350-megawatt photovoltaic facility will pass across a 76-acre corridor of federal land. The project will energize about 105,000 homes. In addition, the local economy will benefit from a peak work force of 350 and 10 permanent positions.

Close cooperation between the Bureau of Land Management (BLM), the U.S. Fish and Wildlife Service, the Nevada Department of Wildlife and Boulder Solar Power allowed inclusion of conservation measures to avoid or minimize environmental impact. For example, less than 7 acres of native habitat will be affected by infrastructure. Water will come from existing Boulder City supplies, leaving surface waters undisturbed.

Quartzsite Solar Project

Quartzsite Solar Energy, LLC – a subsidiary of SolarReserve, LLC – proposed this 100-megawatt project to be located on 1,600 acres of BLM lands about 10 miles north of Quartzsite, Arizona. The Quartzsite Solar Project will employ SolarReserve’s non-photovoltaic, solar power concentrating technology combined with thermal energy storage technology.

In this technology, the sun’s thermal energy from the solar field is collected and concentrated with heliostats – a collection of mirrors – directed toward a 653-foot central tower. Liquid molten salt captures and stores this energy to generate steam that will drive traditional steam turbine generators. A peak work force of 450 and 47 permanent positions will be generated. Plant output should power about 30,000 homes.

New York Canyon Geothermal Project

To be constructed 25 miles east of Lovelock, Nevada, the New York Canyon Geothermal Plant and transmission lines will cover over 15,000 acres of BLM-managed land. TGP Dixie Development Company, LLC – a subsidiary of TerraGen Power, LLC – will build the 70-megawatt project. Construction will require about 150 peak construction jobs and 16 operational positions. The power will supply about 60,000 homes. Environmental impact will be minimal, and no endangered or threatened species will be affected.

Offshore Wind Projects

Secretary Jewel has announced the first project proposals for offshore wind leases of coastal U.S. waters. The first-ever competition will involve 164,750 acres along Rhode Island and Massachusetts. The Bureau of Ocean Energy Management (BOEM) has approved nine companies to submit proposals. Winners will have the right to develop the nation’s first offshore wind farms. Although, wind power energy development will probably take longer to reach fruition, the potential impact could be enormous with a potential 3.4 GW of wind energy available to power one million homes.

Original article:

http://www.greenerideal.com/politics/0617-obama-administration-approves-new-renewable-energy-projects/

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Capital Crown Eco Management Renewable Energy Fraud Watch

Making Green Energy Profitable: The Boom In Distributed Renewable Energy

This is a guest post written by Nick Blitterswyk, founder and CEO of Urban Green Energy (UGE).

The distributed renewable energy (DRE) industry has gone through significant changes in the last five years, as the industry grew from a cottage industry to one with worldwide revenues of $100 billion and rising.  The market has come back down to earth from the highs of 2005 to 2009, when investors’ bets on technology companies and manufacturers went sour as supply outstripped demand.  As the latter continued to grow, profitable business models and clear leaders have emerged, and along have come opportunities. Successful IPO’s have countered a lackluster clean tech investment environment, showing that there is success to be had for companies with a winning formula.

SolarCity  is one stellar example: they took a pretty simple piece of technology, rooftop solar panels, and became the leading solar installer in the U.S. by revolutionizing the financial vehicles that allow customers to receive a system with no money down, at less cost than their current electricity rate, and without having to go through all the paperwork necessary to monetize government incentives.  Financing provided by SolarCity is much more than a revenue growth accelerator, it’s at the core of the business model itself.  By focusing only on states that offer adequate government incentives, a relatively small market when compared to the global potential of clean tech, SolarCity has seen its sales, and stock, succeed.  Shares in SolarCity are up more than 200% since their IPO in late-2012.  Delving beyond their annual revenues, SolarCity has surpassed $1 billion in solar energy systems deployed last year.

At the opposite end of the spectrum we see companies with a strong technology background that failed to figure out an adequate business model.  Take Southwest Windpower, a GE-backed distributed wind turbine manufacturer, once tipped to be the next big thing in renewable energy.  While their technology was second to none, their focus on wind turbine supply, rather than on solving their customers’ problems, led to disappointing growth.

Another example is solar manufacturer SunTech, which recently defaulted on its debt obligations.  SunTech’s management focused exclusively on their product, pushing to lower costs and finding itself engaged in a battle with competitors that ultimately eroded profit margins.  Throughout the renewable energy world, several manufacturers have made the mistake of waiting for customers, a fatal decision in the face of commoditization and over-supplied markets.

Companies like New York-based UGE merge technology with a customer-focused business model.  In order to reach scale, UGE focuses on specific market opportunities by looking for technological challenges and high barriers to entry.  A specific example are telecom towers in developing countries, where users are most in need of cheaper and more secure energy.

We oft hear of the penetration rate of cell phones in emerging markets, but what we don’t hear about is the enormous challenge involved in powering the towers that support those phones in countries where the grid is unreliable and, in many places, unavailable.  In many cases, these towers are powered by diesel at a very high cost.  UGE has taken a leadership position in powering towers with its technology, using off-grid wind turbines and solar energy storage. Clients include Carlos Slim’s America Movil; while most of these sites are in developing countries, the company also works with Verizon  in the U.S. for some of its remote sites.

UGE’s technology goes beyond remote telecommunication sites.  The same hybrid technology platform that delivers cost savings to telecom companies is also being used by multinationals such as Hilton and BMW to lower costs and become more sustainable.  Similarly, with financial firms like TD and Citibank vying for the title of “greenest” bank, wind turbines and solar energy storage systems are being used to protect bank branches against power outages with the added benefit of assisting their sustainability efforts.  UGE has achieved this by matching its technology to its business model, designing products like the Sanya Skypump EV charging station jointly with GE.

Altogether, DRE can no longer be looked at as a small industry.  Counting with greater energy choices is sure to create ripples that will alter the way utilities like Consolidated Edison and Duke Energy operate.  With onsite energy, companies are now able to choose where their energy comes from, and by incorporating onsite storage those same companies can choose when to draw that energy as well.  Certainly some forward-looking energy companies, such as Total  and NRG Energy, have jumped at the chance to expand their business and have invested in or purchased companies operating in the space.  Though the dust has started to settle and the winners of the clean tech boom that ended the last decade are becoming visible, the effects of increased usage of renewable energy on a distributed scale will play out with more significant results in the years to come.

Original article:

http://www.luuux.com/community/capital-crown-eco-management-renewable-energy-fraud-watch

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