New Report Details Global Hydropower Markets

Joanna Schroeder

Global opportunities for hydropower are reviewed and analyzed in a new report, “The Hydropower Market 2011-2012,” by Visiongain. According to the report, the global hydropower market, as defined by spending on new hydropower projects as well as spending on upgrades and expansions, to be worth $56.61 billion in 2011. Today, hydropower currently contributes nearly one-sixth of all worldwide electricity, but …

Electricity, Energy, Hydro

Spain’s First Wave Power Plant Goes Online

Joanna Schroeder

Spain’s first wave power plant has gone into production in the Basque seaport of Mutriku, located between Bilbao and San Sebastian. The Mutriku wave power plant, consisting of 16 units, will generate an estimated 300 kilowatts in power, enough electricity to supply 250 homes. Utility Ente Vasco de la Energia (EVE) inaugurated the wave power plant today in a special …

Electricity, Energy, Hydro

Renewable Energy Production Surpasses Nuclear

Joanna Schroeder

Renewable energy production has surpassed nuclear energy production in the U.S. according to the latest issue of Monthly Energy Review published by the Energy Information Administration. Production of alternative energy is also beginning to close in on domestic oil production. During the first three months of 2011, energy produced from renewable energy sources (biomass/biofuels, geothermal, solar, hydro, wind) generated 2.245 …

biofuels, biomass, Electricity, Geothermal, Hydro, Solar, Wind

IPPC Releases Renewable Energy Report

Joanna Schroeder

The Intergovernmental Panel on Climate Change (IPCC) has released a paper on the potential of renewable energy and its impacts on reducing greenhouse gas emissions that are believed to contribute to global climate change. The report found that close to 80 percent of the world’s energy supply could be met by renewables by mid-century if supported by the right policies. …

biofuels, Geothermal, global warming, Hydro, Solar, Wind

United Sport Unveils Solar & Hydro Projects

Joanna Schroeder

United Sports, a multi-sport facility located in the Northeast, has announced they are partnering with Mercury Solar Systems, Sage Energy and Exelon Corporation to install an expansive solar energy and hydro power project. On hand for the project unveiling was Congress Jim Gerlach (PA 6th District) along with executives and employees from United Sports. The 207kW solar energy system consists …

Electricity, Energy, Hydro, Solar

Energy Use Down, But Biofuels, Wind, Solar & Hydro Up

John Davis

A new report from the feds says, due to the recession, overall energy consumption in the U.S. dropped in 2009. However, renewable energy … biodiesel, ethanol, wind, solar and hydro power … use during that same period actually increased. This report from the U.S. Energy Information Administration shows that overall energy consumption in 2009 dropped by 4.8 percent, the second …

Biodiesel, biofuels, Ethanol, Ethanol News, Government, Hydro, News, Solar, Wind

EPA Names DC Leading Green Power City

Joanna Schroeder

The Environmental Protection Agency (EPA) has named Washington D.C. as the leading EPA Green Power Community. Combined, government, businesses, institutions, and residents in the nation’s capital are collectively purchasing nearly 756 million kilowatt-hours (kWh) of green power each year. This is enough to meet 8 percent of the city’s total electricity use. All voluntary, this feat catapulted the city into …

biogas, biomass, Electricity, Energy, Environment, Geothermal, Hydro, Solar, Wind

2 Energy Companies Team Up to Form Alterra Power

Joanna Schroeder

Canada is now the home to a giant renewable energy company. Vancouver-based Magma Energy, a geothermal company, has purchased wind, solar and hydro energy company Plutonic Power, also based in Vancouver, to form Alterra Power Corp. The deal is worth around $190 million but when the two companies are combined, their net worth is estimated to be worth $575 million. …

Electricity, Energy, Geothermal, Hydro, Solar, Wind