Renewable Energy Update - December 1, 2011

In This Issue:

States pass Feds in encouraging renewable energy; RENEWABLE ENERGY FOCUS - U.S. clean energy needs private funding as stimulus wanes, report finds; Governors urge prompt extension of wind energy tax credit; Energy experts: San Francisco may not be as green as advertised; Report looks at public support for climate & energy policies in November 2011; Edison discusses new energy transmission projects; U.S. has large geothermal resources, but recent growth is slower than wind or solar; Nevada to assess market for renewable energy with potential delivery to California; EPA approves hybrid gas, solar power plant project in California; UC Davis wind experts advise on revolutionary wind-powered skyscraper; KB Home widens solar power offering in Southern California; SPG Solar installs pair of PV power systems in San Diego, Napa; NOTABLE RENEWABLE ENERGY PROJECTS AND DEALS - NRG Energy acquires San Francisco's Solar Power Partners; California's Sungevity takes stake in Dutch solar startup; and SunPower, Mission College announce 1.1MW solar power system.

Excerpt from:

States pass Feds in encouraging renewable energy

AOL Energy - Nov 22

State-based targets for green electricity generation have been so successful in developing renewable energy projects that any current proposals for a federal clean energy standard could require little or no additional capacity, according to scientist Ryan Wiser of Lawrence Berkeley National Laboratory. He said that recent data showed that any proposed federal RPS would require fewer additions than were seen in 2008 to 2010 to meet state-based Renewable Portfolio Standards targets. Recent renewable capacity additions in 2008 and 2010 had been growing at 6GW to 11GW a year. Projections for 2011 to 2025 to meet state RPS targets would only require an additional annual average of 4GW to 5GW of renewable capacity.

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Published In: Administrative Agency Updates, Energy & Utilities Updates, Environmental Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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