Sentences with phrase «renewable electricity investment»

Not exact matches

Despite ample wind and sun, some of the highest electricity prices in the country, and the steep cost decline in renewable energy technologies, Puerto Rico has fallen far behind other US regions in renewable energy investment, forming barely 2 percent of its generation mix.
Most of these renewable energy projects come with long - term contracts called power purchase agreements to sell electricity to large utilities, ensuring a solid return on the initial investment.
The project is a social initiative, which has seen the installation of a 250KW Solar PV Array on the roof of Cropper's Burneside mill to generate clean, green electricity, and enables residents — many of whom are also employees — in the parish local to the business» headquarters to benefit from investment in renewable energy.
The white paper on Electricity Market Reform has mapped out a new policy to encourage the billions of investment that we need in all three families of low carbon electricity generation — renewables, nuclear and clean coElectricity Market Reform has mapped out a new policy to encourage the billions of investment that we need in all three families of low carbon electricity generation — renewables, nuclear and clean coelectricity generation — renewables, nuclear and clean coal and gas.
On behalf of Rural Development, I would like to congratulate Fish Creek Cabin Resort on their investment in renewable electricity,» said Jill Harvey, USDA Rural Development NY State Director.
The bill language also proposes changes to the Internal Revenue Service code that would terminate fossil fuel subsidies, extend renewable electricity production tax credits for wind - generated electricity and permanently extend a business energy investment tax credit for solar or wind energy technologies.
This would still require a major investment in new electricity generation from renewable resources, particularly wind power because it is a well - established and relatively cheap technology.
Utility, industry, and petroleum sector cap and trade starting in 2012, plus renewable electricity and energy efficiency standards and clean energy investment
Economy - wide cap and trade, plus renewable electricity and energy efficiency standards and clean energy investment
In addition, rising requirements for renewable energy will shift demand away from coal, reducing investment in this source of electricity.
And it involves investments in renewable energy, which will probably lead to higher electricity prices.
In fact, private investment is pouring into renewable energy — wind and photovoltaic electricity, and biofuels — and all of these technologies are growing rapidly.
But with the very real prospect of electricity replacing oil for much of our transportation fuel, and efficiency and renewables squeezing the traditional utility model hard, it doesn't take divine insight to start seeing that forward - thinking investors would be wise to factor in climate exposure to every investment they make.
In turn, this reduces the investment cost in the supply of electricity required to deliver universal energy access, making off - grid renewable solutions more affordable to households.
Investments that encourage the construction of new renewable resources will cut the demand for fossil fuel - based electricity, reducing air pollution and global warming emissions.
Boosted by major investments under the 2009 Recovery Act, the U.S. has nearly doubled renewable electricity generation from wind, solar, and geothermal energy since 2008.
A fair slice of the $ 2 billion annual return on investment required by investors would be recouped via power bills in the form of Renewable Energy Certificates (RECs): a Federal Tax on all Australian electricity consumers (see our post here)-- which effectively underwrite every wind farm investment.
(2007) • Contribution of Renewables to Energy Security (2007) • Modelling Investment Risks and Uncertainties with Real Options Approach (2007) • Financing Energy Efficient Homes Existing Policy Responses to Financial Barriers (2007) • CO2 Allowance and Electricity Price Interaction - Impact on Industry's Electricity Purchasing Strategies in Europe (2007) • CO2 Capture Ready Plants (2007) • Fuel - Efficient Road Vehicle Non-Engine Components (2007) • Impact of Climate Change Policy Uncertainty on Power Generation Investments (2006) • Raising the Profile of Energy Efficiency in China — Case Study of Standby Power Efficiency (2006) • Barriers to the Diffusion of Solar Thermal Technologies (2006) • Barriers to Technology Diffusion: The Case of Compact Fluorescent Lamps (2006) • Certainty versus Ambition — Economic Efficiency in Mitigating Climate Change (2006) • Sectoral Crediting Mechanisms for Greenhouse Gas Mitigation: Institutional and Operational Issues (2006) • Sectoral Approaches to GHG Mitigation: Scenarios for Integration (2006) • Energy Efficiency in the Refurbishment of High - Rise Residential Buildings (2006) • Can Energy - Efficient Electrical Appliances Be Considered «Environmental Goods»?
But to fully capitalize on the potential of electric vehicles for reducing climate - altering carbon emissions from the transport sector, an analyst recently explained in Issues, new investments are needed in large - scale electricity storage and new public policies are needed to encourage recharging when renewable energy sources are providing the power.
RPS policies apply to 55 percent of total U.S. retail electricity sales (Lawrence Berkeley National Laboratory, 2016) and are largely responsible for driving recent investment in renewable energy generation in New England, New York, the Mid-Atlantic, the Upper Midwest, and along the West Coast.
Thus, we interpret RGGI - induced changes in generation to be a result of the combination of (1) RGGI states» investments in energy efficiency and renewable energy and (2) the effect of CO2 allowance prices on electricity dispatch.
The oversupply of renewable energy certificates has also held electricity retailers back from new investment.
REV is building a cleaner, more resilient and affordable energy system for all New Yorkers by stimulating investment in clean technologies like solar, wind, and energy efficiency and generating 50 percent of the state's electricity needs from renewable energy by 2030.
REV is building a cleaner, more resilient and affordable energy system for all New Yorkers by stimulating investment in clean technologies like solar, wind, and energy efficiency and requiring 50 percent of the state's electricity needs to be generated from renewable energy by 2030.
Electricity markets are undergoing massive transformation, as the push for low - carbon power generation shifts the industry towards high investment in renewables and other new technologies even as demand stagnates or declines in many countries.
Subtitle B: Disposition of Allowances -(Sec. 321) Amends the CAA to set forth provisions governing the disposition of emission allowances, including specifying allocations: (1) for supplemental emissions reductions from reduced deforestation; (2) for the benefit of electricity, natural gas, and / or home heating oil and propane consumers; (3) for auction, with proceeds for the benefit of low income consumers and worker investment; (4) to energy - intensive, trade - exposed industries; (5) for the deployment of carbon capture and sequestration technology; (6) to invest in energy efficiency and renewable energy; (7) to be distributed to Energy Innovation Hubs and advanced energy research; (8) to invest in the development and deployment of clean vehicles; (9) to domestic petroleum refineries and small business refiners; (10) for domestic and international adaptation; (11) for domestic wildlife and natural resource adaptation; and (12) for international clean technology deployment.
As we work towards this and our 100 % renewable electricity goal, we have made a number of investments in renewable power.
«Our positive progress in moving towards our goals has enabled us to demonstrate the business case for investment in energy efficiency and renewable electricity generation to stakeholders across the building sector.
The Tunisian Solar Plan, originally formulated in 2012 and revised in 2015, is Tunisia's official long - term plan for attracting renewable energy investment in the electricity sector.
CEIP seeks to reward early investments in renewable energy and energy ef ciency measures that generate carbon - free electricity or reduce end - use energy demand during 2020 and / or 2021.
All NY Green Bank's investments and activities support the Governor's Clean Energy Standard, which requires that 50 percent of the State's electricity come from renewable sources by 2030.
Global investments in new electricity capacity from renewable sources have exceeded those in fossil fuel sources for the past seven years, and the gap is growing.
Hitting GOP hot button issues, Reichert noted that the PTC allows the renewables to «leverage private investment» in «proven energy projects» to spur growth and create jobs while increasing domestic manufacturing, lowering «electricity costs for businesses and families» and «reducing our reliance on foreign energy resources controlled by hostile nations.»
This includes both the value of electricity generated by the solar panel system over its lifespan and the 30 % federal investment tax credit and other applicable rebates and incentives like solar renewable energy certificates (SRECs).
Usual investment criteria may not deliver the super low - cost, clean, renewable energy soon enough to avoid the worst effects of climate change,» said Dr. Larry Brilliant, Executive Director of Google.org, Google's philanthropic arm, «Google.org's hope is that by funding research on promising technologies, investing in promising new companies, and doing a lot of R&D ourselves, we may help spark a green electricity revolution that will deliver breakthrough technologies priced lower than coal.»
Proponents of the RPS plans say that the mandated restrictions will reduce harmful emissions and spur job growth, by stimulating investment in green technologies.Motivated by a desire to reduce carbon emissions, and in the absence of federal action to do so, 29 states (and the District of Columbia and Puerto Rico) have required utility companies to deliver specified minimum amounts of electricity from «renewable» sources, including wind and solar power.
But the dollar investment in renewables fell by 14 percent from 2012, matching a decline in investment for all types of new electricity generating plants, perhaps as a result of slowing economic growth in some major economies.
The Alberta government recently announced that it will support the installation of 5,000 MW of renewable energy as it works to meet its goal of 30 per cent renewable electricity by 2030, a plan expected to attract at least $ 10.5 billion in new investment and create a minimum of 7,200 new jobs.
Once you make the initial investment in renewable, the electricity you make is free.»
• Put a stop to all financing of new fossil - fired electricity in Africa, steering investment into «renewables»?
In the final scenario, for the same level of expenditure, investment in HELE would achieve a similar level of CO2 emissions reduction to the deployment of renewables in Europe, while generating up to three times more electricity.
Reforming the Energy Vision is building a cleaner, more resilient and affordable energy system for all New Yorkers by stimulating investment in clean technologies like solar, wind, and energy efficiency and generating 50 percent of the state's electricity needs from renewable energy by 2030.
This investment in additional large - scale clean energy supplies will expand NYPA's leadership role as the State's largest supplier of renewable electricity.
For the avoidance of doubt, Gross Revenues shall (A) exclude monies received from any source other than the sale of electric energy and capacity, including, without limitation, any of the following: (i) any federal, state, county or local tax benefits, grants or credits or allowances related to, derived from, or granted to the Wind Energy Project or Grantee, including, but not limited to, investment or production tax credits, or property or sales tax exemptions, (ii) proceeds from financing activities, sales, assignments, partial assignments, contracts (other than the power purchase agreement) or other dispositions of or related to the Wind Energy Project (such as damages for breach of contract or liquidated damages for delays in project completion or failures in equipment performance), (iii) amounts received as reimbursements or compensation for wheeling costs or other electricity transmission or delivery costs, and (iv) any proceeds received by Grantee as a result of damage or casualty to the Wind Energy Project, or any portion thereof and (B) include any revenues derived from Grantee's sale of carbon dioxide trading credits, renewable energy credits or certificates, emissions reduction credits, emissions allowances, green tags, tradable renewable credits, or Green - e ® products, any of which are allocated to Grantee, if applicable, through its participation in any voluntary registry, association or market - based exchange.
Weatherill said that South Australia is moving ahead to a clean energy future regardless of Turnbull's plan, arguing that investments in renewables have helped lower wholesale electricity prices in his state already.
The investment and partnership with Nuvve is part of EDF Renewables» strategic growth in the distributed electricity and storage market.
REV is building a cleaner, more resilient and affordable energy system for all New Yorkers by stimulating investment in clean technologies like solar, wind, and energy efficiency and requiring 50 percent of the state's electricity needs from renewable energy by 2030.
REV is building a cleaner, more resilient and affordable energy system for all New Yorkers by stimulating investment in clean technologies like solar, wind, and energy efficiency and requiring 50 percent of the state's electricity needs be generated from renewable energy by 2030.
They said that the subsidies come at the expense of city dwellers without solar - ready roofs, low - income electricity consumers, and investments in other forms of renewable energy.
[24] Large - scale investment in renewables will push down electricity prices.
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