Green Options

Wave energy seems to be Scotland’s lottery number. Scotland-based energy developer Pelamis just signed a joint venture agreement with the European energy giant Vattenfall for a large, almost $100 million energy project off Scotland’s Shetland Islands. This follows the recent launch of Oyster, reportedly the largest working hydro-electric wave energy device in the world, by the Scottish government and partners.

This new project by Pelamis and Vattenfall is being named Aegir, named after a Norse mythological sea god. It is Scotland’s largest wave power scheme.

A new comprehensive study of the PV market in each US state and the US as a whole comes to some interesting and hopeful conclusions. One finding is that the US might surpass Germany as the leading PV market in the world within the next few years.

The report finds that, over the next four years, the US PV market will see growth in demand increase more than any other nation. The research company, Greentech Media (GTM) Research, expects an annual growth of about 48% (on average) in the base case scenario, totalling 1,515 MW in 2012.

In an “upside” economic scenario, the US will reach 2,022 MW in 2012 and pass up Spain and possibly Germany to become the leading PV market in the world.

A new comprehensive study — The Impact of Wind Power Projects on Residential Property Values in the United States: A Multi-Site Hedonic Analysis — conclusively shows that property values are not harmed by wind turbines and wind power facilities.

The study, conducted by Lawrence Berkely National Laboratory shows that neither views of wind facilities nor proximity to wind facilities have any significant effect on property values.

The study examined “7,500 sales of single-family homes situated within 10 miles of 24 existing wind facilities in nine different U.S. states.”

A new initiative by New York City, the Natural Resources Defense Council (NRDC) and the Alliance for Clean Energy New York (ACENY) is making it possible for residents of New York to buy Renewable Energy Certificates (RECs) through three easy steps on a simple, new website. The website is called Green Power NYC.

The program is starting off fairly limited, but is clearly helpful to consumers and the environment and is looking to grow.

New research by leading alternative energy research firm New Energy Finance finds that solar power will cost less by about 50% at the end of 2009 compared to the end of 2008.

The costs are pre-subsidy, so they could be much lower if you take better government subsidies into account.

But it isn’t only solar that’s down in cost. It’s other renewable energy sources, too.

News from South Korea is that scientists have succeeded in creating plastic without the use of fossil fuels.

The scientists created sustainable polymers used in common plastics that could replace traditional polymers that use chemicals from fossil fuels. The bioengineered polymers may be what is needed to create truly green-friendly plastic products.

Candy giant MARS, parent company of M&M’S®, DOVE®, MILKY WAY®, SNICKERS®, 3 MUSKETEERS®, and TWIX®, turned on a huge new solar array (a “solar garden”) at its headquarters in New Jersey today. No matter what you think of candy food like this, it is good to see such a company going solar. Popular with millions, billions perhaps, and about as mainstream as you can imagine, this is a good step for solar’s more widespread use across the country.

This facility is PSEG Solar Source’s first large-scale solar project. It is one of the largest solar projects in the state of New Jersey, which is already 2nd only to California in its amount of installed solar capacity. The MARS headquarters adjacent to the solar garden is the workplace of about 1,200 employees and is where M&M’S® Brand Chocolate Candies are manufactured.

A couple weeks ago, I wrote about China’s new policy to focus on buying (almost entirely) “China-grown” wind turbines and wind turbine technologies with Chinese patents. That policy wasn’t a big hit internationally and China is back-tracking.

However, is it changing its stance out of international moral pressure or a major financial incentive (recent deal) in the US? And who is to benefit the most from this shift?

The huge project to build a $555 billion renewable energy “belt” in the Middle East and North Africa (MENA) region, funded largely by German companies, moved another step forward a few days ago.

The articles of association for the DESERTEC Industrial Initiative (DII) were signed by the joint venture group of 12 companies and the DESERTEC Foundation in Munich on October 30.

Additionally, a CEO for DII was appointed — Paul van Son.

Earlier this month, Governor Schwarzenegger signed legislation to buy solar power from relatively small private generators for rates above market value. Hawaii is next in line with this European-style tariff — the Hawaii Public Utilities Commission and Governor Lingle just recently set a similar initiative for Hawaii.

Hawaii’s initiative will make it possible for homeowners and businesses to sell power they generate from small to medium-scale renewable energy projects (i.e. solar panels) to Hawaii’s main power producers at higher than market-value rates.

Obama discussed a big project long overdo and sorely needed today — modernizing the US electric grid. But it is more than discussion. $3.4 billion in Recovery Act funding is going towards this new project.

This is the most money ever awarded for clean energy in a single day from the American Recovery and Reinvestment Act!

Obama spoke at the opening of the Florida Power and Light’s (FPL) DeSoto Next Generation Solar Energy Center (the nation’s largest PV electricity center) to announce and discuss the various benefits of this project.