By Zachary Shahan •
December 12, 2009
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.
By Zachary Shahan •
November 27, 2009
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.
By Dave Harcourt •
November 25, 2009
A renewed effort at increasing the uptake of domestic solar water heater (SWH) systems looks to replace 620 MW of electricity, to reduce carbon emissions by 2,7 million tons carbon dioxide and create jobs and develop skills and manufacturing capacity.
Personal Experience
After recently having a domestic hot water geyser fail and investigating the potential of replacing it with a solar unit, I definitely saw the need for something different to advance the penetration of solar water heating in South Africa. While replacing my electric geyser costs R 5,500, an equivalent solar installation costs around R 25,000. Eskom, the state electricity generator, provides a subsidy of around R 3,000 and indicates a payback period is 5 to 8 years.
By Susan Kraemer •
June 25, 2009
Move — to Louisiana:
According to SolarPowerRocks! Louisiana has a state tax credit of 50% for solar roof installations, the most generous state subsidy for solar — Combined with the 30% Federal tax credit for solar that we all get now; (you knew about that, right?) so in Louisiana you can put a solar roof up, paying only [...]
By Lisa Wojnovich •
April 30, 2009
When we start talking about fossil fuels, most of us immediately think of coal, oil, and natural gas. But in the developing world where many people have little to no access to electricity — or even in places that do but have regular issues with outages — these are all secondary to kerosene.
By Adam Bowman •
March 27, 2008
As I start to stockpile bourbon (it’s made from at least 50% corn) as an investment strategy, I wonder why we are doing this to ourselves.
You practically can’t read a newspaper or news magazine without someone condemning the use of corn as an alternative fuel source these days. And who wouldn’t. The ethanol boom has driven the price of corn up, which in turn makes everything that uses corn go up in price. Corn is in a lot of products.
Why are we investing so much in corn-based fuel?
I think the answer is fear. Fear of rising oil prices. Fear of global warming. Fear of our dependency on foreign oil.
Are biofuel mandates and tax credits such a good idea? It may be wise to learn from the EU’s experience…
After passage of the new Renewable Fuel Standard (RFS) late last year (see earlier post), which mandates production of 15 billion gallons of corn-grain ethanol by by 2015, many of us are left contemplating the vast implications for US industry, not to mention commodity prices, auto manufacturing, and the greater course of biofuel research and development.
Rewind to 2003, when the European Union (EU) passed a biofuel directive requiring 5.75% of transport energy to come from biofuels by 2010, increasing to 20% by 2020. When paired with tax credits for biodiesel production, business boomed, at least for a while:
Mirroring the U.S. experience with ethanol, European companies rushed to make biodiesel out of a range of things, including rapeseed crops and used McDonald’s frying oil. Low raw-material costs and generous tax breaks meant margins were high. By last year, Europe’s annual capacity to make the fuel had climbed to 10 million metric tons from two million tons in 2003.
As with ethanol in the U.S., though, Europe now has a glut of biodiesel. The world consumed only nine million tons of biodiesel last year. Europe’s producers found buyers for just five million tons. The industry is in trouble, under pressure from soaring costs, disappearing tax breaks, less-costly imports and waning public support.
By Heidi Strebel •
October 8, 2007
Heave ho and the horn blows. It’s departure time for another container ship. Port of embarkation: Savannah, Georgia. Destination: Adana, Turkey. About 25 of the containers on this ship are filled with Georgian cotton. Despite the enduring cotton crisis in America, half a million tons of the fiber pass through the port of Savannah each year, representing some 500 million dollars in exports that are shipped to countries around the world, including China, Pakistan
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