Green Energy
Article published on http://www.solarserver.com/solar-magazine/solar-news on June, 25th 2013
US President Barack Obama will direct the Environmental Protection Agency (EPA) to create new carbon pollution standards for existing power plants, according to an action plan released by his administration on June 25th, 2013.
The President will make this announcement in a speech at 1:30 PM at Georgetown University in Washington DC. “The President's Climate Action Plan” also includes a plan to permit 10 GW of new renewable energy projects on federal lands by 2020, as well as deploying 3 GW of renewable energy on military installations by 2025.
CO2 limits will benefit multiple technologies
In March 2012 the US EPA proposed a limit for carbon dioxide emissions from new power plants, however the 450 kg/MWh limit would still allow new combined-cycle natural gas generation and coal-fired generation with carbon capture and storage.
Limits on emissions for both new and existing power plants will create space for lower-carbon technologies, including renewable energy but also nuclear power and natural gas generation.
The Union of Concerned Scientists (UCS) has noted that while power plant carbon standards are important, additional policies will be necessary to achieve the President's stated emissions goals.
“In 2009, President Obama committed to reduce U.S. emissions 17 percent below 2005 levels by 2020,” notes UCS Strategy and Policy Director Alden Meyer. “The president can meet that goal, and if he uses every tool at his disposal, he can exceed it.”
“Power plant carbon standards will be job one and he’ll need to make sure they’re finalized well before his administration ends. He’ll also need to use additional policies to maximize emissions reductions from the electricity sector and build on his success with reducing oil use and emissions in the transportation sector.”
The plan also notes that US President Obama's FY 2014 budget includes a proposal to expand federal funding for “clean energy” research, development and deployment across all federal agencies to USD 7.9 billion.
However, the budget requires approval by both houses of the US Congress, so unlike EPA action this is not something that President Obama can accomplish solely through his administration.
Also, the definition of “clean energy” could be problematic for environmentalists and renewable energy advocates. The plan also proposes to extend the US Department of Energy's loan guarantee program provide USD 8 billion in loans for “advanced fossil energy projects”.
The plan notes that President Obama signed a new memorandum to direct federal agencies to streamline the siting, permitting and review process for transmission projects across federal, state and tribal governments.
Finally, the plan includes a goal to install 100 MW of new renewable energy on federally subsidized housing stock by 2020.
Find more information about our floating PV technology on our website
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What is Carbon Trading? Carbon trading is the practice of reducing overall emissions of carbon dioxide, along with other greenhouse gases, by providing a regulatory and economic incentive. Indeed the term “carbon trading” is a quite misleading,...
- December 17th Asia Report - Mixed Signal Over Emissions
New Hampshire, U.S.A. — Even as renewable capacity surges ahead despite a down global economy, this past weekend brought a sobering reminder that market forces continue to pull the world toward carbon emissions — and not away from them.At the annual...
- Bnef: Pv Will Be Cheaper Than Fossil Fuels In Australia By 2020
Article published on www.pv-magazine.com on February, 8th 2013 Bloomberg New Energy Finance (BNEF) forecasts that large-scale photovoltaic systems will supply energy cheaper than coal and gas by 2020 in Australia. Already, it states, wind farms...
Green Energy
Obama's climate plan includes CO2 standards for existing power plants
Article published on http://www.solarserver.com/solar-magazine/solar-news on June, 25th 2013
US President Barack Obama will direct the Environmental Protection Agency (EPA) to create new carbon pollution standards for existing power plants, according to an action plan released by his administration on June 25th, 2013.The President will make this announcement in a speech at 1:30 PM at Georgetown University in Washington DC. “The President's Climate Action Plan” also includes a plan to permit 10 GW of new renewable energy projects on federal lands by 2020, as well as deploying 3 GW of renewable energy on military installations by 2025.
CO2 limits will benefit multiple technologies
In March 2012 the US EPA proposed a limit for carbon dioxide emissions from new power plants, however the 450 kg/MWh limit would still allow new combined-cycle natural gas generation and coal-fired generation with carbon capture and storage.
Limits on emissions for both new and existing power plants will create space for lower-carbon technologies, including renewable energy but also nuclear power and natural gas generation.
Union of Concerned Scientists: more must be done
The Union of Concerned Scientists (UCS) has noted that while power plant carbon standards are important, additional policies will be necessary to achieve the President's stated emissions goals.
“In 2009, President Obama committed to reduce U.S. emissions 17 percent below 2005 levels by 2020,” notes UCS Strategy and Policy Director Alden Meyer. “The president can meet that goal, and if he uses every tool at his disposal, he can exceed it.”
“Power plant carbon standards will be job one and he’ll need to make sure they’re finalized well before his administration ends. He’ll also need to use additional policies to maximize emissions reductions from the electricity sector and build on his success with reducing oil use and emissions in the transportation sector.”
Proposal to extend “clean energy” R&D
The plan also notes that US President Obama's FY 2014 budget includes a proposal to expand federal funding for “clean energy” research, development and deployment across all federal agencies to USD 7.9 billion.
However, the budget requires approval by both houses of the US Congress, so unlike EPA action this is not something that President Obama can accomplish solely through his administration.
Also, the definition of “clean energy” could be problematic for environmentalists and renewable energy advocates. The plan also proposes to extend the US Department of Energy's loan guarantee program provide USD 8 billion in loans for “advanced fossil energy projects”.
Transmission upgrades a component of plans
The plan notes that President Obama signed a new memorandum to direct federal agencies to streamline the siting, permitting and review process for transmission projects across federal, state and tribal governments.
Finally, the plan includes a goal to install 100 MW of new renewable energy on federally subsidized housing stock by 2020.
Find more information about our floating PV technology on our website
- Untapped Potential: Geothermal Energy In Oregon
Credit: F. C. Whitmore (U.S. Geological Survey) and NREL By Joni Sliger, Policy Extern Oregon ranks third in the nation in geothermal energy potential. While the state ranks fourth in the nation on pursuing energy efficiency (which is delightful but...
- Stronger Us Focus On Africa: The Electrify Africa Act
By Ikenna Emehelu and Rahwa Gebretnsaie The U.S. government took steps in February to ensure that the Power Africa initiative will last beyond when the Obama administration leaves office. Congress passed, and the president signed, an Electrify...
- Carbon Trading
What is Carbon Trading? Carbon trading is the practice of reducing overall emissions of carbon dioxide, along with other greenhouse gases, by providing a regulatory and economic incentive. Indeed the term “carbon trading” is a quite misleading,...
- December 17th Asia Report - Mixed Signal Over Emissions
New Hampshire, U.S.A. — Even as renewable capacity surges ahead despite a down global economy, this past weekend brought a sobering reminder that market forces continue to pull the world toward carbon emissions — and not away from them.At the annual...
- Bnef: Pv Will Be Cheaper Than Fossil Fuels In Australia By 2020
Article published on www.pv-magazine.com on February, 8th 2013 Bloomberg New Energy Finance (BNEF) forecasts that large-scale photovoltaic systems will supply energy cheaper than coal and gas by 2020 in Australia. Already, it states, wind farms...