QUICK NEWS, July 16: WORLD MONEY COMES BACK TO NEW ENERGY; CALIF LOOKS TO THE PACIFIC FOR NEW ENERGY; THE SMART METER DOLDRUMS
WORLD MONEY COMES BACK TO NEW ENERGY Q2 2013 Global Green Investment at $53.1B; Big growth outside EU not enough to counter Europe’s faltering markets.
Jeff St. John, July 11, 2011 (Greentech Media)
“The latest global green energy investment figures are in, and while the United States and China are way up, Europe remains way down -- a reminder of just how important a role government policy continues to play in the industry’s attempted post-recession recovery…Bloomberg New Energy Finance reported that global green energy investment grew to $53.1 billion in the second quarter of 2013. That’s a 39 percent improvement from the first quarter’s four-year low of $43.6 billion, and was driven almost entirely by quarter-over-quarter growth in the United States ($9.5 billion, up 155 percent) and China ($13.8 billion, up 63 percent)…” click here for more
CALIF LOOKS TO THE PACIFIC FOR NEW ENERGY California, catch the next big energy wave; 'Blue' projects that harness ocean energy are taking off elsewhere. Why not here?
David Helvarg, July 13, 2013 (LA Times)
“The first U.S. offshore wind turbine hooked into the U.S. power grid in June…off the coast of Maine, using a floating wind-generator prototype well suited for the deep ocean water typically found off the coast of California…Less than a month later, Britain inaugurated an offshore wind farm capable of powering half a million homes…[and] wave- and tidal-power generators and…[ocean thermal energy conversion] are being developed in Maine, Oregon, Scotland and China, but not in any significant way in California. Even Google, based in California, is making a major commitment to offshore wind powers but [not here]…California is the state most associated with alternative energy development, yet the state's greatest potential source of clean power (and its main geographic feature), the Pacific Ocean, is largely ignored…” click here for more
3Q 2013 (Navigant Research)
"The smart electric meter market has entered a slow growth phase worldwide…[but] deployments will continue over the next several years, with smart meter penetration rates rising steadily in North America and in Europe…[B]oth France and the United Kingdom are on the verge of large-scale smart meter rollouts, though those projects will not accelerate for another year or so. Navigant Research forecasts that worldwide shipments of smart meters will peak in 2018, at 131 million annually, before slowing to 114 million by 2022…” click here for more