NewEnergyNews: QUICK NEWS, December 18: PRES COMMITS GOVT AGENCIES TO 20% NEW ENERGY BY 2020; THE VOLATILE SOLAR REC MARKET; CHINA OFFSHORE WIND OPEN FOR BUSINESS

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Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • Weekend Video: Bloomberg To Colbert – New Energy Is The Answer
  • Weekend Video: Global New Energy Keeps Coming On
  • Weekend Video: The Long Reach Of New Energy
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Why Geoengineering Has Comes With Big Risks
  • FRIDAY WORLD HEADLINE-The Immense Potential Of Ocean Wind
  • FRIDAY WORLD HEADLINE-The Best Place To Build New Energy Is China – Survey
  • FRIDAY WORLD HEADLINE-Japan’s Mitsubishi Sees EV Price Beating Gas Cars
  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, October 12:

  • TTTA Thursday-Big Work Now Ahead On Climate Change
  • TTTA Thursday-New Energy Ready To Take Over In The New South
  • TTTA Thursday-How The Ocean Can Store New Energy
  • TTTA Thursday-Indiana Nun Fights For Solar
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: New Hampshire Makes A New Energy Compromise That was ‘Worth It’
  • ORIGINAL REPORTING: Survey Shows Utilities Expect New Energy Expansion
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: Why Big Buyers Buy New Energy
  • QUICK NEWS, October 10: Why Tariffs On Solar Will Backfire On The President; Private Sector Seizes Wind Opportunity; The EV Boom Needs 1000s More Plugs
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: An Alternative New Energy Plan For North Carolina
  • QUICK NEWS, October 9: Research Shows Feedback Loop Accelerating Climate Change; Solar Growth Leads The World; The Big Opportunity In Wind
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    Founding Editor Herman K. Trabish

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    click image for more info about the Sunstock Solar Festival

    Research Associate and Contributing Editor Jessica R. Wunder

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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  • TODAY AT NewEnergyNews, October 16:

  • TODAY’S STUDY: How Get The Stacked Values Of Battery Storage
  • QUICK NEWS, October 16: Worse Than ‘The New Normal’; New Energy To The Rescue; How Rooftop Solar Cuts Everybody’s Power Bills

    Wednesday, December 18, 2013

    QUICK NEWS, December 18: PRES COMMITS GOVT AGENCIES TO 20% NEW ENERGY BY 2020; THE VOLATILE SOLAR REC MARKET; CHINA OFFSHORE WIND OPEN FOR BUSINESS

    PRES COMMITS GOVT AGENCIES TO 20% NEW ENERGY BY 2020 Obama Commits U.S. Federal Government To 20% Renewable Energy Target By 2020

    Michael Puttre, December 6, 2013 (Renew Grid)

    "President Barack Obama has issued a presidential memorandum directing the U.S. federal government to pursue a goal of deriving 20% of its energy from renewable sources by 2020. The document also instructs all federal agencies to take specific steps to better manage building performance, enhance energy efficiency and reduce energy waste…It directs agencies to…[install] agency-funded renewable energy on-site at federal facilities…[contract] for [renewable] energy…[and purchase renewable] electricity...[and] renewable energy certificates...The memorandum sets a [first interim target of 10% renewables by 2015]…[A]ctions are to be taken where practical, economical and technically feasible.” click here for more

    THE VOLATILE SOLAR REC MARKET Experts Warn, Know The Game Before Betting On SRECs

    Mark Del Franco, 11 December 2013 (Solar Industry)

    “Solar renewable energy certificates (SRECs) can be vital to the economics of a solar project. Combined with a power purchase agreement (PPA), SRECs can help establish a steady revenue stream for solar project owners…[SRECs] can be sold on the spot market through an auction or exchange. An aggregator can sell SRECs to a utility or energy company through a fixed-price, multi-year contract or, less commonly, in a lump-sum payment…[But] SRECs do not have any intrinsic value…[It] is determined by the market, subject to supply-and-demand constraints…And while SREC programs have been a key driver of solar development in states such as Delaware, Maryland, Massachusetts, New Jersey, Ohio, Pennsylvania and Washington, D.C., recent market examples [in New Mexico and New Jersey] offer a cautionary tale…” click here for more

    CHINA OFFSHORE WIND OPEN FOR BUSINESS Analysis: China approves first commercial offshore projects; Three of China's first four offshore wind power concession projects finally won approvals in the third quarter of 2013, three years after the tender was held.

    Mao Pengfei, 4 December 2013 (Windpower Monthly)

    “Despite the delay, there are hopes that China is accelerating offshore sector development after years of stagnation…The four flagship projects totalling 1GW in east China's Jiangsu province are the country's first batch of offshore concessions, announced in September 2010 by the National Energy Administration (NEA) after a public tender. The projects were held up by conflicts between the NEA and the State Oceanic Administration (SOA) on the use of the sea areas…With the approvals from the Jiangsu Development and Reform Commission, projects 700MW in Dongtai, Dafeng and Binhai finally got off the drawing board. The remainder is the 300MW development in Sheyang which is still stuck…The winning bids, including from Longyuan, Datang New Energy and China Power Investment, had surprisingly low prices, ranging from CNY 0.61 to CNY 0.73 per kWh…” click here for more

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