NewEnergyNews: QUICK NEWS, May 31: Climate Change Preparation Shifts Power To Locals; First U.S. Ocean Wind About To Turn On; Potential Geothermal Buy-Ins

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YESTERDAY

  • TODAY’S STUDY: The Truth About The Transmission New Energy Needs
  • QUICK NEWS, September 19: All About Climate Change In 17 Short Answers; New Energy Ready To Step Up; How Old Energy Attacks Solar
  • THE DAY BEFORE

  • TODAY’S STUDY: The Private Sector Gets Into The New Energy Biz
  • QUICK NEWS, September 18: The Key Climate Change Unknown; Beer Brewer Anheuser-Busch In Big Wind Buy; Montana Grew Solar 400% In 2016
  • THE DAY BEFORE THE DAY BEFORE

  • Weekend Video: A Bill Maher Debate About The Climate
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  • FRIDAY WORLD HEADLINE-The Chocolate-Climate Change Connection
  • FRIDAY WORLD HEADLINE-The New Energy Future Is Within Reach
  • FRIDAY WORLD HEADLINE-The World Is Turning Off Nuclear Power
  • FRIDAY WORLD HEADLINE-European Ocean Wind’s ‘Apollo Moon Landing’
  • AND THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, September 14:

  • TTTA Thursday-Think Like A Planet
  • TTTA Thursday-Illinois Moves To Join Community Solar Boom
  • TTTA Thursday-Grid Rules Need To Boost Battery Storage’s Stacked Values
  • TTTA Thursday-New Energy Delivering Big In Midwest Economy
  • THE LAST DAY UP HERE

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  • ORIGINAL REPORTING: MA delivers a landmark replacement for net metering
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  • TODAY AT NewEnergyNews, September 20:

  • ORIGINAL REPORTING: Is 100% renewable energy the best goal to cut power sector emissions?
  • ORIGINAL REPORTING: Have California's efforts to value distributed resources hit a roadblock?

    Tuesday, May 31, 2016

    QUICK NEWS, May 31: Climate Change Preparation Shifts Power To Locals; First U.S. Ocean Wind About To Turn On; Potential Geothermal Buy-Ins

    Climate Change Preparation Shifts Power To Locals Climate Change Is Rewiring Government-Citizen Relationships

    Alec Applebaum, May 30, 2016 (Newsweek)

    “…[Federally funded teams are attempting to learn from [failed urban projects] as they try to protect low-income communities from storm surges and heat waves as the climate continues to change and weather becomes more destructive…To ensure that communities went all-in for [its Rebuild by Design projects started after Hurricane Sandy, the federal Department of Housing and Urban Development] upended the normal infrastructure process: Instead of deciding what to build, municipal governments have to earn federal money by presenting ideas developed in close consultation with civic groups representing coastal communities from Connecticut to New Jersey…When the waters subsided, a coalition of 38 groups—including [Lower East Side] residents’ associations, advocacy groups, resource-rich charities like the Red Cross and corporate sponsors like Whole Foods Market—came together as LES Ready to organize immediate aid and develop long-term plans to better prepare the area for future environmental disasters…This approach is a trend around the world…” click here for more

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    First U.S. Ocean Wind About To Turn On Offshore Wind Arrives in U.S. Waters; By the end of this year, the nation’s first offshore wind farm should begin generating electricity

    Daniel Cusick, May 31, 2016 (ClimateWire via Scientific American)

    “The first offshore wind farm in the [U.S., Deepwater Wind’s 30 MW Block Island project off Rhode Island, will] begin delivering power to Rhode Island’s electricity grid by year’s end, a milestone that could help reshape energy markets from New England to South Florida, experts say…[T]o achieve its full potential, as much as 4 gigawatts of capacity, it will need a major influx of capital and know-how, much of which will come from Europe, where the technology has a 25-year performance record and now accounts for 11 GW of generation capacity on the continent…[Leaders say the] industry should act now to establish the technical, logistical and policy frameworks to build more offshore wind farms…[including] setting up domestic supply chains to serve offshore regions and training a skilled workforce to deploy into the offshore wind environment [that could support hundreds of turbines by 2025]…” click here for more

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    Potential Geothermal Buy-Ins 2 Geothermal Pure Plays At Their Turning Points

    Simple Digressions, May 26, 2016 (Seeking Alpha)

    “…[There are only two pure geothermal plays listed on major exchanges: Polaris Infrastructure (OTCPK:RAMPF) and U.S. Geothermal Inc (NYSEMKT:HTM)…[In 2015, Polaris restructured, reduced] its debt load, issued new shares and changed its management…[It’s one operating plant, San Jacinto in Nicaragua, has a stable] operating revenue of roughly $50 million…[from a contract that] expires in 2029…[The company claims one megawatt of power is equal to $1 million in the annual EBITDA…[U.S. Geothermal operates three [U.S. geothermal plants, two of which are outperforming and one underperforming. The three operating power plants are a source of stable income and cash flows. However, a big part of these earnings and cash flows is utilized by non-controlling interests - earnings and cash flows by Enbridge…and tax credits by Goldman Sachs…[leaving little for] shareholders…Increasing the EBITDA attributable to US Geothermal shareholders from today's $10 million to $16 million could transition US Geothermal into a dividend-paying company…” click here for more

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