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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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

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

  • Loyalty Slipping In Climate Change Loyal Opposition
  • Research Shows EVs Can Go Much Farther
  • Booming Solar Faces Tricky Future
  • Wind Floats!

    THE DAY BEFORE

  • ORIGINAL REPORTING: How California Is Easing Off NatGas With New Energy
  • ORIGINAL REPORTING: Illinois cloud computing debate could open utility rate reform
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: The Value Of Transportation Elecrification
  • QUICK NEWS, December 12: The “Fight-Climate-Change” Diet; Market For Advanced EV Batteries To Quadruple By 2026; The Low Lifecycle Costs In New Energy
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: How The New Energy Marketplace Is Growing And Shifting
  • QUICK NEWS, December 11: N.C. Millennial Women Unite For Climate Fight; The White House Threat To New Energy; What’s Bad News In The Tax Bill For New Energy
  • THE LAST DAY UP HERE

  • Weekend Video: Tesla Adds World’s Biggest Battery To Aussie Wind
  • Weekend Video: Solar And The Next Utilities
  • Weekend Video: Wind Builders On Wind
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    Founding Editor Herman K. Trabish

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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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  • FRIDAY WORLD, December 15:

  • Study Concludes 2016 Heat Was Human-Caused
  • The Big Opportunity Under Africa’s Sun
  • Wind In The Netherlands To Fly Subsidy Free
  • China To Open EV Vending Machines

    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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