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Appellate Tribunal for Electricity postpones trading of renewable energy certificates – ET EnergyWorld

appellate tribunal for electricity postpones trading of renewable energy certificates – et energyworld

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New Delhi: The Appellate Tribunal for Electricity (APTEL) has postponed the trading of renewable energy certificates (REC) scheduled on July 29, by four weeks. In an order issued on July 24, APTEL postponed the RECs trading session scheduled on July 29, 2020 by four weeks in three separate appeals filed by Green Energy Association, IWPA (Indian Wind Power Association) and Techno Electric and Engineering Company Ltd against the CERC order issued on fixing REC floor and forbearance price. “Trading of RECs scheduled on July 29, 2020 shall be postponed by four weeks. It is made clear that if validity for any REC is going to be expired within four weeks, as stated above, the same shall be extended by the concerned authority,” the APTEL order said. There was no trading of RECs or green certificates in July. REC trading is done at two power exchanges — Indian Energy Exchange (IEX) and Power Exchange of India Ltd (PXIL) — on last Wednesday of every month. Under the renewable purchase obligation (RPO), bulk purchasers like discoms, open access consumers and capacitive users are required to buy certain proportion of RECs. They can buy RECs from renewable energy producers to meet RPO norms. One REC is created when one …

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Even With COVID-19, I’m Bullish On These Renewable Energy ETFs

even with covid-19, i’m bullish on these renewable energy etfs

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Something unusual happened in late April. In many large cities around the world people looked up and saw deep blue skies during the day and a multitude of stars at night. It was a worldwide phenomena, happening in China, the U.S., India, and elsewhere.COVID-19 cut transportation emissions drastically and air pollution fell dramatically. Unfortunately, one of the more insidious results of living in a polluted world is you start to think polluted skies are normal. The Los Angeles skyline on April 6, 2020. Source SFGate So, is prosperity inexorably tied to pollution? The current U.S. administration apparently thinks so. It’s weakening air pollution controls in order to boost economic growth. I believe there is a better way. Perhaps those blue skies were telling us something, something which we may not have realized — namely, we can have blue skies along with prosperity. That’s the message renewable proponents have been asserting for a long time. Many complain of clean energy subsidies yet oil and gas is subsidized on a continuing basis — every time they pull the stuff out of the ground. A one time subsidy to home owners, say on a solar array, is good for 20 years. So think …

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Renewable Energy Growth Continues At A Blistering Pace

renewable energy growth continues at a blistering pace

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SHANNAN, CHINA – JULY 15: Maintenance workers check solar panels at a photovoltaic power station of … [+] Qonggyai County on July 15, 2020 in Shannan Prefecture, Tibet Autonomous Region of China. (Photo by Song Weixing/VCG via Getty Images)

VCG via Getty Images

This article is the fifth in a series on the BP Statistical Review of World Energy 2020. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Previous articles covered overall energy consumption, petroleum supply and demand, natural gas, and coal.
Today, I want to cover the production and consumption of renewable energy.
Renewable energy continued its blistering growth pace in 2019, globally increasing by 12.2% over 2018. Over the past decade, renewable energy consumption has grown at an average annual rate of 13.7%.
Renewables were the only category of energy that grew globally at double digits over the past decade. For perspective, in 2009 the world consumed 8.2 exajoules of renewable energy. In 2019, that had nearly quadrupled to 29.0 exajoules.

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Renewable energy consumption since 1965.

Robert Rapier

The Review breaks the consumption of renewables into two broad categories. The “Renewables” category consists of wind power, solar power, biofuels. The category “Other” includes geothermal energy and power produced from …

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Stop investing in natural gas. Invest more in renewable energy.

stop investing in natural gas. invest more in renewable energy.

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While we’re at it, we’d avoid cumulatively emitting almost a year’s worth of climate pollution from New England’s power plants, assuming current emission rates. And the economies of Connecticut, Massachusetts and other New England states stand to benefit. By recapturing some of the dollars that we’re sending out of the region to purchase gas, and instead investing it in renewable energy, we get a net gain in employment.

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APTEL postpones trading of renewable energy certificates till August

aptel postpones trading of renewable energy certificates till august

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The Appellate Tribunal for Electricity (APTEL) has postponed the trading of renewable energy certificates (REC) scheduled on July 29, by four weeks.In an order issued on July 24, APTEL postponed the RECs trading session scheduled on July 29, 2020 by four weeks in three separate appeals filed by Green Energy Association, IWPA (Indian Wind Power Association) and Techno Electric and Engineering Company Ltd against the CERC order issued on fixing REC floor and forbearance price.”Trading of RECs scheduled on July 29, 2020 shall be postponed by four weeks. It is made clear that if validity for any REC is going to be expired within four weeks, as stated above, the same shall be extended by the concerned authority,” the APTEL order said.There was no trading of RECs or green certificates in July.REC trading is done at two power exchanges — Indian Energy Exchange (IEX) and Power Exchange of India Ltd (PXIL) — on last Wednesday of every month.Under the renewable purchase obligation (RPO), bulk purchasers like discoms, open access consumers and capacitive users are required to buy certain proportion of RECs. They can buy RECs from renewable energy producers to meet RPO norms.One REC is created when one megawatt hour …

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Letter to editor: Expand renewable energy for future

letter to editor: expand renewable energy for future

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Renewable energy can benefit our society in a multitude of ways. However, Pennsylvania will not be able to reap these benefits if our legislators fail to act on new renewable energy legislation.In 2004, The Alternative Energy Portfolio Standards Act was enacted to provide Pennsylvania with a goal of achieving 8% renewable energy (with .5% solar) by 2021. If our legislators fail to pass new legislation, renewable energy will stagnate in our state. This needs to change.Senator Killion and Senator Laughlin have proposed a modified co-sponsorship memo calling for 18% renewable energy (with 5.5% solar) by 2025. We need our legislators to support this memo to expand renewable energy in PA.Renewable energy can greatly benefit our state’s economy. Increasing renewable energy in PA will create tens of thousands of new jobs. The US Labor & Industry reports that solar installers and wind technicians have been the fastest-growing jobs in the US for multiple years in a row.

Renewable energy can also be key in saving Pennsylvania’s farms. From 2012-2017, more than 6,000 farms in our state have shut down. However, farmers are beginning to lease parts of their land to renewable energy developments. These projects are willing to pay rent at 3-5 times the farmer’ …

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This Leading Renewable Energy Producer Is Already Looking Beyond Wind and Solar @themotleyfool #stocks $NEE $XEL

this leading renewable energy producer is already looking beyond wind and solar @themotleyfool #stocks $nee $xel

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Few companies in the world have bet bigger on renewable energy than NextEra Energy (NYSE:NEE). The electric utility is already the global leader in producing electricity from the wind and sun and is a leader in the battery storage market. Meanwhile, its current backlog of renewable energy development projects is bigger than the entire existing operating portfolios of all but two companies in the world.
So when NextEra says it’s excited about an emerging renewable energy technology, investors should take notice. Here’s what the company’s leadership team had to say on its second-quarter conference call about one technology they believe could be key to achieving an emissions-free future.

Image source: Getty Images.

Getting excited about this emerging technology
NextEra’s CFO Rebecca Kujawa took the lead on the second-quarter call. After running through the numbers, she pivoted toward what the company sees ahead. She stated that:

Based on our ongoing analysis of the long-term potential of low-cost renewables, we remain confident as ever that wind, solar, and battery storage will be hugely disruptive to the country’s existing generation fleet, while reducing cost for customers and helping to achieve future CO2 emissions reductions. However, to achieve an emissions-free future, we believe …

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3 Top Renewable Energy Stocks to Buy in August @themotleyfool #stocks $CLNE $NEE $BE $ED $D

3 top renewable energy stocks to buy in august @themotleyfool #stocks $clne $nee $be $ed $d

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Renewable energy as an asset class is booming around the world, as wind and solar power plants become more competitive against fossil fuels. But renewable-energy stocks haven’t been guaranteed winners because cost pressure has hampered investment returns.
Given the competitive landscape, three of our Foolish contributors scoured the industry for their best renewable-energy stock picks. And Bloom Energy (NYSE:BE), NextEra Energy (NYSE:NEE), and Clean Energy Fuels (NASDAQ:CLNE) made it to the top of the list — for very different reasons.

Image source: Getty Images.

Upending energy
Travis Hoium (Bloom Energy): If renewable energy is going to be a mainstay on the grid, there needs to be a way to store energy made by solar and wind farms for later use. I’m not talking about a battery that charges during the day and discharges at night. I’m talking about a solar power plant in the Mojave Desert generating extremely low-cost summer electricity that can be stored and used in the Midwest or Northeast in winter months when demand rises and solar production is low. Bloom Energy may have cracked the code on this energy storage.
Bloom Energy recently announced a solid oxide electrolyzer that will convert electricity and …

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100% Renewable Energy For 2,700 New EV Fast Charging Stations In US

100% renewable energy for 2,700 new ev fast charging stations in us

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Cars


Published on July 31st, 2020 |
by Tina Casey





July 31st, 2020 by Tina Casey 

There they go again. Under the leadership of CEO and President Mary Barra, General Motors has been on a renewable energy tear of late. In the latest development, GM has paired with the leading fast charging company EVgo to install more than 2,700 public electric vehicle fast charging stations across the country, all powered through clean power contracts. The plan aims to ramp up EV sales by making more fast chargers — and more clean power — available to drivers who don’t have the security of a fast charger at home or work.

It’s not just about the car: GM launches new public EV fast charging buildout with 100% renewable energy (photo by Tina Casey).

EVgo Hearts Renewable Energy
The renewable energy angle is an important one for EV charging because it enlists drivers in the broader transition away from fossil fuels. As it stands today, EV drivers who charge from the grid may still be getting their power from coal or natural gas. Fast charging companies that insist on 100% renewable energy gather thousands (and soon, millions) of individual EV drivers into a powerful force that accelerates the demand …

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Salida’s Own Renewable Energy Outfitters Makes Top Solar Contractors List – by Brooke Gilmore – Ark Valley Voice

salida’s own renewable energy outfitters makes top solar contractors list – by brooke gilmore – ark valley voice

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The COVID-19 pandemic is the immediate crisis the world is facing, but the world is also faced with another tragedy: climate change. Renewable Energy Outfitters, based here in Chaffee County, was featured on the Top Solar Contractors List of companies.
The annual list published in Solar Power World magazine included the Salida based installers. Renewable Energy Outfitters has achieved a rank of 406 out of 407 companies.
“The Solar Power World team is so pleased to highlight more than 400 companies on the 2020 Top Solar Contractors list, especially during this unprecedented time,” said Senior Editor of Solar Power World, Kelsey Misbrener, “All contractors featured on the 2020 list reported strong 2019 installation numbers and are continuing to stand tall this year.”
The list of Top Solar Contractors is developed annually by Solar Power World to highlight and honor the work of all solar installers. Solar firms in the utility, commercial, and residential sectors are ranked by the number of kilowatts installed in the previous year. Companies are grouped and listed by specific services such as developers, electrical subcontractors, EPCs, installation subcontractors, rooftop installers, markets, and states.
The 2020 class of Top Solar Contractors continues to innovate with the addition of energy storage. Renewable Energy Outfitters was …

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