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Transition to Renewable Energy Stimulates the Economy

July 26th, 2011 | No Comments | Posted in alternative energy sources, solar power

Transition to Renewable EnergyThe transition to renewable energy is set to deliver an economic pay off as well in the years to come. Various studies show that a shift to alternative energy sources will raise the GNP in the coming decade and create new jobs, as Prof. Eicke Weber, spokesperson for the Fraunhofer Energy Alliance, points out More »

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Wadebridge aims for 30% renewable power

March 16th, 2011 | No Comments | Posted in alternative energy sources, solar power

Solar energy projectsRenewable energy campaigners want to harness energy from wind and the sun to generate 30% of a Cornwall town’s electricity needs.

Wadebridge Renewable Energy Network (Wren) wants to explore ways of introducing hundreds of solar panels to the roofs of homes and businesses.

Wren says that the scheme could also generate £450,000 a year for the town.

The money would come from a feed-in tariff which offers a premium price for renewable energy.

‘Financial benefits’

A number of developers and landowners have shown interest in setting up solar energy farms in Cornwall to take advantage of the feed-in tariff.

Stephen Frankel, of Wren, said: “We’ve some of the best sun and wind resources in the country More »

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Better Licensing Needed for Pumped Storage Hydro

March 15th, 2011 | No Comments | Posted in solar power

Pumped Storage HydroEvery wind and solar project requires some form of reliable backup power.

When the wind isn’t blowing and the skies are overcast, power providers must be able to turn to another source of energy quickly to meet demand. Concerns about grid reliability have grown amid the construction of more wind and solar projects.

Pumped storage hydropower, a clean source of energy and a proven technology, is viewed by many as the best way to provide utility-scale backup power for the growing number of wind and solar projects in the U.S.

The Federal Energy Regulatory Commission is considering about 60 proposed pumped-storage facilities in the U.S. More »

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Wind energy stocks

December 22nd, 2010 | No Comments | Posted in solar power, wind power

Wind energy stocks provide an alternative investment option for individuals or companies who are looking at supporting the development of alternative energy sources throughout the world for both domestic and commercial applications. The ability to purchase stocks in companies that specialize in wind energy production (either pure wind energy or a combination of wind energy and an alternative) allows individuals to profit from the growing trend of alternative energy sources while at the same time supporting the production and development of environmentally friendly energy production worldwide. More »

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