Boston communities are expanding their solar reach, as municipalities seek to reduce their electricity costs and carbon footprints, and the Metropolitan Area Planning Council (MAPC) advances its Regional Solar Initiative.
The world's nuclear power generation decreased in 2011 and 2012 in the aftermath of the Fukushima accident, but the market is gradually recovering, with large-scale capacity additions expected in the Asia-Pacific (APAC) region, GlobalData forecasts. In fact, GlobalData sees global nuclear installed capacity increasing from 371 GW in 2013 to 517 GW by 2025, driven by emerging markets.
Environmental regulations focusing on curbing greenhouse gas and other emissions, and the need to enhance energy self-sufficiency and security, are rapidly powering the growth of the solar market, with an upward trend in Asia-Pacific and Africa, among others, according to Frost & Sullivan.
The Federal Energy Regulatory Commission (FERC) has issued the Sacramento Municipal Utility District (SMUD) a new 50-year license for the continued operation of the Upper American River Project (UARP)-- a 688 MW hydroelectric project. The UARP consists of 11 reservoirs and eight powerhouses spanning an area from the crest of the Sierra Nevada Mountains to the foothill communities of the Sacramento valley and provides about 15 percent of SMUD's customers' yearly power needs.
The Southern Nevada Water Authority (SNWA) has locked in a significant portion of its energy costs at a fixed rate with a 20-year power purchase agreement with solar company SunEdison. The power purchase agreement provides SNWA with an effective hedge against future increases.
PSEG Solar Source is acquiring the ERWR Whitcomb Farm Solar project in Vermont. The facility will now be known as the PSEG Essex Solar Energy Center. This marks PSEG Solar Source's ninth solar project in eight states-- including Arizona, California, Delaware, Florida, New Jersey, Ohio and Texas-- and the company is currently working with a number of developers to add even more.
Despite the slowdown, wind currently powers nearly 3 percent of the world and is expected to grow over the next several years-- delivering 7.3 percent of the electricity consumed worldwide by 2018.
Construction on the Spinning Spur II Wind Project located in Oldham County, Texas, resulting in the 24 th wind project Mortenson Construction's Renewable Energy Groups has built for EDF Renewable Energy (EDF RE), and the 21st wind project Mortenson has built in Texas.
Since receiving its Renewable Energy Approval in April 2013, and beginning construction in November 2013, the Bluewater Wind Energy Center has invested nearly $4 million in local businesses.
The United States Department of Agriculture (USDA) is awarding more than $2.5 million in grants to develop wood energy teams in 11 states and an additional $1.25 million for nine wood energy projects using woody material, such as beetle-killed trees, from National Forest System lands.