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Posts Tagged ‘Economic Issues’

Electric Light & Power, June 11, 2009
As the Obama administration shapes its policy on transmission planning, siting and cost allocation, the Large Public Power Council (LPPC) has sent a joint letter voicing its transmission policy views and concerns to Energy Secretary Chu, Interior Secretary Salazar, Agriculture Secretary Vilsack, FERC Chairman Wellinghoff, White House Council on [...]

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JAMES RICKMAN, Seeking Alpha, June 8, 2009
Oceans cover more than 70% of the Earth’s surface. As the world’s largest solar collectors, oceans generate thermal energy from the sun. They also produce mechanical energy from the tides and waves. Even though the sun affects all ocean activity, the gravitational pull of the moon primarily drives the [...]

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MARK CLAYTON, The Christian Science Monitor, April 24, 2009
Three miles off the craggy, wave-crashing coastline near Humboldt Bay, California, deep ocean swells roll through a swath of ocean that is soon to be the site of the nation’s first major wave energy project.

Like other renewable energy technology, ocean energy generated by waves, tidal currents or steady offshore [...]

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PATRICK BLUM, International Herald Tribune, March 15, 2009
LISBON: Projects for wind and wave energy beset by technical snags and dwindling investment
In July, a Pelamis wave power generator, an articulated steel machine like a giant semi-submerged sausage, was towed into the deep Atlantic, off the coast of Aguçadoura in northern Portugal, and attached to a floating mooring.
By [...]

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PETER BROWN, EnergyCurrent.com, February 16, 2009
On a Monday morning in May last year, the Atlantic tide set a turbine in motion on the seabed off Orkney, and the energy captured was connected to the national grid. It was, said Jim Mather, Scotland’s Minister for Enterprise, Energy and Tourism, a “massive step forward”.
The amount of electricity [...]

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MendoCoastCurrent from Platts Energy Podium, February 12, 2009
The recently approved Economic Stimulus Plan includes expanding the US electric transmission grid and this may be the just the start of what will be a costly effort to improve reliability and deliver renewable energy to consumers from remote locations, Federal Energy Regulatory Commission (FERC) Acting Chairman Jon [...]

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MendoCoastCurrent, February 11, 2009
President Obama chose two Silicon Valley notables as members of his new Economic Recovery Advisory Board.  The 15-member board shall advise Obama on decisions about the US economy and announced to spur Congress into passing legislation for his economic stimulus plan.
President Obama said he created a panel of outside advisers to enlist [...]

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KATE GALBRAITH, The New York Times, February 4, 2009
Wind and solar energy have been growing at a blistering pace in recent years, and that growth seemed likely to accelerate under the green-minded Obama administration. But because of the credit crisis and the broader economic downturn, the opposite is happening: installation of wind and solar power is plummeting.
Factories [...]

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MendoCoastCurrent, January 28, 2009
To Keep Momentum, AWEA Calls for Quick Approval of the Obama Stimulus Package
The massive growth in 2008 swelled the nation’s total wind power generating capacity by 50% and channeled an investment of some $17 billion into the economy, positioning wind power as one of the leading sources of new power generation in [...]

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BBC News, January 22, 2009
One of the world’s largest wave stations is to be constructed in Scotland off the Isle of Lewis in the Western Isles.
The station will create up to 70 jobs and advance Scotland’s bid to lead the world in renewable energy, First Minister Alex Salmond said.
Ministers have granted consent for an application [...]

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MendoCoastCurrent, January 8, 2009
Key President-elect Barack Obama renewable energy quotes from his January 8, 2009 speech to the U.S. Congress and citizens, on his top economic priorities as he takes office.
“. . .the first question that each of us asks isn’t ‘what’s good for me?’ but ‘what’s good for the country my children will inherit?”
On [...]

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MARIA DICKERSON, the Los Angeles Times, December 27, 2008
At a time when many investors are sticking money in their mattresses, Californians are putting it on their roofs.
Applications for state rebates to install solar panels hit their highest level ever in December, one of the few bright spots in an otherwise gloomy economy.
Residents filed a record [...]

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Excerpts from article by FRANK HARTZELL, The Mendocino Beacon, December 24, 2008
On January 13, 2009, from 5-7p.m. at Fort Bragg Town Hall, a “top official from the Federal Energy Regulatory Commission (FERC) will appear to explain the agency’s strategy on developing what it calls “hydrokinetic” power as an alterative energy source.
Ann F. Miles, FERC’s director [...]

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JOHN DRISCOLL, The Times-Standard, December 15, 2008
A white paper commissioned by the state of California says that tapping the ocean for power should be done carefully.
The report for the California Energy Commission and the Ocean Protection Council looked at the possible socio-economic and environmental effects of the infant industry, including what it might mean for [...]

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MARGOT ROOSEVELT, The Los Angeles Times, December 12, 2008
California regulators adopted the nation’s first comprehensive plan to slash greenhouse gases on December 11th and characterized it as a model for President-elect Barack Obama, who has pledged an aggressive national and international effort to combat global warming.
The ambitious blueprint by the world’s eighth-largest economy would cut [...]

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Guardian.co.uk, December 3, 2008
Way back in Napoleonic Paris, a Monsieur Girard had a novel idea about energy: power from the sea. In 1799, Girard obtained a patent for a machine he and his son had designed to mechanically capture the energy in ocean waves. Wave power could be used, they figured, to run pumps and [...]

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MendoCoastCurrent, November 29, 2008
Ann Arbor, Michigan — Slow-moving ocean and river currents could be a new, reliable and affordable alternative energy source. A University of Michigan engineer has made a machine that works like a fish to turn potentially destructive vibrations in fluid flows into clean, renewable power.
The machine is called VIVACE. A paper on [...]

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BRYAN WALSH, Time, November 20, 2008
Doug Morrell had already installed solar panels on his house in Coopersville, Michigan, but he was eager to get a little bit greener. So the 52-year-old Navy veteran bought something that might seem more at home in the Dutch countryside than in a small town in western Michigan: a personal [...]

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MendoCoastCurrent, November 18, 2007
Developing Wave Energy in Coastal California: Potential Socio-Economic and Environmental Effects, authored by a team of scientists from H.T. Harvey and Associates, UC Davis Bodega Marine Laboratory, UC Santa Cruz, the Farallon Institute for Advanced Ecosystem Research, Planwest Partners and Humboldt State University, and jointly funded by the California Ocean Protection Council and the California [...]

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RenewableEnergyWorld.com, November 10, 2008
Finavera Renewables Inc. has announced that it plans to raise US $1,002,000 through a non-brokered private placement of 20,040,000 units at a price of $0.05 per unit. Each unit consists of one common share and one-half of a share purchase warrant, with each full warrant exercisable at $0.10 for 12 months from [...]

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TERRY MACALISTER, The Guardian/UK, November 7, 2008
BP has dropped all plans to build wind farms and other renewable schemes in Britain and is instead concentrating the bulk of its $8bn (£5bn) renewables spending programme on the US, where government incentives for clean energy projects can provide a convenient tax shelter for oil and gas revenues.
The [...]

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MARTIN LAMONICA, CNET, November 5, 2008
Energy and environmental policy is poised for dramatic change under an Obama administration even with a slumping economy.
With the incoming administration and Congress, renewable energy advocates and environmentalists said they anticipate a comprehensive national energy plan focused on fostering clean-energy technologies.
“The election is over. Now the hard work begins,” wrote [...]

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MATT NAUMAN, San Jose Mercury News, October 27, 2008
The California Public Utilities Commission rejected a Pacific Gas & Electric contract for wave energy, saying the utility was going to pay too much for a technology that’s still largely experimental.
Last December, PG&E said it would be the first utility in the nation to get energy from [...]

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Keith Johnson, Environmental Capital in WSJ, September 15, 2008
Most of the renewable-energy business is busy fretting about the extension of federal tax credits, which expire at the end of this year. But the real story, it seems, is how clean energy’s biggest historical handicap is coming to be seen as one of its biggest selling [...]

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KATE GALBRAITH, The New York Times, September 23, 2008
For years, technological visionaries have painted a seductive vision of using ocean tides and waves to produce power. They foresee large installations off the coast and in tidal estuaries that could provide as much as 10% of the nation’s electricity.
But the technical difficulties of making such systems [...]

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PETER SLEVIN, The Washington Post, August 18, 2008
DENVER — When Colorado voters were deciding whether to require that 10% of the state’s electricity come from renewable fuels, the state’s largest utility fought the proposal, warning that any shift from coal and natural gas would be costly, uncertain and unwise.
Then a funny thing happened. The ballot [...]

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EnvironmentalResearchWeb.org, Jul 22, 2008
Of all the renewable technologies, wave and tidal energy is currently the most expensive way of producing energy. But a project in the UK hopes to help this technology move along the learning curve and bring down costs.
When installed in 2010, Wave Hub will be the world’s first large-scale wave farm. Just [...]

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JIM STINSON, Gannett News Service, July 2, 2008
The staff of the state Public Service Commission has again advised its five-member board to disapprove the $4.5 billion sale of Energy East Corp. to Iberdrola SA, but staffers have added a big “however” on wind farms.
In a brief filed in the long-running case, the PSC staff has [...]

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ED HENRY, RICHARD GREENE, BRIANNA KEILER, HUSSEIN SADDIQUE, ALI VELSHI, CNN, June 18, 2007
Washington — President Bush asked Congress Wednesday to permit drilling for oil in deep water off America’s coasts to combat rising oil and gas prices.
“There is no excuse for delay,” the president said in a Rose Garden statement.
Bush also renewed his demand [...]

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LEWIS PAGE, The Register, May 1, 2008
Oil giant Shell has pulled out of the world’s biggest wind farm project, in a move which has cast doubt over the scheme’s future. The £2bn London Array, intended to be built in the Thames Estuary, will need to find a new backer in order to proceed.
For the London [...]

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The World, Worldwide Ocean Energy News, April 12, 2008
Sport and commercial fishermen, members from related marine industries and Ocean Power Technologies representative Steve Kopf met again Wednesday — and made tentative progress on rebuilding trust.
A robust agenda that included discussing the difference between a traditional licensing process and an integrated licensing process — two different [...]

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April 1, 2008
Interesting reading…A Request for Rehearing has been filed related to FERC’s Denial of FISH’s Motions to Intervene in PG&E’s Mendocino and Humboldt Wave Energy Projects (read Filing : fish-request-for-rehearing.pdf).
FISH, Fishermen Interested in Safe Hydrokinetics, has become a steering committee led by Mendocino coast locals, John Innes and Jim Martin, as Co-Coordinators and Elizabeth [...]

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Susan Chambers, The World Link, March 21, 2008
REEDSPORT — Fishermen and port officials talked of trust Wednesday night at the Port of Umpqua commission meeting.
The meeting was an impromptu first battleground over what fishermen see as a violation of trust and wave energy company Ocean Power Technologies see as a business decision.
OPT filed a preliminary [...]

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Susan Chambers Staff Writer The World January 18, 2008
REEDSPORT — It’s all about balance in a growing debate about marine reserves and, to a lesser extent, wave energy.
Chip Terhune, Oregon Gov. Ted Kulongoski’s chief of staff, opened the Reedsport marine reserves and wave energy discussion with about 75 people Thursday night at the Port [...]

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Susan Chambers The World April 10, 2007
A wave breaks off the southern Oregon Coast as wind blows some of the surf backward. That wave attraction is attracting power producers. To date, seven projects are proposed for the Oregon Coast, to tether power-generating buoys to the ocean floor to ride ocean swells. World File Photo
 
CHARLESTON – [...]

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Finavera had been collecting data before the buoy took on water and bilge pump fails

LORI TOBIAS, The Oregonia, November 1, 2007
NEWPORT — The first wave energy test buoy deployed off the Oregon coast has sunk.
Engineers with the Canadian energy developer Finavera Renewables learned the $2 million buoy plunged to the ocean floor only a [...]

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