December 20 Energy News

December 20, 2014

World:

¶   The Reventazón hydroelectric project in Costa Rica is nearly complete and will be ready to supply 305.5 MW of electricity for Costa Rica’s dry season in 2016, enough for about 525,000 homes. It is the largest dam in Central America and the second largest infrastructure project in the region, after the Panama Canal. [The Tico Times]

¶   The Government of Germany has committed funds amounting to €500 million for Green Energy Corridors project this year. With this, the total commitment from Government of Germany for GEC project stands at €750 million. In the year 2013, Government of Germany had committed €250 million. [Business Standard]

¶   Morocco has raised more than $2 billion for the next phase of a huge solar energy project. The funds are being provided by international organisations including the World Bank and the European Investment Bank. The first phase, Noor 1, will be the North African country’s first solar energy plant, with a capacity to generate 160 MW. [NewsHub.org]

¶   In Scotland, developers have announced that construction work on the world’s largest tidal energy project is set to begin next month. The MeyGen project, a 269-turbine installation, is expected to power 175,000 homes. Atlantis has secured more than £51 million in funding for the first phase of the project. [stv.tv]

¶   On the 6th December, the 1-MW tidal stream turbine installed and connected by Alstom at the European Marine Energy Center off the Orkney Islands produced 1 GWh for the grid. This marks a crucial step in the development of the company’s tidal power technology, demonstrating its performance and endurance. [Your Renewable News]

¶   India has offered to set up an insurance pool to indemnify global nuclear suppliers against liability in case of a nuclear accident in a bid to unblock billions of dollars held up by US investors over concerns of exposure to risk. Currently, nuclear equipment suppliers are liable for damages from an accident. [domain-B]

US:

¶   Lincoln Electric System says it has agreed to buy additional supplies of wind energy. The customer-owned electric utility says it plans to buy 73 MW by 2016 from the Prairie Breeze II Wind Energy Center in northeastern Nebraska and 100 MW from the Buckeye Wind Energy Center in Kansas. It plans to add 5 MW of solar power by 2016. [Omaha World-Herald]

¶   A ray of sunshine came out of the Colorado Springs Utilities Board meeting this week as the panel approved two projects that will add 20 MW of solar power and credits to the area’s energy portfolio. The added solar capacity will help keep the utility in compliance with state renewable energy standards until 2030. [Colorado Springs Gazette]

¶   Construction of a 120-turbine wind farm is underway in Carbon County, Montana as developers scramble to benefit from a last-minute federal tax credit passed last week. The $550 million Mud Springs Wind Ranch is located 12 miles southeast of Bridger, and is one of the biggest wind projects in Montana. [The Missoulian]

¶    A coalition of advocates, including the Archbishop of Baltimore, the League of Women Voters, some of the fastest-growing companies in the US, and others, will ask the Maryland General Assembly to double the state’s commitment to clean electricity and require 40% of the state’s power to be from renewables by 2025. [Washington Post]

¶   A new analysis lays out several detailed “pathways” to a low-carbon future for the US, and offers practical guidance for policy makers. There are multiple ways we can significantly reduce greenhouse gas emissions, with known technologies and with an incremental cost equivalent of less than 1% of gross domestic product. [Natural Resources Defense Council]

¶   Tucson Electric Power Co plans to install rooftop solar panels at customers’ homes in exchange for a fixed electric rate for 25 years. TEP’s Residential Solar Program, approved by the Arizona Corporation Commission as part of the utility’s 2015 renewable energy plan, will be available next spring to 500 to 600 customers. [Arizona Daily Star]

¶   The electric power generation sector lost more than 5,800 jobs over the last three years, according to an Energy Department stat shop. The losses hit all energy sources across electric power except for renewables, including solar and windpower, which showed gains, the Energy Information Administration said on Friday. [The Hill]

¶   The National Hockey League will significantly reduce its carbon footprint and greenhouse gas emissions through energy conservation and the purchase of renewable energy certificates under a newly signed agreement with Constellation Energy Group, the league announced. [Environment & Energy Publishing]

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