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July 11 Energy News

Headline News:

  • In Massachusetts, Co-op Power has built up its credentials steadily over the past decade. In a significant milestone, it mounted a $4.3 million community-based fundraising campaign for a biodiesel plant set to go online early next year. It has supported hundreds of rooftop solar installations, and fueled the region’s green job growth. [ilsr.org]
New England countryside

New England countryside

  • This summer, members and employees of Washington Electric Coop, a 100% renewable, 100% member-owned electric utility serving communities in north-central Vermont, are eligible to receive incentives totaling $10,000 on the purchase of a new 2017 Nissan Leaf all electric vehicle from Freedom Nissan in South Burlington. [vtdigger.org]
  • Sonnen unveiled what it calls a major assault on the traditional energy utility business model. It introduced a battery offer modeled on what consumers get from a mobile phone company. An average house consuming around 10,000 kWh a year, or nearly 30 kWh a day, can cut its annual bill of around A$3,400 to just A$480 a year. [CleanTechnica]
  • The US withdrawal from the Paris climate accord has been described as a major blow to the global carbon reduction effort. But a report from Morgan Stanley argues the move could cause barely a ripple, in the face of the “seismic shift” in renewable energy economics that is rapidly making wind and solar the cheapest new power sources. [RenewEconomy]
  • China’s electric power generation capacity from renewable sources now represents 20.5% of the world’s total while the US share is 20%. China is now the world’s leading producer of electricity from renewable sources. Of the world’s annual growth of renewable resources last year, China contributed 40%, and the US contributed 16.9%. [24/7 Wall St.]

For more news, please visit geoharvey – Daily News about Energy and Climate Change.

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