Submitted by New Energy News Blog Will the U.S. wind energy industry recapture its momentum after Congress restores its production tax credits (PTCs)? Vestas Wind Systems, the world’s biggest wind turbine manufacturer, seems to think so. It is building more than half-a-billion dollars worth of new manufacturing plants in Colorado. On the strength of enormous demand for clean, emissions-free power, world …
PHEV – HISTORY ON THE VERGE OF HAPPENING
Submitted by New Energy News Blog Believe a TV ad? Apparently.That commercial running during the Olympics says GM’s Chevrolet Volt, the history-making plug-in hybrid electric vehicle (PHEV), is coming to U.S. auto showrooms in 2010. And GM execs say they are on track. Andrew Farah, GM chief engineer, Chevrolet Volt: “At this point, there’s nothing standing in our way of continuing …
UK LOOKING TO CATCH A WAVE
Submitted by New Energy News Blog There’s an update on Anaconda, a giant tube that is either an important solution to the capture of wave energy or has a great public relations representative in the UK because it seems to get more than its fair share of press. Anaconda is made of plastic, the kind of durable plastic that channel-crossing hovercraft …
Investor Alert: In This ‘Drill, Drill, Drill’ World, Don’t Forget Enhanced Oil Recovery Firms Like Wavefront, Denbury
Submitted by EnergyTechStocks.com With John McCain, Republicans in Congress and their acolytes on TV screaming daily about the need for more offshore oil drilling, it may not be long before the phrase “enhanced oil recovery” (EOR) enters the political mainstream. EOR refers to the recovery of “stranded” oil left behind in old wells, primarily via injection of carbon dioxide gas, which …
ARMY CUTTING CARBON ‘BOOTPRINT’
Submitted by New Energy News Blog The U.S. Army wants to be more “sustainable.” Is this a new recruiting strategy? Well, there was no point in “going green.”The truth: Turns out the Army thinks efficiency is more than just (as Vice President Cheney once condescendingly dubbed it) a sign of “personal virtue.” The Army has come to see energy efficiency as …
RUSSIA AND CONGO MOVE TO BIOFUELS
Submitted by New Energy News Blog The exertion of force being a bit more flagrant in Russia than in the West, it is hard to know whether Russians are not yet aware of the bad news about AGROfuels or whether those backing the play just don’t care. (See AGROFUELS BAD NEWS: OXFAM) In either case, entrepreneur Pyotr Svetlichny of Titan-Kuban is uninhibitedly excited …
GEOTHERMAL OVERLOOKED?
Submitted by New Energy News Blog A U.S. News & World Report writer took a closer look at geothermal energy, a rich New Energy resource. If geothermal energy does not get the same recognition as sun and wind and wave, there is one simple reason: Its potential productivity has been considered limited. Wind presently provides 1% to 2% of U.S. electricity …
ELDER STATESMEN TO NEXT PRES: ENERGY CRISIS COMING
Submitted by New Energy News Blog A bipartisan group of elder statesmen, led by Henry Kissinger, Sam Nunn, James Schlesinger and Colin Powell, have submitted An Open Letter On America’s Energy Future to both presidential candidates and every member of Congress calling for prompt and decisive action to head off an impending energy crisis and urging an end to the partisan bickering that …
New Poll Indicates China Could Make Rapid Switch To Fuel-Efficient Hybrids And All-Electric Vehicles
Submitted by EnergyTechStocks.com A new poll provides the first clear signal that Chinese motorists, whose current top car choices are fuel-wasting sedans and SUVs, could make a stunningly rapid switch to fuel-efficient hybrid and all-electric vehicles. The poll, from German automotive supplier Continental Corp., found that nearly 82% of Chinese drivers know nothing about fuel-efficient drive systems. After the technology was explained, …
U.S. Government Report Indicates China Firms Will Be Among the Big Beneficiaries Of The Lithium-ion Revolution
Submitted by EnergyTechStocks.com A report from the U.S.’s Argonne National Laboratory concludes that China is making “vast progress” in developing lithium-ion batteries, a clear indication that Chinese battery manufacturers should be among the big winners as the world ramps up production of lithium-ion batteries for vehicles and consumer electronics. The report notes that a number of Chinese battery firms – including BYD …