FERC Report Shows Renewable Energy Accounts for 46.22% of New Electric Generation in 2012
FOR IMMEDIATE RELEASE
December 7, 2012 – The American Council On Renewable Energy (ACORE) applauds the renewable energy industry for installing 46.22% of new electrical generating capacity brought online since the beginning of 2012. According to a recently released report from the Federal Energy Regulatory Commission (FERC), wind, solar, biomass, geothermal, and hydropower accounted for a majority of the new renewable energy projects producing clean electricity in 2012, and are now responsible for more than 14.9% of total operating generating capacity in the U.S.
ACORE Applauds EPA Decision On Waiver Of The Renewable Fuel Standard
November 16, 2012—The American Council On Renewable Energy (ACORE) responded today to the U.S. Environmental Protection Agency’s denial of requests for a partial waiver of the Renewable Fuels Standard, a mandate on the volume of biofuels that must enter the U.S. fuels market.
SAN FRANCISCO--(Renewable Energy Finance Forum (REFF)-West hosted by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events in San Francisco, CA this week brought together over 350 investors, industry executives and policy makers for an engaging discussion on the state of the renewable energy industry, public policy, financial markets and corporate strategy in the renewable energy sector. During the two-day session, the 55 speakers and panelists expressed a call to action to those in the industry to continue developing financing solutions that promote growth and job creation in the domestic renewable energy industry.)--The fifth annual
Federal Taxpayers Receive 10% Internal Rate of Return on Solar Investment Tax Credit (ITC) in Common Solar Financing Scenarios
WASHINGTON, DC, July 19, 2012--A study published today by the US Partnership for Renewable Finance (US PREF), a program of the American Council On Renewable Energy (ACORE), finds that the solar investment tax credit (ITC), expanded in 2005 by President George W. Bush and modified as a grant program under President Barack Obama, can deliver a 10% internal rate of return to taxpayers on the government's initial investment. Titled, "Paid in Full," the study's model examines the cash flows generated by tax revenues on solar leases and power purchase agreements to show that a $10,500 tax credit for a residential system can provide a $22,882 nominal benefit to the government in those scenarios over the life of the solar asset, and a $300,000 commercial solar credit can create a $677,627 nominal benefit in a similar time period.
June 25 -- At the Renewable Energy Finance Forum-Wall Street (REFF-Wall Street), hosted by the American Council On Renewable Energy (ACORE) and Euromoney Energy Events, more than 50 top leaders from the financial sector and the renewable energy industry addressed a forum of over 600 delegates, discussing the changing nature of the policy landscape and advancing the debate around finance and innovation. >>More
April 24 -- Nearly 22 million electric vehicles will be sold from 2012 to 2020, according to an analysis by Boulder-based Navigant Research. "The average price for fuel for conventional vehicles will likely continue to rise through the remainder of this decade, driving demand for electric vehicles," said Dave Hurst, principal research analyst with Navigant Research. >>View Article
April 19 -- With the flip of a switch, Las Vegas city officials today celebrated the powering up of 15,000 new solar panels that will provide energy to a nearby wastewater treatment plant. >>View Article
February 4 -- The Alaskan Brewing Co. is going green, but instead of looking to solar and wind energy, it has turned to a very familiar source: beer. The Juneau-based beer maker has installed a unique boiler system in order to cut its fuel costs. >>View Article
November 1 -- Car buyers in the state of Tennessee rank among America’s top consumers of electric vehicles, reports Edmunds.com, the premier resource for automotive information. Edmunds.com’s analysis of Polk’s new car registration data finds that 2.9 percent of all new electric vehicles sold so far in the U.S. this year were registered in Tennessee, ranking the state 9th in the nation. >>View Article
October 3 -- This month has been a fortuitous one for green jobs, despite the ups and downs particularly in the wind energy sector, and there are a handful of companies who seem to be on a hiring spree, on the look-out for qualified applicants with backgrounds in everything from agriculture, engineering, construction, design, natural sciences and marketing. >>View Article