Tag: Geothermal
Town of Hinton could soon be powered by geothermal from retrofitted abandoned wells
Prof. Banks and research team partnered with Epoch Energy for the project A research partnership to retrofit wells with geothermal energy near Hinton, Alberta to provide megawatts of power to the local community, according to a University of Alberta press release. “We pump hot water from underground using wells, use the heat to create power, and […]
Indonesia, Philippine groups acquire Chevron geothermal assets for $3 billion
Chevron geothermal assets sold as company cuts spending, jobs to handle weak oil prices By Enrico Dela Cruz MANILA, Dec 23 (Reuters) – Philippine property to banking conglomerate Ayala Corp said on Friday two groups of companies in which its energy unit has stakes will acquire Chevron geothermal assets in Indonesia and the Philippines, earlier valued […]
Nevada hybrid power plant first in world with solar geothermal mix
Nevada hybrid power plant will help US meet Paris climate conference commitments STILLWATER, Nev. _ Nevada’s governor, the premier of Italy and the director of the U.S. Energy Department’s renewable energy labs on Tuesday formally dedicated the final piece of the only hybrid power plant in the world producing renewable energy by combining geothermal with […]
Renewable electricity generation expected to grow 9% in 2016
In 2016 utility-scale renewables (wind at 5.2%, solar at 0.8%) will account for 14% of total electricity generated in USA Electricity generated from utility-scale renewable plants is expected to grow by 9 per cent in 2016, based on projections in the latest Short-Term Energy Outlook, according to the US Energy Information Administration. Much of the growth […]
Japan says it plans $10.6B in climate finance for developing countries for 2020
Climate finance meant to help developing countries join in climate change effort TOKYO _ Gearing up for global warming talks in Paris next week, Japan said Thursday it plans to provide 1.3 trillion yen ($10.6 billion) in climate financing a year for developing countries from 2020, including public and private funds. Prime Minister Shinzo Abe made […]
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