The Clean Energy Race: Who’s Winning?

Tuesday, November 29th, 2011

In the past several decades, there is no question that the opportunity for investment in the clean energy economy has increased exponentially. In fact, the Pew Environment Group predicts that, if legislative policies are initiated by G-20 countries as expected, more than $2.3 trillion will be invested in clean power (more…)

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US at Top Worldwide in EE Innovation

Thursday, March 31st, 2011

This week’s energy news looks bad for the United States – at first glance. The nation has slipped to second behind China in clean energy investment. Moreover, five of the G-20 nations have surpassed the US for clean energy investment relative to size of economy.

But look a little deeper into the report, (more…)

Betting on Algae and Big Oil?

Tuesday, October 13th, 2009

algaebioreactorDoes that headline grab you? If not, these numbers should:

  • $600 million: the amount Exxon has pledged to invest in a partnership with Synthetic Genomics
  • $10 million: the amount BP has invested in Martek Biosciences
  • 25 percent: the percentage of gasoline that will be replaced by biofuels by 2030, according to BP
  • 36 billion gallons: biofuels to be produced in the United States by 2022, as mandated by the U.S. Renewable Fuels Standard.
  • If that has not grabbed your attention yet, consider that in January of this year, Continental Airlines completed a test flight using a biofuel mixture, which included fuel derived from algae. The test flight yielded a 1.1 percent increase in fuel efficiency compared to a jet engine using traditional jet fuel.

    That isn’t exactly a great leap forward, but achieving incremental increases in fuel efficiency coupled with the latest engine technology, as well as use of new materials in aircraft production, such as the Boeing 787, could signal a dynamic shift for the airline industry. (more…)

     
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