George C. Dimitriou

Technology and Strategy Consulting
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Archive for the ‘Renewable Energy’

Europeans Form Renewable Energy Agency

November 15, 2008 By: George Category: Renewable Energy No Comments →

A consortium of European governments is developing the world’s first International Renewable Energy Agency.

The agency, known as IRENA, will serve as a global cheerleader for clean energy. It plans to offer technical, financial, and policy advice for governments worldwide, according to a joint announcement from Germany, Spain, and Denmark – the project’s leaders.

The international organizations that currently focus on renewable energy include the International Energy Agency (IEA)World Bank, Renewable Energy Policy Network for the 21st Century (REN21), Renewable Energy and Energy Efficient Partnership (REEEP), and several United Nations agencies.

In the past year, global renewable energy sources have increased dramatically. More than 250 gigawatts of capacity, excluding large hydropower, exist globally. Clean energy investments surpassed $148 billion in 2007, a 60 percent increase from 2006, according to the U.N. Environment Programme.

Report on Advancing Energy Efficiency in Data Centers.

October 22, 2008 By: George Category: Climate, Computing No Comments →

The U.S. Department of Energy (DOE) and U.S. Environmental Protection Agency (EPA) have released the report, “Energy Efficiency in Data Centers: Recommendations for Government-Industry Coordination,” which details the discussions and recommendations covered during a national strategy workshop on July 8, 2008. The workshop, convened by DOE and EPA, gathered representatives from industry, utilities, associations, and NGOs to identify the next steps for public and private collaboration toward advancing toward the goal of improved energy efficiency in data centers.

U.S. data centers consume a growing portion of the U.S. energy/electricity supply due to growing demand for the services they provide. Data centers used 61 billion kilowatt hours of electricity in 2006, representing 1.5% of all U.S. electricity consumption—double the amount consumed in 2000. Based on current trends, energy consumed by data centers will continue to grow by 12% per year.

To view the report or to learn more about the national data center energy efficiency information program, visit DOE’s Partnering with Computer Data Centers Web page and EPA’s Enterprise Server and Data Center Energy Efficiency Initiatives Web page.

Report Says Emerging Green Economy Could Create Tens of Millions of New “Green Jobs”.

October 16, 2008 By: George Category: Climate, Renewable Energy, Trends No Comments →

The new report entitled Green Jobs: Towards Decent work in a Sustainable, Low-Carbon World, says changing patterns of employment and investment resulting from efforts to reduce climate change and its effects are already generating new jobs in many sectors and economies, and could create millions more in both developed and developing countries.

Green jobs reduce the environmental impact of enterprises and economic sectors, ultimately to levels that are sustainable. The report focuses on “green jobs” in agriculture, industry, services and administration that contribute to preserving or restoring the quality of the environment. It also calls for measures to ensure that they constitute “decent work” that helps reduce poverty while protecting the environment.

Among other key findings in the report:

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The Economics of Ecosystems and Biodiversity.

October 12, 2008 By: George Category: Climate, Trends No Comments →

Human well-being is dependent upon “ecosystem services” provided by nature for free, such as water and air purification, fisheries, timber and nutrient cycling. These are predominantly public goods with no markets and no prices, so their loss often is not detected by our current economic incentive system and can thus continue unabated. A variety of pressures resulting from population growth, changing diets, urbanization, climate change and many other factors is causing biodiversity to decline, and ecosystems are continuously being degraded. The world’s poor are most at risk from the continuing loss of biodiversity, as they are the ones that are most reliant on the ecosystem services that are being degraded.

At the meeting of the environment ministers of the G8 countries and the five major newly industrializing countries that took place in Potsdam in March 2007, the German government proposed a study on ‘The economic significance of the global loss of biological diversity’ as part of the so-called ‘Potsdam Initiative‘ for biodiversity.

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DOEs Energy Savers Website Helps Consumers Stay Warm, Save Money.

October 06, 2008 By: George Category: Climate, Renewable Energy No Comments →

On October 1, the first day of Energy Awareness Month, the U.S. Department of Energy (DOE) launched the Stay Warm, Save Money campaign on the Energysavers.gov website; this educational outreach campaign aims to help consumers be more energy efficient and save on energy costs.  The information focuses on proactive ways to implement simple, cost-effective, energy saving solutions for both homes and businesses this winter and will expand to year-round home energy efficient tips.

Google’s “Clean Energy 2030” plan.

October 05, 2008 By: George Category: Climate, Renewable Energy No Comments →

Google’s “Clean Energy 2030” plan as it’s described by Jeffery Greenblatt, Google.org’s climate and energy-technology manager, proposes to wean the U.S. off of coal and oil for electricity generation by 2030 by relying on power from wind, nuclear and geothermal sources instead. It also calls for raising the standard car fuel efficiency from 31 mpg to 45 mpg and increasing usage of plug-in hybrids and pure electric cars.

It’s an ambitious plan, to say the least. Expensive too–a jaw-dropping $4.4 trillion dollars. But Google believes it could generate net savings of $1 trillion over its 22-year span.

US Wind Turbine Market to be Worth $60 Billion in 2013.

September 03, 2008 By: George Category: Renewable Energy, Trends No Comments →

According to a new technical market research report from BCC Research, the US market for wind turbine components and systems will be worth $60.9 billion in 2013. This represents an increase from the 2007 market value of $7.9 billion and the estimated 2008 market value of $11.2 billion. The compound annual growth rate (CAGR) between 2008 and 2013 is expected to be 40.0%.

The market is analyzed by state and includes the top ten spenders on wind turbine technology: Texas, California, Iowa, Minnesota, Washington, Oregon, Colorado, New York, Kansas and Illinois. Texas has the largest statewide expenditure, exceeding $2.4 billion in 2007 and an estimated $3.0 billion in 2008. This should grow at a CAGR of 38.0% to reach $15.2 billion in 2013.

In 2007 Colorado spent over $1.2 billion on wind turbines, second only to Texas. Colorado has not recorded any wind turbine installations for 2008. The projection is that Colorado will install approximately $3.7 billion worth of wind turbines in 2013.

California has often been the testing grounds for new wind turbine developments and technologies, and is expected to surge ahead in the coming years. From anticipated spending of over $676.0 million on wind turbines in 2008, California is expected to spend as much as $17.1 billion in 2013, a CAGR of 91.0%.

Iowa is expected to spend over $1.3 billion in 2008 and over $3.1 billion in 2013, a CAGR of 19.0%.

Minnesota had very strong growth in 2007 with expenditures of $607.0 million, which will decrease in 2008 to roughly $142.0 million. Nonetheless, they are expected to spend nearly $2.8 billion in 2013.

The State of Washington had significant expenditures in 2006 and 2007, both above $500.0 million. They are expected to spend about half of that amount in 2008 and approximately $2.2 billion in 2013.