U.S. Senate Minority Leader Harry Reid (D-Nevada) and Senator Angus King (I-Maine) have filed an amendment to a wide-ranging energy bill to prevent state regulators from unduly altering state net metering policies.
The amendment to the Energy Policy Modernization Act (S.2012) would add new language to PURPA, a landmark 1978 energy law, to require that state regulators include the benefits of distributed solar in any change to net metering valuations. The Reid-King amendment would further prohibit regulators from retroactively changing net metering arrangements for existing customers.New York Times DealBook: Under Pressure, SunEdison Gives David Einhorn’s Fund a Board Seat
SunEdison, the renewable energy company, was once the darling of the hedge fund world. Big-name investors like Steven A. Cohen, Leon G. Cooperman and David Einhorn rode the stock as it soared to ever-increasing heights. And then it crashed.
Now, under pressure, SunEdison has agreed to give Greenlight Capital, which is led by Mr. Einhorn, a seat on its board and said it would amend some of its policies.CNN Money: Tesla's Worst Nightmare....Cheap Gas
Elon Musk has bigger problems than "super rude" customers and exploding SpaceX rockets. Tesla's stock has crashed and burned too.
Tesla stock is down more than 25% so far this year. It hit its lowest level since February 2014 on Wednesday.
Wall Street has grown increasingly skeptical about the company in recent weeks.MIT Technology Review: Experimental Fusion Reactor Switched On in Germany
Scientists in Germany today switched on a new kind of nuclear reactor, the latest experiment in the quest to produce clean, sustainable power from controlled nuclear fusion.
Chancellor Angela Merkel flipped the switch on the Wendelstein 7-X, a $435 million doughnut-shaped apparatus built at the Max Planck Institute for Particle Physics in Greifswald. Hydrogen was injected into the device and superheated by microwaves until it became type of matter known as plasma for a fraction of a second.Renewable Energy World: Geothermal Groups Collaborate on Guides for States to Meet EPA Standards
New geothermal industry guidance for Clean Power Plan compliance has been made available for five U.S. states.
The free state-by-state guides released by the Geothermal Energy Association, Geothermal Resources Council and the Geothermal Exchange Organization examine the benefits and uses of three major types of geothermal applications: power generation, direct use and heat pumps -- and cover Oregon, Montana, Nevada, Idaho and Colorado.