Monday, April 16, 2007

Clean energy news quick clicks

Duke Energy isn't arguing with the decision by North Carolina regulators to only allow the utility to build one coal-fired power plant rather than the two it asked for. "We're content with one plant," said CEO Jim Rogers. via the News Observer
  • India-based Suzlon has raised its bid to buy REpower Systems AG of Germany. The deal values REpower at $1.6 billion, beating a rival offer from the French Areva SA. Wind Energy Weekly reports that buying REpower would expand Suzlon's presence in the U.S. market.
  • The U.S. Environmental Protection Agency established the nation's first Renewable Fuel Standard program recently. It increases the use of renewable fuels and modernizes the Corporate Average Fuel Economy standards for cars. It requires major American refiners, blenders, and importers to use a minimum amount of renewable fuel each year between 2007 and 2012. Beginning this year, 4.02 percent of all fuel sold or dispensed has to come from renewables. The Renewable Fuel Standard was authorized by the Energy Policy Act of 2005. via Renewable Energy Access

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