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Palm Oil Market Outlook in South America to 2025: Key Drivers & Restraints – ResearchAndMarkets.com

DUBLIN–(BUSINESS WIRE)–The “South America: Palm Oil – Market Report – Analysis And Forecast To 2025” report has been added to ResearchAndMarkets.com’s offering. The report provides an in-depth analy…

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Vegoils: Palm oil hits nearly two-week low on higher production outlook

KUALA LUMPUR (Reuters) – Malaysian palm oil futures fell to their lowest in nearly two weeks on Friday evening, marking a fourth session of declines, on expectations of higher production this month. E…

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Global Oil and Gas Pipeline Leak Detection Equipment Market Share, Outlook, Trends and Forecast 2016 – 2024

Oil and Gas Pipeline Leak Detection Equipment are utilized to detect leaks in the pipelines carrying oil and gas. Due to hazardous nature of oil and gas their transportation through pipelines require extra care and safety. Oil and gas spills can endanger …
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Fracking Water Treatment Equipment Market Competitive Dynamics & Global Outlook 2024

The wastewater from fracking operations should undergo water treatment in order to be reused, thus accelerating the fracking water treatment equipment market. Besides, the current conditions of the requirement of more water and water scarcity have made it …
fracking wastewater – BingNews

Just How Off Is EIA’s Renewable Energy Outlook? How about 20+ Years?


Is the US Energy Information Administration’s (EIA) forecast for the future of renewable energy in America wrong? It’s an important question, considering policy decisions and private investments are often set by EIA guidance.

EIA’s “Annual Energy Outlook 2014” early release overview predicted renewables would supply only 16% of US electricity demand by 2040, but a new analysis of EIA’s own data finds the outlook is “almost certainly wrong.”

According to the Sun Day Campaign, renewables will make up a much larger percentage of America’s energy portfolio, much faster than EIA projects – roughly 20 years faster, in fact.

EIA’s Renewable Energy Forecast “Simply Wrong”

EIA data shows renewable energy sources (biomass, geothermal, hydropower, solar, and wind) grew from less than 9% of total US supply in 2004 to nearly 13% in 2013 on the strength of solar photovoltaic and wind energy’s rapid growth.

US EIA renewable energy production

US EIA renewable energy production chart via US EIA

That expansion rate raised concerns about EIA’s 16% by 2040 projection. “Given the relatively consistent growth trends of the past decade or longer for most renewable energy sources and their rapidly declining costs, it seems improbable that it will require another 27 years to grow from 13% to 16%,” said Ken Bossong, Sun Day executive director. “Thus, EIA’s forecast is not just unduly conservative; almost certainly, it is simply wrong.”

Sun Day’s analysis parsed EIA data for renewable energy sources within US net electrical generation from 2003 through 2013, and it paints a vastly different picture. If past trends continue, Sun Day forecasts, renewable energy will reach 13.5% in 2014, 14.4% in 2015, 15.3% in 2016, and 16% no later than 2018. That’s five years, not 27, if you’re counting along at home.

Interestingly, even Sun Day’s forecast may be too conservative. Five years ago, the decline of solar PV module prices as well as Production Tax Credit (PTC)-fueled boom and bust of wind may have been impossible to predict. Sun Day notes projections based on EIA data suggest hydropower, biomass, and geothermal contributions will remain largely unchanged, even as other studies suggest significant growth.

Solar And Wind Energy Lead The Charge

So if Sun Day is so bullish on renewable energy’s future, where will the US generate all this new capacity? Unsurprisingly, the answer is probably solar and wind.

Sun Day US renewables forecast

Sun Day US renewables forecast chart via Sun Day

Wind energy made up 4.13% of net electrical generation in 2013, with the amount of wind power growing by an average of 22,200 thousand megawatt-hours (MWh) annually from 2007 to 2013. Uncertainty over the PTC means that pace is unlikely to continue, but Sun Day uses the American Wind Energy Association’s (AWEA) report of 12 gigawatts in the development pipeline to forecast wind energy’s contribution to hit 4.5% in 2014, 5% in 2015, and 5.5% in 2016.

Despite record-setting new solar installations in 2013, solar energy is still one of the smallest overall contributors to US electricity supply, but that’s about to change. Grid-connected solar contributed just 0.23% of net electricity in 2013, but that’s after 50% growth from 2010-2011, 138% growth from 2011-2012, and 114% growth from 2012-2013.

Sun Day combines these growth rates with the number of projects expected to come online in 2014 and 2015 to forecast an exponential expansion of net solar generation to .45% in 2014, .9% in 2015, and 1.37% in 2016. Exciting expectations, considering EIA only expects solar to generate .5% by 2015.

Other Renewables Hold Flat

The growth of wind and solar looks even more impressive when compared to other forms of renewable energy, and shows where the real growth will occur. Hydropower, biomass, and geothermal are all projected to hold steady over the next few years.

Hydropower has long been the “baseload” renewable electricity source, and the dominant percentage of renewables in US energy supply with 6.63% in 2013, but that sector’s potential may be tapped. Some small hydro facilities and upgrades at existing plants are expected to come online, but decreased water supply due to climate change may offset those additions to hold flat. Sun Day forecasts hydropower’s share will actually decrease as other renewables surge, falling to 6.55% by 2016.

Small hydropower facility

Small hydropower facility image via CleanTechnica

That same trend is expected for biomass and geothermal, as generation increases but overall percentages remain flat, according to Sun Day. Biomass (wood-based fuels, landfill gas, municipal solid waste, and other waste) is expected to hold steady at 1.48% from 2013 through 2016, and geothermal is projected to remain constant at .41% from 2013 through 2016.

While it’s worth noting EIA estimates both geothermal and biomass to increase between 2013 and 2015, that discrepancy may be a direct result of Sun Day’s more aggressive outlook.

Just How Off Is EIA’s Renewable Energy Outlook? How about 20+ Years? was originally published on CleanTechnica. To read more from CleanTechnica, join over 50,000 other subscribers: Google+ | Email | Facebook | RSS | Twitter.


CleanTechnica

VEGOILS-Palm oil ends off 3-week low on gloomy outlook, markets – Reuters


Business Recorder

VEGOILS-Palm oil ends off 3-week low on gloomy outlook, markets
Reuters
Crude palm oil prices fall to a 3-week low * Malaysian palm oil to fall to 2,901 ringgit -technicals * Mistry gives bearish outlook on palm oil (Updates prices) By Anuradha Raghu KUALA LUMPUR, Sept 6 (Reuters) – Malaysian crude palm oil futures fell to
PalmOil Veteran Mistry Says Indonesia Has 'Hidden' ReservesBusinessweek


Indonesia could have unreported Palm Oil ReservesNASDAQ
Palm oil slipsBusiness Recorder (blog)
Reuters Africa
all 65 news articles »

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Cahuilla Band of Mission Indians holds Earth Day – Anza Valley Outlook


Anza Valley Outlook

Cahuilla Band of Mission Indians holds Earth Day
Anza Valley Outlook
Early this summer the Cahuilla Band of Mission Indians held their own Earth Day headed up by their Environmental Director Brian Baharie. The Cahuilla Earth Day was a hit and everyone seemed to have a good time. The event was held on the Cahuilla

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