What’s going on in the world today? Price cuts for LED bulbs, the future of wind and marine energy, and a boost on green funding from both sides of the pond.
1. “Rebates to Cut Price of $60 LED Bulb” – Phys.org – A new LED bulb from Philips is state-of-the-art, is designed to last 20 years and give off a natural, pleasant light, but thanks to all these features, it can run up to $60. However, thanks to a grant from the government and rebate deals with utility companies, that price will drop to about $22; LEDs, however, must still content with the much cheaper and just-as-efficient compact fluorescent bulbs.
2. “Behind the Wheel of Ford’s First Electric Vehicle” – Wired – The folks at Wired take the 2013 Ford Focus Electric for a spin, and report that it beats the Nissan Leaf in charge time and in driving pleasure. One of its weak points? Overly enthusiastic brakes.
3. “Wind Power Capacity to Double by 2016 After US Dip, Lobby Says” – Bloomberg – The wind industry lobby has estimated that worldwide wind power capacity will jump from 238 to 493 gigawatts by 2016, thanks to emerging markets like India and Brazil. This is in spite of shrinking margins and market slumps, especially in the US, thanks to Chinese competition and loss of tax credits.
4. “A Swell Chance to Harness Wave Energy” – The Australian – Ali Baghaei’s Syndaey-based company, Oceanlinx, is currently in the application process for federal funding for the Oscillating Water Column, which could be the next big step in wave energy technology. A grant from the Australian government would allow Oceanlinx and its technology to reach the commercialization level.
5. “EU and US Step Up Green Development Funding” – Business Green – The European Union recently announced plans to fund a plan to provide people in developing nations power via renewable, clean sources, with the goal of reaching 500 million people by 2030. Meanwhile, two new chairs of the UN’s program for climate financing program were announced, who will look at a variety of climate- and clean energy-related projects.