Virgin Asks for Renewable Energy Proposals; Hydropower Gets Boost from U.S. House - Energy Minute for February 26, 2013

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Virgin Asks for Renewable Energy Proposals; Hydropower Gets Boost from U.S. House - Energy Minute for February 26, 2013

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.@Virgin asks for #renewableenergy proposals http://3bl.me/v3zdk8 #Hydropower gets boost from U.S. House http://3bl.me/v3zdk8

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Tuesday, February 26, 2013 - 10:45am

CONTENT: Press Release

Virgin Limited Edition is seeking proposals for a renewable energy project on Necker Island in the British Virgin Islands. Virgin is aiming to reduce and/or eliminate the use of fossil fuels for electricity generation on the island, home to entrepreneur and Virgin founder Richard Branson, and to install renewable energy systems to help reduce costs. The RFPs are being handled by the Carbon War Room, Homer Energy, and Reznick Think Energy. Successful implementation will represent the centerpiece of the 10 Island Challenge program launched by Branson and the CWR at the Rio+20 UN Conference on Sustainable Development in June 2012. That program seeks to help 10 island nations around the world to reduce their dependence on fossil fuels by 2020.

The U.S. House of Representatives has passed the Hydropower Regulatory Efficiency Act of 2013 by a unanimous 422 to 0 vote. The legislation is designed to promote the growth of mini hydro and in-conduit projects by streamlining the Federal Energy Regulatory Commission permitting process for low-impact proposals. According to the National Hydropower Association, hydroelectric sources currently provide about two-thirds of the nation’s renewable electricity with 100,000 megawatts of power. Studies show that an additional 60,000 megawatts of hydroelectric capacity and 1.4 jobs could be created with the right policies in place.

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Video Source: Virgin Asks for Renewable Energy Proposals; Hydropower Gets Boost from U.S. House

Keywords: 3bl Media | Alternative Energy | British Virgin Islands | Carbon War Room | Energy | Energy Minute | Federal Energy Regulatory Commission | Homer Energy | Hydropower | Reznick Think Energy | Virgin Limited Edition

CONTENT: Press Release

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