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Dramatic Global Growth Predicted for Geothermal Power

A new report from BCC Research says geothermal energy is expected to grow rapidly around the world 2015 to 2020.  Geothermal energy is generated from within the Earth, including from underground stores of molten magma, shallow grounds and hot rocks and hot water found beneath and at our planet’s surface.  Globally, in 2015, geothermal energy had a total installed capacity of 12.2 GW in 2014, with a market value of 12.9 billion. North America leads the way with 41.8 per cent of the...

SCOTUS Strikes Down Maryland Power Subsidy Scheme

The U.S. Supreme Court struck down a Maryland electricity subsidy scheme on April 20, 2016, concluding in a unanimous decision, in Hughes v. PPL EnergyPlus, the arrangement impermissibly interfered with federally regulated wholesale electric power markets. Maryland’s Public Service Commission solicited bids for the development of a new power plant in the state, ultimately accepting a proposal for a natural gas plant by CPV Maryland. Maryland committed to protecting CPV from competition in the...

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