CleanTech OC Daily - 3/30/12

Friday, March 30, 2012

Coal Consumption Drops to Lowest Level Since 1996
With natural gas gaining ground, coal consumption is on the decline. New estimates by the U.S. Energy Information Agency predict that coal consumption in 2012 will fall to the lowest levels since 1996. Coal remains as king, but new rules from the EPA regarding carbon emissions and power plants could help accelerate the decline.

Due to the outage at the San Onofre Nuclear Generating Station (SONGS), SDG&E is looking for ways to deal with the looming problem. They plan to transition to solar to help ease the burden, but there are also plans that will ask consumers to “Reduce Your Use.”

Enphase, Petaluma, CA-based microinverter startup, has gone public after lowering its IPO price to $6.00 per share. Moving forward the company faces challenges with sales amidst increasing competition in a still difficult market.

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