Electricity from all forms of renewables will be consistently cheaper than fossil fuels by 2020
Akshat Rathi for Quartz: Renewable electricity is already competitive with fossil-fuel power. Better still, the report makes the extraordinary prediction: By 2020, all forms of renewable electricity will be consistently cheaper than power produced by burning fossil fuels.
U.S. Solar Market Notches Another Quarter of 2 GW Growth, But Uncertainty Holds Back Installations
The U.S. installed more than 2 gigawatts (GW) of solar photovoltaics (PV) in the third quarter of 2017, despite experiencing higher prices across all market segments and major policy uncertainty.
Industrializing Offshore Wind Energy Development
University of Delaware: UD-led research team determines that constructing offshore wind turbines in port is the most cost effective method
Offshore wind farms have powerful advantage over land-based turbines, study finds
Eli Kintisch for Science: Floating wind turbines at sea could create up to three times as much electricity as turbines on land, increasing the energy potential for a technology that has yet to be proven at scale.
Wind Energy Sector Growth: UK & Beyond
From wind turbines to wave power, renewables is a buoyant market. However, its wind power that has made the most significant impact on how we generate and use energy - and were becoming increasingly reliant on it as an energy source.
Berkeley Lab's "Utility-Scale Solar 2016" Finds Solar Power Increasingly Competitive
While focused on key developments in 2016, this report explores trends in deployment and project design, installed project prices, operating costs, capacity factors, and power purchase agreement (PPA) prices among both utility-scale photovoltaic (PV) and concentrating solar thermal power (CSP) projects.
One of the biggest criticisms against wind and solar energy has been quashed
Akshat Rathi for Quartz: Wind and solar energy helped avoid between 3,000 and 12,700 premature deaths in the US between 2007 and 2015.
Leaked Draft of DOE's Grid Study Says Renewables Are Not a Threat
Julia Pyper for GTM: But will that language make it into the final version?
New Tool Predicts the Cost Effectiveness of Electric Energy and Storage
Dom Galeon for Futurism: "An informed understanding of the potential future costs of electricity storage technologies is essential to quantify their uptake as well as the uptake of low-carbon technologies reliant on storage," the researchers wrote.
Global Wind and Solar Costs to Fall Even Faster, While Coal Fades Even in China and India
This year's forecast from BNEF sees solar energy costs dropping a further 66% by 2040, and onshore wind by 47%, with renewables undercutting the majority of existing fossil power stations by 2030
China continues to lead global wind energy market, says new report
Anmar Frangoul for CNBC: Released on Tuesday, the GWEC's Global Wind Report: Annual Market Update forecasts nearly 60 GW of wind installations this year, with cumulative installed capacity seen reaching more than 800 GW by the end of 2021.
Report: Fortune 500 Companies accelerating Renewable Energy Efforts
Clean energy actions saving companies $3.7 billion a year, cutting annual carbon pollution equivalent to 45 coal-fired power plants
Unsubsidized wind and solar now the cheapest source for new electric power
Lucas Mearian for Computer World: Between 2015 and 2021, China is expected to install 40% of all worldwide wind energy and 36% of all solar
NREL Publishes Landmark Residential Solar PV + Energy Storage Cost Breakdown
Joshua S Hill for CleanTechnica: The US National Renewable Energy Laboratory has published a landmark report extensively detailing component and system-level cost breakdowns for residential PV solar systems equipped with energy storage.
The decreasing cost of solar systems has been well documented over the last several years, with increased innovation and decreasing manufacturing costs combining to make solar PV a competitive and economic choice for residents and utilities across the United States, and in fact the world. As such, the costs attributed to the development of residential and utility-scale solar projects has been well defined for some time - even though that figure keeps decreasing.
Global Annual Installed Capacity of Small and Medium Wind Turbines is Expected to Exceed 446 MW in 2026
Despite weakening policy drivers and competition from declining solar PV prices, the SMWT industry is still poised for growth. With a large amount of wind resource potential still available, plus several growing and emerging markets, the industry is anticipated to sustain itself into the foreseeable future. Click to tweet: According to a new report from @NavigantRSRCH, the global installed capacity of SMWTs is expected to grow from 176.4 MW in 2017 to 446.0 MW in 2026.
"With historically leading markets such as the United States, the United Kingdom, and China seeing declining annual installed capacities of small and medium wind in recent years, other countries such as Japan, Denmark, and Italy are emerging as forces in the distributed wind market thanks to favorable government incentives," says Adam Wilson, research associate with Navigant Research. "We're also seeing a shift with medium-sized turbines as their niche slowly shrinks as drivers continue to favor small wind turbines for distributed wind and larger multi-megawatt turbines dominating utility-scale applications." Full Press Release:
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