Renewables may play a key role in the longterm recovery of the global economy and a proactive response to climate change. By providing more jobs in a variety of industries and transitioning to a more equitable economy, renewables are essential to handling the unemployment crisis.
In two-thirds of the world, renewable sources of power are more affordable than carbon-based electricity. This shift represents a substantial victory for green energy, as it may offer the push the industry needs to become the new norm. Here's how this monumental shift happened.
To understand the effects the crisis could have on the renewable energy market, we conducted a survey of project developers, analyzed data from the LevelTen Marketplace, and talked to our customers. Here are five key takeaways.
The success of the sustainable energy industry is challenging to determine at this time. While it has some of the same obstacles to overcome as other industries, there are also some promising signs.
Energy's deathprint is the number of people killed by one kind of energy or another per kWhr produced. Coal is the worst. According to the World Health Organization, the Centers for Disease Control, and the National Academy of Science.
There are currently 71 waste to energy (WTE) plants in the United States. WTE plants only account for 0.4% of total electricity generation, although there is great potential to increase this percentage in the future.
Over the next 5 to 10 years, renewable energy will assume a more prominent role as a main power source for power grids. Solar power, in particular, as the most noteworthy form of renewable energy, has a particularly bright future.
Renewable power is right at our fingertips. With the help of new technology, water bodies like oceans, lakes and rivers can provide a substantial amount of clean electricity.
Major shifts - including new technology, rising oil prices and a changing climate - are encouraging investors to look to new energy sources. In 2020, power consumption and the industry as a whole is expected to grow significantly.
Per unit of energy, biomass power plants emit more carbon dioxide from their smokestacks than coal plants. And cutting down older trees and replacing them with saplings reduces the amount of carbon stored in that forest, even under a best-case scenario.
Onshore wind power in the U.S. officially passed 100 GW in October of this year. Looking forward, the Energy Information Agency also expects that a record breaking 14.3 GW of wind will come online in 2020.
The five participating companies were selected through a multistage competitive evaluation and are focused on advancing novel utility grid or electric vehicle charging technologies - the areas of focus identified for this cohort.
The annual increase of 7.9 per cent was bolstered by new additions from solar and wind energy, which accounted for 84 per cent of the growth. A third of global power capacity is now based on renewable energy.
This year's edition is the first to include data and trends for electric vehicles and energy storage technologies, in addition to data-centric charts for wind, solar, hydropower, and alternative fuels.
Lazard stated that building and operating solar and wind facilities will now be cheaper than running a coal plant in particular areas of the US. As a result, it is actually leading to the closure of many coal plants across the country.
Records 1 to 15 of 39
Our RE Series batteries are designed to provide the highest peak capacity, longest cycle life, and greatest reliability for use in industrial or residential renewable energy applications. Renewable Energy Series batteries utilize the company's exclusive XC2™ formulation and Diamond Plate Technology® to create the industry's most efficient battery plates, delivering greater watt-hours per liter and watt-hours per kilogram than any other flooded lead-acid battery in the market. Our Deep Cycle batteries are engineered to work with solar panels as well as other renewable energy applications.