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.
After a colossal year of energy policy activity across the states, the Interstate Renewable Energy Council (IREC) calls out some favorite 2018 success stories in its 2019 Clean Energy States Honor Roll, announced today.
In addition to renewable energy, this new bill also includes an aim to boost solar power's influence by 2041. Despite the attention and positive support, we should note that the bill hasn't yet been signed and will be reviewed by Mayor Muriel Bowser.
Design for system that provides solar- or wind-generated power on demand should be cheaper than other leading options.
Most powerful land-based turbines to date emerge as U.S. wind power continues strong growth
NREL to Lead $5 Million Initiative to Reduce Energy Use and Increase Energy Efficiency of Major Transportation Hub
Study will identify how electrification, connectivity, and automation can significantly improve energy-efficient transportation of people and goods
The Skysource / Skywater Alliance, based in Venice Beach, California, received a grand prize of $1.5M for developing an easily deployable high-volume water generator that can be used in any climate
GreenBlu Begins $1.6 Million U.S. Department of Energy Award to Commercialize Adsorption Desalination Technology
New technology to make zero-carbon, zero-discharge desalination and wastewater treatment affordable
Successful asset managers are able to stay in control by setting the right priorities and by creating a checking system to ensure that nothing falls between the cracks.
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.
Allison Mills for Phys.org: Distributed microgrid tech can secure the electrical grids at military bases to reduce the impact of cyberattacks, physical attacks from terrorists and natural disasters.
Clean energy actions saving companies $3.7 billion a year, cutting annual carbon pollution equivalent to 45 coal-fired power plants
Nichola Groom for Reuters: A year after Congress extended generous tax credits for renewable energy projects, the U.S. wind industry is thriving. Solar power companies, meanwhile, are hunkering down for a rough 2017. The tax credit renewal has boosted the long-term outlooks for both industries. But in the short term, the subsidies are far more attractive for wind power, which has spurred utilities to launch wind projects while they scale back or delay solar installations. Advances in wind turbine technology are also opening up new locations for development and driving a wave of spending to upgrade existing projects. In the last few weeks, power companies with large renewable holdings - including Southern Co, NextEra Energy Inc and Xcel Energy Inc - have announced plans to invest billions of dollars in wind. "We're making a pivot now away from solar," Southern Chief Executive Tom Fanning told a meeting with Wall Street analysts in October. Cont'd...
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