In our latest Short-Term Energy Outlook, we expect that increased US power generation from new renewables capacity — mostly wind and solar — will reduce generation from both coal-fired and natural gas-fired power plants in 2023 and 2024. With the new solar and wind projects coming online this year, we … [continued]
The United States’ Federal Energy Regulatory Commission (FERC) has apparently “dramatically revised” its three-year forecast for changes in the country’s electrical generating capacity mix, according to the SUN DAY Campaign, with sharp declines expected for fossil fuel and nuclear generation offset by even stronger growth in renewable energy.
US renewable energy sources accounted for nearly 20% of the country’s net electrical generation during the first half of 2018, according to new figures from the US Energy Information Administration, and narrowly beat out that provided by nuclear power.
The American Council on Renewable Energy has this week announced the launch of a new campaign that aims to spur $1 trillion in new US private sector investment by 2030 for the renewable energy sector and enabling grid technologies.
Stop me if you’ve heard this before – renewable energy technologies face global challenges from fossil fuels and a lack of public subsidies, but new financing mechanisms and government mandates may be key to their continued growth.
What’s different now, according to Ernst & Young’s (E&Y) latest “Renewable energy country attractiveness indices,” is how shale gas development and crashing public financing are changing the way renewable energy is funded across the globe…
