A little more than a month ago, I reported on an EY report, its biannual Renewable Energy Country Attractiveness Index (RECAI), that indicated once again the United States was #1 for renewable energy investment attractiveness. It and China are basically always at the top. A big part of this is simply the scale of opportunity in these major markets (along with the cost-competitiveness of wind and solar).
Earlier this year, the Southwest Power Pool (SPP), the regional transmission organization that manages the electric grid for much of the central United States, set records for the highest share of electricity demand supplied by wind power in both a single-hour period (72%) and a full day (62%).
Good bye, coal. Hello to natural sunlight being our dominant form of energy again.
The 419 MW Mesquite Star wind farm was just completed in Fisher County, Texas, and is now providing electricity for Ecolab, Lowe’s, Intuit, and Brown University. In the case of Intuit (which you may have used to do your taxes this year), the company has now reached its 100% renewable electricity goal. As the headline notes, it has reached that goal 10 years earlier than it had committed.
The world needs more renewable energy. But where it gets built must not place added burdens on underserved communities.
What it you held a renewable energy auction and nobody from the wind energy industry showed up? That’s what happened in Germany last week.
Yesterday, the price of oil dropped below the $0 line. For the first time in history, the price was negative. Bloomberg reports that the price reached minus $37.63 per barrel. This means oil companies are paying people to haul oil away because they have so much of it, more is on the way, and they have to make room for the new oil deliveries already en route.
Her majesty the Queen Margrethe II of Denmark says she is not convinced that human activity is the primary cause of the current climate change? Nevertheless, it just might be the work on the green energy transition that most effectively will get us back on track after the corona crisis. Experts and organizations now want a green emergency plan for restoring Denmark’s economy, regardless of the Queens assumptions I presume.
Wind energy is offering hope for American farmers amid tough times. In an article by Time Magazine, the plight of American farmers is brought into focus. “They’re trying to wipe us off the map,” says the subheading that quotes one of the farmers interviewed in the article.
Kenya’s installed generation capacity is sitting at over 2,700 MW, which now exceeds the current peak demand of around 1,900 MW. At night during the off-peak periods, this demand goes down even further, to about 1000 MW. So where can all this excess and very clean nighttime electricity go?
