A “Supercharge” Of Renewable Energy Development Is Taking Place Around Us
Cost reductions are expected to provide certainty to investors in renewable energy projects and continue to accelerate an already robust transition.
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Renewables to Equal 22% of U.S. Electricity Generation in 2022 — U.S. EIA Forecast
U.S. electricity generation from renewable sources, such as hydropower, wind, and solar, accounted for 20% of electricity generation both in 2020 and in 2021. We expect that share to increase to 22% in 2022 and to 24% in 2023 as more generating capacity from wind and solar come online and … [continued]
U.S. Wholesale Electricity Prices Higher In 2021 From Higher Natural Gas Prices
Average wholesale prices for electricity at major trading hubs in the United States were higher in 2021 than in 2020 as increasing costs for power generation fuels, especially natural gas, pushed electricity prices higher in the second half of 2021. Constraints on electricity supply as a result of cold weather … [continued]
GM Begins BrightDrop EV600 Production, Moves Renewable Energy Target Forward
GM has begun small scale production of the BrightDrop EV600 delivery van.
The Best Electricity Plan: Overbuild Solar & Wind Power Plants
More than 8 years ago, researchers from the University of Delaware (UD) and Delaware Technical College (DTCC) put forward a rather “radical” idea — to deal with wind and solar power’s intermittency while also acknowledging wind and solar power’s falling costs, why not just overbuild wind and solar power plants in the future?
Bribery! Corruption! Renewable Energy! (Whelp, 2 Of 3 Ain’t Bad)
Crazy state of play in Ohio for renewable energy stakeholders, as accused nuclear power schemers pull a fast one with $60 million in bribes.
2.3 Gigawatts Of USA Wind & Solar Projects Get Investment From ENGIE & Hannon Armstrong
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).
Why It’s Short-Sighted To Do Centralized Planning In A Decentralizing Electricity Grid
With financial rewards tied to building big things, and a 100-year history of doing so, utilities overlook distributed energy resources like rooftop solar. State regulators, expecting the grid future to unfold from a utility’s central plan, rarely push back. But the truth is that central planning may cost everyone (except utility shareholders) more, because the most cost-effective electricity system can be built from the bottom up.
Wind & Solar PPA Price Index Drops 2.3% in Q1 2019
The cost of commercial and industrial scale solar and wind power is still headed down. Power purchase agreement (PPA) contract prices examined in five independent energy distribution territories in the country showed indexed prices down by $0.39/megawatt-hour, or 2.3% during first quarter of this year compared with the fourth quarter of 2018, according to LevelTen Energy’s latest report in May.
Mapping New Jersey’s Clean Energy Future
New Jerseyans are looking to policymakers for smart decisions that will enable clean, affordable, accessible energy for all. Distributed solar and batteries, and the innovation and efficiency offered by third-party competition, should be a key piece of delivering on the ambitious goals set forth by Governor Murphy’s Energy Master Plan.
