What happens when a famously left-leaning city dives into the buttoned-down business of electric utilities? San Francisco may soon find out.
In a first for the country, Germany generated 54.5 percent of electricity from renewable energy in March 2019. This is according to data collected by the Fraunhofer Institute for Solar Energy Systems.
ComEd sees a significant role for energy storage on Illinois’ electric grid as the state works toward realizing its ambitious renewable goals.
Last year was the first time since 2001 that growth in renewable power capacity failed to increase year on year.
Stakeholders including clean energy and community groups are watching closely as ComEd begins the second phase of a microgrid pilot project in Chicago.
Renewables energy investment in Asia excluding China will overtake spending on upstream oil and gas projects in the region as soon as next year, according to Rystad Energy.
State-run NTPC Ltd., India’s largest coal-fired power producer, is appointing a new head of its renewables team to speed up its expansion into clean energy, according to a company official with knowledge of the plan.
On June 12, Target corporation said it was increasing its renewable energy goals by committing to source 100 percent of its electricity from renewable sources by 2030. The goal applies to all of Target’s domestic operations.
BlackRock Real Assets is aiming to boost its renewables power portfolio in Asia by as much as 10-fold as it seeks to keep pace with the world’s fastest-growing region for green energy.
In April 2019, in the heart of coal country, Indiana regulators rejected a proposal by its electric and gas utility, Vectren, to replace baseload coal plants with a new $900 million, 850 megawatt (MW) natural gas-fired power plant. Regulators were concerned that with the dramatic decline in the cost of renewable energy, maturation of energy storage and rapidly changing customer demand, such a major gas plant investment could become a stranded, uneconomic asset in the future. Regulators are now pushing Vectren to consider more decentralized, lower-carbon resources such as wind, solar and storage that would offer greater resource diversity, flexibility and cost effectiveness.
Regulators in a number of states are ratcheting up investigations into competitive retailer behavior and proposing new consumer protection rules. Some states with aggressive carbon emission reduction goals implemented through regulated utility contracts are wondering whether retail competition has a place where a growing portion of energy supply is locked and loaded.
Ireland is set to add 5.8 GW of non-hydro renewable power capacity over the next decade to reach a total 9.6 GW by 2030.
Bernie Sanders wants renewable energy to power U.S. homes and vehicles by 2030 -- and he wants to do it by enlisting the federal government in building and running new solar, wind and geothermal electricity projects.
The Clean Energy Regulator of Australia has approved enough capacity to guarantee that the large-scale Renewable Energy Target of 33,000 GWh of additional renewable energy will be met in 2020.
A new report from the Australian Energy Market Operator (AEMO) forecasts 100 percent of new power in Australia will be generated from renewable energy sources through 2020.
For those clamoring for (and against) the year-end-expiring legislation, and anyone in favor of some tax-code simplification, today the government has offered an early holiday present: proposed reform for some key areas including the production tax credit (PTC) and investment tax credit (ITC).
Alaska’s 720,000 people live in over 200 “energy islands” with no electricity grid connection to each other nor to North America. Smaller communities have no road connection to each other, the rest of Alaska, or the continent. Most energy is imported: diesel for electricity generation and heat; gasoline for transportation. All Alaskans might obtain an annually-firm supply of most of their energy, for all purposes, by converting Alaska’s diverse, stranded, renewable energy (RE) resources to liquid anhydrous ammonia (NH3) fuel, transporting and storing it at low cost in common steel propane tanks, recovering the RE via stationary combined-heat-and-power (CHP) plants, in internal combustion engine (ICE) and combustion turbine (CT) gensets, and via fuel cells, and as transportation fuel. Alaskans could achieve a significant degree of community energy independence, and perhaps export their abundant, stranded renewables as “green” liquid NH3 fuel. Solid state ammonia synthesis (SSAS) appears promising.
Prime Minister David Cameron urged the European Commission to reject calls for a renewable energy target, saying such a plan may cost U.K. consumers 9 billion pounds ($14.8 billion) a year by 2030.
Renewable energy companies will derive more of their funding from bond markets as banks curb lending to the industry, Citigroup Inc.’s head of environmental finance said.
Prime Minister Shinzo Abe’s government stopped short of setting goals for renewable energy in the final version of a draft plan that reinforces atomic power’s role in Japan’s energy future, calling it a vital source of generation.
Prime Minister Shinzo Abe is pushing Japan’s coal industry to expand sales at home and abroad, undermining hopes among environmentalists that he’d use the Fukushima nuclear accident to switch the nation to renewables.
Africa’s renewable energy capacity is expected to quadruple to about 120 gigawatts by 2030 if investors dedicate “substantial flows” of funds to the region, the InternationalRenewable Energy Agency said.
Renewable energy may reap as much as two-thirds of the $7.7 trillion in investment forecast for building new power plants by 2030 as declining costs make it more competitive with fossil fuels.
The European Commission approved the U.K. government’s renewable energy contracts and so-called capacity payments, saying the program that benefits power plants complies with state-aid rules.
France’s planned energy law will mobilize about €10 billion (US $13.4 billion) in investment through tax credits and low-interest loans to spur efficiency and renewable power, Environment Minister Segolene Royal said.
Fossil fuels are reaping $550 billion a year in subsidies and holding back investment in cleaner forms of energy, the International Energy Agency said.
EON SE’s plan to spin off its fossil fuel plants marks a watershed moment in Germany’s renewables effort that will likely bolster the country’s already leading position in clean energy.
India, the world’s third-largest polluter, will spend at least $100 billion on climate-related projects but isn’t ready to follow China and the U.S., the top two emitters, in promising to limit its fossil-fuel emissions.
Statkraft AS, Norway’s state-owned power company, said it plans to plow as much as 60 billion kroner ($8.1 billion) into renewable energy around the world in the coming years after the government boosted its funding.
India said cheaper credit along with foreign investment will help the world’s third-largest polluter fund an ambitious renewable energy program that would build green power plants faster than China.
Investors have spent more than $2 trillion on clean-energy plants in the past decade and last year added more renewable capacity than ever before.
Sweden and Norway will probably exceed a joint target for renewable energy production by the end of the decade, industry consultant Nena AS said.
The European Commission raised concern that the U.K. and France may not meet their 2020 renewable energy targets, saying the two countries should examine whether they’re doing enough to reach the goals.
RWE AG, the German utility whose coal-fired plants make it Europe’s largest carbon emitter, officially started the company’s largest renewables project on Thursday: a wind farm in Liverpool Bay off Britain’s coast.
Renewable energy will draw almost two-thirds of the spending on new power plants over the next 25 years, dwarfing spending on fossil fuels, as plunging costs make solar the first choice for consumers and the poorest nations.
The Energy Transition Club and the REA are hosting a webinar on Wednesday 6 May at 11am for 90 minutes....
Britain has already made great progress in decarbonizing the grid. It looks like there's more to come.
Do you think we need to shift to solar, wind, and geothermal energy? Then show some love this week in order to help grow this important societal transition.
A mix of wind, solar and hydro power could replace fossil fuels in every country in the world.
We still need a ton more renewable energy in order to combat climate change, but the good news is that renewable energy is picking up the pace.
It's not revising up its official targets, but the government is hinting that it may now achieve 225 GW by 2022.
The UK-based renewable energy company Ecotricity recently won an award from the renewable energy agency for South West England for its development of three giant wind turbines at the industrial Avonmouth Docks site on the outskirts of Bristol (which we
Huge wind turbines, solar, wave power, battery storage and a lot of electric cars—these remote Scottish islands may provide a glimpse of the future.
Sony, McKinsey & Company, Royal Bank of Scotland and WeWork are all committing to going all-out for clean energy.