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Europe: +44 (0) 207 198 1634 Critics of renewable energy say that renewables will never provide 100% of our energy needs. Germany is coming close after 87% of consumed power was supplied by the country’s renewable energy sources. On Sunday, May 8, Germany hit a new high in renewable energy generation. Thanks to a sunny and windy day, at one point […]
2015 was a huge year for green energy, where over 60% of added capacity came from renewable sources. New capacity from nuclear, coal and oil will continue to decline. Looks like our green energy future may be closer than we think. It was quite a year for renewable energy. 2015 set the record for new […]
Source: U.S. Energy Information Administration, based on SNL Energy Wholesale electricity prices at major trading hubs on a monthly average basis for on-peak hours were down 27%-37% across the nation in 2015 compared with 2014, driven largely by lower natural gas prices. Because natural gas-fired generation sets the marginal price in many markets, wholesale electricity […]
Getting to 100% renewable energy in the US by 2050 is a goal that is gaining traction among the US public. Reports from many environmental organizations have been written on how to get to this target, including from Greenpeace and the World Wildlife Foundation. After last year’s COP21 conference, the momentum has gotten stronger in […]
In the waters of Lake Ontario, Canada, a hugely significant energy development is taking place. Hydrostor is a company specializing in underwater compressed energy storage. Their idea addresses a significant issue facing renewables: the question of how to store energy to be used when the sun is not shining or winds aren’t strong enough. “The […]
Back in 2009, a colleague started laughing as I was explaining how El Niño affects energy markets in the Americas. When I asked why, he told me to Google ‘Chris Farley El Niño’. While Chris Farley’s short skit (in which the late comedian, dressed as an overweight wrestler, dramatically explains that “El Niño is Spanish […]
For over a century, Aspen, Colorado, has been a pioneer in the renewable energy community. Earlier this year, the city achieved a new milestone in reducing its carbon footprint. In August, Aspen became the third community in the United States to use only renewable energy as the source for electricity, joining Burlington, Vermont, and Greensburg, […]
FERC puts renewables at 17.4% of total installed U.S. generating capacity, including 8.59% hydro, 5.91% wind (68,830 MW), 1.43% biomass, 1.13% solar (13,180 MW), and 0.34% geothermal steam. No new nuclear capacity was added in 2015, and only 9 MW of oil and 3 MW of coal. Because of differing capacity factors, the U.S. Energy Information Administration (EIA) […]
AUSTIN, Texas – The world can transition to 100 percent renewable energy by the year 2050, according to a new report from Greenpeace. The plan calls for phasing out oil and gas at a rate that matches the depletion of existing fields, and warns exploration for new fields should be seen as high-risk investments since those fossil […]
Batteries are hot, but utilities looking to store a lot of power may find cheaper options elsewhere All the talk in the electric utility industry these days seems to be about battery storage, but there are other ways to save generated electricity for later. With more demanding state renewable portfolio standards, the finalization of the […]
