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Europe: +44 (0) 207 198 1634 Equities and the economy (Today’s Blog will be briefer than normal because I had an early morning meeting) Outstanding! That describes yesterday’s performance for U.S. stocks. The Dow raced higher by 187 points, 1.06%, ending at 17,908, the S&P 500 rose 21, 1.0%, to 2,082 and the Nasdaq added 75, 1.6%, finishing at 4,947. The […]
New York State has pledged to be a leader in renewable energy. Developing this 127 square mile wind farm would be a huge step towards achieving that goal. Construction of a wind farm off Block Island, R.I., began in July, with a barge carrying pieces of foundation that were to be sunk and stabilized in […]
New Jersey is looking to become the renewable energy leader in the Northeast with a goal of 80% renewables by 2050. With many states pushing for more and more renewable energy options and those renewable options becoming cheaper and cheaper, now is a good time to begin exploring long-term renewable energy options. Eighty percent of […]
Green energy is good, right? Indeed, but the “Duck Curve” presents an interesting side effect of having more renewable energy generation sources in the market. The article below is an fascinating must read. Check it out. Wind and solar power are pretty great, especially the part about how they don’t create pollution that kills people […]
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 […]
ERCOT reported a 2.2% increase in energy usage within its region of Texas in 2015, fueled by a record-breaking summer that brought a new peak demand record approaching 70,000 MW. The Texas grid operator released a report Jan. 15 that indicated the system consumed 347,522,945 MWh of electricity last year, nearly 7.5 million MWh more than in […]
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 […]
Wind generation in November blew through a 31-month-old record share of total energy in the Electric Reliability Council of Texas, a new report shows, and an expert said it contributed to ERCOT’s low on-peak power prices that month. Wind farms supplied 18.4% of the independent system operator’s total load in November, compared with October’s 12.3%, […]
Solar farms in California. California’s “million solar roof” program mirrored Germany’s “hundred-thousand solar roof” initiative that began a few years ago. Credit Monica Almeida/The New York Times PARIS — One is a European country known as “the powerhouse of Europe” that struggles against soggy winters and seemingly endless gray skies. The other is a digitally […]
