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Europe: +44 (0) 207 198 1634 Renewable energy has long been seen as the energy of tomorrow – widely praised for its low carbon qualities but seen as too expensive compared to traditional forms of energy such as coal and gas. But new research says that the cost of generating electricity from onshore wind is cheaper today than coal and gas […]
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 […]
The federal government is lending a hand to the struggling wind energy sector by leasing almost 350 acres of the ocean floor off the New Jersey coast for turbines, according to NorthJersey.com. The plan is to auction two leases between Nov. 9-13. The seafloor at auction could potentially support turbines that generate 3,400 MW of electricity, […]
From the decline of coal power to the rise of energy storage, big changes are taking hold in the industry By now, it’s become cliché to suggest that the utility industry is on the brink of a massive transformation. Analysts told us this would happen — the traditional electric utility model would be upended, and […]
Wind farms in the Electric Reliability Council of Texas’ footprint set a new output record of 11,467 MW at 10:56 pm CDT Sunday (0356 GMT Monday), the grid operator said Monday. ERCOT’s previous wind generation output record was 11,154 MW, set on February 19. Texas has the highest installed wind capacity of any state in […]
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 […]
Automated energy efficiency, dubbed ‘flexiwatts,’ could change how we consume energy for good Solar and battery storage are commonly noted as the biggest threats — and opportunities — for the utility business model, but a new report shows that when consumers use their electricity may matter just as much to utilities as if they produce […]
US President Barack Obama delivers remarks at a Clean Power Plan event at the White House in Washington, DC, August 3, 2015. (JIM WATSON/AFP/Getty Images) WASHINGTON (AP) — Pushing back against fossil fuel interests, President Barack Obama is pressing to give ordinary Americans more power to choose what kind of power they use. The president, […]
Natural gas, solar power and data-driven efficiency are making big gains, but history shows that the shift away from coal and oil won’t be fast or neat The Crescent Dunes Solar Energy Project, a 110-megawatt solar thermal power facility, near Tonopah, Nev., June 26, 2014. Officials with the project say they expect it to start […]
There are three important things utilities need to know about wind right now. The first is what the U.S. Energy Information Administration concluded about wind’s role in Clean Power Plan (CPP)-imposed greenhouse gas emissions (GHG) reductions. The second is how to compare today’s record low natural gas prices with today’s record low wind prices. And […]
