By Jo Harper Investment in U.S. offshore wind projects are set to hit $78 billion (€69 billion) this decade, in contrast with an estimated $82 billion for U.S. offshore oil and gasoline projects, Wood Mackenzie data shows. This would be a remarkable feat only four years after the first offshore wind plant — the 30 […]
While the nation struggles to find ways to put money in peoples’ pockets and to ramp up the economy so people can get back to work, over $43 billion in low-interest loans earmarked for clean energy projects sits undistributed by the Trump administration, according to The New York Times. The president has long questioned the […]
Cities and counties across the country are choosing to create community choice aggregation (CCA) programs, sometimes known as community choice energy or municipal aggregation. In this alternative system, municipalities can secure the electricity supply and determine the electricity portfolio on behalf of their customers, while still relying on existing infrastructure to deliver the electricity. By […]
Renewable energy made up almost three quarters of all new energy capacity added in 2019, data released Monday by the International Renewable Energy Agency (IRENA) shows. That’s a record breaking figure, The Guardian reported. As is the fact that more than one third of global power is now provided by renewable sources like wind and […]
Germany’s target for renewable energy sources to deliver 65% of its consumed electricity by 2030 seemed on track Wednesday, with 52% of electricity coming from renewables in 2020’s first quarter. Renewable energy advocates, however, warned the trend is imperiled by slowdowns in building new wind and solar plants. The federal BDEW energy and water federation […]
By Paul Brown The amount of energy generated by tides and waves in the last decade has increased tenfold. Now governments around the world are planning to scale up these ventures to tap into the oceans‘ vast store of blue energy. Although in 2019 the total amount of energy produced by “blue power” would have […]
The growing demand for renewable energy led to record setting growth in wind power capacity as technology has made harnessing wind power increasingly efficient and more wind farms have been completed and have joined the electrical grid, according to The Telegraph. The Global Wind Energy Council reported that in 2019 wind power capacity grew by […]
Virginia, which now has a Democrat as governor and Democrats in control of the statehouse, has followed the lead of several other blue states and committed itself to transition away from fossil fuels to a clean, renewable, carbon-free energy, as Vox reported. It makes Virginia the first state in the South to commit to 100 […]
A new report shows that investments in coal plants may be a waste of money as renewables are cheaper than new coal plants, according to new research from the financial think tank Carbon Tracker Initiative. The new research, released today, shows that nearly $640 billion of investment in coal power capacity worldwide is at risk […]
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