Key Takeaways: Solar, wind, hydropower & biomass costs dropped by double digit percentages last year Wind & solar energy costs fell to as low as $0.03/kWh in some regions IRENA forecasts another decade of price drops for renewables Just when it seemed renewable energy costs couldn’t fall any further, they did. The price of solar, Read more →
Key Takeaways: Nation’s fourth largest city receives 92% of electricity from wind and solar Severe weather events like Hurricane Harvey spurred Houston renewable energy plan Among highest per capita emitters in transportation, city now seeks to lead electric vehicles market. Leave it to Houston, a global capital of oil & gas corporations, to set a Read more →
Key Takeaways: A group of senators wish to extend wind and solar tax credits Renewables industry backs plan to keep Production Tax Credit and Investment Tax Credit alive “ITC has generated hundreds of thousands of jobs and injected more than $140 billion into economy” Twenty U.S. senators are working to extend the wind Production Tax Read more →
Image Credit: TheGuardian.com, The San Gorgonio wind farm near Rancho Mirage in California. Photograph: Xinhua/Barcroft Media Key Takeaways: Clean power generates 23% of the nation’s energy, with coal at 20% Renewables nationwide produced close to 70 million megawatt-hours of electricity BNEF predicts half the world’s electricity will be produced by renewables by 2050 This April, Read more →
Image Credit: OPPD – Visitors view components of the Omaha Public Power District’s Sholes Wind Farm under construction near Wayne, Nebraska in November 2018 Key Takeaways: The OPPD board of directors set to begin carbon reduction initiatives Recent flooding, climate fears, and public concerns driving the change OPPD will use a new 160MW wind farm Read more →
Key Takeaways: Insurance giant sets precedent by developing policy based on climate change Existing investments and insurance policies with coal-associated companies to phase-out in 2022 Market economics and fears about climate change costs could drive a trend among global insurers The Swiss insurance giant Chubb in early July announced that it is halting all business Read more →
Key Takeaways: Ratepayers would save $1.7 billion if Colorado closes 10 coal plants early Savings increase to $18 billion when factoring a potential cost of carbon Securitization law lets utilities refinance debt on existing coal plants while transitioning to renewables When it comes to weighing the costs and benefits of renewable energy versus fossil fuels, Read more →
Key Takeaways: American companies are investing in renewables because it serves their bottom line “Virtual Power Plants” are becoming popular as companies sign solar power purchase agreements Big names like Amazon, Apple, Microsoft, Facebook, and Walmart are leading renewables investment Industrial giants in the United States—from tech behemoths like Apple and Facebook to corporate mainstays Read more →
The clean energy transition continues to gain pace. Wind Power Statistics The state of Texas now ranks first in the nation for installed wind capacity and number of turbines, according to the US Energy Information Administration. (EIA, July 2019) At least one installed wind turbine can be found in 41 states. Naturally, as the saying Read more →
Key Takeaways: Understanding the purpose of Renewable Portfolio Standards (RPS) A breakdown of how states are setting their renewable goals Where to find the latest information on renewable progress in the U.S. By the end of 2018, a total of 29 states and the District of Columbia elected to make the transition to clean energy Read more →
Takeaways: U.S. Conference of Mayors includes leaders from 1,400 cities across America Mayors are calling on Congress to establish carbon pricing and more “We need elected leaders in Washington to do what many mayors are already doing at home” Hundreds of mayors from around the U.S. this summer collectively urged Congress to put a price Read more →
Takeaways: Financial institution surveys show high confidence in renewable energy growth over the next three years Low investment costs, clean energy targets across U.S., increased corporate demand all driving growth Beyond 2022? Need storage solutions, grid upgrades, markets that value flexible generating assets Starbucks, like many Fortune 500 corporations, knows what it means to invest Read more →
