At-a-Glance: A transition to renewable energy is not just one of the most consequential tools at our fingertips to act on climate, but also represents a great opportunity to increase control over our energy choices, improve the health of our communities and the planet, create jobs and wealth, and much more. For more read A Read more →
At-a-Glance: Wärtsilä recently signed a 10-year service agreement with Mailicounda Power SAS of Senegal in order to strengthen the power plant and secure supply to Senegal’s grid. The $167 million Malicounda Power project is being developed by a consortium of partners, including Africa50, Senegalese utility Senelec and local developer Melec PowerGen. To learn more read, Read more →
At-a-Glance: In December of 2021, renewable energy sources accounted for nearly 24% of electricity generation across the U.S. Wind energy accounted for 11.9(, and solar accounted for 2.7%. These stats are an increase in comparison with previous years’ data, revealing that the new solar and wind power capacity does lead to noticeable increases in electricity Read more →
At-a-Glance: At-a-Glance: Wärtsilä’s Vice President of Energy Storage and Optimization, Andy Tang, details that the energy storage industry is in its infancy of a global pricing reset which will impact deployments for years to come. Yet, there are solutions that can help energy providers navigate the dynamics of the shifting market. To learn more, read, Read more →
At-a-Glance: Wind is an abundant natural resource on Earth that occurs as a result of the sun unevenly heating the surface of the planet. As hot air rises, cooler air moves in to fill the void. Wind has long served as a power source to humans, from powering ships across the sea to farmers relying Read more →
At-a-Glance: President Biden aims to decarbonize the U.S. power sector by 2035 and to be net-zero by 2050. His administration considers clean energy to be any facility that produces no CO2 or that can capture carbon and bury it, which keeps natural gas in the fold. The U.S. Energy Information Administration says that natural gas Read more →
At-a-Glance: DOE publicly launched the Puerto Rico Grid Resilience and Transition to 100% Renewable Energy (PR100) study in February. After back-to-back natural disasters that destroyed around 80% of the island’s power distribution and transmission infrastructure, the U.S. and Puerto Rico will work together to rebuild a resilient, reliable, and robust energy system that will not Read more →
At-a-Glance: The goal to reach net zero by 2050 will not only entail cutting carbon levels, but electrifying the entire economy. Decarbonization technologies have not quite reached the necessary scale – and the pathway will require coordination across federal and state governments to solve innovation, regulation, and market issues. Renewable energy inevitably serves as a Read more →
At-a-Glance: The traditional ways of generating energy were designed for a world of the past, aptly deemed, “fossil fuels.” Transforming the energy sector is a crucial challenge as our reliance on fossil fuels has reigned far too long. Traditional energy companies can be slow to change – probably because they face some unique complications, such Read more →
At-a-Glance: California’s energy transition requires 53GW of solar PV by 2045, with the state’s transmission system requiring a $30.5 billion investment in addition to a major increase in energy storage to accommodate the additional power. A draft version of California ISO’s (CAISO) 20-Year Transmission Outlook report provides a roadmap for the next twenty years, as Read more →
At-a-Glance: Hydrogen topped several of 2021’s headlines within the energy transition narrative. Due to the Chinese, U.S., and European automotive markets – the demand for clean hydrogen is anticipated to quadruple electrolyzer sales. A flurry of hydrogen companies are expected to go public this year, followed by a massive influx of nations releasing their own Read more →
At-a-Glance: Chevron Corp. purchased Renewable Energy Group for $3.1 billion, giving a significant boost to Chevron’s push into renewable fuels. Demand is expected to grow in the coming years as businesses and governments move away from oil and gas to cut carbon emissions. Chevron, like the rest of the fossil fuel industry, is under pressure Read more →
