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Renewable power capacity is forecast to increase by 50% between 2019 and 2024, the International Energy Agency (IEA) said. According to its Renewables 2019 market report, the increase will amount to 1,200 gigawatts (GW) and be driven by drops in cost and what the IEA described as concerted government policy efforts. Capacity refers to the maximum amount that installations can produce, not what they are currently generating. In 2018, renewable capacity hit just over 2,500 GW. If the IEAs forecast plays out, it would bring total renewable capacity to approximately 3,700 GW by 2024. Solar photovoltaics (PV) are due to make up nearly 60% of the expected rise, with the onshore wind sector accounting for 25% and offshore wind responsible for 4%. Photovoltaic refers to a way of directly converting light from the sun into electricity. The IEA said that distributed solar PV systems installed on commercial buildings, homes and in industry would make up nearly half of the increase in the solar PV market. Overall, renewables share in worldwide power generation is seen growing from 26% now to 30% in 2024. For 2019, renewable power capacity additions are seen increasing by 12% following a stall last year. Growth this year is being driven by solar PV, which has benefited from rapid expansion in the European Union, a stronger Indian market and an installation boom in Vietnam. Growth in the onshore wind sector is also cited as a contributing factor.
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Global investment in new renewable energy capacity over this decade 2010 to 2019 inclusive is on course to hit USD 2.6 trillion, with more gigawatts of solar power capacity installed than any other generation technology. This investment is set to have roughly quadrupled renewable energy capacity (excluding large hydro) from 414 GW at the end of 2009 to just over 1,650 GW when the decade closes at the end of this year. Solar power will have drawn half USD 1.3 trillion of the USD 2.6 trillion in renewable energy capacity investments made over the decade. Solar alone will have grown from 25 GW at the beginning of 2010 to an expected 663 GW by the close of 2019 enough to produce all the electricity needed each year by about 100 million average homes in the USA. The global share of electricity generation accounted for by renewables reached 12.9 per cent, in 2018, up from 11.6 per cent in 2017. This avoided an estimated 2 billion tonnes of carbon dioxide emissions last year alone a substantial saving given global power sector emissions of 13.7 billion tonnes in 2018. Including all major generating technologies (fossil and zero-carbon), the decade is set to see a net 2,366 GW of power capacity installed, with solar accounting for the largest single share (638 GW), coal second (529 GW), and wind and gas in third and fourth places (487 GW and 438 GW respectively).
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According to a new report by the International Renewable Energy Agency (IRENA), unsubsidized renewable energy is now most frequently the cheapest source of energy generation. The report finds that the cost of installation and maintenance of renewables, which was an important stumbling block to mass adoption, continues on a downward trajectory. These new statistics demonstrate that using renewable energy is increasingly cost-effective compared to other sources, even when renewables must compete with the heavily-subsidized fossil fuel industry. These lower costs are expected to propel the mass adoption of renewables even further. Among other findings the IRENA report highlights that: Onshore wind and solar PV [photovoltaic] power are now, frequently, less expensive than any fossil-fuel option, without financial assistance. New solar and wind installations will increasingly undercut even the operating-only costs of existing coal-fired plants. Cost forecasts for solar PV and onshore wind continue to be revised as new data emerges, with renewables consistently beating earlier expectations. Further data from REN21's Renewable Global Status Report show that over one fifth of global electrical power production is now generated from renewables. Promising signs in the IRENA report show that ... an increasing number of corporates are entering the renewable energy industry ... meanwhile more than 10 million people are now employed in the global renewable energy industry.
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While most countries are struggling to reach their renewable energy targets, others are breezing past them. Thanks to both its geography and impactful policies, Sweden is set to achieve its 2030 goals in mere months. In 2012, years before the Paris Agreement, Norway and Sweden signed a joint agreement to increase production of electricity from renewables by 28.4 terawatt hours within eight years. It only took a few years for Sweden to realize it was ahead of schedule, and in 2017, it increased its target, aiming to add another 18 TWh by 2030. Lo and behold, once more, Sweden is moving much faster than anticipated and now theres a good chance it will reach the 2030 goal in mere months maybe even by the end of the year. Wind energy is one of the main drivers propelling Swedens renewable targets forward. According to the World Economic Forum ... there will be 3,681 turbines functioning in the country by the end of the year. But this is only the start of the road for Sweden. Sweden already has a cross-party agreement to achieve 100% renewable energy production by 2040, and the figure is already hovering around 57%. The country has also set a target of net zero emissions of greenhouse gases by 2045. According to the Paris Agreement, all EU countries have agreed to achieve 20% final energy consumption from renewable sources by 2020.
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This week, two of the biggest economies in Europe set new records for clean energy. The UKs electrical grid has not burned any coal for about 1,000 hours so far this year. Though its just a symbolic achievement, the pace at which the UK is reaching such figures shows the pace of the energy transition. In 2016 and 2017, the comparable figures for the full year stood at 210 hours and 624 hours, respectively. There are two reasons for the shift: a carbon tax on coal has made cleaner natural gas more attractive, and subsidies for solar and wind power have ensured wider deployment of new clean-energy technologies. Germanys case has been slightly different. Though it began pushing for renewable energy much earlier than the UK, its gains have been slower. The coal lobby in Germany is a lot stronger than in the UK. But as the costs of renewable energy have come down, change is finally showing. In 2018 so far, coal generated about 35.1% of the countrys electricity. In comparison, renewable sources, such as solar, wind, and biomass, generated about 36.5%. At the half-year mark, its the first time in Germanys history that renewables sources have generated more electricity than coal. Such records and falling renewable costs have made it easier for the EU to set more ambitious clean-energy goals. Last month, the blocs member nations agreed that each country must get 32% of all its energy from renewable sources by 2030.
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Protesters mainly women are defying police and energy companies in non-violent environmental activism. Way out in the Appalachian hills ... an orderly clutch of tents were surrounded by a plastic yellow ribbon that read, police line do not cross. Past that, a woman sat on top of a 50ft pole. Opposite the knot of tents where the womans supporters kept 24-hour vigil lay an encampment of police, pipeline workers, and private security. On Wednesday 23 May, the protester, nicknamed Nutty, finally came down after a record-breaking 57 days spent in the trees ... to stop a fracked natural-gas pipeline from being built through the state. Her final three days in the trees were spent without food. There are others, too, who remain in the forest and are still blocking construction by putting their lives on the line. These activists hold the typical concerns of having a gas pipeline run through the yard: if it leaks it poisons the water, the font of the incredible biodiversity in the area; theres a two-and-a-half-mile blast radius if it explodes; the pipeline is taking their land through eminent domain against their will for resource extraction. But they also say this is about more than just a pipeline, built by Mountain Valley Pipeline LLC. It is, they say, also about the erosion of democracy and the natural world. Virginias governor, Ralph Northam, took $50,000 from MVPs largest shareholder, EQT Corp, and another $199,251 from Dominion Energy, [a] major shareholder of the Atlantic Coast Pipeline being built nearby.
Note: For more along these lines, see concise summaries of deeply revealing news articles on corruption in government and in the corporate world.
According to a 2016 study, the top contributor of air pollution-related deaths in China is the burning of coal. To improve the country's air quality, the Chinese government vows to spend at least $360 billion on clean energy projects and create 13 million new renewable energy jobs by 2020. This year marks China's fourth anniversary since it started a "war on pollution," and there's reason to believe the country is making headway. Chinese cities have cut concentrations of fine particulates - often considered the deadliest type of pollution - by 32% on average since 2013. The city of Xingtai saw the largest pollution decline at 52.2%. China's latest energy megaproject - a giant floating solar farm on top of a former coal mine in Anhui - may get the country closer to that goal. The 166,000-panel array ... can generate 40 megawatts of power - enough to accommodate 15,000 homes. It's currently the world's largest floating solar project and will operate for up to 25 years. Local energy company Sungrow Power Supply developed the farm on a lake that was once the site of extensive coal mining. After an explosion caused the mine to collapse, a lake formed and flooded it. Building solar plants on top of lakes and reservoirs can protect agricultural land and wildlife on the ground. The water also cools the solar panels, helping them work more efficiently. Choosing to develop the Sungrow farm on an abandoned coal mine signals the slow decline of fossil fuels like coal in China and other countries around the world.
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The biggest buyer of solar farms in America is a company youve probably never heard of. Meet Capital Dynamics, an asset manager that handles $15 billion. The firms been snapping up clean-power plants for years, but it wasnt until this month - when the company agreed to spend almost $1 billion on a solar business - that it really landed on mainstream investors radar. Now the firm is being called the harbinger of things to come, heralding the next generation of solar and wind farm owners: funds backed by institutional investors like pensions. Its agreement this month to buy 8Point3 Energy Partners LP is among the biggest in a recent string of clean-energy deals done by infrastructure funds. Theyre appeasing their investors, who are hungry for the dependable, long-term returns of renewable-energy. After clinching $3 billion of clean-power deals last year ... Capital Dynamics is positioned to buy even more. A key part of the firms strategy hinges on capital from its institutional investors. Such investors like that they can match their long-dated liabilities with the returns of solar and wind farms that can stretch over decades. Another edge that Capital Dynamics has over other asset managers: It has spent years building an in-house team with an expertise in solar and wind farm operations, one that leverages its relationships with tax-equity investors and banks.
Note: Despite new solar tariffs and the "determined campaign" against rooftop solar being led by utility companies, elites like the Rockefellers have stopped investing in fossil fuels.
Electric cars are already cheaper to own and run than petrol or diesel cars in the UK, US and Japan, new research shows. The lower cost is a key factor driving the rapid rise in electric car sales now underway. At the moment the cost is partly because of government support, but electric cars are expected to become the cheapest option without subsidies in a few years. The researchers analysed the total cost of ownership of cars over four years, including the purchase price and depreciation, fuel, insurance, taxation and maintenance. Pure electric cars came out cheapest in all the markets they examined. Pure electric cars have much lower fuel costs electricity is cheaper than petrol or diesel and maintenance costs, as the engines are simpler. In the UK, the annual cost was about 10% lower than for petrol or diesel cars in 2015, the latest year analysed. Hybrid cars which cannot be plugged in and attract lower subsidies, were usually a little more expensive than petrol or diesel cars. Plug-in hybrids were found to be significantly more expensive. We were surprised and encouraged because, as we scale up production, [pure] electric vehicles are going to be becoming cheaper and we expect battery costs are going to fall, said James Tate, who conducted the research. At current rates, sales of electric cars could outstrip diesel cars as early as May 2019.
Note: China is the worlds biggest supporter of electric cars, and will require one out of every five cars sold there to run on alternative fuel by 2025.
The conservative city of Georgetown, Texas, runs on renewable energy. After all, wind and solar power are more predictable and easier to budget than oil and gas. Clean power pushes may be associated with more left-leaning cities, but Republican mayor Dale Ross called the switch to renewables a no-brainer. In 2017, at least 15 weather events cost the government more than a billion dollars each. The most expensive events we have in the U.S. are floods. The money spent preparing for and preventing these events ... pays itself back double, triple, and even quadruple times over. But companies and private citizens often fail to prepare properly because the money spent on prevention is private, whereas costs after the fact are often allotted through government organizations. Many fail to connect the cost of switching to renewable energy with the eventual savings of avoiding natural disasters. On an even larger scale, the costs of switching to renewable energy are larger up front, though they save money in the future. For example, Denmark struggled to store its wind power in a way that allowed them to save it for times of high electricity demand. Then they encouraged residents to buy electric cars. Now these vehicles act like moving batteries, and people can sell the energy back to the grid when the cars are parked.
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A Tesla Model S has been hacked in the Netherlands to allow the electric car to run off a second fuel supply - hydrogen cells. Gas supplier Hulthausen Group claims it has doubled the Tesla Model S's range from about 300 miles per charge to 620 miles. "Project Hesla", as it was dubbed by the company's founder, sourced a second-hand Model S and made the modifications without involvement from Tesla. The hack uses the car's electrical mainframe and adds a second layer of charging via hydrogen cells. But as tempting as increased range is, interested customers face heavy drawbacks. Refueling the hydrogen battery will become tricky as there are only seven public refuelling stations across the UK. The United States has 39 public stations across four states. Price will also be a deterrent. The Tesla Model S starts at 64,700 and can rise all the way to 122,200. The cost of installing the hydrogen power source is about 44,000. If owners really want to go far and fast in their cars, a Model S P100D could end up costing them about 170,000.
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Texas companies involved in illegal air pollution releases were penalized by the state in fewer than 3% of all cases, according to a new report. The report, Breakdowns in Enforcement ... found that overall Texas imposed penalties for 588 out of 24,839 malfunction and maintenance events reported by companies from 2011 to 2016. The incidents caused the emission of over 500m pounds of pollutants and total fines amounted to $13.5m. In 2016 there were 3,720 unauthorised pollution events but only 20 times did the state regulator, the Texas commission on environmental quality (TCEQ), impose a penalty, the report found. Texas is the USs leading oil and gas producer, making it a template for others. The analysis also claims that many polluters, such as oil and gas wells, are escaping regulators attention by wrongly asserting that they emit under 25 tons of sulfur dioxide and volatile organic compounds each year, a tally entitling them to a permit exemption under state and federal law. Allegations of slack controls in Texas come as Scott Pruitt, the head of the Environmental Protection Agency ... has tried to undo, delay or block more than 30 environmental rules in his first four months in the job. Texas government has [also] passed laws in recent years that make it harder for local authorities to assert control and pursue cases in court. In one example, after the city of Denton, near Dallas, prohibited fracking, the state moved swiftly in 2015 to ban the ban.
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Its the end of an era for coal. Production of the fossil fuel dropped by a record amount in 2016, according to BP Plcs annual review of global energy trends. China, the worlds biggest energy consumer, burned the least coal in six years and use dropped in the U.S to a level last seen in the 1970s, the companys data show. Coal, the most polluting fuel that was once the worlds fastest growing energy source, has been a target of countries and companies alike as the world begins to work toward the goals of the Paris climate agreement. Consumption is falling as the worlds biggest energy companies promote cleaner-burning natural gas, Chinas economy evolves to focus more on services than heavy manufacturing and renewable energy like wind and solar becomes cheaper. U.S. demand for coal fell by 33.4 million tons of oil equivalent last year to 358.4 million, the biggest decline in the world in absolute terms, BP data show. Global consumption dropped 1.7 percent last year compared with an average 1.9 percent yearly increase from 2005 to 2015, according to BP. Consumption of coal fell in every continent except Africa, the BP data show. Germany, Europes biggest user, consumed 4.3 percent less coal. U.K. demand fell 52.5 percent, the biggest percentage decline among the worlds major economies, according to BPs data.
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Friday was the first full day since the height of the Industrial Revolution that Britain did not burn coal to generate electricity. Coal powered Britain into the industrial age and into the 21st century, contributing greatly to the pea souper fogs that were thought for decades to be a natural phenomenon of the British climate. For many living in the mining towns up and down the country, it was not just the backbone of the economy but a way of life. But the industry has been in decline for some time. The last deep coal mine closed in December 2015, though open cast mining has continued. Reducing the worlds reliance on coal and increasing the use of renewable energy sources like solar and wind power have long been part of proposals to prevent the worst consequences of climate change. Now on a path to phase out coal-fired power generation altogether by 2025, Britain, also the home of the first steam engine, is currently closing coal plants and stepping up generation from cleaner natural gas and renewables, like wind and solar. Some countries have already left coal behind in power generation. In Switzerland, Belgium and Norway, every day is a coal-free day, Carlos Fernndez Alvarez, a coal analyst at the International Energy Agency in Paris, pointed out. In the United States, where coal still accounts for about 30 percent of power generation, Vermont and Idaho are the only coal-free states, and California is close behind, he said.
Note: In the US, the solar power industry now employs more workers than the coal, oil and natural gas industries combined.
U.S. solar employs more workers than any other energy industry, including coal, oil and natural gas combined, according to the U.S. Department of Energy's second annual U.S. Energy and Employment Report. 6.4 million Americans now work in the traditional energy and the energy efficiency sector, which added more than 300,000 net new jobs in 2016, or 14 percent of the nation's job growth. Overall, the U.S. solar workforce increased 25 percent in 2016. Solar ... employed almost 374,000 workers in 2016, or 43 percent of the Electric Power Generation workforce. This is followed by fossil fuels, which accounts for 22 percent of total Electric Power Generation employment, or 187,117 workers across coal, oil and natural gas generation technologies. Wind generation is seeing growth in employment with a 32 percent increase since 2015. The wind industry provides the third largest share of Electric Power Generation employment with 102,000 workers at wind firms across the nation. Construction and installation projects represented the largest share of solar jobs, with almost four in ten workers doing this kind of work, followed by workers in solar wholesale trade, manufacturing and professional services. Solar employers reported that they expect to increase employment by 7 percent this year.
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More electric cars are sold in China than in the rest of the world combined. The Chinese-branded electric vehicle (EV) market is propped up by huge government subsidies as part of Beijing's policy to build global leadership in cleaner energy driving. China has spent billions of dollars on subsidies to help companies ... achieve large-scale production of plug-in vehicles. Sales of battery electric and plug-in hybrids increased 60 percent in January-November, to 402,000 vehicles. By 2020, China wants 5 million plug-in cars on its roads. The domestic EVs don't have the 'wow' factor of a fast, longer-range and luxury-style Tesla. They sell on price. Some EV buyers in Beijing and Shanghai said they primarily bought plug-in vehicles to easily get a license plate. Half a dozen of China's biggest cities tightly control license plates for traditional gasoline cars, but freely award plates that can only be used by plug-in vehicles. For those set on buying a plug-in, price is key. "I only considered BYD and BAIC. I definitely can't afford the 300,000-600,000 yuan price of a luxury-style Tesla or Denza," said Qu Lijian, a 31-year-old government worker in Beijing. China's cocktail of pro-electric policies is a challenge for global automakers, as foreign manufacturers can access subsidies only via joint ventures with local partners, producing cars under new made-for-China brand names such as Denza. But those brands lack the cachet of established foreign marques, and cost more than most local brands even after subsidies.
Note: The documentary film, "Who Killed the Electric Car?", describes how corporate corruption prevented affordable electric vehicles from becoming available in the US many years ago.
A US government agency says it has attained the holy grail of energy the next-generation system of battery storage. Advanced Research Projects Agency-Energy (Arpa-E) a branch of the Department of Energy says it achieved its breakthrough technology in seven years. Ellen Williams, Arpa-Es director, said: We can create a totally new approach to battery technology, make it work, make it commercially viable, and get it out there. If thats the case, Arpa-E has come out ahead of Gates and Musk in the multi-billion-dollar race to build the next generation battery for power companies and home storage. The battery storage systems developed with Arpa-Es support are on the verge of transforming Americas electrical grid ... within the next five to 10 years, Williams said. She said projects funded by Arpa-E had the potential to transform utility-scale storage, and expand the use of micro-grids by the military and for disaster relief. Projects were also developing faster and more efficient super conductors. The companies incubated at Arpa-E have developed new designs for batteries, and new chemistries, which are rapidly bringing down the costs of energy storage, she said.
Note: Arpa-E is involved with a large number of breakthrough energy projects. For more along these lines, see concise summaries of deeply revealing new energy technology news articles from reliable major media sources.
The same rooftop solar providers that are threatening utility revenues are more than just occupying customer roofstheyre inside the home, monitoring usage trends and adapting the systems to meet both the homeowners needs and their own bottom lines. SolarCity, Sunrun, SunPower, and Locus Energy are amassing billions of points of data in smart home systems that consumers love and that baffle utilities, many of which have no incentive to help consumers manage their power usage more efficiently. While utilities have installed millions of smart meters in homes, they havent made use of the data to engage consumers the same way solar providers have, says Neil Strother, a smart-grid analyst. Utilities are more focused on cutting their own costs than in helping consumers become more efficient, he says. They arent motivated to reduce demand. The solar systems, meanwhile, collect real-time data on hundreds of thousands of homes and businesses across the country that utilities could use to more efficiently and reliably manage their power grids. Nat Kreamer, chief executive officer of Clean Power Finance, says some utilities dont see the potential benefits of using smart meters to engage with consumers to improve their service or reduce their utility bills. I asked an executive at one top 10 utility what he was hoping to get from smart meters, and he basically said just to eliminate the meter readers, Kraemer says.
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Hangar 19 at New York's John F. Kennedy International Airport is host to one unique airplane: the Solar Impulse. The sun-powered plane made history by becoming the first aircraft to fly across America day and night without fuel. The Solar Impulse finished its two-month journey from NASA's Moffett Field in Mountain View, Calif. to JFK airport on July 6, where it is currently parked. The aircraft is powered by 11,628 solar cells, has an average flying speed of about 43 miles (70 kilometers) per hour and its maximum altitude is about 27,900 feet. Although its wingspan rivals a 747, the actual body of the plane is a lot smaller, with a cockpit that can only fit one person. The groundbreaking trip may seem too slow to be practical, but chairman and pilot Bertrand Piccard thinks there is a bigger picture behind the project. "We believe if we can demonstrate this in the air, where it is the most difficult to do, people will understand that they can also use the same technologies for their daily lives," Piccard [said]. Piccard shared piloting the plane with the company's co-founder and CEO Andre Borschberg. The two flew in 24-hour shifts across America, and made stopovers in Phoenix, Dallas-Fort Worth, St. Louis, Cincinnati and Dulles. Some of the key advances used on the Solar Impulse include carbon fiber sheets that weigh 0.8 ounces per 11 square feet, solar cells that are about the thickness of a human hair and batteries with a high energy density. While the technologies are impressive, the creators emphasize that they didn't re-invent the wheel. They believe that pieces of the puzzle already exist, but needs to be put together in a different way.
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A jolt of support from a popular Web cartoonist has re-energized a decades-long effort to restore a decrepit, 110-year-old laboratory once used by Nikola Tesla, a visionary scientist who was a rival of Thomas Edison and imagined a world of free electricity. In little more than a week, tens of thousands of donors from more than 100 countries have kicked [in] more than $1 million ... to pay for the restoration of Nikola Tesla's Wardenclyffe laboratory, located about 65 miles east of New York City. "Enormously, overwhelmingly, astounding," is how Jane Alcorn, president of the Tesla Science Center at Wardenclyffe [described] the project's newfound fortune. This summer Alcorn learned that Matthew Inman, a cartoonist who runs theoatmeal.com, posted a tribute to the scientist titled "Why Nicola Tesla is the Greatest Geek Who Ever Lived." Supporters of the Long Island effort reached out to Inman, a 27-year-old who lives in Seattle, and he and Alcorn began speaking. Last week, he posted a request for donations on IndieGoGo, a fundraising website, and the response was nearly instantaneous. Tesla amassed hundreds of patents for his discoveries over his lifetime. Among his most notable accomplishments are his work in developing alternating current and other research in the creation of wireless communication and radio. He conducted experiments with wireless electricity and erected a 187-foot tower that Alcorn said was to be the centerpiece of a worldwide communications and energy system. But after he lost funding for the project, it was torn down in 1917.
Note: Tesla, whose incredible achievements have largely been removed from history books, is having a great resurgence in interest. For more on this most intriguing inventor, click here. For deeply revealing reports from reliable major media sources on new energy inventions, click here.
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