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The end of every year is a great time for taking stock of what the year has broughtincluding in terms of cleanenergy in the power sector. As it turns out, 2024 has provided a whole lot of cleanenergy progress as fodder for that stock-taking.
Solar, wind, electric vehicles, and other cleanenergy technologies saw a record-high $1.1 trillion in investment globally last year, matching investment in fossilfuels for the first time ever, according to a new report from Bloomberg New Energy Finance. Read more on E360 →
Gas plants failed at a scale that jeopardized grid reliability for large regions of the United States during severe winter storms in 2011 , 2014 , 2018 , 2021 , and 2022. Although the country’s federal energy regulator has had a disconcertingly nonchalant attitude towards these events.) Unfortunately, this isn’t a rare problem.
How is China’s cleanenergy spree impacting other countries? China’s commitment to cleanenergy use and to producing clean tech is undeniable. Domestic Chinese EV sales in 2022 were 6.8 The problem is that China’s energy use grew even faster than its cleanenergy use.
The simple fact is that ditching fossilfuels for low-cost cleanenergy resources is good for the planet, good for the US economy, and good for public health. The studies the DOE reviewed also found that transmission investments would provide a host of benefits beyond access to cleanenergy. The good news?
The fabulous growth of wind and solar builds on states’ cleanenergy policy and corporate decarbonization targets. However, great opportunities for more new cleanenergy supplies to replace fossilfuelenergy need supporting grid investments. Where do we go for that modern infrastructure?
One notable example is in Michigan, where utilities are phasing out coal plants and momentum is building for legislation that would support an equitable cleanenergy transition. In 2022, the MPSC similarly approved a revised version of utility Consumers Energy’s long-range energy plan following settlement negotiations.
There’s good news in the recently released official data on electricity generation in the United States in 2022: renewable energy has continued to grow, coal power has continued to drop, and renewables are now firmly ahead of coal for the first time ever. They offer a lot of good news about cleanenergy progress.
As electric vehicle charging stations sprout like mushrooms along our roads and clusters of new wind turbines come online, these two cleanenergy solutions to the climate crisis are becoming more commonplace. The United States needs to speed its transition to cleanenergy in order to stave off even worse impacts of climate change.
And we know that as our climate warms further—driven by burning fossilfuels—the risk of large wildfires will only grow. This alarming finding clarifies the significant role and responsibility of fossilfuel companies to not only stop their harm moving forward, but also to address damage they have already done.
The image that comes to mind when I think of fossilfuel villains is Batman’s adversary Two-Face. To be two-faced is to be deceitful, and deception is what the fossilfuel industry executives excel in. What is ESG? The bill was sponsored by Kentucky state senator Robbie Mills. Who else has been applauded by the KCA?
Earlier this month the Government of Canada delivered on a key climate promise and released new rules which end public funding for fossilfuels abroad, starting January 1, 2023. It also begins to align federal spending with a climate-safe future, by prioritizing public dollars towards climate solutions like renewable energy.
They accounted for most of the failed generating capacity in a number of recent extreme weather events, including Winter Storm Uri in 2021 and Winter Storm Elliott in 2022, according to Gas Malfunction , a new Union of Concerned Scientists (UCS) issue brief. percent higher than the number of wealthier residents, according to a 2022 UCS study.
Joining an ever growing list of countries from around the world, Canada pledged to end public financing for overseas fossil-fuel projects in 2022 and instead prioritize the cleanenergy transition. This sends an important signal to investors and people around the world that the sun is setting on fossilfuels.
The destruction we see today is a direct result of decades of dependence on fossilfuels, enabled by decades of deception and obstruction on the part of the fossilfuel industry, and prolonged by decades of inaction on the part of policymakers who have been in their thrall.
Glasgow — Today at COP26, Canada, US, Mali, UK, and 20 other countries and institutions from both developed and developing countries launched a joint statement committing to end direct international public finance for unabated coal, oil and gas by the end of 2022 and prioritize cleanenergy finance. This was 2.5
5060 ), titled An Act Driving CleanEnergy and Offshore Wind, into law on Thursday August 11, 2022. Reduction of FossilFuels. Other provisions include a ban on incentives and rebates from Mass Save related to fossilfuel powered systems, except as backup for electric heat pumps.
Following the Minnesota Senate’s approval on February 2 and the House on January 26, the state now has a much-needed update to its cleanenergy policies that advocates and other leaders have sought for several years. Congratulations, Minnesota!
There is still much we can do to bend that emissions curve sharply within this decade—but only if world leaders, especially leaders of richer countries and major emitting nations, take responsibility to act together quickly and fossilfuel companies are held accountable for their decades of obstruction and deception.
The November 2021 Infrastructure Investment and Jobs Act (IIJA), also referred to as the Bipartisan Infrastructure Law, or BIL, includes an $8 billion “regional clean hydrogen hubs” program that charges the Department of Energy (DOE) with the development of at least four hydrogen hubs to advance the nation’s clean hydrogen sector.
However, as we replace fossilfuels with clean electricity for heating and transportation to meet our climate goals, these peak demands will increasingly shift to the winter in many parts of the country. It’s worth delving into because it has some important implications for our cleanenergy future.
Climate policy has been boosted by dramatic changes in the economics of cleanenergy. The Department of Energy estimates the cost of an electric vehicle lithium-ion battery pack declined 89% between 2008 and 2022. Cheaper renewable energy attracts private investment and makes limits on fossilfuels more feasible.
Even where the grid still has significant fossilfuel-powered generation, EVs are a cleaner choice. In the grid region that serves most of Texas, driving the average EV produces emissions equal to an 82 MPG gasoline car, despite over 60% of electricity generation coming from fossilfuels.
The state’s grid reliability is also inextricably linked to issues of improving energy affordability and achieving California’s ambitious cleanenergy goals. It would change Western energy markets. California has already taken steps toward these energy markets. What is Western grid regionalization?
While the epicenter of the war and its horrors has remained trained on and in Ukraine, Russia has also leveraged its position as a major fossilfuel exporter to fund its war efforts and to manipulate and threaten others, including countries across Europe that have long relied on Russian supplies of gas. Credit: U.S. Credit: U.S.
The Department of Energy’sEnergy Information Administration (EIA) is one of the go-to sources for reliable information about the US power sector. They just released their 2022 “Annual Energy Outlook” (AEO), which is a big deal: it tells us where electricity is headed over the next 30 years. Carbon emissions remain high.
In late December, the Treasury Department and the Internal Revenue Service (IRS) released proposed regulations for the Section 45V Clean Hydrogen Production Tax Credit. The tax credit, passed as part of 2022’s Inflation Reduction Act, provides a generous incentive for the production of clean hydrogen. the “three pillars”).
An ambitious law that promises to accelerate the state’s cleanenergy transition, CEJA provides a detailed framework for greater utility transparency and accountability to update electricity distribution infrastructure to ensure a cleanenergy future.
Despite the cleanenergy transition that is well underway in the United States, methane gas, or natural gas, remains the largest source of U.S. The United States must diversify away from gas and other fossilfuels in the power sector and transition to clean, renewable electricity. electricity generation.
In December, the Treasury Department and the Internal Revenue Service proposed regulations governing implementation of the 45V Clean Hydrogen Production Tax Credit , passed as part of 2022’s Inflation Reduction Act. In particular, emissions loopholes related to biomethane and fugitive methane (i.e.,
On Wednesday, Oregon Governor Kate Brown signed a package of four cleanenergy bills. These laws ban new fossilfuel plants and set aggressive targets for the state’s two major utilities, requiring emission cuts of 80% by 2030, 90% by 2035 and 100% by 2040. These bills move Oregon to the forefront of climate action.
That requires bringing global energy-related carbon dioxide emissions to net zero by 2050. To meet that goal, the International Energy Agency’s Net Zero Roadmap released in 2021 says no new oil and gas supply projects can come online. DO: Pay your fair share of the costs of climate change. Chevron alone is facing a $9.5
Enter the late-July announcement of the Inflation Reduction Act of 2022—our chance to get back on track. How the Inflation Reduction Act of 2022 will accelerate necessary change. On the other hand, Congress’s wholesale abandonment of wide-ranging climate investments could not be similarly recast. It was bad news all the way down.
This is despite the cleanenergy progress the power sector has experienced to date—and despite the groundwork laid for more progress from leading states, as well as the recently passed Inflation Reduction Act (IRA). The Supreme Court clipped the agency’s wings in its 2022 West Virginia v. And more gas is slated to come.
EPA on Thursday, June 30, 2022, curbing the power of the Environmental Protection Agency (EPA) to regulate greenhouse gas emissions from power plants across the country. The decision focuses on EPA’s authority under a specific section of the Clean Air Act. What does this mean for cleanenergy projects?
By Dave Jenkins, Conservatives For Responsible Stewardshi p The following goest essay first appeared in the Erie Times on March 27, 2023 -- We are at an inflection point on energy: 2022 was the first year when global investment in carbon-free sources of energy matched investment in fossilfuels. Energy is energy.
Gavin Newsom made a habit of waiving all state environmental rules to allow fossilfuel power plants and backup generators to run without restrictions when the grid was under stress. All that being said, it’s still 2022 and September is upon us.
Despite promises to end public financing for fossilfuels, so far this year the Government of Canada has already committed up to $15.4 The Government of Canada has a long-standing commitment to end fossilfuel subsidies. By comparison, Canada’s support for cleanenergy is meager: amounting to 14.5
Fuel transport – Spring floods can hinder the transportation of fuels like coal. While it is a heavily polluting fossilfuel that is set to continue declining as a fuel source for US electricity generation over the next decade, coal still accounted for roughly 20 percent of the country’s generation in 2022.
The first wind turbine erected at the Hollandse Kust Zuid wind farm in April 2022. The combination of offshore wind turbines, floating solar panels and green hydrogen are some of the hybrid cleanenergy technologies currently under development off the Dutch coast. . Photo credit: Vattenfall / Ties van der Horst.
The global energy transition The theme promotes a global transition to clean, renewable energy. Reduce the dependency on fossilfuels It urges governments, companies, and individuals to reduce fossilfuel dependency and scale up sustainable alternatives.
When the sun isn’t shining or the wind isn’t blowing, batteries help store cleanenergy to continue supplying electricity to the grid and to customers consistently and reliably. Generating and storing cleanenergy is a lifeline for the planet’s future; burning coal, oil, and gas fossilfuels causes 75% of greenhouse gas emissions.
Federal government releases new policy aimed at ending international public financing for fossilfuels, next step is ending domestic financing . This new policy will end a significant portion of EDC’s support for fossilfuels and redirect those funds to support the cleanenergy transition.
Once the battery looks up to code, it is off to the grid to power our renewable energy future! Battery energy storage is powerful and growing. Battery energy storage can help store cleanenergy for the grid. Challenges and Opportunities in Mining Materials for Energy Storage Lithium-ion Batteries.
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