By Brian Eckhouse, Bloomberg Highlights Solar power and onshore wind power are now the cheapest new sources of electricity in the majority of the world’s population. The Levelized Cost of Energy for wind has fallen 9% and solar has dropped by 4% Prices are especially low in the U.S., China, and Brazil Improvements in the technology, … Read more
By Lisa Cohn, Microgrid Knowledge Highlights The Clean Energy community called for relief in the recent federal stimulus package as the industry has taken a critical hit due to the COVID- 19 pandemic. Over 100,000 clean energy sector workers have lost their jobs due to business shifting during the pandemic and the industry could lose half … Read more
by Ben Geman, Axios Highlights The renewable energy sector is advocating for aid during the next phase of COVID-19 stimulus relief as projects are canceled, layoffs widen, supply chains are disrupted, and companies risk missing deadlines to use tax credits The first bills were mainly emergency rescue and stabilization plans, but the next phase could … Read more
by Ari Natter, Bloomberg Highlights: Clean energy advocates are pushing for consumer tax credit extensions for renewable energy, storage, and electric vehicles to be included in the stimulus package: With many business sectors taking losses from the impacts of coronavirus, the renewable energy sector says they are feeling losses as well The demand for solar … Read more
Advancing Community Choice Energy one conversation at a time My name is Davis Harper, and I am a writer, organizer, and advocate for the sustainable practices necessary to protect the planet’s most vulnerable communities. I’m very excited to be the newest member of The Climate Center team as the Community Outreach Specialist for Stockton and … Read more
by Aaron Sheldrick, Reuters Highlights: Electricity generation from fossil fuels in the United States, European Union, and India fell in 2019. Renewable power generation increased at a faster rate than the overall growth in power output for the first time The decline of fossil fuels is likely to accelerate due to countries trying to commit … Read more
by Gerson Freitas Jr and Vanessa Dezem, Bloomberg Highlights: Investors are ditching natural gas and fossil fuels in order to invest in renewable energy such as solar and wind: Environmentalist push-back on dirty energy investments has put fossil fuel valuations at a tipping point For the first time in about a decade, local gas distributors indices are … Read more
by Michael Mazengarb, Renew Economy Highlights: Swedish Steel is working towards using renewable hydrogen to decarbonize their industrial steel process by 2026 A shift to renewable hydrogen could reduce Finland’s greenhouse gas emissions up to 7% and Sweden’s emissions up to 10% Steel manufacturing is one of the world’s largest consumers of fossil fuels, and … Read more
by BloombergNEF Highlights: Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2019, up more than 40% from the previous year’s record. The majority of this purchasing occurred in the United States. BloombergNEF’s 2020 Corporate Energy Market Outlook found that approximately 19.5GW of clean energy contracts were signed by … Read more
Our aging and unstable electrical system must be replaced now, not decades from now This piece was originally published in the Mercury News opinion section on October 25, 2019. (Subscription required.) The dramatic increase in the size and severity of California’s wildfires in recent years is just one example of the devastating effects of climate … Read more
