by Brian Eckhouse, Bloomberg Highlights A new lobbying organization named the American Clean Power Association has formed in order to advocate for more renewable policies The country’s top wind power trade group is teaming up with some big-name energy groups such as NextEra Energy, Avangrid, and Berkshire Hathaway Energy to form this association The renewables … Read more
by Ivan Penn, The New York Times Highlights Renewable energy sources, such as wind and solar, may comprise 21% of the electricity in the U.S., up from about 18% in 2019 Solar and wind are producing electricity at a cost-competitive rate in the U.S. and throughout the globe compared to natural gas and coal due … Read more
by Ben Winck, Business Insider Highlights Goldman Sachs reports that renewable energy investments will be a quarter of all energy spending in 2021, surpassing investment in oil and gas If the United States aims to meet climate standards that result in less than 2 degrees Celsius of warming, the transition into renewable energy will create … Read more
by Adele Peters, Fast Company Highlights A new report from UC Berkeley shows that the falling price of renewable energy can result in the U.S. using 90% clean energy by 2035, ultimately transitioning to 100% renewable energy by 2045. Adding new clean energy infrastructure could add up to 570,000 new jobs each year The Internation … Read more
By Sam Kozel, Greentech Media Highlights States are accelerating clean energy policies in efforts to secure economic stability during and after the COVID-19 pandemic. A majority of states have also put in place moratoriums on service disconnections and power shutoffs as many people face unemployment and may not be able to pay bills. This also … Read more
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 Ivan Penn, The New York Times Highlights Even though the renewable energy sector is facing some losses during the coronavirus pandemic, renewables are set to account for nearly 21% of the electricity in the United States, a 3% increase from 2019 Renewables prices have not dropped as much as oil and gas prices during … Read more
by Ken Kimmel, President of the Union of Concerned Scientists Highlights Current situation: Federal government response to COVID-19: In Washington DC a bi-partisan effort to help the country cope with COVID-19 is underway. So far, one immediate emergency bill appropriated approximately $8 billion designed to treat and prevent the virus. A second bill has also … Read more
Massive new projects put New England states on the forefront of the U.S. offshore wind market. May 23, 2018 By Jeff St. John and Julia Pyper Massachusetts and Rhode Island, two states on the forefront of the nascent U.S. offshore wind market, have awarded a combined 1,200 megawatts of contracts to build out what could … Read more
