Renewable energy is becoming less expensive than coal

Renewable Energy Cheaper than Coal

New report highlights the increasingly affordable nature of renewable energy Unsubsidized wind and solar power have become the least expensive forms of new energy generation. A new report from the United Nations and Bloomberg New Energy Finance shows that renewable energy experienced a significant reduction in cost last year. As clean power systems begin to not rely on subsidies from governments, the electricity they generated is becoming less expensive than that generated by coal. Cost of clean power is falling quickly According to the report, the total cost of generating…

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New offshore wind energy project will not require subsidies from Germany government

Wind Energy - Wind Turbines and Clouds

Germany will be building its first wind energy system that will not use government subsidies Germany is preparing to build its first offshore wind energy system that is not dependent on government subsidies. The project comes from Bundesnetzagentur (BNetzA), which has approved bids on the project coming from various organizations. The company intends to develop some 1,490 megawatts worth of wind energy capacity in the North Sea. The organizations that would be involved in this endeavor would be providing electricity from these wind farms at approximately $4.67 per megawatt-hour. Wind…

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Honolulu leads the US in installed solar energy capacity per capita

Solar Energy - Hawaii

Report highlights the growth of solar energy in Hawaii A new report from the Environment America Research & Policy Center shows that Honolulu, Hawaii, ranks first in the United States in terms of solar energy installations per capita. The state’s capital has beaten other, larger cities with solar installations. While Honolulu has established a lead in solar installations per capita, it falls behind both San Diego and Los Angeles in terms of overall solar energy capacity, with approximately 175 watts of solar power per person. Solar sector continues to thrive…

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Geothermal heating plant spreads the warmth in Paris

Geothermal Heating Plant

The Clichy-Batignolles municipality of the French capital now has a fully operational facility. The geothermal heating plant launched at the Paris City Hall in February is now operational. The facility is located in the Clichy-Batignolles municipality in the greater Parisian area. The new geothermal facility provides home within the district with eco-friendly heat and sanitary water. Aside from the environmental advantages available through the geothermal heating plant, it was also designed to be the first component of a broader network of localized power generation. It also represents a sizeable opportunity…

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European countries are struggling with the Paris Agreement

Paris Agreement - Image of Paris with Eiffle Tower

Only three countries are on track to comply with the Paris Agreement Sweden, Germany, and France are the only European countries that are pursuing policies that will allow them to meet the commitments they made through the Paris Agreement, according to a recent study from the EU Climate Leadership Board. The European Union, as a whole, has pledged to cut carbon emissions by 40% by 2030. Some countries seem to be taking this pledge more seriously than others, however, which could lead the region to mission its emissions reduction targets…

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Coal consumption is falling in the US due to growth of renewable energy

renewable energy - consumption of coal

Renewable energy could eventually replace coal Usage of coal to produce electrical power has been on a steady decline in the United States over the past few years, according to a recent study from the Energy Information Administration. The study highlights the country’s continuing shift away from fossil-fuels toward renewable energy. Notably, wind and solar power have begun to replace coal in some parts of the United States. Natural gas is also becoming very popular in the country and while not a clean form of power, natural gas produces far…

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Colorado city sets sights on renewable energy to combat power problems

Renewable Energy - Pueblo, Colorado Courthouse

Homeowners voice concern over power outages and hope to see more renewable energy solutions Homeowners in Pueblo, Colorado, have come together to voice concern over the city’s apparent energy crisis. According to homeowners, as well as other locals, the city has been struggling with blackouts for some time. In some cases, these power outages have forced families to travel to motels and even homeless shelters in order to access the electricity they need. Local businesses have also expressed concern over increasing power bills, a problem that is creating a significant…

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Beijing closes its last large-scale coal power plant in favor of renewable energy

Renewable Energy - Coal Plant

Major coal facility has ceased operations The last large-scale coal power plant in Beijing, China, has ceased operations. The city has been working to fight air pollution for some time now, and coal power plants have become a target. In order to reduce air pollution, Beijing has made it a priority to embrace renewable energy and clean transportation. As such, the city has adopted several policies that could help accomplish this goal. Beijing also has the ambitious goal of becoming China’s first city to be powered completely by renewable energy…

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Europeans believe they are feeling the impact of climate change already

Climate Change Being Felt by Europe

Survey highlights major concerns regarding climate change Climate change is already having a major impact in Europe, according to a new survey from Cardiff University. The university is heading a new project, called European Perceptions of Climate Change. The survey draws upon the perception of citizens in four major European countries. Many Europeans have expressed concern over the impact of climate change, primarily when it comes to severe flooding and strong storms. The survey is meant to shed light on how this phenomenon is affecting the lives of people in…

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Shell to increase renewable energy investments to $1 billion a year

Renewable Energy - Shell Gas Pump

Shell is beginning to move away from oil as public faith in fossil-fuels vanishes Royal Dutch Shell has plans to increase its renewable energy spending to $1 billion annually. Ben van Beurden, CEO of Shell, notes that the faith in the oil industry is disappearing. This is putting greater pressure on the company to move away from its traditional focus on oil and begin showing more support for clean power. Notably, Shell has also expressed support for countries to impose rules to place prices on carbon emissions. According to Shell,…

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Wind energy reaches new record in the United States

US Wind Energy - American Flag

SPP sees a significant increase in wind capacity Wind energy in the United States reached a new power generation record, according to Southwest Power Pool (SPP). The organization represents 14 states and manages the flow of electricity into the energy grid. Wind energy is quickly becoming a favored form of clean power for the United States. The country has shown strong support for wind in recent years, which has contributed heavily to the development of new projects in several states. Wind capacity grows beyond 16,000 MW According to SPP, wind…

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Minnesota could look to increase its renewable energy goals

Renewable Energy Goals - Image of Minneapolis Minnesota

New measure seeks to make changes to state’s clean power goals A new measure in Minnesota could change the way the state obtains its electricity. The measure aims to have Minnesota derive no less than half of its electricity from renewable sources by 2030. This is more than double the state’s current clean power goals in terms of energy generation. Wind and solar power are expected to play a very significant role in the state’s future, as these have become the most famous and well supported forms of renewable energy…

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Suzlon reaches major milestone in India’s wind energy market

Wind Energy - Turbines in Field

Suzlon has established a leading role in the wind energy space Suzlon Energy, a prominent wind energy company, has announced that it has reached a major new milestone in India. The company has established a very strong presence in the country, bolstering India’s wind energy capacity by a significant margin. Now, Suzlon controls a major share of India’s wind capacity and renewable energy market. The company operates some of the largest wind farms in India and has plans to continue expanding wind capacity in the coming years. Company now operates…

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Indiana legislation takes aim at solar energy net metering

Solar Energy - Image of Net Metering Device

Legislation intends to make changes to Indiana’s net metering initiative New legislation in Indiana has generated some controversy among supporters of solar energy. The legislation recently passed through the Indiana Senate Utilities Committee and it aims to put an end to the state’s net metering initiative. Net metering is designed to incentivize the use of solar energy, encouraging more people to make use of this form of clean power. This initiative has been particularly popular among homeowners, many of whom have been looking for ways to make use of solar…

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Solar energy reaches new heights in 2016

Solar Energy Reaches New Milestone

The solar energy industry nearly doubled in size last year In 2016, solar energy in the United States grew at an unprecedented rate. A new report from GTM Research and the Solar Energy Industries Association shows that solar installations doubled last year over what they had been in 2015. The report notes that solar energy accounted for 39% of all new energy generation capacity in the United States last year, breaking previous records and establishing solar as the leading form of clean power in the country. The economics of solar…

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India achieves major accomplishment with its renewable energy capacity

Renewable Energy - Indian Flag on Country Outline

India surpasses the 50 GW mark in renewable energy capacity India has reached another major milestone in its renewable energy sector. The Ministry of New & Renewable Energy has announced that the country’s operational grid-connected clean power capacity surpassed 50 gigawatts. More than half of this capacity comes from wind power, with solar energy coming in second. Hydropower, bioenergy, and waste-to-energy solutions make up the remainder of the country’s renewable energy capacity. While solar falls significantly behind wind in terms of capacity, India is considered one of the world’s fastest…

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