China leads the world in wind energy installations

Wind Energy - Wind Energy Installments - Wind Farm

Report shows that China has established a lead in wind energy installations China continues to lead the world in terms of installed wind energy capacity, according to a new report from the Global Wind Energy Council (GWEC). The report predicts that Asia would lead growth in the wind power sector, largely due to the growing number of countries that are investing heavily in clean energy. China, in particular, has become a prominent supporter of wind power, establishing a powerful position in the wind market. China installed more than 54 GW…

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More than $3 billion to be invested in Wyoming’s wind energy space

Companies plan to show strong financial support for wind energy Two companies have announced major investments in Wyoming’s wind energy sector. Rocky Mountain Power and Alchemy Sciences will both commit large sums of financial support to the wind industry, which could help it grow for years to come. The investments could help diversify Wyoming’s economy, placing more focus on clean power, which could help create thousands of new jobs that will help further invigorate the state’s economy. $3.5 billion investment will help wind energy thrive in Wyoming Rocky Mountain Power…

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Federal court puts an end to large-scale wind energy project in Oregon

Wind Energy - Wind Farm Wind Turbines

Court rules to end development on large wind energy project A federal court has chosen to end a large-scale wind energy project that was taking form in southeast Oregon. The project was put to rest over concerns of its environmental impact. The U.S. District Court in Portland ended the project because of the threat it posed to the sage grouse population, which has been in decline for some time. The project was initially approved by the federal Bureau of Land Management, but development will not be allowed to proceed further…

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US wind energy industry employs more than 100,000 people nationwide

Wind Energy Industry - Employment

Wind energy industry continues to experience rapid growth The wind energy industry in the United States has become a very powerful economic force. The American Wind Energy Association has released its latest market report, showing that the industry now employs more than 100,000 people throughout the country. Notably, the wind energy industry is adding jobs at a faster rate than any other sector in the United States. The aggressive growth of the industry is largely due to increases in efficiency, reliability of wind turbines, and the falling cost of wind…

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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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Oklahoma is ending its wind energy tax credit

Wind Energy - Tax Credit Ending

State moves to put an end to tax credit that has supported wind energy for a decade Oklahoma will be putting an end to a tax credit that has helped support the growth of wind energy in the state. Currently, Oklahoma ranks third in the United States in terms of wind capacity and generation, largely due to the tax credit that has supported the sector for a decade. Governor Mary Fallin signed legislation this week that will roll back the tax credit gradually through 2027. The short-term impact of this…

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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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E.ON to invest in new airborne wind energy project

Airborne Wind Energy - Wind Turbine

European company will be supporting an innovative airborne wind energy project E.ON, an energy company based in Europe, has announced that it will be investing in an ambitious new wind energy project. The company will be investing in the development and potential construction and operation of an airborne wind energy demonstration site. The site is located in County Mayo, Ireland, and will make use of drones in order to capture the power of the wind. These drones will be tethered, but will be operating offshore. New project will use drones…

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BT to purchase electricity from Scottish wind energy system

Wind Energy - Wind Turbine in Scotland

BT will be forming a power purchase agreement with wind energy developer in Scotland BT, a telecommunications operator in the United Kingdom, has announced that it will be entering into a power purchase agreement with a Scottish wind energy company. Through this deal, BT will be spending $230 million over the next 15 years in order to purchase electricity generated by a wind farm in Scotland. According to BT, there are 13 wind turbines in the north of Scotland that generate approximately 100 gigawatt-hours of electricity every year. Company plans…

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Wind energy reaches a new record in India

Wind Energy - Wind Turbine on hill

India has achieved a new milestone with its wind energy projects India has reached a new milestone with its wind energy production. During the 2016-2017 fiscal year, the country generated 5,400 megawatts of wind power, surpassing its goal of generating 4,000 megawatts of wind energy. Renewable energy has been experiencing healthy growth in India. The country is home to approximately 50,100 megawatts of installed clean energy capacity. More than 55% of this capacity comes from wind power projects. Despite the growth of clean power, only 16% of the country’s electricity…

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Wind energy market in Kansas is showing signs of healthy growth

Wind Energy in Kansas - Wind Turbines

Energy officials predict that the wind energy market will continue to thrive Wind energy developers in Kansas have high hopes for the state’s clean power market. Several energy companies predict that the wind market will continue to see growth well into the future, even as large developers begin to slow the creation of new projects. One of the reasons the wind market is expected to continue expanding is because of the increasingly efficient nature of turbine technology. Utilities are showing more interest in wind power due to costs In Kansas,…

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Texas wind power use gets a shot in the arm with huge 7-Eleven deal

Wind Enegy - Texas Flag in Wind

The company has signed an agreement with TXU Energy so it will buy 100 percent wind energy for its Texas locations. 7-Eleven signed a Texas wind power agreement with TXU Energy. This deal allows the convenience store giant to purchase 100 percent wind energy for each of its store locations within the state and that are positioned within “competitive energy markets.” This represents the majority of the 7-Eleven locations in Texas. The Texas wind power agreement will continue over 96 months. This will provide wind energy to 425 stores and…

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Japan is making major progress on its renewable energy goals

Renewable Energy Japan - Japanese Flag

Report shows that renewable energy is helping Japan accomplish its environmental goals quickly Japan is well on its way to meeting its environmental goals by 2030, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA). The report highlights energy efficiency as a major contributor to Japan’s efforts to become more environmentally friendly and reduce reliance on older forms of power. Notably, an increase in energy efficiency has driven down the demand for electricity throughout the country over the past six years. This trend is…

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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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ERCOT predicts that wind energy will play a major role in Texas’ future

Wind Energy - Tall Wind Turbine

Wind energy is quickly gaining importance in Texas Wind energy will become an integral part of Texas’ future, according to the Electric Reliability Council of Texas (ERCOT). The organization operates the majority of the energy grid in the state and believes that wind power has become a reliable source of electricity capable of meeting the needs of consumers throughout Texas. ERCOT’s seasonal assessment shows that wind energy will be able to generate enough electricity to help meet projected peak demand, which is significant as temperatures rise and consumers rely more…

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Germany to convert large coal mine into a new energy storage system

Energy Storage - Inside a Coal Mine

New project aims to change an old coal mine into an efficient energy storage solution Germany has launched an ambitious new project that involved converting an old coal mine into a large-scale battery storage system. The Prosper-Haniel coal mine is the subject of the project. The mine was built in 1863 and produces approximately 3 million tons of coal every year. It is one of the few remaining active coal mines in Germany, but is slated for complete closure in 2018, when government subsidies supporting the mine are no longer…

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