Renewables might account for 65 percent of global primary energy by 2050, according to the greenest scenario in BP Energy Outlook 2022. There are three key possibilities in the report: Accelerated, Net Zero, and New Momentum. The percentage of renewables in 2050 across the three ranges between 35 and 65 percent, up from about 10 …
World Might Have a 65% Renewables Share of Primary Energy by 2050 Read More »
Periods of energy upheaval, such as the one we are currently experiencing, provide an opportunity for disruptive innovations. A helping hand for clean energy start-ups can assist respond to the present energy crisis while simultaneously hastening progress toward climate goals. A new IEA research, How Governments Support Clean Energy Start-Ups, issued March 14, provides a …
IEA: Supporting Clean Energy Startups is More Important Now Than Ever Read More »
It is a well-known truth that relying on renewables for steady electricity is unfeasible without energy storage. Unlike a fossil-fuel power plant, which can work 24 hours a day, wind and solar power are intermittent, which means that if a cloud obscures the sun or there is a pause in the wind, energy output decreases. …
Gravity May Be The Key to Renewable Energy’s Biggest Challenge Read More »
While other states may have a bigger proportion of wind power in their electrical mix, the output of solar panels in California rivals that of Texas wind power in full sun. It is frequently the first state in the country to enact policies that propel the transition to renewable energy and electrification, and these policies …
California’s Solar Market Became a Battery Market Now Read More »
Electric vehicles, wind and solar electricity, and improved battery storage will all contribute to a sustainable economy. Because of its unique ability to transfer heat and electricity, copper is an essential component of energy storage. More copper is required for a greener, decarbonized economy. A typical electric car, for example, consumes 200 pounds of it. …
Arizona’s Copper Will Back The Clean Energy Shift Read More »
Under the French EU Presidency, major solar industry players convened in Brussels to outline how a revitalized European photovoltaic (PV) industry might meet the continent’s climate and energy security issues. The event, hosted by the French Alternative Energies and Atomic Energy Commission (CEA), focused on the regeneration of solar PV production in Europe and how …
Siemens is offering a $100 million funding package to help small and medium-sized enterprises in the United States kickstart their sustainability projects, environmentalleeader.com writes. Smaller companies, according to Siemens, may lack the funds to adopt sustainability initiatives, but they account for the majority of the country’s economy and may have a significant influence on emissions. …
Siemens Will Help US Small Businesses with $100 Million in Sustainability Efforts Read More »
The European Investment Bank (EIB) Board of Directors has authorized €543 million in commercial and sustainable energy investment. The €543 million in fresh funding will be used to assist business lending in Italy, corporate innovation, and the expansion of the Fira de Barcelona exposition center, as well as renewable energy investment. Among these projects is …
The battle to discover the ideal medium for storing wind and solar energy is on, and one growing alternative is hydrogen, a chemical familiar to fossil fuel companies that is gaining center stage in the clean energy revolution, Houston Chronicles reports. When oil and gas executives weren’t begging investors for more cash, they were touting …
Hydrogen is Battery Alternative for Storing Wind and Solar Energy Read More »
Environmentalists and Democrats see the recent ban on Russian oil imports, as well as the effects of the ban on American gas prices, as a further impetus to accelerate the development of renewable energy, according to The Hill. The ban came the same week that average gas prices in the United States reached a record …
American Environmental Groups Believe Gas Crisis Hastens Renewable Energy Transition Read More »
