A major new study from a leading German think tank and renewable energy specialist says the cost reduction potential of large scale solar is still misunderstood, and predicts that solar PV will be the cheapest form of power within a decade, and cost less than $US0.02/kWh by 2050. The study by the Berlin-based Agora Energiewende says that the end to cost reductions from solar plants is “not in sight”, even after falling more than 80 per cent in recent years.
The third annual Sustainable Energy in America Factbook released today documents the continuing dramatic changes in how the U.S. produces, delivers and consumes energy, and makes some projections and predictions about the direction of the energy sector in the future. The report was researched and produced by Bloomberg New Energy Finance and commissioned by The Business Council for Sustainable Energy....
World leaders decided in Copenhagen that global warming should be limited to 2 degrees Celsius. Achieving that target, though, would take nothing less than a miracle. With another round of climate negotiations approaching, it is becoming increasingly clear that mankind has failed to address its most daunting problem.
Ships use diesel to generate electricity. When ships are in port, their diesel generators are a major source of air pollution, greenhouse gas emissions and noise. Why not use clean renewable electricity from the BC Hydro grid instead? Good idea: it's called "shore power."
Between 2009 and 2013, employment in Canada’s clean energy sector increased by 37% — meaning it now supplies more jobs than the country’s infamous tar sands, according to the new report Tracking the Energy Revolution — by Clean Energy Canada, a climate think tank.
Deutsche Bank says that solar electricity in the US is on track to be as cheap or cheaper than average electricity-bill prices in all but three states by 2016—assuming that the federal government maintains the 30% solar investment tax credit it currently offers homeowners on installation and equipment costs.
But even if the credit is reduced to 10%, solar power would still achieve price parity with conventional electricity in some 36 states by 2016.
Swanson's law states that with every doubling in the production and shipments of solar PV panels, there has been a 20% reduction in their cost. By getting to scale, with solar installations becoming widespread and common, Germany has reduced the cost of installed solar to half of what it is in North America. So we can observe, learn, and do the same.
With the right policies, China could get 40% of its electricity and 16% of its full energy mix from renewables by 2030. It would cost $145 billion a year from now until 2030, and bring savings of $55 to $228 billion a year in health benefits and reduced carbon dioxide emissions.
The Global Wind Energy Outlook 2014, co-published by the Global Wind Energy Council and Greenpeace, has found that global wind capacity could reach 2000 GW by 2030, meeting 20% of the global demand. Growth is versy strong in China, and India is also looking to wind.