Renewable Energy

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With Solar Industry in Crisis, Europe in a Bind Over Chinese Imports

Summary EU heavily reliant on Chinese solar panel imports Some European solar manufacturers on brink of collapse Governments, industry split over how to help Europe wants to grow local clean tech manufacturing (Reuters) – Europe’s green energy transition is stuck between a rock and a hard place. A flood of cheap Chinese solar panel imports …

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Biden Power Plant and EV Plans Hit a New Obstacle: Vulnerable Democrats

Moves could appeal to cost-sensitive voters in tight contests Pause on LNG export permits could stoke fresh outcry Vulnerable Democrats in swing states are increasingly sounding the alarm about Biden environmental policies that risk turning off cost-conscious moderate voters they need to win at the ballot box. The warnings pose an election year challenge for US President Joe …

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U.S. Clean Electricity Momentum Stalls Slightly in 2023

(Reuters) – Clean electricity generation in the United States hit new highs in 2023 but expanded by its smallest margin in more than a decade, due to below-normal wind speeds and a drop in hydro power output due to drought, data from think tank Ember shows. U.S. clean generation grew by just 0.4% last year, …

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Big Turnout Expected in New York Offshore Wind Power Auction

(Reuters) – Several offshore wind developers will likely bid in New York’s fourth offshore wind solicitation by the Thursday deadline, including units of European energy firms Orsted, Equinor and BP. The development of the U.S. offshore wind industry took a major blow last year when companies working in several states said they could no longer …

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Electricity in the Depths of Winter – ENERGYminute

Wind turbines when it’s -30°C: Courtesy of GIPHY Consumers in wealthy nations have come to expect a perfectly reliable supply of electricity. Anything less feels almost unimaginable. However, with much of Canada and US, currently experiencing a cold snap often referred to as “winter”, how are electricity and grid operators adapting to keep the heat …

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Growth in Low-Emissions Power Expected to Cover Demand – IEA

(Reuters) – Power generated from low-emissions sources, such as wind, solar and nuclear, will be adequate to meet growth in global demand for the next three years, the International Energy Agency (IEA) said, adding power sector emissions are on the decline. Following record growth, electricity generation from low-emissions sources will account for almost half of …

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Davos Elite See Trump Among Hurdles for Green Growth in 2024

Elections in big economies such as the US, Mexico and Indonesia, and the global climate summit being held once again in a petrostate has business leaders unsure if the energy transition will accelerate this year. Bloomberg Expectations of more extreme-weather events, alongside the possibility of Donald Trump’s election as US president, set the tone for …

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Wind, Solar to Lead U.S . Power Generation Growth Over Next 2 Years, EIA Says

(Reuters) – Wind and solar are set to lead U.S. power generation growth for the next two years following new renewable energy instillations, Energy Information Administration (EIA) said on Tuesday. U.S. solar power generation is expected to grow 75% to 286 billion kilowatt hours (kWh)in 2025 from 163 billion kWh in 2023 as more generation …

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U.S. Energy Tax Credit Trading Grows to as Much as $9 billion, Study Finds

NEW YORK, Jan 16 (Reuters) – Developers of renewable energy projects selling unused U.S. tax credits to other companies now account for a market worth between $7 billion and $9 billion, buoyed by legislation in 2022 that made these trades possible, a new study shows. President Joe Biden’s climate law aimed to stoke trillions of dollars of investment to …

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China’s Dams Are Refilling, and That’s Good News for the Climate

Hydropower has underperformed since 2022’s historic drought, causing widespread economic pain. That’s finally changing. Visitors view the shipping locks of China’s Three Gorges Dam, where water storage is up about 25% from the previous year. Despite the much-deserved excitement surrounding China’s rapid build-out of wind turbines and solar panels, the country’s biggest source of clean energy remains one …

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