Auto Added by WPeMatico
(Reuters) – Combined electricity generation from solar and wind farms in the United States surpassed output from nuclear plants for the first time during the opening half of 2024, cementing renewable energy assets as the primary source of clean power in the country. Electricity generation from utility-scale solar and wind assets during the first half …
U.S. Renewables Electricity Output Overtaking Nuclear Read More »
(Reuters) – Britain’s renewables industry has called on the new Labour government to increase the country’s renewable auction budget by hundreds of millions of pounds to help meet its offshore wind target and wider goal to decarbonise the power grid. Labour swept to victory in Britain’s election last week and the party has pledged to …
British Renewable Industry Pushes New Govt to Increase Auction Budget Read More »
Wind turbines are seen in a windfarm near Radenac in Brittany, France, October 3, 2017. REUTERS/Stephane Mahe/File Photo By Kate Abnett BRUSSELS, July 5 (Reuters) – Hundreds of gigawatts of wind energy projects are waiting for permits to connect to Europe’s power grid, a backlog that threatens to slow the shift to green energy, industry association …
Years-long wait for permits blocking European wind farms, industry says Read More »
(Reuters) – President Joe Biden’s administration on Tuesday unveiled final rules for new clean energy subsidies in an effort to make jobs and wages in green industries competitive with those in oil and gas. The guidelines for companies seeking to claim tax credits tied to job quality are aimed at delivering on Biden’s vision that …
U.S. Unveils Rules for Subsidies to Boost Clean Energy Wages Read More »
(Reuters) – Japan, a major coal and liquefied natural gas (LNG) buyer, could be energy-independent by 2060 thanks to expansion of solar and wind power together with storage batteries, said Jarand Rystad, chief executive of the Rystad Energy consultancy. Japan imports most of its energy resources, with the Middle East, Australia and the United States …
Japan Could be Energy-Independent by 2060 Thanks to Renewables, Rystad Energy CEO Says Read More »
The US election in November may leave certain Inflation Reduction Act programs and regulations vulnerable to repeal, according to KKR & Co.’s global head of infrastructure, Raj Agrawal. “Many of our clients are asking whether we think there is an electoral outcome that will result in the repeal of the Inflation Reduction Act, which is providing …
U.S. Election May Leave Parts of Inflation Reduction Act Vulnerable, KKR Says Read More »
LONDON, June 6 (Reuters) – Global investment in clean energy technology and infrastructure is set to hit $2 trillion this year, twice the amount going into fossil fuels, an International Energy Agency report showed. Total energy investment is expected to exceed $3 trillion for the first time in 2024, the IEA said in its annual …
IEA Expects Global Clean Energy Investment to Hit $2 trillion in 2024 Read More »
(Reuters) – The New York State Energy Research and Development Authority (NYSERDA) said on Tuesday it had finalized contracts for Equinor’s Empire Wind 1 and Orsted’s and Eversource’s Sunrise Wind offshore wind projects. NYSERDA in February awarded conditional contracts to buy electricity from two proposed offshore wind projects under a program meant to support the embattled industry and keep the state’s ambitious …
New York Finalizes Offshore Wind Contracts for Equinor, Orsted Projects Read More »
(Reuters) – Countries’ climate plans are not yet in line with a goal to triple renewable energy capacity worldwide by 2030 which was set at the COP28 climate summit in Dubai last year, a report by the International Energy Agency (IEA) said on Tuesday. WHY IT’S IMPORTANT The target would involve increasing installed renewable energy …
(Reuters) – The Biden administration on Wednesday proposed expanding tax credits that have for years boosted U.S. solar and wind energy projects to cover a wider range of clean energy technologies including nuclear fission and fusion. The Treasury Department announced its guidance for Clean Electricity Production Credits and Clean Electricity Investment Credits, created under the …
Biden Administration Expands Tax Credits Beyond Wind, Solar Read More »
