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

Electric Vehicles, Energy Topics & Technology, Latest, Renewable Energy, Solar, Wind / By

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

Electricity Grid, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By

(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

Latest, Renewable Energy, Tri-Pinned, US News, Wind / By

(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

Electricity Grid, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By

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

CDN and International News, Latest, Renewable Energy, Solar, Wind / By

(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

Biomass, Latest, Renewable Energy, Solar, US News, Wind / By

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

Latest, Renewable Energy, Solar, Tri-Pinned, US News, Wind / By

(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

Biomass, Hydro, Latest, Ocean, Renewable Energy, Solar, Tri-Pinned, US News, Wind / By

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 Dominates Renewable Energy and Coal Power Forecasts

CDN and International News, Conventional Energy, Latest, Oil, Renewable Energy, Solar, Wind / By

(Reuters) – China’s status as the colossus of renewable energy is set to be cemented in the next five years, with the world’s second-biggest economy adding more capacity than the rest of globe combined. The International Energy Agency said in its Renewables 2023 report, released on Thursday, that China will account for 56% of renewable …

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Renewable Energy Growth Must Accelerate to Reach 2030 Goal – IEA

Latest, Renewable Energy, Solar, US News, Wind / By

(Reuters) – Global renewable energy capacity is expected to grow by two and a half times by 2030 but governments need to go further to achieve a goal of tripling it by then agreed at United Nations’ climate talks, the International Energy Agency (IEA) said. In its annual renewable energy outlook report, the IEA said …

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