The high level of confidence that automotive industry leaders have in the future of electric vehicles (EV’s) has been on full display recently. In just the past few weeks: Tesla’s Model 3 started to roll off the assembly line Daimler announced a $740 million investment to produce EV batteries in China Cummins noted it would have a fully electric… Keep reading →
Europe has seen a renewables surge in the last decade, with green power capacity doubling in the last five years alone.
In a new analysis, Bloomberg New Energy Finance finds that 2015 was a record year for global investment in the clean energy space, with $ 329 billion invested in wind, solar panels and biomass plants. [The Washington Post] The level of negativity around oil stocks has become extreme and it’s time to play for an… Keep reading →
Congressional Republicans are fuming after the White House threatened to veto a bill that would repeal the 40-year ban on crude oil exports. [Fox News] The House approved a bill Thursday to speed up energy development on Native American land and for Alaska natives. [The Hill] New research from Bloomberg’s New Energy Finance says that… Keep reading →
In the absence of global action to curb greenhouse gas emissions, the United States by the end of the century may face up to $180 billion in economic losses because of drought and water shortages, according to a report released Monday by the White House and Environmental Protection Agency (EPA).
It’s been 60 years in the making and it’s finally here: America’s power generation fleet has changed so much since the 1950s, and especially over the last decade, that the amount of carbon we emit per megawatt-hour of electricity produced has dropped to its lowest point in recorded history. In fact, 2015 could be the… Keep reading →
What started as a trickle has grown into a stream, and by most accounts, is likely to turn into a flood. We are, of course, talking about fossil fuel divestments as an increasing number of investors and fund managers are pledging to cleanse their portfolios of dirty assets – whatever that means. It started with… Keep reading →
Some predict that China will start dismantling coal by 2030. Others aren’t so sure. Last year, renewable energy made up nearly 70 percent of new electric generation capacity additions in China. That figure would be more impressive if coal wasn’t the reigning supreme leader of China’s energy landscape. It currently accounts for about 65 percent… Keep reading →
Quick Take: It’s always important to study smart grid pacesetters. These days, that means studying China. Especially since the smart grid market in the United States contracted a painful 33% in 2013, as you will read below. – Jesse Berst Who’s leading the world in smart grid? Consider the five points below before you give your answer:… Keep reading →
Solar poised to challenge wind’s historical dominance According to a newly released report by Bloomberg New Energy Finance (BNEF), 2013 is expected to become the first year in which solar PVs beat wind in terms of megawatts of new installed capacity on a global level. It is a remarkable feat for solar energy, which is… Keep reading →
