Tag Archives: outlook

Offshore wind industry poised for growth, but economic pressures and tech innovation need to be managed

offshore wind energy

  In its new report, ‘A turning point for offshore wind’, Allianz Commercial highlights growth opportunities, tech innovations, risk trends, and loss patterns for the global industry. Damage to cables is the top cause of insurance claims, followed by turbine failure. Speed of build-out is creating pressure on materials and supply chains, port infrastructure, and available construction and maintenance vessels. …

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Making a More Energy Efficient Supply Chain

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Countries are following the United Nations’ lead and developing strict sustainability regulations. Environmentalists recognize corporations’ impacts on ecological degradation. They are working with government officials to set corporate responsibility laws. Companies can adhere to sustainability laws by improving their supply chains’ energy efficiency. Eco-conscious practices may also enhance companies’ sales, meeting eco-consumers’ demands. Before assessing the efficiency enhancement methods, individuals …

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What are the Environmental Benefits of Biomass Power?

Biomass Power

Emily Newton is the Editor-in-Chief of Revolutionized Magazine, an online publication that explores innovations in science and technology.   Renewable energy sources are slowly becoming more popular and some, like biomass power, could change the energy sector forever. Biomass is one of the main renewable energy sources available to us today, though it tends to get overlooked in favor of …

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How Did COVID-19 Impact Wind Energy?

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The pre-pandemic wind energy market was booming. In 2019, the sector saw its second-largest expansion since 2015, adding 57.4 gigawatts of capacity. Like virtually every other industry, though, wind power experienced a sudden onslaught of disruption from COVID-19. Now, many sectors are starting to recover, and there seems to be an end to the pandemic in sight. While COVID-19 caused …

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How Did Solar Become the Cheapest Energy?

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The solar power industry hit a remarkable achievement in 2020. According to the International Energy Agency (IAE), solar photovoltaics are now the cheapest way to produce energy in most countries. Solar energy prices have been falling since the technology’s inception, but this is a substantial accomplishment. Ten years ago, solar was the most expensive energy option, but its cost has …

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Production of Carbon-Free “Green” Hydrogen Could Be Cost Competitive by 2030

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LONDON (July 15, 2020) – By 2030 the production of hydrogen fuel by “splitting” water—which can be carbon-free provided the electricity used in the process is produced by renewables—could become cost competitive with currently predominant methods that require the use of natural gas as a feedstock, according to analysis by the IHS Markit Hydrogen and Renewable Gas Forum. This so-called “green” hydrogen …

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Lithium-ion power battery market

Lithium-ion power battery

Lithium-ion power battery market size to exceed $51.3 billion by 2020 end The research report on ‘Lithium-ion power battery market’ provides elaborative details about this business space subjected to its overall prominence in the semiconductor and electronics industry and its segmentation into anode material types, regions, application, and robust competitive landscape.   Selbyville, Delaware, May 04, 2020 (GLOBE NEWSWIRE) — …

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CORPORATE CLEAN ENERGY BUYING SURGED TO NEW RECORD IN 2018

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Corporations purchased 13.4 gigawatts of clean power through long-term contracts, more than doubling 2017’s total, helped by demand from new industries and previously untrodden markets New York and London, January 29, 2018 – Corporations bought a record amount of clean energy through power purchase agreements, or PPAs, in 2018, shattering the previous record set in 2017. Highlights included a wave of …

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New Research Provides a Reality Check on the Outlook for Renewable Energy

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Technology Radar 2018 “Renewable Energy” report – launched today by Lloyd’s Register – analyses the sizeable renewable energy impacts in the next five (5) years and beyond. It provides answers from leading industry experts on their optimism, concerns and investment outlook on tomorrow’s energy mix. If there were doubts that renewable energy sources could ever compete effectively with oil, natural …

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Projected electricity generation mix is sensitive to policies, natural gas prices

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Source: U.S. Energy Information Administration, Annual Energy Outlook 2017 Interactive Table Viewer The mix of fuels used to generate electricity in the United States has changed in response to differences in the expected cost of fuels and electricity-generating technology costs and their deployment. These factors, together with policies affecting emissions from power generation, will determine the generation fuel mix of …

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Efficiency Costs Drop: Still Cheaper Than Power Plants

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February 02, 2017 Sheryl Carter Energy efficiency programs to help utility customers save energy (and money) have dropped markedly in cost, and they’re cheaper than building new power plants to meet electricity demand, according to a new analysis from the Lawrence Berkeley National Laboratory (LBNL). The findings are a fitting tribute to Art Rosenfeld, the Berkeley Lab scientist and “godfather …

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2017 United States Solar Power Rankings

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2017 United States Solar Power Rankings (click the image for a larger version) Welcome to our annual state rankings report Hey folks! 2016 was a hell of a year, huh? Nowhere was that statement more true than in the solar industry. We’ve been through the ringer this year, with some big victories and big defeats. We began the year with …

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Global Solar-PV Polysilicon Prices Rise, as China-US Trade Dispute Continues

U.S. polysilicon manufacturers have essentially lost access to China, while Asian countries have greatly benefited from their ability to increase market share there The ongoing trade dispute between China and the United States continues to affect the manufacture of polysilicon used for solar-photovoltaic (PV) modules in both countries, but not equally. A rush to install projects in China before the …

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China’s Non-Hydropower Renewable Installed Capacity Will More than Triple to 609 Gigawatts by 2025

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China’s cumulative installed capacity for renewables, excluding hydropower, will increase from 196.3 Gigawatts (GW) in 2015 to an estimated 608.9 GW by 2025 ‘China’s renewable energy sources, especially wind power, will continue to grow thanks to the government’s supportive policies,’ says analyst   Cumulative installed capacity for renewables, excluding hydropower, in China will more than triple from 196.3 Gigawatts (GW) …

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Renewables Will Drive Denmark’s Cumulative Installed Capacity Beyond 16 GW by 2025

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Denmark’s cumulative installed capacity is expected to expand from 13.5 Gigawatts (GW) in 2014 to reach 16.1 GW by 2025, rising at a Compound Annual Growth Rate (CAGR) of 1.7%, says research and consulting firm GlobalData. The company’s latest report* states that more than half of the total power generation will come from renewables (excluding hydropower) by 2020, as Denmark …

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Germany Will Lead Annual Offshore Wind Installations in 2015

Germany will become the world’s leading market for annual offshore wind turbine installations in 2015, with the country set to add an impressive 2,071 Megawatts (MW) this year, an almost fourfold increase from the 529 MW added in 2014, according to research and consulting firm GlobalData.The company’s latest report* states that global annual offshore wind installations will more than double, …

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Residential Solar Energy Storage Market to Grow by Factor of 10 from 2014 to 2018

The global market for grid-connected residential photovoltaic (PV) solar installations coupled with energy storage is predicted to grow tenfold to reach more than 900 megawatts (MW) in 2018, up from just 90 MW in 2014, according to new analysis from IHS Technology (NYSE: IHS). This expanding opportunity for PV companies and battery manufacturers largely will be driven by the increasing …

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Residential Solar Energy Storage Market to Grow by Factor of 10 from 2014 to 2018

  The global market for grid-connected residential photovoltaic (PV) solar installations coupled with energy storage is predicted to grow tenfold to reach more than 900 megawatts (MW) in 2018, up from just 90 MW in 2014, according to new analysis from IHS Technology (NYSE: IHS). This expanding opportunity for PV companies and battery manufacturers largely will be driven by the …

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TAPPING LA’S VAST ROOFTOP SOLAR POTENTIAL COULD REAP HUGE BENEFITS FOR CITY’S MOST DISADVANTAGED COMMUNITIES

Report commissioned by LABC Institute encourages incentives to share benefits of emerging commercial solar market with low-income areas throughout Los Angeles; many local programs already benefiting from the LADWP feed-in tariff   A significantly expanded commercial rooftop solar program in Los Angeles would create thousands of new jobs and spur hundreds of millions of dollars in new investment, with particular …

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4 Great Green Technologies to Celebrate Earth Day

Environmental Advocate Shares Affordable Gadgets that Shrink Your Footprint – and Your Bills   Just as intended, the 44th annual celebration of Earth Day is surrounded by talk of our environment, our impact on it and what we can do to better live in harmony with it. “We’re seeing more and more people who realize that, if each of us …

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