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A big year for renewables. Two-thirds of new generating capacity from renewable energy

Nearly Two-Thirds of New Generating Capacity in 2015 from Renewable Sources

It was quite a year for renewable energy. 2015 set the record for new electrical generation placed in service from solar, wind, hydropower, geothermal and biomass according to the latest Energy Infrastructure Update report released by the Federal Energy Regulatory Commission (FERC) Office of Energy Projects. Of the 16,485 megawatts (MW) of new generating capacity in 2015, 63.85 percent, nearly two-thirds, came from…

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Climate finance will lead to development of microgrids and distributed energy

COP21 Aftermath – How Climate Finance Can Support Development And Climate Objectives Through Renewable Microgrids

By Arnaud Henin The Paris climate negotiations have exceeded most expectations, concluding in an ambitious global agreement on limiting carbon emissions to restrain the impacts climate change. The agreement has several important aspects including a commitment from developed countries to a significant sum of $100 billion per year to support the transition of developing countries to a low-carbon development trajectory,…

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Climate and Prosperity: Two Roads Converge in Paris

Next week delegates. ministers, heads-of-state and civil socity meet in Paris at COP21 in hopes of striking an international commitment limiting global warming to 2 degrees Celsius from pre-industrial levels. Data recently released from the MET Office in the UK projects average global surface temperatures in 2015 are set to reach the threshold of 1 degree Celsius, halfway to the limit of “acceptable”…

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Renewable energy provides 70 percent of new generating capacity in first half of 2015

Renewable Energy Delivers 70 Percent of New Generating Capacity in First Half of 2015

According to the recently released Energy Infrastructure Update from the Office of Energy Projects at the Federal Energy Regulatory Commission (FERC), renewable energy sources accounted for 69.75 percent of new electrical generation placed into service in the first six months of 2015.* Wind provided more than half (50.64 percent) of all new capacity, or 1,969 megawatts (MW) thus far this year from 18…

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The world can run on 100 percent renewable energy, sooner and cheaper than most think

100 Percent Renewable Energy is Within Reach

There are no technological or economic reasons why we cannot completely replace fossil fuels with renewable sources of energy. In addition to curbing climate change causing greenhouse gas emissions, renewable energy also improves human health. Minimizing climate impacts and reducing health costs would generate trillions of dollars of cumulative savings. The idea that the world can be powered entirely by…

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Energy efficiency has disrupted the traditional business model for power generators

Is Energy Efficiency Disrupting the Electric Utilities’ Business Model?

We live in an age of disruption. The word denotes an undesired consequence, as in climate disruption, but it often is a powerful, if still painful, force for positive change, growth and transformation. Research by Shakeb Afsah and Kendyl Salcito with the CO2 Scorecard Group, and Nicola Limodio, a doctoral candidate at the Department of Economics at the London School of Economics, have analyzed 40 years…

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Shed a tear for the end of the fossil fuel age.

The Fossil Fuel Industry has Reason to be Nervous

“First they ignore you, then they laugh at you, then they fight you, then you win.” – Mahatma Gandhi Concerns about climate change, the demise of coal and the rise of renewable energy are making the fossil fuel industry nervous. While the fossil fuel industry initially dismissed the divestment movement, it’s size and scope give them reason to be fearful….

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