Tag Archives: renewable energy commercialization

Global Renewable Power Capacity Breaches Two Terawatt Mark

Global renewable power generation capacity rose 161 gigawatts (GW) to 2.006 terawatts (TW) in 2016, marking the eighth consecutive year of 8-9 percent annual growth, according to IRENA (International Renewable Energy Agency). At that rate, capacity will double again in eight to nine years.

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Global Energy Decarbonization Tipping Point At Hand, IRENA Asserts

It's possible to reduce global energy-related greenhouse gas emissions 60% by 2050 and entirely by 2060 without sacrificing economic growth or job creation, according to IRENA, the International Renewable Energy Agency.

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Renewable Energy is Smashing Records and Crushing Fossil Fuels

Fossil fuel market is flat in the face of renewable energy growth

This is another record-breaking year for renewable energy.  In both the developed and developing world renewables are growing at a faster rate than ever before. In 2015, for the first time ever, renewable energy accounted for more than half of new power generation worldwide. Last year, we saw more investment capital being funneled into renewables than ever before and more installed capacity. Currently, renewable …

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Waiting in the Wings: U.S. Generation from Renewable Energy Sets First Quarter Record

Renewable energy generation smashes through records for the first quarter of 2016

Renewable energy sources provide almost 17 percent of total electricity generation Non-hydro renewable generation up 23 percent over 1st quarter 2015 Wind and solar energy generation increase 32 percent Wind surpasses six percent of total; solar tops one percent Coal-fired power generation plunges 24.2 percent The latest Electric Power Monthly report released late last month by the U.S. Energy Information Administration (EIA) reveals that renewable energy generation …

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New U.S. Capacity from Renewable Sources Far Outpace Natural Gas

New generating capacity in the US continues to outpace gas and other fossil fuels

The first quarter of 2016 is one of lopsided records. First there are the monthly temperature records, with February the most unusually warm on record followed by March, with yet a new record deviation. In the midst of these increasingly worrisome records is another, offering hope that the response to these changing climate patterns is underway. The latest “Energy Infrastructure Update” report just released by the …

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We are in the Midst of an Energy Revolution

The new energy economy is growing exponentially

As the future for renewable energy continues to get brighter, the prospects for fossil fuel are looking increasingly grim. Financial markets are reflecting the growing value of renewables and coming to terms with the declining value of fossil fuels. Almost a dozen stock exchanges around the world now require sustainability risk disclosure from listed companies. A total of 2.6 trillion has been diverted from fossil fuels to date. Cities, investors and even the Prince …

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