renewable energy cost News
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Falling Renewable Energy Costs Provide Wake-up Call to Policy Makers
Renewable energy has entered into a new virtuous cycle of falling costs, increasing deployment, and accelerated technological progress, a ground-breaking report by the International Renewable Energy Agency has found. The cost of solar energy, for example, has dropped below the cost of diesel generation worldwide for communities living away from the electricity ...
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NREL 2016 Standard Scenarios Outlook Shows Continued Growth in Renewables and Gas in the U.S. Power Sector
The Energy Department's National Renewable Energy Laboratory (NREL) has released the 2016 Standard Scenarios: A U.S. Electricity Sector Outlook. The outlook shows significant projected growth in natural gas and renewables through 2050 driven by abundant, low-cost natural gas and renewable energy cost declines and performance improvements. The Standard Scenarios are designed to capture a range of ...
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REN Alliance - IRENA Webinar. Register Now!
The REN Alliance partners, the International Geothermal Association (IGA), International Hydropower Association (IHA), International Solar Energy Society (ISES), World Wind Energy Association (WWEA) and World Bioenergy Association (WBA), are pleased to be teaming up with the International Renewable Energy Agency (IRENA), to offer a webinar on: Sustainable technology integration towards 100% ...
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NREL Estimates Economically Viable U.S. Renewable Generation
Analysts at the Energy Department's National Renewable Energy Laboratory (NREL) are providing, for the first time, a method for measuring the economic potential of renewable energy across the United States. A study applying this new method found that renewable energy generation is economically viable in many parts of the United States largely due to rapidly declining technology costs. The ...
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Siemens and Gamesa to merge wind businesses to create a leading wind power player
Siemens and Gamesa have signed binding agreements to merge Siemens’ wind business with Gamesa Businesses are highly complementary with regard to markets, products and technology and will create great value to customers and shareholders Siemens to hold a 59 percent stake and consolidate the merged company and existing Gamesa shareholders to hold 41 percent Gamesa shareholders to receive ...
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Xcel Energy Seeks More Renewables in New Mexico
Xcel Energy’s Southwestern Public Service Company (SPS) is seeking proposals for renewable resources other than wind or solar as part of its plan to diversify its renewable energy portfolio. SPS is seeking, on an annual basis, approximately 88,705 MWh (megawatt-hours) of “other” renewable energy generation as defined by the New Mexico Renewable ...
By Xcel Energy
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G20 Leaders Endorse IRENA Recommendations for Global Renewable Energy Adoption
G20 leaders agreed to accelerate efforts to triple global renewable energy capacity by 2030, aligning with recommendations from the International Renewable Energy Agency (IRENA) on how the world can move in line with the Paris Agreement targets. In a declaration adopted on Sept 9, the Group cites a joint report between IRENA and India's G20 Presidency, titled "Low-Cost Financing for Energy ...
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Energy Highways – Renewables offer quick fix for US emissions
The US could reduce greenhouse gas emissions from electricity generation by 80% below 1990 levels within 15 years just by using renewable sources such as wind and solar energy, according to a former government research chief. The nation could do this using only technologies available right now, and by introducing a national grid system connected by high voltage direct current (HVDC) that could ...
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Parabolic Trough report tackles lack of cost data for CSP plants
The new Parabolic Trough Report 2014: Cost, Performance and Thermal Storage published by CSP Today gives new clarity to cost and performance of concentrated solar power parabolic trough technology. As detailed in CSP Today’s Parabolic Trough Report 2014: Cost, Performance and Thermal Storage, the current global portfolio for the parabolic trough industry features over 65 operating plants ...
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NV Energy Offers Eligible Commercial Customers Low-Cost Renewable Energy Rate Option
Last week NV Energy filed additional information with the Public Utilities Commission of Nevada (PUCN) about the Nevada GreenEnergy Rider (NGR 2.0) that makes available more than a million megawatt hours of renewable energy resources for large commercial customers such as casinos and government entities. This offering will reduce the cost most eligible commercial customers pay for electric ...
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NREL’s Enhanced Scenario Framework for Electricity Sector Analysis Provides Cost, Performance Data
Projections of potential energy futures are highly dependent on the assumptions associated with specific technologies, market conditions, and energy policies. A new framework from the Energy Department's National Renewable Energy Laboratory (NREL) that includes generation technology cost assumptions and an ensemble of future scenarios is being used to improve the robustness and comparability of ...
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NIB finances Norwegian Østfold Energi's investments in renewable energy
The Nordic Investment Bank (NIB) and the Norwegian energy company Østfold Energi have signed a loan totalling NOK 179 million (EUR 23 million) for financing investments in wind and hydropower production, and district heating plants. The 12-year maturity loan will help finance two district heating plants, rehabilitation of five hydropower dams, the construction of the second phase of a wind farm ...
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Hydro66 stay cool with CloudCooler
EcoCooling and Hyrdo66 have once again collaborated on another exciting project, the third Hyrdo66 data hall using EcoCooling’s CloudCooler. The ever-expanding Hyrdo66 has been able to open another 4MW hall specifically designed to house high density, high-performance computing. The Hydro66 facility is located in Boden, in the far North of Sweden. Here is where the CloudCooler thrives ...
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CSP technology advances crucial for cutting costs in international markets
With other renewable energy costs dropping, and CSP projects beset by delays and regulatory changes, it’s more and more important to optimize CSP plant to demonstrate their value to the energy mix. Plants in operation must maximize each megawatt, with increasing competition from other renewable energies and recent regulatory changes it’s crucial to reduce costs during the whole life ...
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Finance questions still at heart of renewable future, according to european future energy forum
European energy ministers and industry leaders are meeting in London next month to discuss key issues of finance critical to the deployment of renewable energy. The cost implications of clean energy and where the money will come from to achieve drastic emissions reductions remains a big question. Chris Huhne, Secretary of State for Energy and Climate Change, UK, Lykke Friis, Minister for Climate ...
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Finance questions still at heart of renewable future, according to European future energy forum
European energy ministers and industry leaders are meeting in London next month to discuss key issues of finance critical to the deployment of renewable energy. The cost implications of clean energy and where the money will come from to achieve drastic emissions reductions remains a big question. Chris Huhne, Secretary of State for Energy and Climate Change, UK, Lykke Friis, Minister for Climate ...
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Renewable Energy Targets: Commission calls on Member States to boost cooperation
The European Commission presented today its Communication on the progress of renewable energy in the EU. It shows that the 2020 renewable energy policy goals are likely to be met and exceeded if Member States fully implement their national renewable energy action plans and if financing instruments are improved. It also stresses the need for further cooperation between Member States and a better ...
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Form Energy Expands Leadership Team With Sozi Tulante As New General Counsel
Form Energy, Inc. announced today that Sozi Tulante has joined the company as General Counsel where he will lead Form’s global legal, compliance, and ethics functions, as well as provide strategic counsel on Form’s commercial, legislative, and policy efforts. Tulante will report to Form Energy Co-founder and CEO Mateo Jaramillo. Tulante joins Form Energy from Dechert LLP, where he ...
By Form Energy
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Renewable energy in Asia: Opportunities through innovation
The agenda at this week’s Pacific Energy Summit, hosted by the National Bureau of Asian Research, in Hanoi, Vietnam, includes increasing energy security, expanding access to energy, and decarbonizing the power sector. Given these goals, plus the staggering growth in energy demand in Asia, as well as increasingly volatile fossil fuel prices and rapidly falling renewable energy costs, there ...
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$46 Billion Renewable Energy Market by 2008
The renewable energy market worldwide will nearly double in size from its 2005 levels by 2008 according to Renewable Energy World Markets, a newly released report from the McIlvaine Company. A market of $27 billion in 2005 is forecast to reach $46 billion by 2008. The leading segment will continue to be wind energy followed by solar and in third place biomass. Many advantages ...
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