Queue for electric generation and storage projects is growing across the U.S. Energize Weekly, June 2, 2021 The queue of electricity generation and storage projects is growing year-on-year, reaching a total of 950 gigawatts (GW) of capacity by the end of 2020, according to a survey by the Lawrence Berkeley National Laboratory. There are 750 GW of…
Energize Weekly, April 7, 2021 Cities and towns across the U.S. installed or purchased a record 3.7 gigawatts of renewable energy capacity in 2020, a 23 percent increase over 2019, according to the clean energy consultant, RMI. The RMI analysis was based on data from the Local Government Renewables Action Tracker, which showed nearly 100…
Energize Weekly, February 17, 2021 European oil companies are continuing their push to reorient and rebrand themselves as comprehensive energy companies and not just producers of oil and natural gas. On Feb. 9, French oil company Total announced it was changing its name to TotalEnergies to reflect a broader strategy of developing renewable energy and…
Energize Weekly, February 10, 2021 It will take years for U.S. energy consumption and carbon dioxide emissions to return to 2019 levels after the severe impact of the COVID-19 pandemic on the country’s economy and the global energy sector, according to the federal Energy Information Administration (EIA). Energy consumption in the agency’s “reference case” will…
Energize Weekly, October 28, 2020 As Election Day nears, analysts are starting to focus on what the administration of front-running Joe Biden will mean for energy and find it could accelerate the decline of coal, stabilize near-term oil markets, as well as boost renewables and new jobs. A Biden administration, despite its avowed aim of…
Energize Weekly, October 21, 2020 The global pandemic will cut worldwide energy demand 5 percent in 2020 and result in an 18 percent decline in energy investment, according to International Energy Agency (IEA) forecasts. If the novel coronavirus is brought under control in 2021, energy demand will return to its pre-crisis level by the end…
Energize Weekly, October 16, 2019 New England will have to increase the pace of renewable energy generation installations by four to eight times to meet 2050 goals to cut carbon emissions, according to a study by the Brattle Group, an economic and regulatory consultant. The region has a goal, as do several states, of reducing…
Energize Weekly, October 2, 2019 World energy consumption is projected to grow by 50 percent by 2050, with most of that demand coming from growing Asian economies, according to the federal Energy Information Administration’s (EIA) International Energy Outlook. “Energy consumption was greater in Asia than in any other region in 2018, and we project that…
Energize Weekly, August 7, 2019 Energy storage worldwide will grow 122-fold, to nearly 1,110 gigawatts (GW) by 2040 as battery prices fall and their use expands – but growth may also create supply chain challenges. These are the views of two recent analyses, one by Bloomberg New Energy Finance (BNEF) seeing market growth, and another…
Energize Weekly, June 12, 2019 While the deployment of carbon-free electricity generation advanced in 2018, many key technologies are lagging in the pace needed to reach international goals, according to the International Energy Agency (IEA). “The world is currently not on track to meet the main energy-related components of the Sustainable Development Goals agreed on…