World energy consumption to rise 50 percent by 2050 with fossil fuels still dominant, EIA says Energize Weekly, October 13, 2021 Global energy consumption is forecast to increase 50 percent over the next 30 years if no policies or new technologies are introduced to curb demand, according to the U.S. Energy Information Administration (EIA). The…
Most battery storage is now being paired with solar generation, the EIA says Energize Weekly, October 6, 2021 Battery storage is increasingly being twinned with photovoltaic solar installations, and in the next three years, 63 percent of all projected storage, 9.4 gigawatts (GW), will be co-located with solar arrays, according to the U.S. Energy Information…
Hydropower output plummets in parched U.S. West with no quick end in sight Energize Weekly, September 29, 2021 The heat wave that blanketed the western United States this summer drained the region’s hydropower output, a situation that will likely continue in 2022 and may even get worse, according to reports from multiple federal government agencies.…
Solar could power 45 percent of U.S. electricity by 2050 with multi-billion dollar investment, DOE says Energize Weekly, September 15, 2021 The U.S. could get 40 percent of its electricity from solar installations by 2035 and 45 percent by 2050 – through $225 to $560 billion in the power grid investments, according to a new…
Global EV sales bounce back from the pandemic, set to hit 14 million vehicles by 2025 Energize Weekly, September 8, 2021 Global electric vehicle sales have rebounded from the pandemic with a forecast of reaching 16 percent of all passenger car purchases by 2025, but the pace remains far short of what it will take…
Clean power capacity surges in second quarter marked by a record rise in energy storage Energize Weekly, September 1, 2021 A record-breaking 5,620 megawatts (MW) of clean power capacity was installed in the second quarter of 2021 with battery storage becoming a bigger portion of the mix, according to an American Clean Power Association market…
PJM puts transmission upgrades for onshore renewables and offshore wind at up to $3.2 billion Energize Weekly, August 18, 2021 The PJM Interconnection – the nation’s largest grid operator – estimates that it will take between $2.2 billion and $3.2 billion in new transmission investments by 2035 to accommodate the system’s growing onshore and offshore…
Global clean energy technology investment reached a record $500 billion in 2020 Energize Weekly, August 11, 2021 Global investment in clean energy technologies reached a record $501.3 billion in 2020, with renewable energy generation accounting for 60 percent of the total, according to a BloombergNEF analysis. The 2020 figure represents a 9 percent increase over…
Incentives, reliability concerns spur adoption of home solar+storage, but not economics Energize Weekly, August 4, 2021 The twinning of residential solar arrays and batteries, which rose from near zero in 2016 to about 550 megawatts (MW) of combined storage by 2020, is being driven by government and utility incentives and concerns about reliability – but…
Global coal-fired generation rebounds in 2021 with continued expansion in some countries Energize Weekly, July 28, 2021 Global coal-fired electricity generation is making a rebound in 2021 as billions of dollars in government support continue to flow to the sector and new coal-fired plants are being built or planned around the world. Coal-fired electricity generation,…
Western drought hurts hydropower production, California among the hardest hit states Energize Weekly, July 14, 2021 The drought conditions smothering the West are crippling hydropower production with hydro-generation’s share of energy production forecast to be 6.5 percent this year – the lowest it has been since 2015, according to the U.S. Energy Information Administration (EIA).…
More than half the U.S. faces electricity supply problems in the face of a long, hot summer Energize Weekly, July 7, 2021 More than half the U.S. – primarily in the West, Texas, Midwest and to a lesser extent, New England – is at risk of energy emergencies this summer, according to the North American…
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