Workers photographed walking past a section of solar panels at the Mohammed bin Rashid Al-Maktoum Solar Park in Dubai on March 20, 2017. STRINGER | AFP | Getty Images DUBAI, United Arab Emirates — The United Arab Emirates will invest more than $160 billion to become the first Gulf state to achieve net zero carbon
Environment
ESS is a manufacturer of iron flow batteries in the state of Oregon. At the present time, lithium-ion batteries account for about 85% of grid-scale energy storage. That technology is time-tested and reliable. Prices continue to fall, but lithium-ion batteries have some issues. They use materials like lithium, cobalt, manganese, aluminum, and nickel that can
Headlines are highlighting Europe’s energy challenges at present, with extremely high natural gas prices shocking consumers and corporations. But this was entirely predictable, and in fact was predicted. The real problem was the pivot to natural gas as a bridge fuel, and too much focus on building efficiency instead of fuel switching. Historic natural gas
Life-cycle assessments are ways to gauge the impact of any product or process. What is the cost of a system over a defined period of time? Life-cycle assessments are really important as we consider the transition to renewable energy sources, especially as we share insights into a zero emissions future with newbies or cynics. Life-cycle
In our International Energy Outlook 2021 (IEO2021) Reference case, we project that, absent significant changes in policy or technology, global energy consumption will increase nearly 50% over the next 30 years. Although petroleum and other liquid fuels will remain the world’s largest energy source in 2050, renewable energy sources, which include solar and wind, will grow to
Russian Prime Minister Vladimir Putin back in 2011. FABRICE COFFRINI | AFP | Getty Images LONDON – After Russia rode to Europe’s rescue and offered to increase gas supplies to the region amid soaring prices, experts said one thing had become abundantly clear: Europe is now largely at Russia’s mercy when it comes to energy,
A coal fired power plant in Jiayuguan, Gansu province, China. Qilai Shen | Bloomberg | Getty Images Even with the current drive toward more renewable energy sources, global carbon emissions are going to increase through 2050, unless there are significant changes in policy or technology between now and then. That’s according to a new report
An exciting new initiative has been created by the U.S. Department of Energy (DOE) and the National Renewable Energy Laboratory (NREL) to catalyze the development of cybersecurity solutions for the nation’s clean energy grid of the future. The Clean Energy Cybersecurity Accelerator brings together federal infrastructure and expertise, asset owners in the energy sector, and
According to a new report from the Institute of New Economic Thinking at the University of Oxford, previous estimates about how quickly the price of renewables will fall have consistently underestimated reality (We think they are pointing their fingers at the International Energy Agency here.) Here’s the first few paragraphs of the report: “Rapidly decarbonizing
In this article TSLA It’s been five years since Tesla acquired SolarCity for around $2.6 billion. To convince shareholders to approve the deal, Elon Musk hosted a splashy event in Hollywood, where he held up a shiny roof shingle, which he said was a miniaturized solar panel. SolarCity was founded in 2006 by Musk’s cousins,
Genex Power, which is focused on developing a portfolio of renewable energy generation and storage projects across Australia, has announced the execution of a supply agreement contract with Tesla for its Bouldercombe Battery Project in Queensland. The company noted that the Tesla energy storage devices are some of the best products available on the market
In this article .VIX An unprecedented trend appears to be underway between the booming energy sector and the turbulent stock market. Over the past ten trading days, the Bespoke Investment Group’s Paul Hickey finds energy has never performed this well while the S&P 500 is trading lower. “The energy sector is up close to 17%
By U.S. Solar Energy Industries Association (SEIA) As the solar industry continues to grow and America moves toward a bright clean energy future, there’s a critical need to make sure our electric grid can keep up. Right now, we have an historic opportunity to uplift every American community by growing the clean energy economy, but
Saudi Arabia’s Minister of Energy Prince Abdulaziz bin Salman Al-Saud speaks via video link during a virtual emergency meeting of OPEC and non-OPEC countries, following the outbreak of the coronavirus disease (COVID-19), in Riyadh, Saudi Arabia April 9, 2020. Saudi Press Agency | Reuters LONDON — Oil prices climbed to multi-year highs shortly after a
Cooling towers at the Tricastin Evolutionary Power Reactor nuclear power plant in France. Bloomberg | Bloomberg | Getty Images LUXEMBOURG — France is pushing the EU to reduce its energy dependency on foreign countries as gas prices soar across the continent. The EU has been grappling with higher energy costs in recent weeks, prompting governments in Spain, Italy, Greece,
British army personnel at the BP fuel terminal in Hemel Hempstead, U.K., on Monday, Oct. 4, 2021. Chris Ratcliffe | Bloomberg | Getty Images LONDON — British soldiers have begun delivering fuel in the U.K., as panic buying of gasoline continues in some parts of the country. Around 200 military personnel are to be deployed
Wall Street may be on the verge of an uncharacteristically painful quarter. Wharton finance professor Jeremy Siegel, who’s known for his positive market forecasts, is sounding the alarm on the market’s ability to cope with inflation. “We’re headed for some trouble ahead,” he told CNBC’s “Trading Nation” on Friday. “Inflation, in general, is going to
The YouTube channel “Corridor Crew” has shared an awesome video demonstrating just how many solar panels it would take to power the world. The video starts off with the host showing us a future time, 2100, and what it would be like if the world successfully transitioned to sustainability and there were no more climate
BOULDER, Colorado — Feeling overwhelmed with details when it comes to going solar? Don’t know where to start? Need to see the numbers for yourself? Check out your neighbor’s solar system and decreased energy bills! The American Solar Energy Society (ASES) invites you to attend their 26th annual ASES National Solar Tour this weekend, October 2-3.
Global Energy Institute 2021 has been a great year for bitcoin mining in America as new talent — and equipment — flood the market, but some states are definitely more appealing destinations than others. The latest data from the Global Energy Institute shows the average price of electricity is lowest in states including Texas and
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