By Amy Brown, Triple Pundit
According to the International Energy Agency’s latest market forecast, renewables will continue their expansion in the next five years, covering 40 percent of global energy consumption growth. Their use continues to increase most rapidly in the electricity sector, and will account for almost a third of total world electricity generation in 2023.
As such, large utilities like NextEra Energy and MidAmerican Energy are making huge investments in renewables. James L. Robo, CEO of NextEra Energy, one of the country’s largest power generators, predicted that solar and wind power will be cheaper than coal or nuclear generation by the beginning of the next decade. MidAmerican Energy, the majority of which is owned by billionaire investor Warren Buffet’s holding company, Berkshire Hathaway, has set its sights on getting 100 percent of its electricity from wind power by 2020. Read more here.
MORE ENERGY TRANSITION NEWS & RESOURCES
Photo by Rob Davis
- Solar Energy Could Grow 6,500% by 2050, The Motley Fool
- Shell Joins Global Wind Energy Council, CleanTechnica
In what must surely be a sign of the End Times, the Global Wind Energy Council announced last week that oil and gas megalith Shell has joined as a board-level member as the company looks to expand its wind business as part of its Shell New Energies Strategy.
- 4 steps to prepare your business for a carbon-neutral future, Fast Company
- Want to nudge others to install solar? Actions speak louder than words, Phys.Org
Over the past several years, a Yale-led investigation has illustrated the key role of social
networks—particularly of trusted community leaders—in promoting the adoption of solar technologies.
HAPPENING IN OTHER STATES
- Utility attorney says Illinois’ success a credit to stakeholder collaboration, Midwest Energy News. In a Q&A, Chicago energy company attorney Mark Johnson talks about deregulation and the Future Energy Jobs Act.
- Science group to Illinois: close more coal plants, and do it quickly, Midwest Energy News
- N.D. coal plant draws scrutiny as part of Minnesota utility’s resource plan, Midwest Energy News. Clean energy groups argue the Coal Creek’s profitability has plummeted in the last three years as the cost of extracting coal has increased, and that the utility has not been aggressive enough with its energy efficiency programs, which could lessen the need for the large coal plant, they contend.
- Three Massive Solar Farms Going Up to Power Facebook Data Centers, Data Center Knowledge Three solar projects in Utah and New Mexico will add 160MW of generation capacity to Facebook’s data center power supply. Earlier this year, Facebook committed to powering its operations with 100 percent renewable energy.
- New York State is hitting its community solar stride, PV Magazine
While not entirely due to community solar, in the last decade, New York has seen a solar explosion. The state saw its total installed capacity grow more than 1,000% in size from December 2011 to December 2017. That growth figure also includes the 728 megawatts of community solar projects developed in the Empire State. As it stands, SEIA has New York ranked as the 11th in all states for total installed capacity, up from 12th in 2017, at just over 1,460 MW. SEIA also projects New York to have the nation’s 5th highest projected growth over the next five years, with 3,265 MW expected.
- New Funding Will Support Advanced Solar Careers for Veterans and Underserved Communities, The Solar Foundation News Release. The Solar Foundation was selected as a part of the Energy Department’s FY2018 SETO funding program, an effort to invest in new projects that will lower solar electricity costs and support a growing solar workforce. The Solar Foundation will work alongside other projects in the funding program to develop training programs that prepare the solar workforce for a more digital electric power system and enable veterans and transitioning military personnel to join the solar workforce.
- Cypress Creek Renewables receives $1.5 million from DOE to test bifacial modules, Solar Power World
Solar energy is playing a larger role in how the Air Force is modernizing bases, making them more resilient and less dependent on fossil fuels. Using the sun is also a cost-effective way to update aging power grids.