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Early last year, I thought the increase in wind and solar power prices was a blip. After all, one of the constants in my decade-plus covering energy was that wind and solar prices were in a near-perpetual state of decline.
International Climate Science Coalition Executive Director Tom Harris discusses how he was once a climate alarmist but now sees it as a scam on ‘The Ingraham Angle.’
Renewable energy sources covered Greece’s electricity demands for about five hours last Friday, the Independent Power Transmission Operator, or IPTO, said. Renewables also posted a new record that day, reaching a peak of 3,106 megawatt hours (MWh) of electricity.
Rising energy costs have been the main cause of rising inflation worldwide. Experts say the low-carbon energy transition could bring inflation down.
More than 4 million Floridians lost power after Hurricane Ian. But not communities like Babcock Ranch, a Southwest Florida development that bills itself as America’s “first solar-powered town.”
While hard-hit Fort Myers, Florida, continues its recovery from Hurricane Ian, some hope can be found 12 miles to the northeast at the planned community of Babcock Ranch. That's where Syd Kitson and his partners built an environmentally friendly, fully sustainable town that they hoped would be hurricane proof. Kitson, an eco-conscious developer and former pro football player, rode out the hurricane at Babcock Ranch. Unbelievably, none of the 5,000 people there lost power during the storm.
The rise in wind and solar generation met over three-quarters of the demand growth in the first half of 2022, while hydro met the remainder, preventing a possible 4 per cent increase in fossil generation and avoiding $40bn in fuel costs and 230MtCO2 in emissions.
The report analysed electricity data from 75 countries representing 90 per cent of global electricity demand. It compares the first six months of 2022 to the same period in 2021 to show how the electricity transition has progressed.
Investments in battery factories, solar panel manufacturing and mining will help the Biden administration meet targets for reducing greenhouse gases.
As energy costs soar around the world, a curious thing is happening with increasing frequency in power grids in certain corners of the US: Prices are plunging below zero.
A new report from the think tank RMI has a banger of a graphic that puts new and recent energy laws into historical context.