Renewable energy
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Renewables
Economic Factors Drive Wind and Solar Growth
Researchers at Lawrence Berkeley National Laboratory (LBNL) have found that a combination of lower capital, operating, and finance costs, in addition to better equipment performance, and longer useful lives, have driven power purchase agreement (PPA) prices and the levelized cost of energy (LCOE) for utility-scale wind and solar projects to all-time lows. The findings were […]
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POWER Podcasts
Clean Energy Tech Company Offers Customers Renewable Options
There is a growing trend toward clean energy around the world. A number of high-profile companies, including Google, Apple, Walmart, and more than 260 others, have set 100% renewable electricity goals, and power companies, too, have joined in the movement, with many targeting net-zero emissions in coming decades. However, most consumers have found it more […]
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Gas
Energy Deals Shift to Renewables and U.S. Shale Bargains
At a time when deal activity in the energy and natural resources sector has slowed dramatically—down 26.2% globally year-on-year—one development in particular may define the industry’s near-term future. In mid-May 2020, French oil major Total opted not to pursue a deal, announced in 2019, to purchase the African assets of Anadarko Petroleum, a U.S. producer […]
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Distributed Energy
Integrating Battery Storage with Renewable Energy
Most new utility-scale renewable energy projects, such as installations of solar and wind generation, are now including battery storage. The growing trend of integrating storage is making such projects more financially attractive, as it enhances the generation profile of the installation. Storage helps smooth the power supply, enabling electricity to flow from a project even […]
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News
Clean Energy Adds Jobs, but Pace Is Slow
An analysis of federal labor data for the clean energy sector shows renewable energy and other industries are adding jobs after months of declines brought on by the coronavirus pandemic. But the gains in July were lower than those in June, signaling sectors such as solar, wind, energy storage, energy efficiency, and electric vehicles continue […]
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Renewables
Oil and Gas Field Operations Increasingly Reliant on Renewable Power
More oil and gas companies are ditching diesel and natural gas generation for renewables to power field operations, a new study from IHS Markit suggests. The market research company says it has so far tallied
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Renewables
Renewable Energy Growth Stymied by Pandemic, but Optimism Is High
The renewable energy sector was on a steep growth curve entering 2020 with a lot of experts predicting a record year. Then COVID-19 disrupted the entire world, causing trouble in supply chains and putting millions of workers in unemployment lines. However, a new report released by the American Council on Renewable Energy (ACORE), a renewable […]
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Hydrogen
Power-to-Gas Offers an Optimal Path for a Carbon-Free California
California is widely regarded for environmental leadership, especially around clean energy policy. The state has set an ambitious goal of achieving 100% renewable energy by 2045. Decarbonizing its electric power sector requires new approaches and ways of thinking to meet carbon reduction goals, all while minimizing land use, emissions, and cost. One promising approach is […]
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Interview
[VIDEO] POWER Insights—Bringing Electricity to Underserved Areas
More than half of the population of Africa, or about 640 million people out of about 1.2 billion, does not have access to energy. It’s the lowest access rate for electricity worldwide. Bringing power to those people is important work, being led by people such as Damien Simon, marketing and strategy director for Paris, France-based […]
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Commentary
Competitive Markets and Environmental Goals—Yes, They Can Coexist
While the nation is rightfully consumed with responding to the COVID-19 crisis, other battles are being fought that also will have decades-long consequences. One of those involves states seeking to override