Wind is now America’s top renewable source of electricity generation. 2020 in particular was a banner year for wind power in the U.S., with more capacity installed in the final quarter of 2020 alone than in all of 2019. Now, the total capacity exceeds 120,000 MW, enough to power about 38 million homes. Essentially all
Environment
South Africa’s grid is dominated by coal. According to the Council for Scientific and Industrial Research (CSIR), published in its latest “Statistics of utility-scale power generation in South Africa in 2020″ report, coal still accounts for a whopping 83.5% of power generation. South Africa’s coal power plants provided 184.4 TWh of electricity in 2020. Nuclear
Crude oil prices are on a path to highs not seen since 2014, according to one chart analyst. As the energy sector tracks for its best quarter on record with a year-to-date gain of nearly 40%, there’s “clearly some upside” for oil prices as well, Piper Sandler’s Craig Johnson told CNBC’s “Trading Nation” on Friday.
Originally published on EV Annex.By Charles Morris Our neighbors in Texas got hit hard by the recent unexpected Arctic blast — some folks I know are still trying to repair water damage from pipes that burst in the freeze. Public reactions divided along predictable lines — Governor Greg Abbot falsely blamed frozen wind turbines for the
Baac3nes | Moment | Getty Images A range of tests using drones at a wind farm in the North Sea have been completed, offering another glimpse of how the technology could have an important role to play in the renewables sector. The tests were carried out at the 309 megawatt Rentel offshore wind farm by
Tesla is getting ready to open a warehouse in the historic Manchester area of Richmond, Virginia, Richmond Biz Sense reports. The location will be 300 Stockton Street and is around 19,500 square feet according to the city documents. The warehouse is related to Tesla’s energy business, not its car business. Tesla, which offers solar panels,
Workers clean the bay of the furnace at the steel plant of Salzgitter AG in Salzgitter, Germany, on March 2, 2020. MORRIS MAC MATZEN | AFP | Getty Images A major green hydrogen facility in Germany has started operations, with those behind the project hoping it will help to decarbonize the energy-intensive steel industry in
“Impossible” often really isn’t impossible. It’s often just a possibility that just takes longer to come into being and/or requires hard work. This is a thought I picked up from an author I admire, Billy Carson. And this thought applies to Tesla, Elon Musk, and the teams he manages. 2020 was a year of impossibilities
Andrew Holt | The Image Bank | Getty Images The Port of London Authority has given the go ahead for trials of tidal energy technology on a section of the Thames, in a move which could eventually help to decarbonize operations connected to the river. The mooring for the trials is situated on a part
The community choice movement has been flexing its muscles of late, and a case in point is the community choice provider Sonoma Clean Power in California. As its name indicates, SCP hooks up ratepayers with more renewable energy than their regular utility provides. Now SCP is hooking up some of its ratepayers with a free
Iranian President Hassan Rouhani makes a statement about the UAE-Israel deal after the National Combat Board Meeting with Coronavirus in Tehran, Iran on August 15, 2020. Iranian Presidency Handout | Anadolu Agency | Getty Images Time is running out for the United States to engage in meaningful diplomacy with Iran and elections set for June
Courtesy of Rocky Mountain Institute.By Mark Dyson, Lauren Shwisberg, & Charles Teplin The 2020s are poised to be transformative for the US power system. 2019 capped a decade characterized by the decline of coal and the rise of natural gas and renewables, reducing emissions and dramatically reshaping the generation mix that powers an increasingly digital economy.
Timothy Artman | Tesla Motors, Inc. Tesla holds a sizable lead over competitors when it comes to paying less for lithium-battery cells and having the lowest cost EV battery packs, according to a new report from Cairn Energy Research Advisors. What’s more, Tesla is expected to continue having the lowest costs in the EV industry
Democratic U.S. presidential candidate and former Vice President Joe Biden speaks about modernizing infrastructure and his plans for tackling climate change during a campaign event in Wilmington, Delaware, U.S., July 14, 2020. Leah Millis | Reuters With President Joe Biden’s Covid-19 stimulus package just a signature away from becoming law, the White House now turns
Michael Wirth, CEO, Chevron, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galica | CNBC Chevron CEO Michael Wirth told CNBC he hasn’t spoken to Berkshire Hathaway since the firm took a stake in the oil giant, but he said the decision suggests confidence in Chevron’s long-term future. “I can’t
Originally published on EV Annex.By Charles Morris Sometimes in the world of business, a company vertically integrates a product or service that it needs to support its own operations, and eventually finds that providing that product or service is just as lucrative as its original core business, or even more so. Think of a restaurant