Renewable energy should make up half of all supply by 2030

renewable energy wind turbineThe share of renewables in global power should more than double by 2030 as part of a ‘decade of action’ to advance global energy transformation, achieve sustainable development goals and a pathway to climate safety, according to the International Renewable Energy Agency (IRENA). Renewable electricity should supply 57 per cent of global power by the end of the decade, up from 26 per cent today. Continue reading “Renewable energy should make up half of all supply by 2030”

Why It’s Too Soon To Let Renewable Energy Subsidies Expire

sunset with wind turbinesRenewable energy is starting to lose its subsidies because it has proved that it can be as cheap and even cheaper than fossil fuels. For example, China and the United Kingdom, two of the most ardent supporters of green energy, have recently pulled back on subsidies, and the Trump administration in the United States would also like to. But while wind and solar power rates can cost less than traditional fuels, the subsidies are masking another problem — one that is becoming apparent as the subsidies are eliminated. Continue reading “Why It’s Too Soon To Let Renewable Energy Subsidies Expire”

Nuclear Power ‘Cannot Rival Renewable Energy’

nuclear power plantNuclear power is in terminal decline worldwide and will never make a serious contribution to tackling climate change, a group of energy experts argues.

Meeting recently in London at Chatham House, the UK’s Royal Institution of International Affairs, they agreed that despite continued enthusiasm from the industry, and from some politicians, the number of nuclear power stations under construction worldwide would not be enough to replace those closing down.

The industry was disappearing, they concluded, while the wind and solar sectors were powering ahead. Continue reading “Nuclear Power ‘Cannot Rival Renewable Energy’”

Denmark’s renewable energy use passes landmark and is poised to grow in 2020s

pic: Henning Bagger/Ritzau Scanpix

Over half of Denmark’s energy in 2019 came from renewable sources, marking the first time the country has hit the 50 percent mark.

Figures from 2019 show the landmark use of renewable energy.

In 2018, the country took 43.5 percent of its energy from solar and wind power, while the figure for 2017 was just under 46 percent.

The data comes from state-owned company Energinet, which runs Denmark’s power grid. Continue reading “Denmark’s renewable energy use passes landmark and is poised to grow in 2020s”

Two Large Enel Renewable Energy Plants in the US Start Operations

renewable energy Enel Green Power North America reports that operations have started at two of the company’s renewable energy plants in the United States. One is the first phase of the Roadrunner solar project in Texas, and the other is the Whitney Hill wind project in Illinois.

Construction began on the 497-MW Roadrunner solar plant in Upton County, Texas in early 2019. Enel says that the first 252-MW phase has already been completed. Enel expects that once the second phase is done, likely later this year, Roadrunner will be the largest operational solar farm in the state. Continue reading “Two Large Enel Renewable Energy Plants in the US Start Operations”

Breakthrough innovation enables cheaper solar energy production

solar energy breakthroughWhile the need for renewable energy around the world is growing exponentially, Lithuanian and German researchers have come up with a novel solution for developing low-cost solar technology. Material, synthesised by Kaunas University of Technology (KTU) Lithuania scientists, which self-assemble to form a molecular-thick electrode layer, presents a facile way of realising highly efficient perovskite single-junction and tandem solar cells. The licence to produce the material has been purchased by a Japanese company.

According to scientists, achieving perovskite-based solar cells, combining low price and high efficiency, has proven to be a difficult endeavour in the past. The particular challenge in large-scale production is the high price and limited versatility of the available hole-selective contacts. KTU chemists have addressed this challenge. Continue reading “Breakthrough innovation enables cheaper solar energy production”

‘Cleaner and cheaper’: Sunny Spain is banking on renewable energy

renewable energyMadrid, Spain – Although the outcome of the United Nations‘ COP25 climate conference negotiations may not shine for many observers, hospitable Spain welcomed the opportunity to spotlight its fast-tracked shift to renewable sources of energy.

The eco-friendly Socialist caretaker government eagerly pitched its environmental bona fides to tens of thousands who came as diplomats, investors and activists.

With world attention on its green goals, the climate champions hoped to generate enhanced commitments to reduce emissions globally – and to finance electricity projects powered by the Spanish sun’s bright rays and the strength of the Iberian wind.

“We must make this transition. There is no other way,” said Jose Dominguez Abascal, Spain’s secretary of state for energy. Continue reading “‘Cleaner and cheaper’: Sunny Spain is banking on renewable energy”

UK Renewables Outperform Gas

UK renewable wind turbinesUK Government figures show that from July to September this year renewables generated a record quarterly amount of electricity, outperforming gas for the first quarter ever.

The latest Energy Trends report, published by the Department for Business, Energy and Industrial Strategy (BEIS) shows that in the third quarter of 2019 renewables provided a record 38.9% of the UK’s electricity requirement, just above gas at 38.8%.

Low carbon electricity (renewables and nuclear) rose to a record high of 57.3% due to increased renewables generation. Generation from fossil fuels decreased to a record low of 40.1%. Continue reading “UK Renewables Outperform Gas”

BlackRock achieves record close of $1bn for renewable energy fund

Solar energy farmAmerican investment company BlackRock has announced that is has achieved $1bn for the first close of its Global Renewable Power III (GRP III) fund. The company stated that it has received commitments from 35 investors in Asia, Europe and North America.

GRP III is the third in a series of funds established by BlackRock to invest in renewable energy generation, energy storage and distribution, a market the group says is now mainstream for the power industry. Continue reading “BlackRock achieves record close of $1bn for renewable energy fund”

The benefits of renewable energy

Wind FarmSciTech Europa welcomes Steward McGrenary the director of Plunc, a high end electronics recycling company, to discuss the benefits of renewable energy.

Contrary to popular belief, renewable energy is not a new concept or recent fad. In fact, renewable energy has been successfully used for years, and has recently made impressive strides in technology, innovation, and efficiency.

However, as history would have it, the preferred method of energy use has always been the one that costs less upfront, as opposed to renewable energy, which keeps the environment cleaner and costs less in the long run. We are a society of immediacy. Continue reading “The benefits of renewable energy”