ees 2019
19 November 2018 2018 12:57 PM GMT

US: EIA Data Shows Renewables Outpacing Nuclear Power In Electrical Generation

The latest data from the U.S. Energy Information Administration (EIA) is showing that electrical generation by renewable sources has edged past nuclear power. Additionally, wind and solar now provide 10% of the nation’s electricity, overall; with solar alone surpassing biomass and geothermal combined. Significantly, solar now triples electrical generation by oil.

Renewable energy sources (i.e., biomass, geothermal, hydropower, solar, wind) accounted for nearly 20% of net domestic electrical generation during the first half of 2018 – narrowly surpassing that provided by nuclear power, according to a SUNDAY Campaign analysis of just-released data from the U.S. EIA. Each accounted for almost one-fifth of the nation’s electrical generation: renewables (including distributed solar) – 19.867%, nuclear power – 19.863%.

In addition, the latest issue of EIA’s “Electric Power Monthly” (with data through June 30, 2018) reveals that solar and wind both showed strong growth with solar (i.e., utility-scale + distributed PV) expanding by 27.6% and wind by 11.2% compared to the first half of 2017. Combined, they accounted for nearly a tenth (i.e., 9.9%: wind-7.5%, solar-2.4%) of the nation’s electrical generation.

 Electricity generated by solar alone is now surpassing that supplied by biomass (1.6%) and geothermal (0.4%) combined. Moreover, the net electrical generation by solar during the first half of 2018 more than tripled that of utility-scale oil-fired facilities (i.e., those using petroleum liquids + petroleum coke).

 Small increases were also reported by EIA for geothermal and biomass — 1.0% and 0.8% respectively. Combined, non-hydro renewables grew by 12.2%. However, a 7.1% drop in hydropower output netted an increase of only 3.6% for all renewables in the first half of 2018 compared to the same period in 2017.

 That modest gain, though, continued to close the gap between renewables and coal with the latter dropping by 5.6%; renewables now provide nearly three-quarters (i.e., 74.3%) as much electricity as does coal. In fact, electrical generation by all fossil fuels (i.e., coal, gas, oil) combined was just 60.0% for the first half of 2018 while barely five years earlier, utility-scale fossil fuels accounted for nearly 70% (i.e., 68.6% at the end of 2012). The change is mostly attributable to the growth in domestic electrical production by renewable energy sources.

May 30th 2019
Battery Boom: Wind And Solar Can Generate Half Of Worldwide Electricity By 2050

Coal is to shrink to just 11% of global electricity generation by mid-century, from 38% now, as costs shift heavily in favour of wind, solar and batteries. Wind and solar are set to surge to almost “50 by 50” – 50% of world generation by 2050 due to reductions in cost. “Cheap battery storage means that it becomes increasingly possible to finesse the delivery of electricity from wind and solar so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear.”

May 30th 2019
Corporate Sourcing of Renewables Growing, Taking Place in 75 Countries

Companies in 75 countries actively sourced 465 terawatt hours (TWh) of renewable energy in 2017, an amount close to the overall electricity demand of France, according to the report from the International Renewable Energy Agency (IRENA). With the continued decline in the costs of renewables, the report suggests, corporate demand will continue to increase as companies seek to reduce electricity bills, hedge against future price spikes and address sustainability concerns.

May 18th 2019
Wind: China Maintains Emerging Markets Top Spot Following 19.7GW Build Boom

Wind industry intelligence service A Word About Wind has launched its Emerging Markets Attractiveness Index report for 2018, which provides insight and analysis into the most attractive emerging markets for wind companies. The index, now in its second year, ranks the top 30 emerging markets that investors should consider when investing in wind in Europe, Africa, Asia and Latin America. The list considers factors including political and economic stability for investors, alongside the growth of electricity demand and potential for wind growth, in order to rank the countries by overall potential. As with last year’s report, China tops the list and the ongoing trade war with the US shows no sign of slowing China’s formidable growth.

May 30th 2019
EU Approves Ambitious Energy Efficiency Goals, Encourages Clean Energy Feed-In

Europeans will now be entitled to consume, store and sell the renewable energy they produce in line with ambitious targets set by the EU. The targets are to be reviewed by 2023, and can only be raised, not lowered. By making energy more efficient, Europeans will see their energy bills reduced. In addition, Europe will reduce its reliance on external suppliers of oil and gas, improve local air quality and protect the climate. For the first time, member states will also be obliged to establish specific energy efficiency measures to the benefit of those affected by energy poverty. Member states must also ensure that citizens are entitled to generate renewable energy for their own consumption, to store it and to sell excess production.

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Wave Energy Scotland