Renewable Energy In The News – As the push for renewable energy continues, news continues to emerge about how different countries are using renewable resources. This page serves as a tracker for global progress in renewable energy.
Investments in renewable energy technologies—solar and wind power—now receive twice as much global funding as fossil fuels, according to a Bloomberg report.
Renewable Energy In The News
The world now adds more renewable energy capacity each year than coal, natural gas, and oil combined.
Digitalizing The Renewable Energy Sector To Tackle Emissions
According to a United Nations Environment Program report released in March by the Frankfurt School UNEP Center and Bloomberg New Energy Finance, renewable energy is becoming an important energy source globally. It enters the market on a scale related to the energy industry and at a price competitive with fossil fuels. Renewable energy is already a significant energy industry, with more than 100,000 MW of capacity installed last year.
A report published by the United Nations Environment Program in March 2015 revealed many global energy trends since 2014. Some of the key findings were:
The Renewable Energy Target Scheme was introduced in 2001 by the Howard government. It was originally set to ensure that 20% of Australia’s electricity comes from renewable sources by 2020. In 2011, the RET was implemented in two parts – the Small Scale Renewable Energy Scheme (SRES) and the Large Scale Renewable Energy Target (LRET).
The LRET provides a financial incentive to build or expand renewable energy plants such as wind and solar farms or hydroelectric plants. It does this by legitimizing the demand for large-scale production certificates (LGC). One LGC can be made for each MWh of eligible renewable electricity produced by a recognized renewable power plant. LGCs can be sold to entities (mainly electricity retailers) who submit annual submissions to the Clean Energy Regulator to demonstrate compliance with the annual targets of the RET scheme. The income from the sale of LGC by the power plant is added to the income from the sale of generated electricity.
Chevron To Buy Renewable Energy Group For $3.15 Billion
The LRET includes annual statutory targets that require significant investment in new renewable energy generation capacity in the coming years. Large-scale targets increase to 41,000 GWh of renewable electricity generation by 2020.
SRES provides a financial incentive for households, small businesses and community groups to install small-scale renewable energy systems such as solar water heaters, heat pumps, solar photovoltaic (PV) systems, small-scale wind systems or small-scale hydroelectric systems. . System. It does this by legislating the demand for Small Scale Technical Certificates (STC). STCs for these systems are established at the time of installation and are based on the amount of electricity expected to be generated or moved in the future. For example, SRES allows for STCs equivalent to 15 years of expected system output to be established at the time of installation of eligible solar PV systems.
RET-obligated entities that have an obligation under the LRET are also legally required under the SRES to purchase STCs and deliver them to the Clean Energy Regulator on a quarterly basis.
Although owners of renewable energy systems can generate and sell STCs, in practice, installers of these systems usually offer a rebate or cash payment on the installation price in exchange for the right to generate STCs. .
Bnn Bloomberg: Companies Are Flocking To Alberta To Bolster Their Esg Goals With Renewable Energy Buys
Recently, however, the RET has undergone various updates as the debate circles around specific targets that should apply to large-scale renewable energy. An open letter from various energy and environmental organizations asked for proposals on the future of the RET. This is because many in the renewable energy sector are now realizing that with less than 5 years to go, the industry does not have the time or capacity to produce renewable energy to meet the current target of 41,000 GWh by 2020.
If the RET target is not reset, energy companies face a legal penalty for renewable energy certificates, which could see energy prices rise.
Pak Energy has asked the government to compromise the production of 33,500 GWh by 2020. Currently, this industry produces about 17,000 GWh. New Delhi: There is bad news for the global renewable energy sector. After nearly two decades of strong annual growth, worldwide renewable energy added as much net capacity in 2018 as it did in 2017, an unexpected alignment of growth trends that raised concerns about meeting long-term climate goals. Gives.
2018 was the first time since 2001 that renewable energy capacity growth did not increase compared to the previous year. According to the latest data from the international agency, net new capacity of solar PV, wind, hydro, bio and other renewable energy sources increased by about 180 gigawatts (GW) in 2018. That’s about 60 percent of the net additions needed each year to meet long-term climate goals.
Apple Expands Renewable Energy Footprint In Europe
To meet the goals of the Paris Agreement, added renewable capacity must increase by an average of 300 GW per year between 2018 and 2030. But the latest analysis shows that the world is not doing enough. Last year, related CO2 emissions rose by 1.7 percent to a record high of 33 gigatonnes. Despite the 7% growth in renewable electricity production, greenhouse gas emissions from the electricity sector increased to unprecedented levels.
Dr. Fathi Birol, executive director of the International Energy Agency, said: “The world cannot stop the development of renewable energy and governments must act quickly to correct this situation and enable the rapid flow of new projects.” Thanks to rapidly falling costs, the competitiveness of renewable energy is no longer heavily dependent on financial incentives. They mainly want coherent policies supported by a long-term perspective, but focused on the integration of renewable energies into energy systems in a cost-effective and optimal way.
Since 2015, exponential growth in global solar PV has offset the slower growth of wind and hydropower. But solar PV growth was flat in 2018, adding 97 GW of capacity, falling short of expectations to surpass the iconic 100 GW mark. The main reason for China’s sudden change in solar PV incentives was to address grid integration challenges to reduce costs and achieve more sustainable PV deployment. Additionally, wind cuts in the European Union and India also helped stall renewable energy capacity growth in 2018.
China added 44 GW of solar PV in 2018, compared to 53 GW in 2017. Growth in the US was flat, but solar PV additions increased in the EU, Mexico, the Middle East and Africa, offsetting the slowdown. china
Yukon Panel Helps Plan For More Renewable Energy
Despite the slow growth of solar PV, China accounted for nearly 45% of total renewable electricity capacity additions last year. With new transmission lines and higher demand for electricity, China’s wind growth picked up last year, but hydropower expansion continued to slow, maintaining a trend seen since 2013.
Capacity additions in the European Union, the second-largest renewable energy market, slowed slightly. Compared to the previous year, solar PV grew while wind growth slowed. Policy transition challenges and changing incentives for renewables led to slower growth of offshore wind in India and solar PV in Japan.
In the US, the third-largest market, renewable capacity additions rose slightly in 2018, driven mainly by solar PV flat growth and accelerating onshore wind expansion.
I have read the privacy policy and terms and conditions and agree to receive newsletters and other communications on this email ID. The share of total gross electricity consumption in the European Union (EU) produced from renewable sources is steadily increasing year by year. . In 2018, electricity from renewable sources provided less than a third (32%) of electricity consumption, up slightly from 31% in 2017.
Helping Renewable Energy Projects Succeed In Local Communities
In 2018, wind and hydropower accounted for about a third of the total electricity generated from renewable sources, with wind energy (36%) and onshore hydropower (33%) being the most important sources. The remaining third was generated from solar energy (12%), solid biofuels (10%) and other renewable sources (9%).
The growth of electricity generated from renewable energy sources represents an increase not only in wind energy, but also in solar energy and solid biofuels (including renewable waste), and the amount of electricity generated by hydropower is about the same as it was a decade ago. . Sooner
Among member states, more than half of the electricity consumed in 2018 came from renewable sources in Austria (73 percent), Sweden (66 percent), Denmark (62 percent), Latvia (53 percent), and Portugal (52 percent). . The high share of renewable energy in electricity production in Austria and Sweden is mainly due to hydropower, which produces more than three-quarters (77%) of the electricity consumed in Austria and two-thirds (69%) in Sweden.
In contrast, less than 10% of electricity came from renewable sources in Hungary and Malta (both 8%) and Cyprus and Luxembourg (both 9%).
Germany’s Renewable Power Share Climbs To 46 Percent In 2020
The share of energy from renewable sources is calculated in the same way as in EU member states using the agreed contribution tool. Stock tool and more details about “Stock Summary Results 2018” can be found in Stocks
Renewable energy news today, renewable energy news, renewable energy group news, news about renewable energy, renewable energy news australia, renewable energy in the us, renewable energy in the home, recent renewable energy news, renewable energy in the future, latest renewable energy news, renewable energy news articles, renewable energy in the caribbean
Renewable Energy And Wildlife Conservation
READ
Author by : Christopher E. Moorman
Languange Used : en
Release Date : 2019-09-10
Publisher by : JHU Press
ISBN :
Description : Brings together disparate conversations about wildlife conservation and renewable energy, suggesting ways these two critical fields can work hand in hand. Renewable energy is often termed simply "green energy," but its effects on wildlife and other forms of biodiversity can be quite complex. While capturing renewable resources like wind, solar, and energy from biomass can require more land than fossil fuel production, potentially displacing wildlife habitat, renewable energy infrastructure can also create habitat and promote species health when thoughtfully implemented. The authors of Renewable Energy and Wildlife Conservation argue that in order to achieve a balanced plan for addressing these two crucially important sustainability issues, our actions at the nexus of these fields must be directed by current scientific information related to the ecological effects of renewable energy production. Synthesizing an extensive, rapidly growing base of research and insights from practitioners into a single, comprehensive resource, contributors to this volume • describe processes to generate renewable energy, focusing on the Big Four renewables—wind, bioenergy, solar energy, and hydroelectric power • review the documented effects of renewable energy production on wildlife and wildlife habitats • consider current and future policy directives, suggesting ways industrial-scale renewables production can be developed to minimize harm to wildlife populations • explain recent advances in renewable power technologies • identify urgent research needs at the intersection of renewables and wildlife conservation Relevant to policy makers and industry professionals—many of whom believe renewables are the best path forward as the world seeks to meet its expanding energy needs—and wildlife conservationists—many of whom are alarmed at the rate of renewables-related habitat conversion—this detailed book culminates with a chapter underscoring emerging opportunities in renewable energy ecology. Contributors: Edward B. Arnett, Brian B. Boroski, Regan Dohm, David Drake, Sarah R. Fritts, Rachel Greene, Steven M. Grodsky, Amanda M. Hale, Cris D. Hein, Rebecca R. Hernandez, Jessica A. Homyack, Henriette I. Jager, Nicole M. Korfanta, James A. Martin, Christopher E. Moorman, Clint Otto, Christine A. Ribic, Susan P. Rupp, Jake Verschuyl, Lindsay M. Wickman, T. Bently Wigley, Victoria H. Zero...
The Good News About Energy
READ
Author by : Council on Environmental Quality (U.S.)
Languange Used : en
Release Date : 1979
Publisher by :
ISBN :
Description : ...
The Renewable Revolution
READ
Author by : Sajed Kamal
Languange Used : en
Release Date : 2013-05-13
Publisher by : Routledge
ISBN :
Description : Our environment and society is threatened by fuel shortages, a changing climate and energy wars. In our race for survival we are awakened to the simple truth that the essential condition of sustainability lies in our ability to live within the limits and renewability of natural resources. It invokes within us an urgent need for transition from an obsolete, destructive and unsustainable energy path to a sustainable path of innovation, renewable energy and peace. The good news is that the technology required to make this transition is already available. From an author with over thirty years' experience campaigning for and setting up renewable energy projects around the world, this book is unique for its interdisciplinary approach-interweaving technology, economics, environmental science, philosophy, history, spirituality and politics, asserting that to understand the crisis and find a sustainable solution requires a holistic perspective. Readers will understand the vast renewable resource we have at our disposal in the form of solar, wind, water, heat and biogas, and the technologies used to harness this power. There are also the emerging prospects of solar hydrogen fuel cells, biofuels and geothermal. The true economic advantages of a shift to a renewables-based economy (and how we can get there) are also laid out clearly. There's much to learn from examples around the world while we devise local and appropriate solutions. Written for a crossover readership of students, educators, professionals, academics, activists and policymakers, both nationally and internationally, this is a comprehensive but readable and practical book that will inspire readers to wake others up to our renewable solutions....
Energy Made Easy
READ
Author by : Ronald Stein
Languange Used : en
Release Date : 2019-08-08
Publisher by : Xlibris Corporation
ISBN :
Description : Energy is multifaceted, and Energy Made Easy allows the reader to grasp enough knowledge quickly so they can participate in discussions with family, friends, co-workers, or while watching news reports. The main purpose of the book is to Help Citizens Become Energy-Literate. As an added benefit to the reader, each chapter is a stand-alone read on twelve energy subjects. The readers may not be interested in the entire spectrum of energy, but can selectively pick, and choose hot energy topics, trending on current news or social media coverage. It is dangerous and delusional to believe anything can be explained in sound bites, much less energy. This book will make you look at energy and electricity in a new, fresh way, and perspective. We believe this is desperately needed with the upcoming U.S. Presidential election, and global events taking place in China, Russia, Iran, Africa, India, and South America....
Renewable Energy Made Easy
READ
Author by : David Craddock
Languange Used : en
Release Date : 2008
Publisher by : Atlantic Publishing Company
ISBN :
Description : "Craddock, a journalist, outlines how to use alternative energy sources such as solar, wind, biomass, geothermal energy, and hydropower. He discusses their pros and cons, how they work and what makes them efficient, and areas where they need improvement. He also describes several case studies of their use, with instructions on how to build solar panels, battery chargers, and ovens, biogas generators, wind turbines, and other do-it-yourself projects."--Book News....
Power Hungry
READ
Author by : Robert Bryce
Languange Used : en
Release Date : 2011-04-26
Publisher by : PublicAffairs
ISBN :
Description : The promise of "green jobs" and a "clean energy future" has roused the masses. But as Robert Bryce makes clear in this provocative book, that vision needs a major re-vision. We cannot--and will not--quit using carbon-based fuels at any time in the near future for a simple reason: they provide the horsepower that we crave. The hard reality is that oil, coal, and natural gas are here to stay. Fueling our society requires that we make good decisions and smart investments based on facts. In Power Hungry, Bryce crushes a phalanx of energy myths, showing why renewables are not green, carbon capture and sequestration won't work, and even--surprise!--that the U.S. is leading the world in energy efficiency. Power Hungry delivers a clear-eyed view of what's needed to transform the gargantuan global energy sector....
Investing In Energy
READ
Author by : Gianna Bern
Languange Used : en
Release Date : 2011-06-21
Publisher by : John Wiley & Sons
ISBN :
Description : An energy industry researcher and investment advisor provides a fresh perspective on the economics of energy From major players in the energy industry, such as big oil, to the emerging cap-and-trade market, no other book offers a more complete overview of the energy industry, specifically its economic and financial intricacies, than Investing in Energy: A Primer on the Economics of the Energy Industry. Details how to value and invest in the four big energy sectors: oil, gas, power, and green Describes key financial considerations for the energy sectors, including credit metrics, the importance of liquidity, cash flow, and capital expenditures From Bloomberg, a leading provider of the most up-to-date business news and financial data A comprehensive guide to the economics of the energy industry, Investing in Energy will prove an invaluable resource for traditional energy investors looking to expand into new areas, as well as for eco-investors looking to better understand how energy markets function....
