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Renewable Energy News Articles
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Irena: Many Renewable Energy Technologies Now Cheaper Than Fossil Fuels
How convenient would it be to have an industry ‘newspaper’ dedicated to providing cutting-edge reporting on the key issues driving this exciting sector, delivered straight to your desk?
TEI Times aims to do just that. Finally, an easy way to keep up with the latest news in the power and energy sectors – from a source you can trust.
Vistra has announced that it is seeking to extend the operation of the Comanche Peak Luminant nuclear power plant until 2053, an additional 20 years beyond its original licenses.
Carbon capture has started at Unit 13 500 MW of NTPC’s 4.8 GW Vindhyachal Super Thermal Power Station in Madhya Pradesh, India.
Renewable Energy Poses Challenge For Wildlife Conservation
French energy company EDF, which is in the process of being fully nationalized, has announced plans to sell its 50 percent stake in the 870 MW Sloe CCGT power plant in the Netherlands to Czech infrastructure operator EPH.
Several French media have reported the French government’s plans to start building its first new-generation nuclear reactors before May 2027.
Climate change is here. But we are here too! With our new growth plan driven by the Hitachi Energy 2030 goals, we aim to enable a carbon-neutral energy system by 2050 by strengthening, expanding and developing the energy system. Learn more here ➡️https://t.co/NvsqbpYUh1@HitachiGlobal pic.twitter.com/Nfw6Mqv1Qg — Hitachi Energy (@hitachienergy) October 3, 2022
Before Russia’s war against Ukraine and today’s electricity prices, few could have imagined a completely different electricity market in the EU. After decades of the status quo, here we are – on the brink of inevitable change. https://t.co/SX2WwHodNu pic.twitter.com/owmoeU7MAF — TEI Times (@) October 3, 2022
Renewable Energy On The Rise: 37% Of Eu’s Electricity
Niklas Persson, Managing Director of Hitachi Energy’s Grid Integration business, discussed with @ how key energy grid technologies and project development strategies are urgently needed to accelerate the transition to a carbon-neutral energy system. ➡ https://t.co/YdeQVaT9BQ pic.twitter.com/QEVB8kxHbW — Hitachi Energy (@hitachienergy) September 1, 2022
POWERTRENDS will bring end-to-end power and energy solutions to the Philippines from generation to consumption of electricity. There is a 20% discount on exhibition spaces when you register by September 30th! Visit https://t.co/uk7MFFuWqw or email [email protected] pic.twitter.com/UAEkJ1Dqm0 — TEI Times (@) September 28, 2022
POWERTRENDS is the only regular international power and energy exhibition with a business forum in the Philippines organized in collaboration with the Department of Energy. Register by September 30th to receive 20% off exhibit space! Go to: https://t.co/uk7MFFuWqw pic.twitter.com/DZ0WlDLYXK — TEI Times (@) September 28, 2022
Join the 25th POWERTRENDS Show on February 8-10, 2023 at the SMX Convention Center, Manila, Philippines. There is 20% off exhibition space when you register by September 30th! For more information, visit the website https://t.co/uk7MFFuWqw pic.twitter.com/fCf0G0b8lI — TEI Times (@) September 28, 2022 The cost of generating energy from renewable energy sources has reached a plateau or has fallen below the cost of fossil fuels for many technologies in many parts of the world, the International Renewable Energy Agency (IRENA) found in a new report.
Canada’s Race To Net Zero And The Role Of Renewable Energy
, concludes that biomass, hydro, geothermal and onshore wind are all competitive or cheaper than coal, oil and gas power plants, even without financial support and despite falling oil prices. Solar photovoltaics (PV) are leading the price decline, with solar PV module costs down 75 percent since late 2009 and the cost of electricity from utility-scale solar PV down 50 percent since 2010.
“Renewable energy projects around the world now match or outperform fossil fuels, especially when accounting for externalities such as local pollution, environmental damage and disease,” said Adnan Z. Amin, Director General of IRENA. “The game has changed; The falling cost of renewable energy creates a historic opportunity to build a clean and sustainable energy system and avoid catastrophic climate change in an affordable way.
For the 1.3 billion people worldwide without electricity, renewable energy is the cheapest source of energy. Renewable energy also offers major cost and security benefits to islands and other remote areas that rely on oil.
Thanks in large part to the clear business case for renewables, a record 120 gigawatts of renewables were added to the global energy mix in 2013, with similar additions forecast for 2014. Renewables accounted for 22 percent of global electricity production and 19 percent of the final total. energy consumption in 2013.
Renewable Technologies Can’t Escape The Issue Of Waste Management Ans / Nuclear Newswire
“Now is the time for a significant shift in the use of renewable energy,” Mr Amin said. “It has never been cheaper to avoid dangerous climate change, create jobs, reduce fuel import bills and secure our energy system for the future with renewable energy. This requires public recognition of the low cost of renewable energy, the end of fossil fuel subsidies, and regulations and infrastructure to support the global energy transition.
The report goes on to explain that renewable energy cost improvements are not universal and that costs vary greatly by source and availability of financing. Offshore wind and concentrated solar power (CSP) technologies are in their earliest stages and deployment costs are still higher than fossil fuel costs. However, these technologies will become more competitive in the future, especially as low-cost financing becomes available.
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Fossil Fuels Still Dominate U.s. Energy, But Renewables Growing Fast
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