United state eco-friendly electricity exceeded coal in 2022
Electricity produced from renewables surpassed coal in the United States for the first time in 2022, the United State Energy Information Administration revealed Monday.
Mar 28, 2023 // Markets & Finance News, USA, North America, coal
Vistra claims battery storage portfolio will certainly reach 1,213 MW by 2026
Vistra Energy will certainly have more than 1,213 MW of battery storage in operation in its portfolio by 2026, the US power generation business has claimed.
Aug 9, 2022 // Storage, USA, ITC, financial results, solar-plus-storage, North America, coal, Illinois, decarbonisation, Vistra Energy, Inflation Reduction Act, standalone battery storage
Australian government legislates for net zero by 2050, locks-in pledge to prevent future reversals
Last week, the Australian federal government proposed legislation that will certainly lock-in Australia's commitment to accomplish net zero by 2050 along with offering greater oversight as well as accountability over progression on climate change in a sharp separation from the previous administration.
Aug 4, 2022 // Markets & Finance News, Policy, Australia, Oceania, coal, legislation, net zero, legal
Queensland state budget funds battery storage buildout 'blitz'.
Queensland, Australia, needs energy storage and the state government has actually identified batteries as the fastest way to add it to the electricity network.
Jun 27, 2022 // Storage, Battery Storage, queensland, coal, decarbonisation, budget, renewables integration, government funding, state level policy, state-owned
Solid growth in Asia's non-hydropower renewable industry will assist satisfy rising power demands but coal still major player
Major capacity enhancements in Asia's non-hydropower renewables sector will facilitate the area's capability to provide electricity in the middle of rising power intake needs, which look set to exceed all various other areas as economic situations continue to expand after the easing of COVID-19 limitations, according to a Fitch Solutions' report.
Apr 13, 2022 // Markets & Finance News, India, China, pv power plants, Asia, fitch solutions, coal, hydropower, power consumption
The Philippines readied to massively increase solar capacity, project pipe grows 10-fold in a year
The Philippines looks set to substantially increase its solar implementation, according to Fitch Solutions, which has actually changed up its forecasts for the country's non-hydro renewables industry in accordance with a rapidly-expanding project pipeline as well as growing governing assistance.
Apr 8, 2022 // Markets & Finance News, Asia, Philippines, fitch solutions, coal, large-scale solar, pipeline
US solar generation up 25% in 2021, renewables' share of power mix set to surpass coal in 2022
Solar power generation in the United States rose by 25.23% in 2021, making it the country's fastest-growing source of electrical power, while renewables made up 21.02% of all electrical energy and also look set to surpass coal in regards to total manufacturing in 2022.
Mar 1, 2022 // Markets & Finance News, Rooftop PV, USA, UTILITY-SCALE SOLAR, North America, coal, EIA, sun day campaign, us energy mix
Georgia Power lays out renewables procurement plans in new IRP
United States utility Georgia Power has set out strategies to obtain as much as 6GW of new renewable power by 2035, virtually increasing its existing capacity.
Feb 3, 2022 // Plants, Markets & Finance News, Policy, USA, Georgia Power, North America, coal, irp, integrated resource plan
Regulators pave the way for solar-storage projects to change coal plant in Nevada
Regulators in Nevada have actually led the way for 2 solar-storage hybrid projects to change a legacy coal nuclear power plant in the US state, authorizing their sale to utility NV Energy.
Jan 26, 2022 // Plants, USA, UTILITY-SCALE SOLAR, Nevada, hybrid, North America, coal, decarbonisation, nv energy, Primergy
Fortescue, AGL Energy bid to transform NSW coal plants right into wind and also PV-powered hydrogen centers
Mining gigantic Fortescue is to partner with Australian energy major AGL Energy to take a look at the potential of repurposing tradition coal properties for renewables-powered green hydrogen centers.
Dec 9, 2021 // Plants, Storage, Australia, AGL Energy, Oceania, coal, green hydrogen, decarbonisation, Fossil Fuels, electrolysers, Fortescue, solar-hydrogen
Australia's AGL prepares restructure to produce 2 separate energy services
Australian utility AGL Energy has actually recommended a structural separation of the company that would entail the development of two separate services: one focused on energy retail and also the other on massive power supply.
Mar 31, 2021 // Markets & Finance News, Australia, Oceania, coal, energy transition, utility, Brett Redman, Retail, AGL
Vietnam's draft PDP8 has failed to recognize the need of creating a much more flexible system that can accommodate a transforming modern technology mix
Vietnam's just recently released draft power growth prepare for 2021-2030 (PDP8) has fallen short to recognize the value of developing an extra flexible system that can accommodate a changing modern technology mix, according to a new report from the Institute for Energy Economics and Financial Analysis (IEEFA).
Mar 11, 2021 // Policy, Market Research, Asia, coal, Vietnam, policy, IEEFA, renewables, PDP8
Polish coal giant PGE to create 3GW of solar as part of renewables push
Poland's biggest utility plans to develop 3GW of solar PV over the following ten years as it seeks to increase decarbonisation initiatives as well as come to be carbon neutral by 2050.
Oct 20, 2020 // Plants, Large-Scale, Markets & Finance News, Storage, UTILITY-SCALE SOLAR, Poland, Europe, eastern europe, coal, Polska Grupa Energetyczna, energy transition
Austria's last coal nuclear power plant closes down
Austrian power supplier Verbund has actually closed down its coal-fired area home heating plant in the state of Styria as prepared. This indicates that coal power generation in Austria is currently background, leading the way for a button to a 100% sustainable power supply by 2030.
Apr 20, 2020 // Markets & Finance News, Europe, coal, Austria, Magnus Brunner, Wolfgang Anzengruber
Polish coal titan increases down on 2.5 GW solar press regardless of service retrenchment
The proprietor of a double-digit-gigawatt profile of coal-fired power will certainly push in advance with a change to renewables also as it closes down its non-essential organisation over the COVID-19 dilemma.
Apr 15, 2020 // Plants, Large-Scale, Commercial, Poland, Europe, coal, Coronavirus, covid-19, lsdigital, financedigital, lignite