It may sound counterintuitive, but higher crude oil prices have proved to be a boon for the renewable energy industry, at least when it comes to adoption of clean energy solutions and […]
IEA: “Era Of Expensive Renewables Is Over”
After a record breaking year in 2016 for solar PV, the IEA overhauled its forecast for the next five years, significantly raising the projected growth profile for renewable energy.In its new report, […]
Per capita residential electricity sales in the U.S. have fallen since 2010
July 26, 2017 Following sustained growth through 2010, U.S. residential electricity sales have declined in both absolute and per capita terms. Although changes in the weather are a key driver of year-over-year […]
Tesla, Porsche And Mercedes Developments Signal Sizeable Switch To Electric
The three winning drivers take a selfie with their Porsche 919 Hybrid race car after winning the 85th Le Mans 24-hours race on June 18, 2017. Porsche will leave Le Mans for […]
Are Renewables Set to Displace Natural Gas?
Bloomberg’s renewable energy affiliate forecasts that wind and solar power will make major inroads into the market share of natural gas within a decade. This might be a useful scenario to consider, […]
An Antidote to the Utility-Versus-Renewables Conflict
A New York Times analysis this month tallied the states that recently rolled back net metering and other policies to encourage distributed solar, attributing the developments in large part to a well-funded […]
Britain To Ban Fossil Fuel Vehicles By 2040
Great Britain will ban all new diesel and gasoline-powered automobiles after 2040, according to Environment Secretary Michael Gove. In an announcement Wednesday morning, Gove confirmed that vehicles powered solely by fossil fuels will no […]
Study Finds Advanced Reactors Will Have Competitive Costs
It uses extensive data from eight leading innovators with products under development. It merged “apples & oranges data sets” to draw comparisons. Washington, DC – A new study of contemporary nuclear industry […]
Falling Costs Push Renewable Investment Ahead Of Fossil Fuels
According to the IEA’s World Energy Investment report, investment in electricity finally surpassed investment in oil and gas in 2016, for the first time in recorded history. As spending on new fossil […]
Oil Fields Pumping a Third of Supply Die Fastest in 24 Years
The tussle for supremacy between OPEC and U.S. shale drillers is killing off older oil fields at the fastest pace in almost a quarter century. That could hurt the industry once the […]
Prometheus Institute 