The path to a decarbonized world exists, but it is currently strewn with regulatory and market obstacles. With an estimated $131 trillion of investment needed to achieve mid-century climate targets, governments and […]
New York authorizes National Grid to serve retail, bid into wholesale market with upstate battery project
Dive Brief: The New York Public Service Commission (PSC) approved National Grid’s application to operate a storage project in Oswego County in both the retail and wholesale markets as a demonstration of […]
High energy demand and favourable governance are making Brazil a solar hotspot, say investors and analysts
Utility-scale solar’s contribution to Brazil’s energy mix is growing, with installs expected to hit 6GW next year. Image: Scatec. The Brazilian solar market is ripe for investment and growth. Attractive government incentives, […]
Hydrogen Demand: Hydrogen Is Not A Growth Market, It’s A Diminishing One (Part 1 Of 3)
Hydrogen continues to be a heavily discussed area in the low-carbon transition. Michael Liebreich just updated his excellent hydrogen ladder, and unlike others including me, has made his conditional peace with blue […]
Africa’s Largest Bank Stops Funding New Coal Plants
The largest bank in Africa by market capitalization, FirstRand Limited, will no longer finance new coal-fired power plants, the lender said on Wednesday in its updated energy and fossil fuel policy. From […]
Chevron CEO: Shareholder Returns Are More Important Than Solar, Wind Investment
Shareholder returns are more important for Chevron than investing in wind and solar energy, chief executive Mike Wirth told CNBC in an interview. "These [wind and solar] are technologies that are relatively […]
India’s Green Growth Imperative
India must decarbonize more, and fast, but it also needs to generate sufficient economic growth to lift one-third of its 1.3 billion people out of poverty. Achieving that without drastically increasing carbon […]
Solar deployment to reach 191GW in 2021 but fall far short of 2030 ambitions, BloombergNEF says
JinkoSolar’s own predictions about the cost of modules through to the end of 2021 are somewhat at odds with analysts. Image: JinkoSolar As much as 191GW of new solar PV is expected […]
‘We’re obviously in the middle of a dramatic transformation,’ FERC’s Glick says amid market reform talks
Dive Brief: Grid operators and utilities are considering what reforms wholesale energy and ancillary services markets may need in order to effectively manage intermittent resources and maintain reliability, according to a September […]
Energy Access Fund to Boost Development of Off-Grid Microgrids and Minigrids
A new energy access fund has been launched in a bid to promote and support the development of microgrids and other measures across sub-Saharan Africa and Asia Pacific. Photo courtesy of African […]
