The average energy capacity cost of utility-scale battery storage in the United States has rapidly decreased from $2,152 per kilowatthour (kWh) in 2015 to $625/kWh in 2018. Battery storage systems store electricity […]
The U.S. Has A Major EV Problem
Even a battery with a million-mile lifespan can’t overcome one of the key hurdles to mass adoption of electric vehicles (EVs) in the United States and elsewhere—the insufficient public charging infrastructure. The […]
This $40 Billion Pipeline Project Risks Becoming A Stranded Asset
Europe’s relationship with Russia has soured over the years due to diverging political views and crises such as Ukraine’s reorientation towards the West. Also, energy dependency has become a politically contentious issue. […]
So, What Exactly Are Virtual Power Plants?
We live in an increasingly virtual world. You can hold virtual meetings with virtual friends using virtual reality systems hosted on virtual servers. And in energy circles, one of the biggest buzzwords […]
Big Oil Hamstrung In Tackling Methane Problem
When the coronavirus first spread around the world, emissions-tracking organizations reported good news: the drop in industrial activity and oil and gas drilling had resulted in lower emissions of a range of […]
Demand Response Provider Asks Feds to Open States to Energy Market Competition
Over the past half-decade, the Federal Energy Regulatory Commission has consistently won court battles upholding its authority over states to set the rules for how distributed energy resources can play in wholesale […]
Why Does the U.S. Have Three Electrical Grids?
Steven Cherry Hi, this is Steven Cherry for Radio Spectrum. If you look at lists of the 100 greatest inventions of all time, electricity figures prominently. Once you get past some key […]
Big Banks Could Lose Billions In The Global Energy Transition
JP Morgan pledged to help clients align their business with Paris Agreement emission targets. HSBC announced up to a $1 trillion in green energy funding. An investor group worth $20 trillion in […]
Renewables reach 23% of European Union energy consumption after ‘paradigm shift’
EU’s renewable energy share expected to reach 33.7% by 2030. Image: Ignitis Group. The EU is on track to achieve between 22.8% to 23.1% renewables in gross final energy consumption in 2020 […]
What Is Happening With Solar Energy?
Solar roof in Telefonica corporate headquarters in Madrid E. Dans Anyone who follows developments in the energy sector will know that solar energy is no longer just the future but the present. […]
Prometheus Institute 