John Hennessy III,
P.E.
BLOOMBERG NEW ENERGY FINANCE
Cheaper coal and cheaper gas will not derail the transformation and decarbonisation of the world’s power systems. By 2040, zero-emission energy sources will make up 60% of installed capacity. Wind and solar will account for 64% of the 8.6TW of new power generating capacity added worldwide over the next 25 years, and for almost 60% of the $11.4 trillion invested.
ENVIRONMENT AMERICA
Our transition to a clean energy system has already begun. But, with the need to reduce the pollution that causes global warming growing more urgent every day, we need to step up the pace. To maximize the benefits of moving to 100 percent renewable energy, leaders at all levels must act to accelerate our progress. America’s energy policy should facilitate mass deployment of clean energy solutions, support research and development of new clean energy technologies, and keep much of our coal, oil and gas reserves in the ground.
UNITED STATES DEPARTMENT OF ENERGY
The U.S. Department of Energy (DOE) Wind Program is committed to helping the nation secure cost-competitive sources of renewable energy through the development and deployment of innovative wind power technologies. By investing in improvements to wind plant design, technology development, and operation as well as developing tools to identify the highest quality wind resources, the Wind Program serves as a leader in making wind energy technologies more competitive with traditional sources of energy and a larger part of our nation’s renewable energy portfolio.
Texas has some of the best solar energy resources in the country. ERCOT, Texas’s power grid operator, predicts that at least 13 GW of solar will be installed in Texas by 2030…What does Texas’s solar power boom mean for West Texas towns like Fort Stockton, where a significant number of the state’s large-scale solar projects are being constructed?
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STANFORD UNIVERSITY
STEYER-TAYLOR CENTER FOR ENERGY POLICY AND FINANCE
The Obama administration has repeatedly identified the large-scale build-out of clean, renewable energy infrastructure as a key priority of the United States. The President’s calls for a cleaner energy economy are often accompanied by references to other industrialized countries such as Germany, the world’s 4th largest economy, hailed by many as a leader in renewable energy deployment and proof of concept. Indeed, the share of renewables in Germany’s electricity generation mix (28% ) is twice that of the United States (14% ), and the ambitious „Energiewende“ commits the country to meeting 80% of its electricity needs with renewables by 2050. The German renewables experience, however, is not without its critics.
UNITED STATES DEPARTMENT OF ENERGY
Annual wind power capacity additions in the United States rebounded in 2014, and continued growth through 2016 is anticipated. Recent and projected near-term growth is supported by the industry’s primary federal incentive—the production tax credit (PTC)—which is available for projects that began construction by the end of 2014. Wind additions are also being driven by recent improvements in the cost and performance of wind power technologies, which have resulted in the lowest power sales prices ever seen in the U.S. wind sector.
UNITED STATES DEPARTMENT OF ENERGY
Today, wind energy provides nearly 5% of the nation’s total electricity generation. With 65 gigawatts (GW) deployed, utility-scale installations in 39 states, and wind power generation exceeding 12% in 11 of those states, wind is a demonstrated clean, affordable electricity resource for the nation. Research and industry experience indicate that wind can be deployed at higher levels while maintaining grid reliability.
IOWA WIND ENERGY ASSOCIATION
In a conservative scenario it is estimated that Iowa wind could easily contribute a reduction of 15 million metric tons of carbon dioxide annually to the region outside of Iowa, and in a more optimistic but still moderate scenario Iowa’s contribution could easily be over 36 million metric tons annually.
CLEAN EDGE
SOLARCITY
In our second annual survey of U.S. homeowner purchasing trends and attitudes, we find that clean-energy products and services – including solar PV, utility-scale renewables, hybrid electric vehicles, and green buildings – continue to experience double-digit compound annual growth rates (CAGRs). Sustained double-digit growth rates for more than a decade reflect the long-term nature of this current shift to more efficient, cleaner, and environmentally friendly products and services. But don’t be mistaken; as our research clearly points out, it is cost savings, much more than environmental factors, that are driving this monumental shift.
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