Tag Archives: Green Energy

The global price tag for 100 Percent renewable energy: $73 trillion

windfarm
Offshore wind farm. Photo source: ©© Ray Wewerka

Excerpts;

A global effort to transition to 100 percent renewable energy by 2050 would cost nations $73 trillion upfront — but the expense will pay for itself in under seven years, according to a new report from researchers at Stanford University.

The study also found that the shift to a zero-carbon global economy would create 28.6 million more full-time jobs than if nations continue their current reliance on fossil fuels…

Read Full Article; Yale E360 (12-20-2019)

Renewable Energy Capacity Now Exceeds Coal in U.S.


Photo source: © SAF — Coastal Care

Excerpts;

Renewable energy now generates more electricity in the United States than coal. Solar, wind, hydropower, biomass, and geothermal totaled 21.56 percent of U.S. generating capacity as of April, according to a report from the Federal Energy Regulatory Commission (FERC). Coal, meanwhile, accounted for just 21.55 percent of capacity, down from 23.04 percent last year…

Read Full Article; Yale E360 (06-13-2019)

Renewables Cheaper Than 75 Percent of U.S. Coal Fleet, Report Finds


Photograph: © SAF – Coastal Care

Excerpts;

Nearly 75 percent of coal-fired power plants in the United States generate electricity that is more expensive than local wind and solar energy resources, according to a new report. Wind power, in particular, can at times provide electricity at half the cost of coal, the report found…

Read Full Article; Yale E360 (03-25-2019)

Researchers create hydrogen fuel from seawater


Photograph: © SAF — Coastal Care

Excerpts;

Splitting water into hydrogen and oxygen presents an alternative to fossil fuels, but purified water is a precious resource.

Stanford researchers have devised a way to generate hydrogen fuel using solar power, electrodes and seawater – Earth’s most abundant source – for chemical energy…

Read Full Article; Science Daily (03-18-2019)

Renewables Could Surpass Fossil Fuels in Britain by 2020

uk-windfarm
Photo source: ©© Adam Foster

Excerpts;

Britain will get more of its electricity from renewable energy sources than fossil fuels as early as next year, according to a new report from the energy analysts group EnAppSys. The transformation is being driven by a surge in offshore wind farms currently under construction or about to begin operating…

Read Full Article; Yale E360 (01-23-2019)

A New IFC Vision for Greening Banks in Emerging Markets


Photograph: © SAF — Coastal Care

Excerpts;

The International Finance Corporation is rapidly greening its portfolio.

This past fiscal year, 36 percent of our own accounts and mobilization supported climate-smart projects — up from 12 percent a decade ago. Since May, we have been applying a carbon price to all project finance investments in the cement, chemicals, and thermal power sectors, at $40-80 per metric ton…Yet we should do more…

Read Full Article; IPS News (10-15-2018)

California moves towards 100% carbon-free electricity after landmark vote


Photograph: © SAF – Coastal Care.

Excerpts;

By 2045, California could get 100% of its electricity from zero-carbon sources. On Wednesday, the state senate voted to pass SB100, a bill that speeds up the current goals for renewable energy–the state will now aim to hit 50% renewable electricity by 2026, and 60% by 2030–and then targets 100% carbon-free production in 27 years…

Read Full Article; Guardian UK (08-29-2018)

California lawmakers vote on bill to go emissions-free by 2045; CBS News (08-28-2018)