Remove 2016 Remove Grid Remove Renewable Remove Wind
article thumbnail

3 Oil Majors That Bet Big On Renewables

Green Car Congress

Despite the much-vaunted megatrend involving the global electrification drive and shift to renewable energy , the most ambitious pledges by Big Oil to pursue net-zero agendas remain weak at best. Equinor has announced plans to invest $10B into clean energy by 2025, mostly through its offshore wind portfolio. 1 Equinor. 2 Total SA.

Oil 418
article thumbnail

EIA: natural gas-fired reciprocating engines are being deployed more to balance renewables

Green Car Congress

Because these units can start and stop quickly and operate at partial loads, they have become increasingly important in areas with high shares of renewable electricity generation from wind and solar. Source: US Energy Information Administration, Preliminary Monthly Electric Generator Inventory, January 2019. MW of capacity.

Gas 348
article thumbnail

Geely supporting Danish initiative on e-methanol with vehicle trials in Aalborg

Green Car Congress

While the country is one of the world’s largest producers of wind and solar renewable energy, it faces the issue of renewable energy being weather-dependent and prone to fluctuation. The uses of green methanol for commercial shipping have already been pioneered by Danish shipping giant Maersk.

Denmark 446
article thumbnail

Arizona State University Professor’s Work to Stabilize the Grid Pays Off

Cars That Think

Whenever new technologies are introduced into the power grid, there’s always a chance they could disrupt the system, possibly even leading to blackouts. Finding ways to deal with the impact on the grid caused by incorporating renewable energy has been the focus of Vijay Vittal ’s research for nearly 20 years.

Arizona 87
article thumbnail

Rhode Island's Renewable Energy Goal a Beacon for Other States

Cars That Think

Early in July, Rhode Island’s governor signed legislation mandating that the state acquire 100% of its electricity from renewable sources by 2033. But watching this tiny state go about its policy business, analysts say, might show other states how to light their own ways into a renewable future.

article thumbnail

Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

We see $548 billion being invested in battery capacity by 2050, two thirds of that at the grid level and one third installed behind-the-meter by households and businesses. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. trillion of that going to wind and solar and a further $1.5

Wind 220
article thumbnail

California ISO releases five-year strategic plan; grid integration of renewable power, support for electric vehicle charging

Green Car Congress

The California Independent System Operator Corporation (ISO), California’s non-profit grid operator, released its new five-year (2012-2016) strategic plan. Between now and 2020, wind and solar generation will quadruple within the ISO transmission grid at the same time electric vehicle charging increases significantly.

Grid 244