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

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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
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Pike Research survey finds erosion in US consumer support for clean energy since 2009; solar energy tops favorables, followed by wind, hybrid vehicles and EVs

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Percentage of consumers having extremely or very favorable views of 13 clean energy technologies, 2009-2011. Topping the favorables were solar power (77% in 2011, down from 81% in 2009); wind energy (71% in 2011, down from 79% in 2009); and hybrid vehicles (61% in 2011, down from 70% in 2009). Data: Pike Research.

2009 231
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MIT researchers propose subsea version of pumped hydro for renewable energy storage

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Researchers at MIT are proposing using a variation on pumped hydroelectric systems for storage of electricity produced by offshore wind farms. The key to this Ocean Renewable Energy Storage (ORES) system is the placement of 30-meter-diameter hollow concrete spheres on the seafloor under the wind turbines. Earlier post.).

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US installs 6.2 GW of solar PV in 2014, up 30% over 2013

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Solar accounted for 32% of US new generating capacity in 2014, beating out both wind energy and coal for the second year in a row. The utility-scale segment broke the GW mark in 2011 and has since grown by nearly 1 GW annually. The additions are dominated by wind (9.8 GW) is coal-fired generation. In 2014, 3.9

2014 150
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. The country should give greater priority to high-efficiency combined cycle power plants and wind power, the company suggests.

Germany 239
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EPA proposes rule for nationwide 30% cut in GHG from existing power plants by 2030 relative to 2005

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The value allocated here in EPA’s goal-setting formula was an average heat rate improvement of 6% for coal steam electric generating units (EGUs). billion (state compliance) in 2030 ($2011), excluding the costs associated with monitoring, reporting, and record-keeping. billion (state compliance) in 2025 (2011$). Economic impact.

2005 210
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Renewable Energy Generation: Change is not a destination, just as hope is not a strategy, a lesson exported from Detroit

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RPS policies as of March 2011. In contrast, China’s 12 th five-year plan, March 5, 2011, requires 11.4 These companies have sunk costs invested in coal, gas and oil plants and are content in maximizing the return on these investments. Perspective by The Townsend Company. Source: DSIRE. Click to enlarge. in Connecticut.

Renewable 220