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Germany and Namibia form partnership for green hydrogen

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The Federal Research Ministry will provide up to 40 million euros in funding from the economic stimulus package for cooperation within the framework of this partnership. High wind speeds in Namibia mean that the generation of wind power is particularly profitable. It has a lot of vast unused space. Namibia can provide both.

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SoCal Edison opens 32 MWh battery energy storage project, largest in North America; batteries from LG Chem

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The project is strategically located in the Tehachapi Wind Resource Area that is projected to generate up to 4,500 MW of wind energy by 2016. The demonstration project is funded by SCE and federal stimulus money awarded by the Department of Energy as part of the American Recovery and Reinvestment Act of 2009.

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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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On May 25, 1961 President John F Kennedy, in a special joint session of Congress, declared, “I believe that this nation should commit itself to achieving the goal, before this decade is out, of landing a man on the moon and returning him safely to the earth. Power plant capital costs. Perspective by The Townsend Company.

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Research Suggests Renewables Could Generate 40% of Global Power by 2050

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Renewable energy technologies could generate 40% of the world’s electricity by 2050, according to research presented at the International Scientific Congress “Climate Change: Global Risks, Challenges & Decisions”. Professor Petersen. More specifically, Germany has more than doubled its share of renewable energy since 2000.

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EIA expects US motor fuel consumption to increase this summer, but remain below 2019 levels

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That price increase paired with an increase in gasoline and diesel demand will likely increase the cost of regular gasoline and diesel fuel this summer. EIA also forecasts the Brent crude oil price will average $64 per barrel this summer, a 78% increase from last summer’s average of $36 per barrel. gal last summer.

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US Departments of Treasury, Energy Announce More Than $3B in Recovery Act Funds for Direct Payments for Renewable Energy Projects

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Funded through the American Recovery and Reinvestment Act (Recovery Act), the program will provide direct payments in lieu of tax credits in support of an estimated 5,000 biomass, solar, wind, and other types of renewable energy production facilities. Eligible types of renewable energy propertires inlcude: Large and small wind.

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IRENA, IEA study concludes meeting 2?C scenario possible with net positive economics

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Today around the world, new renewable power plants are being built that will generate electricity for less cost than fossil-fuel power plants. We are in a good position to transform the global energy system but success will depend on urgent action, as delays will raise the costs of decarbonization. Click to enlarge.

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