In a thinly-veiled swipe at renewable energy resources, Energy Secretary Rick Perry is reportedly ordering a study to determine whether the proliferation of renewables is threatening grid reliability by causing baseload (i.e., coal) resources to retire prematurely. The target of the report is not renewables, per se, but rather the compensation […]
Debate Flares Over Electric Grid Fuel Supplies Read More »
The Electric Reliability Council of Texas (ERCOT), Texas’s electricity grid operator, reported that wind resources on February 18 hit a record peak output of 14,023 MW at 9:20 PM, which was enough to serve just under 40% of the state’s load at that moment. A short time later, at 11:08 PM, wind resources
Wind Power Sets Records in February Read More »
Photo by Kim Hansen, CC BY 2.0. Plans have been finalized to begin construction on what will be the world’s largest offshore wind farm off the coast of Northern England. With 1.2 gigawatts of capacity produced by 174 turbines, each 623 feet tall and spread over nearly 250 square miles, the Hornsea One
World’s Largest Offshore Wind Project Approved in U.K. Read More »
Moody’s reported this week that the global issuance of green bonds in 2016 could surpass $50 billion “by a significant margin.” Merely meeting the $50 billion threshold would mark a nearly 20% increase over the $42.5 billion issued 2015, which itself was the best year for green bonds since they were
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At the United Nations-hosted Investor Summit on Climate Risk this week Mike Bloomberg, Al Gore, and others urged businesses and philanthropists to invest more in renewable energy resources. The conference, organized by the nonprofit sustainable advocacy organization Ceres, is designed to sustain the momentum from Paris and catalyze further actions that investors,
Bloomberg and Gore Urge Investments in Clean Energy Resources Read More »
