Source: U.S. Energy Information Administration, International Energy Outlook 2021 (IEO2021) Reference case In the Reference case of our International Energy Outlook 2021 (IEO2021), where we assume current laws and regulations continue into the future, we project that renewable resources—particularly solar […]
Energy News Beat Publishers Note (ENB): Interesting article, but not everything is accurate on the numbers or statements. When you look at the renewable costs of wind and add in the number of fossil fuels […]
KENNEWICK, Benton County – Back in March, Chris Wiley passed a long day in his tractor sowing wheat. He had the controls set to automatic steering and scanned social media. He did not like what […]
AUSTIN, Texas—The Texas wind industry suffered a devastating financial blow during last month’s electricity crisis, which hit roughly half of the state’s wind farms and may force some to seek bankruptcy protection or relinquish control […]
In its Annual Energy Outlook 2021 (AEO2021), the U.S. Energy Information Administration (EIA) projects that the share of renewables in the U.S. electricity generation mix will increase from 21% in 2020 to 42% in 2050. Wind and […]
A 50/50 joint venture between Macquarie’s Green Investment Group (GIG) and Total has been successful in securing rights to a seabed lease in the Eastern Regions zone in the Crown Estate’s Offshore Wind Leasing Round […]
In the final months of 2020, electricity generation from wind turbines in the United States set daily and hourly records. Hourly data collected in the U.S. Energy Information Administration’s (EIA) Hourly Electric Grid Monitor show an hourly […]
The closing of the transaction marks BP’s official entry into offshore wind. “We see significant opportunities by rapidly growing bp’s offshore wind business, making a major contribution to our strategic goals and developing assets that will provide long-term, […]
The timing and magnitude of wind turbine installations in the United States are often driven by tax incentives. The U.S. production tax credit (PTC), a per-kilowatthour (kWh) credit for electricity generated by eligible renewable sources, was first […]
According to the U.S. Energy Information Administration’s (EIA) latest inventory of electric generators, 9.1 gigawatts (GW) of electric generating capacity is scheduled to retire in 2021. Nuclear generating capacity will account for the largest share of […]
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