Wind energy group to Perry: Renewable energy isn't coal's problem

Wind energy group to Perry: Renewable energy isn't coal's problem

People seem to think that not only will renewables singlehandedly clean up our climate, but they'll also make energy totally free. When the figures are finalized, the EIA estimates that April will have exceeded the 10 percent milestone too.

The cost of electricity from solar has fallen almost 75 percent since 2009 and is expected plummet another 66 percent by 2040.

"The U.S. coal industry will continue to decline, and it will continue to shed jobs", Sam Feaster, a data analyst at the Institute for Energy Economics and Financial Analysis, wrote in a recent report.

West's utilities abandon coal because it costs too much - We are surrounded by utilities abandoning coal faster than rats escaping the Titanic - Just to be clear what is being escaped from - The utility figured it could have saved $38.5 million previous year buying power on the open market rather than expensive electricity generated by coal from Navajo Generating Station. "We anticipate renewable energy reaching 74 percent penetration in Germany, 38 percent in the USA, 55 percent in China and 49 percent in India by 2040 as batteries and new sources of flexibility bolster the reach of renewable", report says.

A new report concludes that solar energy will be a cheaper way to generate electricity than coal in most parts of the world by 2021. Gas, along with battery storage, is expected to play a fundamental role in filling the gaps left by solar and wind generation, which are considered "intermittent" energy sources because the sun isn't always shining and the wind isn't always blowing.

More news: Tropical Storm Bret forms in Atlantic off Venezuelan coast

"Unlike other public health investments, you get more than lives saved".

Renewable energy capacity in the country increased at a significantly faster rate in FY2016-17 compared to coal-fired power plants.

Projected investments in renewables not enough.

There are now over 800,000 jobs in green energy in the U.S.

But a bet on the continuing and profitable growth of renewable energy, no matter which energy source or what manufacturer, is better made by putting money into utilities. Given these predictions, BNEF expect that renewables will undercut the majority of fossil based generation by 2030, even in India and China. Those yield co's have plenty of opportunities for growth, and already hold long-term contracts to sell renewable energy to utilities that ensure dividends for decades to come. 2015) consider whether the future primary energy sources for the United States could be narrowed to nearly exclusively wind, solar, and hydroelectric power and suggest that this can be done at "low-cost" in a way that supplies all power with a probability of loss of load "that exceeds electric-utility-industry standards for reliability". The move towards clean energy has been driven by several factors, from governments seeking to shore up energy security through diversification, to a new global push to reduce carbon emissions and cut the harmful impact of electricity generation on the environment.

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