Energy Update
U.S. Sens. Ron Wyden (D-Ore.), Jeff Merkley (D-Ore.), Angus King (I-Maine), Brian Schatz (D-Hawaii), and Jack Reed (D-R.I.), have reintroduced The Marine Energy Research and Development Act, intended to increase production of low-carbon, renewable energy from the natural power in ocean waves, tides and currents.
In early June, the UK enshrined into law a commitment to reach net zero carbon emissions by 2050, making Britain the first major economy to do so. Meeting this target will require substantial reliance on renewable energy from solar, tidal, hydro, and wind sources, both onshore and offshore.
Hydrogen, which has been touted as the fuel of the future much of the past five decades, may finally be on the verge of converting its potential to reality.
The 122.4-MW Bicentennial Wind Farm has been inaugurated in the Santa Cruz province of Argentina and is currently the largest wind farm in the country, according to BNamericas.
Eleven million people were employed in renewable energy worldwide in 2018 according to the latest analysis by the International Renewable Energy Agency (IRENA).
Iowa economic development officials are tentatively endorsing a tax credit for battery storage to complement the state’s wind and solar generation.
Natron Energy said that the California Energy Commission (CEC) awarded it a $3 million grant for “Advanced Energy Storage for Electric Vehicle Charging Support.” Natron will use the money to manufacture and install a high powered, long cycle life energy storage system at an EV Fast Charging station.
Today, solar power has become cheaper than the production cost of any other existing conventional power generation technology. The arrival of grid parity heralds a milestone in the history of energy production. It means solar energy being commercially viable without any subsidies or state support; producing energy with the lowest possible environmental impact.
On June 12, Target corporation said it was increasing its renewable energy goals by committing to source 100 percent of its electricity from renewable sources by 2030. The goal applies to all of Target’s domestic operations.
In an announcement that was celebrated by the solar industry, yesterday U.S. trade officials said that bi-facial solar modules, which are solar modules that produce energy on both sides of the panel, would be exempt from import tariffs.
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