Energy Update

Is it going out on a limb to say this part is saying “renewables should not get special treatment above other sources?” The DOE report went on to point out that variable resources require baseload generation as a frequency smoothing backup while the wind isn’t blowing or the sun isn’t shining.
 

A year on from a storm that blacked out the entire state, South Australia has emerged from the electricity crisis to strengthen its position as a global leader in renewable energy.

Why are participants in this $23 billion industry bracing themselves at this very moment for the possibility of an industry contraction? Their concern does not stem from a competing energy source or a promising new technology on the horizon. The threat to solar’s continued growth comes from within the industry itself, as two failed U.S. solar companies push the government to punish the rest of the industry for their own failures.
 

(Thu, 14 Sep 2017) World energy consumption is projected to increase by 28% by 2040, according to the International Energy Outlook 2017. Most of the world’s growth is projected to take place in countries outside the Organization for Economic Cooperation and Development (OECD). China, India, and the other non-OECD Asia nations alone account for more than 60% of the projected increase in world energy demand.