Biomass

Report: Renewables Can Supply All Of USA Power Needs

Americas, Biomass, Carbon, Policy, Technology

A new report lays out the reasons and means to alter the United States’s energy supply entirely to renewable energies. It examines the fall in wind and solar costs and the fact that solar growth has exceeded energy advocates’ expectations. It states that The United States has the technical potential to achieve its electricity needs more than 100 times over with solar energy and more than 10 times over with wind energy. Detailed studies on clean energy systems have shown that there are no obstacles in achieving a move to 100% renewable energy; it is entirely possible to make a complete transition at a cost that would be comparable or less than is currently spent on dirty energy.

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Africa Sets 300GW by 2030 Clean Energy Target

Biomass, Energy, Europe/Middle East/Africa, Geothermal, Hydro, Policy, Solar, Wind

Africa has launched the African Renewable Energy Initiative which aims to produce 300 gigawatts of clean energy for the continent by 2030.

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E.ON CEO Unimpressed With Government Policy Changes; Calls For Market Stability

Americas, Biomass, Carbon, Europe/Middle East/Africa, Policy

Michael Lewis, CEO of E.ON Climate and Renewables GmbH, has voiced caution on the UK government clean energy policy reversals. “The UK has been E.ON’s largest market in terms of gross investment but since the election last year, there have been a number of very substantial policy reversals here. This sends completely the wrong signals to investors.” He outlined that, the “EU generally and the UK specifically needs to come together and deliver some coherent policies across the renewable energy area”.

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Chile Emerges As The Clean Energy ‘Tiger’ Of Latin America

Americas, Biomass, Deals & Finance, Solar

Chile now plays host to the largest PV plants in Latin America. According to a CIFES report, the first quarter of the year saw an increase of around 254MW in solar, in addition to 6MW wind and small hydro and biomass projects. With this, the country continues to hold its position as the largest solar market in Latin America. While 10% of Chile’s power demand is now successfully met through renewable energy, their current volume is set to double under mandates set by new legislation, setting a new objective of 20% renewable energy in 2025, as well as further targets during the preceding years.

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Stunning Growth of Clean Energy In Mexico

Americas, Biomass, Deals & Finance, Solar, Wind

The recent state power auction in Mexico awarded 5.38 million megawatt-hours of energy to renewable energies; solar won 74 percent and wind won the remaining 26 percent. Solar in Mexico will now grow by an astonishing 521 percent in 2016, far exceeding projections made only months earlier. With the concentration of project developers in the country now matching the strategic objectives of its government, Mexico has the resources to become a strong and internationally significant clean energy hub.

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Energy Efficiency And Production: California Leads The Way

Americas, Biomass, Efficiency

Even with the 2nd largest energy consumption and expenditure in the USA , California has some of the lowest per capita consumption patterns in the country. This; when combined with its robust renewable energy production (nearly 4000MW solar projects installed), and a more diversified energy portfolio, sees it trailblazing towards its landmark energy targets. In addition, shielding its economy from the volatility of oil prices, California provides a model that can be used nationally, as well as globally.

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A World After Oil: Saudi Arabia Plans $2 Trillion Fund Transforming Its Economy

Americas, Asia Pacific, Biomass, Carbon, Europe/Middle East/Africa

Saudi Arabia is planning to create a $2 trillion sovereign wealth fund to reduce the country’s reliance on oil and fundamentally change its economy. The fund will then be in a position to buy the four largest publicly traded companies in the world; among them Apple Inc., Alphabet Inc. (Google parent company), Microsoft Corp. and Berkshire Hathaway Inc. and still be left with over a billion remaining. It’s a vision driven by the Deputy Crown Prince Mohammed bin Salman of Saudi Arabia who stated “undoubtedly, it will be the largest fund on Earth.

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Masdar Boosts Small-Scale Projects In Remote Pacific Islands With $50Mn Fund

Asia Pacific, Biomass, Carbon, Europe/Middle East/Africa, Region

Abu Dhabi’s state-owned renewable energy company Masdar has announced the inauguration of a series of renewable energy projects in the Pacific Island countries and territories, made possible by the $50 million UAE-Pacific Partnership Fund (UAE-PPF). The projects are designed to drive economic growth and sustainable development across the islands, in addition to job creation and capacity-building efforts. Highlights included cyclone-proof wind turbines, space-optimising solar solutions, and plants providing 50 percent of local energy requirements.

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Unprecedented Unity As Record Numbers Of Nations Sign Climate Change Agreement

Americas, Asia Pacific, Biomass, Carbon, Europe/Middle East/Africa

To enter legal force, the Paris Agreement needs a minimum endorsement from 55 countries, representing no less than 55% of greenhouse gas emissions. The World Resources Institute states that with more than 171 countries signing, these represent a total of 93% of global emissions. Among the most welcome surprises were the world’s biggest greenhouse gas emitters; China, India, Brazil and the US, who all signed the treaty. The volume of first-day-signatures broke the record held by any international treaty to date.

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Facebook, Google Lead Initiative To Add 60GW Of Clean Energy To US Grid By 2025

Americas, Biomass, Carbon, Energy

Microsoft, Facebook, and Google/Alphabet, along with power group Invenergy, GM, Honda, and Amazon, are among the 60 companies backing a group which aims to add 60GW of clean energy and renewable power capacity to the US grid by 2025. Four non-governmental organisations have come together to form the Renewable Energy Buyers Alliance (REBA), a new coalition to inspire and empower multinational companies to transform electricity systems with clean and renewable energy.

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