This is the year of clean energy! Per the U.S. Energy Information Administration, solar, battery storage, and wind are poised to lead the way for new electric-generating capacity in 2024. Check out this article to learn more about the role clean energy will play! https://bit.ly/430ItNf #CleanEnergy
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📣 Check out Canary Media's Chart of the Week. It shows that nearly all new US power plants built in 2024 will be clean energy. 🌞 Solar energy is leading the charge, accounting for 58% of all new utility-scale generating capacity. 🔋 Hot on its heels, battery storage emerges as a powerhouse, securing 23% of the new capacity. This massive pivot towards renewable sources is fueled by the dramatic cost reductions over the last decade and the substantial incentives introduced by the 2022 Inflation Reduction Act. #solar #solarenergy #solarpower https://lnkd.in/exAKYJXb
Chart: Nearly all new US power plants built in 2024 will be clean…
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The International Energy Agency (IEA) released the World Energy Outlook today and it contains a vast amount of information. I found this particular graphic interesting as it highlights the falling energy prices of solar panels, wind turbines, battery storage and EV batteries from 2015 to 2023. #electricity #energy #energytransition #energypolicy #energysecurity https://lnkd.in/edMp3Sjs
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DERs are small-scale power sources like solar, wind, and battery storage that generate or store energy close to where it's used. The average US home uses about 900 kW of energy per month, and a large house in a hot climate that uses a lot of energy for air conditioning uses closer to 2,000 kW each month. Utilities' greater reliance on DERs can save money while increasing reliability. Read our blog to learn more about DERs and how MCG Energy is assisting energy providers with the effort to add more to their energy pools: https://lnkd.in/gx3rPHSA #DERs #RenewableEnergy #EnergySavings #DistributedEnergyResources #EnergyResources #MCGEnergy
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We often talk about *Value Stacking* in energy projects — stacking and optimising across multiple pools of value 🍔 I want us to also be talking more about *Resource Stacking* — stacking and optimising multiple energy resources 🍱 When resources like solar, storage, and load flexibility are co-located and co-optimised, we can use network capacity more efficiently, and create more value in energy markets and more value for consumers 🙌 #energytransition #energyoptimisation
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Navigating the Challenges of Distributed Energy Resources 💡 Distributed energy resources like solar and battery storage are transforming the energy sector. 🏗️ However, they also present challenges for the national grid infrastructure. 🌐 Learn more about the complexities of DERs in our latest article! #DERs #EnergySector #GridInfrastructure Full Article: https://lnkd.in/dBeet2SV
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https://lnkd.in/emeJ9Jts The U.S. set a record for large-scale solar construction last year, and 2024 is set to double that. Battery installations also set a record last year, with 6.4 gigawatts added. This year is set to double that, too, with 14.3 GW — and also nearly double the total installed grid battery capacity in the whole country. Almost all of those batteries will go to the booming solar markets of Texas and California, where they can soak up cheap surplus solar and play a meaningful role in averting power shortfalls during moments of extreme electricity demand. Who does love good news?
Chart: Nearly all new US power plants built in 2024 will be clean…
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The UK's latest power generation forecast from independent energy research, analytics and consulting firm Cornwall Insight indicates that solar and wind will generate only 44% of the country's electricity by 2030, significantly below the 67% required for a fully decarbonized system, posing a substantial challenge to the government's zero-carbon power pledge. Read more: https://lnkd.in/ekE2BA8F ⚡ Follow MPS (Modern Power Systems) for all the latest news daily from the global power generation industry ⚡ #MPS #power #energy #renewableenergy #decarbonization
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Energy Markets: Village approves Xcel Energy site plan 🌟📝 📝 Highlights: After receiving a requested lighting plan from Xcel Energy, the Village of Osceola Board approved the site plan of an Xcel Energy Service Center that will be located at the 🔗 Read more: https://lnkd.in/e2t6NQvx 🌐 Visit: www.energycompact.com 🔍 Join the Energy Compact: https://lnkd.in/eHY7D3jT #Comment and share your views. 🗨️ #energy #markets #newsletter
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Did you know that despite being a fraction of Canada's size, the Netherlands leads in #solar power generation? 1 in 3 homes boasts rooftop solar, contributing to powering upwards of 17% of the nation's electricity. Read on CBC News #SolarPower #Netherlands #RenewableEnergy
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“North Carolina’s advances in clean energy are helping to lead the way – but our legislature can and should do more as demand for electricity surges across our state.” – Carson Butts, State Director, Conservatives for Clean Energy NC This latest op-ed highlights the steps North Carolina is taking in solar, wind, and emerging technologies to build a reliable, clean energy future. As demand continues to grow, it's time to embrace bipartisan solutions that ensure we remain at the forefront of energy innovation. Read more: https://lnkd.in/eUcCfPq9
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