Tag Archive for: solarandwind

China set a target of 1,200GW of utility-scale wind & solar capacity by 2030, but a new GEM report says it is set to meet the goal 5yrs early.

China on course to reach solar and wind power goals five years ahead of schedule

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China’s central government has set a target of 1,200 gigawatts (GW) of utility-scale wind and solar capacity by 2030, but a new Global Energy Monitor (GEM) report says the country is set to double its current capacity and meet the goal five years early, a GEM press release said.

Prospective projects that have already been announced or are in construction or pre-construction  equal about 371 GW of wind capacity and 379 GW of solar capacity — approximately the same amount as the currently installed operating capacity of China, according to the Global Solar and Wind Power Trackers.

“This new data provides unrivaled granularity about China’s jaw-dropping surge in solar and wind capacity. As we closely monitor the implementation of prospective projects, this detailed information becomes indispensable in navigating the country’s energy landscape,” said Dorothy Mei, project manager at GEM, in the press release.

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Source: Eco Watch

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Solar and wind power hit a new record this year, generating more U.S. power than coal for the first five months of the year.

Solar and wind generated more electricity than coal for record 5 months

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Solar and wind power hit a new record this year, generating more U.S. power than coal for the first five months of the year, according to preliminary data from the Energy Information Administration.

It’s the first time on record that wind and solar have out-produced coal for five months, according to industry publication, E&E News, which first calculated the figures.

Official EIA data, which is released with a lag, shows wind and solar energy out-producing coal for January, February and March, while real-time figures “indicate that same trend continued in April and May,” EIA spokesperson Chris Higginbotham said in an email.

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Source: CBS News

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The DOI said it hopes to increase the economic certainty of renewables projects sited on public land by reducing costs for developers, and pass along savings to ratepayers.

Proposed update to public land rules could provide 80% reduction in renewable project fees, says Interior

The Department of the Interior announced Thursday a proposed update to right-of-way regulations for solar and wind energy projects on public land that it hopes will reduce capacity fees by around 80%, as well as streamline application reviews.

In a release, the department said that its Bureau of Land Management would use authorizations established under the Energy Act of 2020 — which it used in 2022 to reduce fees by around 50% — to codify further reductions in acreage rents and capacity fees.

The proposed rule would also expand the BLM’s authority regarding the leasing of priority areas for wind and solar development, including allowing the bureau to accept leasing applications without going through a full auction, and accept non-competitive applications that are in the public interest.

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Source: Utility Dive

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The first of many solar and wind projects in China’s deserts is now online, and it’s capable of powering 1.5 million households.

The first of China’s desert solar and wind projects is online, and it’s huge

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The first of many solar and wind projects in China’s deserts is now online, and it’s capable of powering 1.5 million households.

This first phase of this solar and wind project is in the Tengger Desert, which lies on the southern edge of the Gobi Desert. It has an installed capacity of 1 million kilowatts, and it’s expected to generate 1.8 billion kilowatt-hours each year, according to its operating company, China Energy.

It’s also China’s first ultrahigh-voltage power transmission channel and the first major renewable project that transmits clean power from the Gobi Desert and other arid regions to the Hunan province.

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Source: electrek

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California’s power grid operator says $9.3B in new projects is needed over the next decade to support the state’s shift to renewable energy and plug-in cars.

California grid needs $9.3 billion upgrade in renewables shift

California’s power grid operator says $9.3 billion in new projects is needed over the next decade to support the state’s shift to renewable energy and plug-in cars.

The California Independent System Operator on Monday identified 46 projects that will be needed to help planned solar plants and offshore wind farms plug into the grid while improving reliability in a state that has been plagued with blackouts. CAISO identified the projects, including new or upgraded power lines and substation equipment, in a draft transmission plan. Its board is expected to vote on the plan in May.

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Source: Bloomberg

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Solar and wind installations in the US could account for between 40% and 62% of total electricity generation by 2030.

IRA will see solar and wind account for over 60% of US generation by 2030

Solar and wind installations in the US could account for between 40% and 62% of total electricity generation by 2030, according to a report from the National Renewable Energy Laboratory (NREL).

The forecast growth is due to the stimulating effects of the ‘game-changing’ Inflation Reduction Act (IRA), which came into force last summer and introduced US$369 billion in incentives and tax credits for renewable energy investment, and the Bipartisan Infrastructure Law (BIL) which focuses on jobs and infrastructure investment.

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Source: PV Tech

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The EU has saved €12 billion in gas costs thanks to the accelerated solar and wind growth since Russia’s invasion of Ukraine in 2022.

Solar and wind save €12 billion gas costs in EU since start of Russo-Ukrainian War

The EU has saved €12 billion in gas costs thanks to the accelerated solar and wind growth since Russia’s invasion of Ukraine in 2022, according to an analysis from climate and energy think tank Ember.

Solar and wind have accounted for 23% of total EU generation since the war began. This figure overtook the share of gas power (19%) for the first time. Ember said the record solar and wind generation helped the EU “weather challenging conditions” in the power section.

Growing capacity and favourable weather conditions contributed to the surge in solar and wind adoption. Their combined generation was 546TWh, an increase of 50TWh or 10% compared to the same period in 2021-22. This amount reduced the gas required for electricity generation by 90TWh and avoided gas costs of €12 billion.

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Source: PV Tech

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Replacing coal power plants across the United States with renewable energy projects would reduce carbon emissions and require less water.

Replacing US coal plants with solar and wind is cheaper than running them

Replacing coal power plants across the United States with renewable energy projects would reduce carbon emissions and require less water.

Add to the list: It would also save money.

Nearly all existing US coal plants require more cash to operate than the cost of replacing them with new wind or solar projects, according to a report published Monday by San Francisco-based climate think tank Energy Innovation.

The finding is in line with past research by BloombergNEF that determined building new solar and wind farms is cheaper than operating existing coal or gas power plants in much of the world.

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Source: BNN Bloomberg

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Wind and solar produced more than a fifth of the EU’s electricity last year, for the first time delivering more power than natural gas.

European solar and wind surpass gas power for the first time

Wind turbines and solar panels produced more than a fifth of the EU’s electricity last year, for the first time delivering more power than natural gas, a new report shows.

The analysis, from independent energy think tank Ember, indicates that wind and solar produced 22% of the EU’s electricity over the year, while gas generated 20%. The report further shows that the rise in renewable electricity generation helped to avoid €10 billion ($10.89 billion) in gas costs.

The use of coal, the most carbon-intense fossil fuel, rose by 1.5% over the year to generate 16% of European electricity—but this rise was short-lived, with thermal coal generation dropping markedly in the latter part of the year.

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Source: Forbes

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