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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Wind project financing was up 16% from 1H 2021, at $84 billion. China posted remarkable investment growth in both wind and solar project finance, according to the report. It also invested $58 billion in new wind projects, up 107% year-on-year. —Chelsea Jean-Michel, offshore wind analyst at BNEF.

Financing 243
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IEA: time to tap into hydrogen’s potential to play a key role in a clean, secure and affordable energy future

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Hydrogen can help to tackle various critical energy challenges, including helping to store the variable output from renewables like solar PV and wind to better match demand. A wide variety of fuels are able to produce hydrogen, including renewables, nuclear, natural gas, coal and oil. —Dr Birol.

Clean 255
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IEA finds CO2 emissions flat for third straight year even as global economy grew in 2016

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This was the result of growing renewable power generation, switches from coal to natural gas, improvements in energy efficiency, as well as structural changes in the global economy. The biggest drop came from the United States, where carbon dioxide emissions fell 3%, or 160 million tonnes, while the economy grew by 1.6%.

Economy 199
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Sodium-ion batteries are set to spark a renewable energy revolution – and Australia must be ready – ET Auto

Baua Electric

Solar and wind are clearly now the cheapest form of electricity. But limits to these technologies can undermine the case for a renewables-only electricity mix. The challenges posed by solar and wind generators are real. They are inherently variable, producing electricity only when the sun is shining and the wind is blowing.

Sodium 52
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Sodium-ion batteries are set to spark a renewable energy revolution – and Australia must be ready – ET Auto

Baua Electric

Solar and wind are clearly now the cheapest form of electricity. But limits to these technologies can undermine the case for a renewables-only electricity mix. The challenges posed by solar and wind generators are real. They are inherently variable, producing electricity only when the sun is shining and the wind is blowing.

Sodium 52
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Berkeley study finds renewable portfolio standards insufficient to meet 2030 GHG emission targets; new policy required

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The least expensive way for the Western US to reduce greenhouse gas emissions enough to help prevent the worst consequences of global warming is to replace coal with renewable and other sources of energy that may include nuclear power, according to a new study by University of California, Berkeley, researchers. —Daniel Kammen.

Renewable 231
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Joint IEA-NEA report details plunge in costs of renewable electricity; nuclear competitive with other baseload power sources

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2010 and 2015 LCOE ranges for solar and wind technologies. The cost of producing electricity from renewable sources such as wind and solar has been falling for several years. Top: LCOE ranges for baseload technologies at three different discount rates. Source: IEA/NEA. Click to enlarge. Source: IEA/NEA. Click to enlarge.

Cost Of 150