UK goes without coal power for 24 hours; a first since start of industrial revolution, but set to become “more and more common.”
As centralised and distributed energy markets continue to diverge, can the curse of capital allocation be managed in a way that creates value (or at least minimises loss) for shareholders?
By the early 2020s, unsubsidized wind and solar prices will beat the Variable Costs of Operating Coal and Natural Gas Plants
As the cost of solar, storage and wind continue to fall, the pressure on utility business models and their so-called “parenting advantage” will increase significantly.
German car maker BMW will provide Vattenfall with 1,000 lithium-ion car batteries for storage projects at wind farms.
Tesla was the dominant news force in 2016. The other big themes were battery storage, the price falls in wind and solar, the big shift from centralised energy, and politics, politics, politics.
IEA makes mockery of Turnbull government’s renewable energy scare campaigns, saying that 60% of world’s electricity will come from renewable energy if climate targets are to be met.
The first large scale wind farm in Queensland gets financial backing and will begin construction next month.
Wind and solar may be currently leading the way in Australia’s renewable energy race, but there’s another contender lurking in the nation’s oceans.