Wind and solar could provide half of the world’s energy generation by 2050 on the back of continually declining technology costs, particularly in battery energy storage, according to a new report from Bloomberg New Energy Finance (BNEF).The 150-page New Energy Outlook (NEO) 2018 report predicts that the future of the global electricity system will be
If you are wondering what the new energy revolution really holds, then this is a great overview from the Australian ABCTV television channel.
According to a recent report, Bitcoin mining could account for as much as 0.5 percent of global electricity demand by the end of 2018. “Mining” is the process by which a global network of computers verify Bitcoin transactions, and running all of those computers uses a lot of energy. As electricity demand for mining Bitcoin
The UK’s solar installs across 2017 were less than half that of the previous year according to SolarPower Europe’s latest report, which has dubbed the UK “the only rainy” European country in terms of growth to 2022.The Global Market Outlook for Solar Power 2018-2021 found that the UK committed to a ‘solar exit’ in 2016
EDF Energy has agreed to pay out £350,000 to a consumer fund to avoid enforcement action by Ofgem after the supplier failed to meet its smart meter targets in 2017.The Big Six firm missed its annual installations for 2017 by less than a month, hitting its target for last year in January 2018.
The UK could meet its future power demand predominantly through wind and solar generation without jeopardising security of supply, a new report has revealed.The report, produced by consultancy Vivid Economics in partnership with Marko Aunedi, an academic within Imperial College’s faculty of engineering, has assessed how the UK power system can decarbonise out to 2030,
Energy regulators must address the rise of bundled distributed generation technologies, EV charging infrastructure and cyber security or risk impeding the clean energy transition, a new report from the Council of European Energy Regulators has said.The report, published last week, identifies five particular trends that stand to shape the emerging future energy market. The CEER
Eight months on from the devastation of Hurricane Maria, the 3,160 inhabitants of Puerto Rico’s mountainous Mariana remain without grid power. Tired of waiting, community members recently took matters into their own hands with the help of a modular microgrid.Following major damage, experts believe that 90 percent of the grid can be restored within one
A British company aims to provide pay-as-you-go solar power to millions of people in the Democratic Republic of Congo, the vast central African nation where less than a fifth of the population have access to electricity.London-based BBOXX Ltd. last week announced it signed a deal with Congo’s government securing exemptions on import duties and value-added
Companies that need batteries are placing bets with the firms that make them.