NewsRoom Articles - Page 39 of 92

ThursdayNov 21, 2024 8:00 am

Biden Says US Green Energy Plans Won’t Be Reversed as Trump Takes Office

Outgoing U.S. President Joe Biden Says President-elect Donald Trump will not reverse the current administration's green energy plans once he assumes office. Biden’s statement comes as the burgeoning green energy industry grows increasingly apprehensive of how a second Trump administration will impact the sector. While Biden’s administration has championed green energy and invested billions of dollars into building the country's green energy infrastructure and upgrading the grid, Trump is an outspoken critic of the administration's investment in clean energy. The Republican noted before and during his campaign that he would rescind all unsent funds invested in green energy if elected.…

TuesdayNov 19, 2024 8:00 am

COP29 Green Energy Announcements Could Boost the Transition

With the 2030 deadline for doubling energy efficiency and tripling green energy capacity just a few years away, nations are deploying affordable wind and solar energy at record pace. The ongoing 2024 United Nations Climate Change Conference (COP29) in Baku, Azerbaijan has seen a series of announcements that could accelerate the global transition to renewables in time to meet green energy goals. For starters, the Utilities for Net Zero Alliance (UNEZA) announced that its membership has doubled since its launch at COP28. UNEZA was established under the guidance of the UN Climate Change High-Level Champions and the International Renewable Energy…

FridayNov 15, 2024 8:00 am

UN Urged to Discuss Bank Financing of Renewable Energy Projects

As the 2024 UN Climate Change Conference (COP29) takes place this week, the United Nations is being urged to make renewable energy project funding part of the discussion. There have been increased calls for the UN to prioritize discussing bank lending for the burgeoning green energy industry and some even insist that banks could help speed up the transition to renewables. COP29 will run from November 11th to 22nd, in Baku, Azerbaijan, and feature discussions related to the 17 Sustainable Development Goals. Clean and affordable energy is the 7th of these 17 critical goals, making it one of the ongoing…

ThursdayNov 14, 2024 8:00 am

Could Hydrogen Hubs Boost the Energy Transition

The United States Department of Energy has committed to constructing a network of hydrogen hubs comprising pipelines and hydrogen facilities in southeast Pennsylvania. The project is part of a massive $7 billion investment in hydrogen hubs that would see hydrogen become one of the country's main renewable alternatives to fossil fuels. However, critics of the $7 billion hydrogen hub project have questioned the high costs involved as well as its projected net carbon emission savings. Outgoing President Joe Biden announced the $7 billion investment in the fall of 2023, stating that it would fund the construction of 7 hydrogen hubs…

TuesdayNov 12, 2024 8:00 am

Efficient, Resilient Grids Can Help Countries Make Energy Transition

The global transition to green energy will benefit from healthy, efficient, and resilient electricity grids. Both mini-grids and long-distance centralized grids will be required to ensure everyone has access to sustainable energy as renewables like solar and wind replace fossil fuels in the world's energy mix. While generating enough green energy to power the world's ever-increasing energy needs will be a substantial achievement, it is one half of the equation. Once this capacity is generated, utilities have to deliver it to customers, often tens or even hundreds of miles from the power plants, at relatively low costs and without overwhelming…

FridayNov 08, 2024 8:00 am

How Risks Due to Clean Energy Intermittency Can Be Mitigated

Intermittency is one of the key challenges governments will have to overcome as they build modern energy systems that are fully reliant on renewable energy. While fossil fuel-fired power plants generate energy at any time of the day or night, clean energy is dependent on the time and weather conditions. This is clean energy intermittency. A solar energy plant has zero output at night and its capacity may be limited during the day due to cloudy or overcast conditions. Renewables can produce energy in abundance but their intermittency can inject a lot of volatility into green energy prices, especially if…

ThursdayNov 07, 2024 9:00 am

Several Positions of US Utility Control Officials are on the Ballot

The outcome of America's renewable energy ambitions may hinge on the outcome of the November 2024 elections. While it may seem that a Kamala Harris presidency would advance the current administration's efforts to advance green energy in the country, whoever clinches several hundred key local positions may have just as much sway. These often overlooked utility control officials control the country's power grid, making them an integral cog in America's climate action. The U.S. can generate as much clean energy as possible, but it will be useless if the grid isn't ready and willing to handle the additional load. Major…

TuesdayNov 05, 2024 8:00 am

UN Report Provides Roadmap to Greater Adoption of Clean Energy

A recent United Nations report has outlined a roadmap national and international leaders could use to accelerate the transition to renewable sources of energy. The Climate Technology Progress Report noted that the world has to double its energy efficiency and triple its green energy capacity by the end of the decade to meet its climate action goals. However, even though some countries have made a lot of progress, the elimination of fossil fuels, the primary source of greenhouse gas emissions, is still uneven. Many nations are still burning fossil fuels and contributing to environmental pollution even as they increase their…

FridayNov 01, 2024 9:00 am

Clean Energy Event Highlights How Emerging Technologies Can Facilitate the Energy Transition

A recent renewable energy event highlighted the role emerging technologies can play in the global transition to renewables. Hosted by The Pew Charitable Trusts and Canary Media, the Climate Night Live: Visions From the ‘Clean Energy Future’ event was held during Climate Week NYC in New York. One of the takeaways of the event was that green energy industries like wind and solar energy, as well as battery storage and electric cars, had already created hundreds of thousands of new job opportunities for Americans despite still being in their infancy. However, there is still quite a long way to go…

ThursdayOct 31, 2024 9:00 am

How Policy-Related Hindrances to Energy Sector Growth Can Be Addressed

Growth in the global energy industry is often stalled by regional and international policy-related hindrances. A poll of over a thousand industry professionals surprisingly found that policy can become a significant barrier to growth in the energy sector when it involves unrealistic energy transition and climate targets. Green energy policy development should always involve communities and industry to ensure everyone who is affected by the green transition is on board. Furthermore, lawmakers should ensure policy development deals with domestic and international issues. Alongside investment from the private and public sectors, the right kind of policies will be critical to facilitating…

Green Energy Stocks provides insights and opportunities in the green energy sector.

Contact us: (512) 354-7000