European Union to cut energy use 30% by 2030

The Big Power Plan: European Union to cut energy use by 30%

The European Commission has unveiled its big power plan, aiming to slash energy use in the bloc 30 percent by 2030.

“Europe is on the brink of a clean energy revolution. And just as we did in Paris, we can only get this right if we work together. With these proposals, we have cleared the way for more competitive, cleaner energy in Europe.” — European Commission

Cutting waste, better integrating renewable energy and phasing out subsidies for coal-fired electricity generation are all part of the vision. But wind and solar energy producers will no longer have priority for selling to the… Continue reading European Union to cut energy use 30% by 2030

Solar Power Financing: Key for Developing Nations

Solar Power Financing Key To Solar Power In Developing Countries

Solar Power financing
Solar Power financing. In 2009 Wandee Khunchornyakong, an enterprising woman from Thailand went to her local government office to ask about solar power. Today, her solar power company is one of the largest solar power firms in her nation.

In 2009 Wandee Khunchornyakong, an enterprising woman in Thailand, wanted to find out how to add renewable solar power to her local electrical grid. She went to a government office to find out more information. There, she found permits for solar installations just begging for people to take advantage of them. She picked one up but… Continue reading Solar Power Financing: Key for Developing Nations

30 Fascinating Solar Energy Facts

Solar power, the largest source of energy available on planet Earth.
Solar power, the largest source of energy available on planet Earth.

The next time somebody questions the viability of solar energy, arm yourself with these 30 solar energy facts. After all, there’s nothing better than access to a large warehouse of useful information, especially when considering this planet’s energy future. But before we start with that, here are three books concerning solar energy, its history, its future,… Continue reading 30 Fascinating Solar Energy Facts

Renewable Energy Attracts $329 Bn in 2015

Renewable Energy Hits All-Time Record With $329 Billion Dollars of Investment for 2015

 

Renewable Energy
Renewable Energy experiences a record year in 2015, even as the global price of oil crashes. Image courtesy of Top Stock Millionaire

Renewable energy investment surged in 2015 in China, Africa, the US, Latin America and India, driving the world total up 4% from 2014 and beating the previous record, set in 2011… Continue reading Renewable Energy Attracts $329 Bn in 2015

Solar & Wind Catch Up With Coal & Gas

Solar And Wind Catch Up With Coal and Natural Gas Across The Globe

In some regions of the U.S., the cost of utility-scale solar electricity rates are *cheaper than the cost of the fuel alone* for natural-gas plants.
In some regions of the U.S., the cost of utility-scale solar electricity rates are cheaper than the cost of the fuel alone for natural-gas plants. Image courtesy of understandsolar.com

As solar panel prices have decreased by more than 80 percent in the past decade and wind turbines have also seen dramatic price falls, both types of renewable energy have become much more competitive.

Meanwhile, fossil fuels received $583 billion in 2014 globally in subsidies — even as renewable energy continues to receive a much lower level of subsidies ($124 billion in 2014).