Energy

Utility Dive Trendline on The Energy Transition to Renewables Inside the rapidly changing world of The Energy Transition to Renewables. Access the Utility Dive Trendline Utility Dive

The U.S. energy sector is undergoing a fundamental transition to a cleaner and more distributed future. Increasingly favorable economics, corporate commitments, and state and federal actions, like the enactment of the Inflation Reduction Act, are all spurring the deployment of renewable energy resources.

...

CREDIT: U.N. and BNEF

CLICK HERE - REPORT - United Nations and Bloomberg New Energy Finance (BNEF) - GLOBAL TRENDS IN RENEWABLE ENERGY INVESTMENT 2017 (90 page .PDF report)

The world built more renewables for far less money last year, report UN and Bloomberg New Energy Finance.

thinkprogress.org - by Joe Romm - April 6, 2017

Stunning drops in the cost of wind and solar energy have turned the global power market upside down . . .

 . . . Unsubsidized renewables have become the cheapest source of new power — by far — in more and more countries, according to a new report from the United Nations and Bloomberg New Energy Finance (BNEF).

In just one year, the cost of solar generation worldwide dropped on average 17 percent, the report found. The average costs for onshore wind dropped 18 percent last year, while those for offshore wind fell a whopping 28 percent.

(READ COMPLETE ARTICLE)