Dropping costs in renewable tech spurs rapid shift to clean energy

April 7, 2017 by  
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Welcome to the clean energy revolution – with or without Trump. A new report from the United Nations Environment Programme , Bloomberg New Energy Finance (BNEF), and Frankfurt School – UNEP Collaborating Centre for Climate & Sustainable Energy Finance reveals plunging costs in renewable technology have generated a whole new world of power. Unsubsidized renewables in more countries are now the cheapest new form of energy . Renewable energy detractors love to claim it’s too expensive, but that criticism simply doesn’t hold up anymore, according to the new report. Per megawatt, the average dollar capital expenditure fell by more than 10 percent for wind and solar . The report also revealed worldwide solar generation costs fell by an average of 17 percent in one year. Onshore wind dropped by 18 percent, and offshore wind plummeted by 28 percent. Related: Average cost of solar and wind energy could fall by 59% in the next decade BNEF advisory board chairman Michael Liebreich said in the report, “The question always used to be, ‘Will renewables ever be grid competitive?’ Well, after the dramatic cost reductions of the past few years, unsubsidized wind and solar can provide the lowest cost new electrical power in an increasing number of countries, even in the developing world – sometimes by a factor of two. It’s a whole new world…instead of having to subsidize renewables, now authorities may have to subsidize natural gas plants to help them provide grid reliability.” 138.5 gigawatts (GW) of new renewable energy capacity came online in 2016, greater than 2015’s 127.5 GW, but the 2016 GW were built with investment 23 percent lower than 2015. Investors now get more bang for their buck, according to the report’s foreword. “Moving from fossil fuels to renewable sources such as solar and wind is key to achieving social, economic, and environmental development,” according to the report. Renewable energy creates jobs, provides electricity for people who didn’t have it before, and reduces air pollution , all at an increasingly low cost. Via ThinkProgress Images via TAFE SA TONSLEY on Flickr and Wikimedia Commons

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Dropping costs in renewable tech spurs rapid shift to clean energy

4 Tips To Create An Energy Efficient Office

June 28, 2016 by  
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The benefits of making your office more energy efficient goes beyond helping the environment. In particular, an energy efficient office: Saves money Improves the economy Saves more than $500 billion annually in energy costs Creates jobs Spurs…

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4 Tips To Create An Energy Efficient Office

Costa Rica achieved 99 percent renewable energy use in 2015

December 23, 2015 by  
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As many nations are discussing the best methods to reduce global reliance on fossil fuels and slow down global warming , a few countries are lightyears ahead of the game. Costa Rica has achieved 99 percent renewable energy use this year, showing the rest of us it’s possible to use sustainable and readily available energy sources if we want it badly enough. Read the rest of Costa Rica achieved 99 percent renewable energy use in 2015

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Costa Rica achieved 99 percent renewable energy use in 2015

Super-efficient straw-bale houses hit the market in the UK—piglets need not apply

February 9, 2015 by  
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Read the rest of Super-efficient straw-bale houses hit the market in the UK—piglets need not apply Permalink | Add to del.icio.us | digg Post tags: “energy efficiency” , bristol , energy costs , energy saving , Green Building , insulation , low carbon , ModCell , Straw Bale , straw houses , Sustainable Building , UK , university of bath

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Super-efficient straw-bale houses hit the market in the UK—piglets need not apply

Best Practices for Programmable Thermostats

August 26, 2013 by  
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Want to slash your energy costs? One of the least expensive investments you can make is a programmable thermostat. This appliance can be purchased for as little as $20 at your nearby home improvement store — yet it can help …

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Best Practices for Programmable Thermostats

Artist Rethinks the Waste Stream Through Strange, Beautiful Sculptures

August 26, 2013 by  
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Find out how Aurora Robson reuses everything from junk mail to ocean waste to create art that makes a difference for our planet.

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Artist Rethinks the Waste Stream Through Strange, Beautiful Sculptures

Shop Smarter to Save Money on Appliances

August 14, 2013 by  
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These days, there’s a lot more to buying appliances than just finding the latest style and color. As energy costs continue to rise, smart shoppers also think about long-term savings and have learned to look at more than just the …

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How smart batteries create efficient data centers

January 15, 2013 by  
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Akamai looks into powering data centers with batteries to help reduce energy costs during peak demand periods.

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How smart batteries create efficient data centers

How smart batteries create efficient data centers

January 15, 2013 by  
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Akamai looks into powering data centers with batteries to help reduce energy costs during peak demand periods.

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How smart batteries create efficient data centers

How smart batteries create efficient data centers

January 15, 2013 by  
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Akamai looks into powering data centers with batteries to help reduce energy costs during peak demand periods.

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How smart batteries create efficient data centers

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