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Renewable electricity’s levelized cost of energy became the cheapest source of new U.S. power generation in 2017, and building new wind is often cheaper than running existing coal. As renewable energy costs continue their relentless decline, fossil fuels continue to fall further from profitability.
Analysis of oversupply in California’s carbon market must include the state’s 2030 emissions reduction goals and the potential for clean energy breakthroughs to decarbonize energy supplies.
China launched a national carbon market in December and it’s already going to be the world’s largest cap-and-trade system. Here are three ways policymakers can ensure it succeeds.
It is now cheaper to build new wind and solar than new coal or often natural gas. In growing swaths of the country, it’s often cheaper to build new wind (and sometimes solar) than continuing to run existing coal plants. The implications are profound.
DOE wants to shore up coal and nuclear power plants in the name of resilience. EI’s Mike O’Boyle discusses what resilience means for a clean energy future.
Abating climate change requires committing to “four zeros” in the world’s energy-consuming economic sectors, starting with the top 24 GHG-emitting nations.
California’s fourth quarterly cap-and-trade auction sold a record number of allowances at record prices, but short-term success risks long-term goals.
EI’s Eric Gimon argues grid flexibility technology, not resilience, is the key to resolving wholesale electricity market concerns in the U.S.
Many states are considering a utility regulatory structure to incent efficient fleet turnover, incorporate clean energy and cost-effective technologies, and stimulate smarter build-or-buy decisions. APP’s Sonia Aggarwal says the UK’s effort to combine utility operating and capital expenses into a capped revenue bucket shows promising early results.
Electric vehicles are accelerating faster than ever, but that doesn’t mean the death of internal combustion engines just yet. To truly cut transportation emissions, we need both EVs and more efficient internal combustion engines.
