NewEnergyNews: WORLD NEW ENERGY HIT RECORD $328.9 BILLION IN 2015

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YESTERDAY

  • Weekend Video: Colbert On The Newest Climate Fiasco
  • Weekend Video: Consumer Reports’ Tesla Vs. Bolt Face-Off
  • Weekend Video: All About The Eclipse And The Power Grid
  • THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-Is ‘Game Of Thrones’ About Climate Change?
  • FRIDAY WORLD HEADLINE-Surprises In The New Global Solar Rankings
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  • THE DAY BEFORE THE DAY BEFORE

    THINGS-TO-THINK-ABOUT THURSDAY, August 17:

  • TTTA Thursday-Is The White House Hiding DOE’s Grid Study?
  • TTTA Thursday-Will The White House Hide The Climate Report?
  • TTTA Thursday-Crucial Transmission Line For Wind Denied
  • TTTA Thursday-Wind And Solar Are Saving Lives
  • THE DAY BEFORE THAT

  • ORIGINAL REPORTING: Organizing California’s Distributed Energy Efforts
  • ORIGINAL REPORTING: A Deep Look At Evolving U.S. Efforts To Support Solar
  • AND THE DAY BEFORE THAT

  • TODAY’S STUDY: Big Growth In Customer-Sited Wind
  • QUICK NEWS, August 15: New Forest To Offset Bad U.S. Climate Policies Has 120,000 Pledges; Wind Becoming The Go-To Power; 88,000 Jobs And The Fight Over Solar Imports
  • THE LAST DAY UP HERE

  • TODAY’S STUDY: The Work On Tomorrow’s Grid So Far
  • QUICK NEWS, August 14: Climate Is The Elephant In The Room; Long-Term, NatGas Is Not The Answer; Why Wind Is Such A Good Choice
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    Founding Editor Herman K. Trabish

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    Research Associate and Contributing Editor Jessica R. Wunder

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  • TODAY AT NewEnergyNews, August 21:

  • TODAY’S STUDY: The Wind Market Now
  • QUICK NEWS, August 21: Gore’s ‘Inconvenient Sequel’ Is A ‘Teaching Tool’; Target Targets Big Wind Buy; Michigan Grows Its Solar Garden

    Friday, January 15, 2016

    WORLD NEW ENERGY HIT RECORD $328.9 BILLION IN 2015

    Clean Energy Defies Fossil Fuel Price Crash To Attract Record $329bn Global Investment In 2015

    January 14, 2016 Bloomberg New Energy Finance

    Global renewable energy had its biggest annual growth ever in 2015, with new wind capacity at 64 GW and new solar photovoltaic capacity at 57 GW, leading the sector’s nearly 30% year-on-year expansion. Total global clean energy investment hit a record $328.9 billion, 4% over 2014’s $315.9 billion. Asset finance of utility-scale renewables was $199 billion of the total, 6% over 2014. The next biggest part of global renewables investment was in distributed generation, especially distributed solar, at $67.4 billion, up 12% from 2014. Most significantly, fossil fuel prices dropped precipitously but did not lure investors. From mid-2014 to the end of 2015, the Brent crude price dropped 67% from $112.36/barrel to $37.28/barrel. A leading European coal price benchmark fell 35% from $73.70/tonne to $47.60/tonne. The U.S. Henry Hub natural gas price index was down 48%, from $4.42/mmBTU to $2.31/mmBTU. The European economy that long drove renewables growth continued to be weak but China, the U.S., and new markets in Mexico, Chile, South Africa, and Morocco picked up the slack. click here for more

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