NewEnergyNews: New Energy Going Global

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Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

While the OFFICE of President remains in highest regard at NewEnergyNews, this administration's position on climate change makes it impossible to regard THIS president with respect. Below is the NewEnergyNews theme song until 2020.

The challenge now: To make every day Earth Day.

YESTERDAY

  • TODAY’S STUDY: The U.S. Power Sector Right Now
  • QUICK NEWS, January 14: Cliches Changed By Global Weirding; Coal Country Facing The Change
  • THE DAY BEFORE

  • Weekend Video: What Is A Green New Deal?
  • Weekend Video: Climate Change In The Heartlands
  • Weekend Video: Elon Musk Offers A New Energy Answer
  • THE DAY BEFORE THE DAY BEFORE

  • FRIDAY WORLD HEADLINE-The State Of The Global Climate Fight
  • FRIDAY WORLD HEADLINE-Signs Of New Energy’s Triumph
  • FRIDAY WORLD HEADLINE-Germany Reaches 40% New Energy
  • THE DAY BEFORE THAT

    THINGS-TO-THINK-ABOUT THURSDAY, January 10:

  • TTTA Thursday-Seeing Climate Change Coming
  • TTTA Thursday-Floatovoltaics Can Serve
  • TTTA Thursday-Texas As A New Energy Paradigm
  • THE LAST DAY UP HERE

  • ORIGINAL REPORTING: As California customer choice expands, are reliability and affordability at risk?
  • ORIGINAL REPORTING: New investor-backed campaign targets a trillion dollars for US renewables
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    Founding Editor Herman K. Trabish

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    Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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  • TODAY AT NewEnergyNews, January 15:

  • TODAY’S STUDY: The Compelling Case For Transportation Electrification
  • QUICK NEWS, January 15: A Plan To Attack Climate Change; New Energy Is Reshaping The Power System

    Friday, August 17, 2018

    New Energy Going Global

    Renewables are primed to enter the global energy race; solar and wind power could soon compete with oil and gas on scale and cost

    Sam Arie, August 13, 2018 (Financial Times)

    “In 2010, using solar power to boil your kettle would have cost you about £0.03. By 2020, according to estimates by our research team at UBS, the cost will have fallen to half a penny. By 2030, the cost could be so near to zero it will effectively be free…Abundant, cheap, clean power can be put to many uses — not just making tea…[It] is contributing to a wave of corporate action in the energy sector…[About a dozen major European utilities have recently announced] acquisitions, divestments or takeovers that could substantially reshape their business…Until recently, wind and solar in most parts of the world relied on generous subsidies — meaning renewables could only grow at the speed governments were prepared to pay for them. But in the past year large wind and solar projects have appeared that are viable without any subsidy or tax break at all. This means renewables can start to grow as fast as technology development allows, rather than at the pace that the world’s energy ministers decree…

    …[Governments have been turning the screw on cost. Where subsidies are available, companies must now bid for them in competitive auctions, and when the subsidies run out the companies may still bid against each other to secure the best sites for projects. This auction model is driving innovation and efficiency at a level nobody expected. In the UK, tendering has cut the cost of offshore wind by more than half in just three years. In Germany it has helped to shrink the premium for renewable energy by roughly half since 2015…[This] is pushing the developers towards a new, global race for scale…[W]ind and solar farms are getting bigger…[and the companies] are getting bigger…[This means] the structure of the industry will need to change…In the future, it may become more similar to the oil and gas industry with a smaller number of larger companies competing for global market share…[Few companies] will have time to relax and put the kettle on.” click here for more

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