NewEnergyNews: Five Ways New Energy Will Go In 2019

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    Thursday, January 03, 2019

    Five Ways New Energy Will Go In 2019

    Renewable Energy Market Trends to Watch in 2019

    Emily Folk, January 2, 2018 (AltEnergyMag)

    “…[Despite 2018’s policy uncertainty, New Energy] performed well…[and can now] compete with fossil fuel technologies, regardless of subsidies…[In 2019, the market will continue] to grow and evolve…[T]he use of energy storage technologies increased and will continue to do so in 2019…[because it counteracts variability, allowing wind and solar to be] available for use at any time…Because of New Energy’s falling cost and increasing energy efficiency, economies will be able to grow and reduce emissions] without using more power…

    …State [and local policies will have an impact.] Half of all states with renewable portfolio standards are expected to meet their goals by 2021…[D]igital technologies will continue to change the electric grid…[by enabling] utilities to track energy demand, production and usage…[Offshore wind will expand. The] U.S. offshore wind project pipeline in the United States is now at 25,464 MW across 13 states…In Europe, 400 MW are currently under construction and is expected to be completed in 2018…Procurements by corporations have played a significant role in the growth of the renewables sector…In 2019, we may see this trend move from the largest of companies to smaller ones…” click here for more

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