NewEnergyNews: New Energy’s 9 Big Advances In 2018

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    Thursday, January 03, 2019

    New Energy’s 9 Big Advances In 2018

    9 Renewable Energy Highlights of 2018

    Jeff Deyette, December 27, 2018 (EcoWatch)

    “…The year of 2018 should] be remembered for the surge in momentum toward a clean energy economy…California—the world's 5th largest economy—committed to the target of fully decarbonizing its power sector by 2045…State-level renewable electricity standards continued to be a primary driver of new renewable energy development…One of the bright spots in November's election results was the number newly elected governors who campaigned on aggressive clean energy and climate change agendas…Innovation, growing economies of scale and attractive financing continued to drive the costs down for renewables in 2018…

    …Xcel Energy became the first major utility to commit to a completely carbon-free electricity supply across the eight states it operates in… Consumers Energy in Michigan and NIPSCO in northern Indiana announced plans to phase out coal generation and utility giant American Electric Power announced a goal of reducing its carbon emissions 80 percent by 2050…Low renewable energy prices continue to attract major corporations looking to save money and achieve ambitious sustainability goals…[The offshore wind industry announced] big leaps…[T]he pipeline for new storage projects doubled to nearly 33 GW…[and the California Public Utility Commission approved] PG&E's plan to use energy storage to replace retiring gas generators…” click here for more

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