NewEnergyNews: ORIGINAL REPORTING: New investor-backed campaign targets a trillion dollars for US renewables

NewEnergyNews

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

THINGS-TO-THINK-ABOUT THURSDAY, March 21:

  • TTTA Thursday-The Leverage In The Green New Deal
  • TTTA Thursday-U.S. Doubled New Energy In A Decade
  • TTTA Thursday-New Energy Cuts Customer Electricity Bills
  • THE DAY BEFORE

  • ORIGINAL REPORTING: 'Not your grandma's DER': Distributed resources modernize, prove value to grid
  • ORIGINAL REPORTING: As California leads way with TOU rates, some call for simpler solutions
  • THE DAY BEFORE THE DAY BEFORE

  • TODAY’S STUDY: The Grid Going Digital
  • QUICK NEWS, March 19: Climate Change On The Campaign Trail; A Year Of Distributed Solar Growth
  • THE DAY BEFORE THAT

  • TODAY’S STUDY: Smart Cities Adding New Energy
  • QUICK NEWS, March 18: What Students Striking About Climate Change Want; Clean Versus Renewable In The New Energy Transition
  • THE LAST DAY UP HERE

  • Weekend Video: Professor Mark Jacobson On The Green New Deal
  • Weekend Video: The Logic That Started The Trouble
  • Weekend Video: It’s Very Real
  • --------------------------

    --------------------------

    Founding Editor Herman K. Trabish

    --------------------------

    --------------------------

    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

    -------------------

    -------------------

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

    -------------------

    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

  • ---------------
  • FRIDAY WORLD, March 22:

  • Next Up For The Global Youth Climate Strikers
  • World' New Energy In Record Acceleration
  • Global Wind Keeps Growing

    Wednesday, January 09, 2019

    ORIGINAL REPORTING: New investor-backed campaign targets a trillion dollars for US renewables

    New investor-backed campaign targets a trillion dollars for US renewables; Clean energy investors want policies to bring green dollars to the red, white and blue.

    Herman K. Trabish, July 13, 2018 (Utility Dive)

    Editor’s note:

    The "phenomenally abundant" mix of wind, solar and other renewables makes the U.S. one of the most likely places in the world for more investment in New Energy, according to Gregory Wetstone, president and CEO of the American Council on Renewable Energy (ACORE). The major investors in renewables are ready to up their commitment, Wetstone told Utility Dive. In return, U.S. policymakers must commit to policies like increased mandates for renewables and energy storage that will keep renewables on a level playing field with other generation resources when the federal tax credits now driving growth expire in the early 2020s. Globally, $5.9 trillion has gone into the renewable energy and energy efficiency sectors since 2007, according to Ethical Markets' Green Transition Scoreboard. Additional global investment in renewables alone could reach $11.5 trillion through 2050, according to the 2018 Bloomberg New Energy Finance Outlook. The 2017 global investment was $333.5 billion. U.S. investment in 2017 was $57 billion.

    This investment has already brought the cost of utility-scale solar down 77%, the cost of wind down 38% and the cost of battery storage down 79% since 2009, a March BNEF study found. Both wind and solar costs dropped 18% in the just first half of 2017, according to the new BNEF Outlook. Battery prices are forecast to fall 67% more by 2030. "Renewable energy has been the number one source of private sector infrastructure investment in the U.S. for each of the past seven years," ACORE's Wetstone said. "It is one of the nation's most important drivers for new investment and job creation." That is why ACORE has introduced a new campaign to get investment in U.S. renewables and related grid infrastructure to a cumulative $1 trillion by 2030. Achieving its goal will take the right policy, and the trillion dollars in potential investment is why red state and blue state policymakers should be thinking green, ACORE's Wetstone said… click here for more

    NO QUICK NEWS

    0 Comments:

    Post a Comment

    << Home