Things To Come In Global New Energy
Ten renewable energy trends to watch in 2021
Brian Eckhouse, Will Mathis, Dan Murtaugh, January 6, 2021 (World Oil)
“…[The breakout of sustainability and infrastructure] will likely continue into 2021, fueled in part by last year’s major turning points…China has now committed to reaching carbon neutrality by 2060…Some analysts have started predicting that the U.S. power sector is approaching peak natural gas…Residential installations in the U.S. dropped nearly 20% in the second quarter of 2020 from the first—the most ever—as the pandemic prompted stay-at-home orders…[but] the sector bounced back and the country added 19 gigawatts of total solar power…Installations doubled in China…New battery-storage capacity in the U.S. more than doubled in the third quarter of 2020 from the second…
…[Spain’s use of solar] was up over 60% in 2020 compared to 2019…[European rtenewable power's 40%] share of the grid compared with 34% from plants burning fossil fuels…A 67-day period became Britain’s longest stretch without coal since the Industrial Revolution and helped make 2020 the country’s greenest year yet…India's debt-burdened utilities were further battered by the world’s largest lockdown in 2020…[Australia’s high] power prices and abundant sunshine have spurred a love affair with rooftop solar, with about 29% of households now outfitted…[Rising] costs for solar have so far not affected sales…[E]lectricity shutoffs prompted by wildfire risk has contributed to mounting U.S. homeowner interest in rooftop systems and batteries…” click here for more
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