Tag Archive | Wind power

“World Energy Hits a Turning Point: Solar That’s Cheaper Than Wind”

Disclosed capex for onshore wind and PV projects in 58 non-OECD countries

https://www.bloomberg.com/news/articles/2016-12-15/world-energy-hits-a-turning-point-solar-that-s-cheaper-than-wind

There’s a transformation happening in global energy markets that’s worth noting as 2016 comes to an end: Solar power, for the first time, is becoming the cheapest form of new electricity.

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“Solar and Wind Just Did the Unthinkable”

http://www.bloomberg.com/news/articles/2016-01-14/solar-and-wind-just-did-the-unthinkable

Cheap oil and gas couldn’t stop another record year for renewables, or a turning point for energy investment.

The sun and the wind continue to defy gravity.

Renewables just finished another record-breaking year, with more money invested ($329 billion) and more capacity added (121 gigawatts) than ever before, according to new data released Thursday by Bloomberg New Energy Finance.

This wasn’t supposed to happen.

“Wind Power Projects to Rise to Record in 2014, Lobby Says”

offshorewindfarm2

http://www.bloomberg.com/news/2014-04-09/wind-power-projects-to-rise-to-record-in-2014-lobby-says.html

Wind-power installations will climb to a record this year, driven by resurgent U.S. demand and growth in developing nations from Brazil to China, the Global Wind Energy Council predicted.

Worldwide installations will probably surge 34 percent to 47.3 gigawatts in 2014, the Brussels-based trade group said today in an e-mailed report. That follows a drop by more than a fifth to 35.3 gigawatts last year that was fueled by crashing U.S. demand after a tax credit to the industry expired.

Developing countries outside the 34-member Organization for Economic Co-operation and Development will spur new wind power demand for the next five years, with markets in Asia, Latin America and Africa providing “easy growth,” GWEC said. Wind is already competitive with traditional generators in countries including Brazil, South Africa and Turkey, it said.

“2013 wind energy installations stall in US, surge in China”

Cumulative-Installed-Wind-Capacity-1996-20122

http://reneweconomy.com.au/2014/2013-wind-energy-installations-stall-us-surge-china-90957

Policy uncertainty buffeted the world’s wind energy industry in 2013, somewhat slowing overall capacity additions, but strong headwinds appear ready to lift the industry to new heights in 2014.

lightbulblogo

Interesting to see that as the developed nations wind power slows that the emerging nations gather momentum.

“Wind provides more than half of Denmark’s power for first time”

danishoffshorewind

http://www.windpowermonthly.com/article/1227379/wind-provides-half-denmarks-power-first-time

Wind power accounted for more than half of all energy consumed in Denmark in December, according to national grid operator Energinet.dk.

The Danish government has a target of generating 50% of its energy from wind by 2020.

lightbulblogo

Denmark also has the ambitious target of having 100% of its energy requirements met by renewables by 2050. It looks like they are making great progress in getting there.

 

“U.S. Wind Power Building Boom Follows 92 Percent Crash”

uswindpower

http://www.bloomberg.com/news/2014-01-30/u-s-wind-power-building-boom-follows-92-percent-crash.html

More than 12,000 megawatts of U.S. wind farms were under construction at the end of 2013, the most ever, as developers raced to qualify for an expiring federal tax credit, according to the American Wind Energy Association.

That’s about 11 times the amount of wind power that went into service last year after installations plunged 92 percent to 1,084 megawatts, the Washington-based trade group said today in a statement.

evilemoticon

US wind power is being driven by Federal subsidies.

“The World’s Top 10 Solar Countries”

theowrldstoptensolar

http://shrinkthatfootprint.com/the-worlds-top-10-solar-countries

In 2012 solar power produced just 0.5% of global electricity. It’s only a speck compared to coal (42%), natural gas (21%), hydro (15%) and nuclear (12%).