Cheaper renewable energy driving electricity costs down
by @MichaelWestBiz
@MichaelWestBiz— Rising demand for electricity has been met by more solar and wind generation, which is keeping a lid on prices and carbon emissions, the market operator says. Renewable energy generation drove down wholesale prices in the first three months of 2024 despite higher temperatures pushing up electricity demand, according to the Australian Energy Market Operator’s […]
The Independent—Seven countries now generate 100% of their electricity from renewable energy. Scientists say we have reached an ‘irreversible tipping point’ that will see fossil fuels phased out
www.utilitydive.com—Data center demand drives growth in Schneider Electric’s energy management segment. Energy management revenue in North America grew 10.2% organically to almost $2.8 billion in Q1, the company said last week.
TechSpot—Battery costs have plummeted by 90% in less than 15 years, turbocharging renewable energy shift. The IEA's "Batteries and Secure Energy Transitions" report finds that capital costs for battery storage systems are projected to fall by up to 40 percent by 2030. This significant cost reduction will make combining solar and wind with battery storage more affordable than building new coal or gas power plantsRead Entire Article