The U.S. probably will fall short of President Joe Biden’s goal of decarbonizing the power system by 2035 even though the nation is on track to almost triple wind and solar capacity over the next 10 years. That’s the assessment of a report Friday from BloombergNEF, which hosts its annual summit in New York next […]
Plan to Cut Solar Costs by 60% Unveiled by U.S. Energy Agency
The Biden administration announced Thursday an effort to slash the cost of solar energy by 60% within the next decade, a feat officials said was essential to achieving the president’s goal of 100% clean energy by 2035. The solar goal, being implemented by the Energy Department, calls for reducing utility-scale solar energy’s current cost of […]
German power grid firms need sharp rise in renewable generation capacity by 2035
FRANKFURT: Germany’s four power grid operators said on Friday that a sharp rise in the country’s renewable generation capacity was needed over the next 15 years to meet demand from the electrification of heating, transport and other industries. Presenting their capacity planning needs through 2035, the four high voltage transmission grid firms (TSOs) said in […]
