Solar is booming in the United States as power demand surges, outpacing the growth of any other electricity source and disproving claims that the energy transition is a failure. To be sure, solar remains a small portion of total electricity generation in the U.S., standing at just 3.9% of the nation’s power mix in 2023 compared to the 43% share held by natural gas, according to the Energy Information Administration, the statistical unit within the Department of Energy. 🔗Read more about this story and our other notable updates mentioned below in this week's Renewable Energy Update: https://hubs.li/Q02DZdcN0 ✔️ NYSERDA opens latest solicitation for large-scale, land-based renewable energy ✔️ City of Pasadena, California, unanimously approves $100M, long-term contracts for renewable energy, battery storage ✔️Energy Dept. announces $900M for modular nuclear reactor projects #RenewableEnergy #Solar #Energy
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This is the root of the challenge with renewables powered by the diurnal cycle (direct solar and indirect solar via wind). The energy isn't when and where you need it, especially in the winter when overcast skies remove direct solar as a resource when energy for heating is needed. Firm generation backup, energy storage, lots more long-distance transmission capacity and demand management are the costs that are often ignored. Space Solar Solves all of that. #sbsp #spacesolar #solar
Solar and wind generation in the contiguous 48 states decreases when people need more energy according to the EPRI (Electric Power Research Institute), using data from the U.S. Energy Information Administration (EIA) website (https://lnkd.in/g8iTcx5S). The following chart shows the generation of the four major green power sources vs the hourly demand data in the last week. It reveals that solar and wind produce more energy when people need less, and less energy when people need more. Hydro, on the other hand, grows with the demand, delivering when needed, and nuclear always delivers regardless of the demand. This has different implications. 👉 One implication is that solar and wind capture lower valued demand, while hydro and nuclear can capture value during those hours with higher demand when the energy is more valuable and better paid. 👉 Another implication is that solar and wind are not producing when the country requires more energy at peak hours, or during extreme weather conditions. This strong negative correlation makes intermittent clean options a poor choice for any grid unless they are backed up by fossil fuels. This illustrates how reliable green sources such as hydro, nuclear or geothermal are always a better option as they can deliver when needed without requiring a parallel fossil fuel backup generation fleet required by intermittent, uncontrollable sources.
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We should invest in wind and solar. However, the problem is that these renewables distract attention from the massive global build-up of nuclear that is necessary to even have a chance of staying under 2 degrees. This should have been started 10 years ago. But misguided environmentalists and the fossil fuel lobby have together caused a catastrophic delay, seriously worsening the climate crisis.
Solar and wind generation in the contiguous 48 states decreases when people need more energy according to the EPRI (Electric Power Research Institute), using data from the U.S. Energy Information Administration (EIA) website (https://lnkd.in/g8iTcx5S). The following chart shows the generation of the four major green power sources vs the hourly demand data in the last week. It reveals that solar and wind produce more energy when people need less, and less energy when people need more. Hydro, on the other hand, grows with the demand, delivering when needed, and nuclear always delivers regardless of the demand. This has different implications. 👉 One implication is that solar and wind capture lower valued demand, while hydro and nuclear can capture value during those hours with higher demand when the energy is more valuable and better paid. 👉 Another implication is that solar and wind are not producing when the country requires more energy at peak hours, or during extreme weather conditions. This strong negative correlation makes intermittent clean options a poor choice for any grid unless they are backed up by fossil fuels. This illustrates how reliable green sources such as hydro, nuclear or geothermal are always a better option as they can deliver when needed without requiring a parallel fossil fuel backup generation fleet required by intermittent, uncontrollable sources.
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Solar and wind generation in the contiguous 48 states decreases when people need more energy according to the EPRI (Electric Power Research Institute), using data from the U.S. Energy Information Administration (EIA) website (https://lnkd.in/g8iTcx5S). The following chart shows the generation of the four major green power sources vs the hourly demand data in the last week. It reveals that solar and wind produce more energy when people need less, and less energy when people need more. Hydro, on the other hand, grows with the demand, delivering when needed, and nuclear always delivers regardless of the demand. This has different implications. 👉 One implication is that solar and wind capture lower valued demand, while hydro and nuclear can capture value during those hours with higher demand when the energy is more valuable and better paid. 👉 Another implication is that solar and wind are not producing when the country requires more energy at peak hours, or during extreme weather conditions. This strong negative correlation makes intermittent clean options a poor choice for any grid unless they are backed up by fossil fuels. This illustrates how reliable green sources such as hydro, nuclear or geothermal are always a better option as they can deliver when needed without requiring a parallel fossil fuel backup generation fleet required by intermittent, uncontrollable sources.
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Energy transition issues are not that simple....
Solar and wind generation in the contiguous 48 states decreases when people need more energy according to the EPRI (Electric Power Research Institute), using data from the U.S. Energy Information Administration (EIA) website (https://lnkd.in/g8iTcx5S). The following chart shows the generation of the four major green power sources vs the hourly demand data in the last week. It reveals that solar and wind produce more energy when people need less, and less energy when people need more. Hydro, on the other hand, grows with the demand, delivering when needed, and nuclear always delivers regardless of the demand. This has different implications. 👉 One implication is that solar and wind capture lower valued demand, while hydro and nuclear can capture value during those hours with higher demand when the energy is more valuable and better paid. 👉 Another implication is that solar and wind are not producing when the country requires more energy at peak hours, or during extreme weather conditions. This strong negative correlation makes intermittent clean options a poor choice for any grid unless they are backed up by fossil fuels. This illustrates how reliable green sources such as hydro, nuclear or geothermal are always a better option as they can deliver when needed without requiring a parallel fossil fuel backup generation fleet required by intermittent, uncontrollable sources.
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Fatih Birol, Director of the International Energy Agency, said that the global clean energy transition process has withstood a series of stress tests and has shown resilience. Especially between 2019 and 2023, the deployment of five key clean energy technologies, namely solar photovoltaic power generation, wind power, nuclear power, electric vehicles and heat pumps, has contributed to an annual reduction of approximately 25% of global carbon emissions. #renewableenergy #solar #power #powergeneration #solarpower #electricity #energy #solarenergy #greenenergy #pv #solarpv
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The report is well written, concise, with many interesting facts. My recommendation is to have a look at it to see how the #electricity #market really works.
The Amprion Market Report 2024 is now live! ✅ In our webinar, we presented the key developments we have seen in the German grid over the past year: ▶ The electricity mix has changed: Renewable electricity generation in Germany increased to 260 TWh and the last nuclear power plants were decommissioned. ▶ While overall electricity consumption dropped, imports increased, making Germany a net importer for the first time in 21 years. ▶ Electricity prices decreased, as did our congestion management costs. The latter by around 700 million €. ▶ For the first time, there is a Network Development Plan for a carbon-neutral energy sector in Germany. ▶ Our message to Brussels is clear: there is no transition without transmission! The completion of major grid expansion projects is a key for Europe's energy transition. Amprion and the other European TSOs are ready to accelerate grid expansion even further. Thanks to all 330 participants of our webinar. The report and all slides of the webinar are available here: https://lnkd.in/enD3CrZ8 Want to dive deeper into the details? Browse the report below 👇 #PowerGrid #ElectricityMarket #Renewables #EnergyTransition
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Amprion GmbH's annual market report has just been published: It highlights - falling wholesale prices, - weak demand, - the end of #nuclear power - the increase in #renewableenergy, - #Germany becoming a net importer of #electricity, And if you missed yesterday's webinar, the slides are also available with the report: https://lnkd.in/dR6cKUZx ps. it's no secret but a logical confirmation: expanding the grid and increasing #transmission capacity are essential for Europe's #energytransition!
The Amprion Market Report 2024 is now live! ✅ In our webinar, we presented the key developments we have seen in the German grid over the past year: ▶ The electricity mix has changed: Renewable electricity generation in Germany increased to 260 TWh and the last nuclear power plants were decommissioned. ▶ While overall electricity consumption dropped, imports increased, making Germany a net importer for the first time in 21 years. ▶ Electricity prices decreased, as did our congestion management costs. The latter by around 700 million €. ▶ For the first time, there is a Network Development Plan for a carbon-neutral energy sector in Germany. ▶ Our message to Brussels is clear: there is no transition without transmission! The completion of major grid expansion projects is a key for Europe's energy transition. Amprion and the other European TSOs are ready to accelerate grid expansion even further. Thanks to all 330 participants of our webinar. The report and all slides of the webinar are available here: https://lnkd.in/enD3CrZ8 Want to dive deeper into the details? Browse the report below 👇 #PowerGrid #ElectricityMarket #Renewables #EnergyTransition
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The Amprion Market Report 2024 is now live! ✅ In our webinar, we presented the key developments we have seen in the German grid over the past year: ▶ The electricity mix has changed: Renewable electricity generation in Germany increased to 260 TWh and the last nuclear power plants were decommissioned. ▶ While overall electricity consumption dropped, imports increased, making Germany a net importer for the first time in 21 years. ▶ Electricity prices decreased, as did our congestion management costs. The latter by around 700 million €. ▶ For the first time, there is a Network Development Plan for a carbon-neutral energy sector in Germany. ▶ Our message to Brussels is clear: there is no transition without transmission! The completion of major grid expansion projects is a key for Europe's energy transition. Amprion and the other European TSOs are ready to accelerate grid expansion even further. Thanks to all 330 participants of our webinar. The report and all slides of the webinar are available here: https://lnkd.in/enD3CrZ8 Want to dive deeper into the details? Browse the report below 👇 #PowerGrid #ElectricityMarket #Renewables #EnergyTransition
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