Newsdos
No Result
View All Result
  • Home
  • World
  • Business
  • health
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Life style
  • Tech
Contact Us
Newsdos
  • Home
  • World
  • Business
  • health
  • Economy
  • Politics
  • Sports
  • Entertainment
  • Life style
  • Tech
No Result
View All Result
Newsdos
No Result
View All Result
Home Tech

The Americans ignored the pandemic and installed record amounts of solar and wind energy

NEWSDOS by NEWSDOS
February 20, 2021
3 min read
0
The Americans ignored the pandemic and installed record amounts of solar and wind energy


RELATED POSTS

Blast Auxiliary Portable AC Reviews – 2021 Best Classic Desktop AC

Bitcoin prices top $ 50,000 for the first time

According to New York, Amazon was unable to protect workers from COVID-19

Firmly Power outages in the southwest This week renewable energies have come under the spotlight. Some conservatives have tried to pin the Texas blackouts Wind power, while industry analysts and environmentalists point out problems with Natural gas and coal power plants during the snow storm as an argument for more and not less renewable energy.

With the tip of the finger, the market offers its own answers. The US added a record amount of wind and solar energy last year Coronavirus This has crippled the economy, according to figures released Thursday by BloombergNEF and the Business Council for Sustainable Energy.

The installations of wind and solar energy increased by 61% compared to the previous year, and in 2020 33.6 gigawatts were fed into the grid. That’s enough energy to supply around 11 million households with electricity for a year, and almost 50% more than the previous record in 2016.

Renewables “had a pretty amazing year,” Ethan Zindler, America director at BloombergNEF, told reporters. “The sheer magnitude of the accomplishment is quite remarkable.”

The increase in clean performance associated with a historical, if temporary, emissions are fallingZindler noted that the U.S. is temporarily on track to meet the goals it committed to under the 2016 Paris Agreement on Climate Change.

At the same time, developers continue to build natural gas plants, albeit at a much lower rate. Filings for approval show that natural gas facilities worth 38 gigawatts, or slightly more than the total amount of renewable energy added in 2020, could be operational in the next five years.

However, given historical trends, it is likely that “many will be canceled and removed before they are turned on,” according to BloombergNEF.

Hurry to secure low prices

Part of the increase in renewable energies can be explained by the long construction cycles for energy projects. The record number of developers started clean power projects in 2019 to claim a solar tax credit that was due to expire in 2020. Congress has since extended the credit to 2022.

Another key factor is falling prices for large renewable energy systems, which, according to a Lazard analysis last year, are the cheapest source of new electricity even without subsidies. Companies are snapping up this cheap electricity, and companies’ electricity purchase agreements also hit a record high in 2020.

There is great interest in clean electricity. According to Abigail Hopper, CEO of the Solar Energy Industries Association, around two-thirds of the companies that signed up for solar energy last year are small businesses.

“This normalization is really important,” she said. “Customers want it, shareholders want it, employees want it. These factors will continue to drive this market.”

Grid becomes “low carbon”

According to BloombergNEF, renewables accounted for 20% of US electricity last year, with nuclear power accounting for another 20%. Coal dropped to 19% of electricity generation. Natural gas made up the largest share at 41%.

While natural gas is less polluting than coal, it is a fossil fuel that drives global warming and contributes to other pollutants. The rise in natural gas levels over the past decade challenges the Biden government’s stated goal of getting electricity from carbon-free sources by 2035, BloombergNEF’s Zindler said.

“It is clear that up to this point gas has played a crucial role in taking coal offline and decarbonising it,” he said. “But when you look at the next 10 to 15 years, there are questions about what role gas can continue to play in the system.”

A decline in jobs

Despite the surge in the country’s clean energy capacity, the industry has seen significant layoffs. The sector cut around 450,000 jobs last year, mainly in the areas of energy efficiency and grid and storage. It was the first recorded job loss in the renewable energy sector.

After the economy largely stalled in 2020, large energy projects, utilities, and some manufacturing facilities were quickly deemed essential, and many were hiring. However, energy efficiency projects, which could include weathering a building or upgrading its heating and cooling system, came back more slowly.

“The sectors hardest hit have been residential real estate companies and especially energy efficiency. They are still bearing the brunt,” said Lisa Jacobson, president of the Business Council for Sustainable Energy.

A coalition of clean energy companies is calling on the Biden government to prioritize the clean energy sector in their stimulus plans.



Source link

ShareTweetShare
NEWSDOS

NEWSDOS

Related Posts

Blast Auxiliary Portable AC Reviews – 2021 Best Classic Desktop AC
Tech

Blast Auxiliary Portable AC Reviews – 2021 Best Classic Desktop AC

April 14, 2021
Bitcoin climbs to an all-time high when Musks tells Tesla it bought $ 1.5 billion
Tech

Bitcoin prices top $ 50,000 for the first time

February 22, 2021
According to New York, Amazon was unable to protect workers from COVID-19
Tech

According to New York, Amazon was unable to protect workers from COVID-19

February 21, 2021
Facebook threatens to prevent people in Australia from exchanging messages if new regulations are enacted
Tech

Facebook threatens to prevent people in Australia from exchanging messages if new regulations are enacted

February 21, 2021
Ridesharing and delivery drivers in San Francisco are demanding more PPE
Tech

Ridesharing and delivery drivers in San Francisco are demanding more PPE

February 21, 2021
Watch live: NASA’s Perseverance Rover lands on Mars
Tech

Watch live: NASA’s Perseverance Rover lands on Mars

February 20, 2021
Next Post
Racially insensitive menu item in Lennies Hoagies causing outrage in the Philadelphia Asian-American community – CBS Philly

Racially insensitive menu item in Lennies Hoagies causing outrage in the Philadelphia Asian-American community - CBS Philly

Bruce says Fernandes is on the verge of earning Cantona settlements, but needs to win trophies first

Bruce says Fernandes is on the verge of earning Cantona settlements, but needs to win trophies first

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Recommended Stories

Piers Morgan is accused of bullying in an open letter signed by nearly 1,200 UK television workers

Piers Morgan is accused of bullying in an open letter signed by nearly 1,200 UK television workers

February 22, 2021
Valentine gifts with a difference

Valentine gifts with a difference

February 13, 2021
The day after Christmas winning the lottery makes Keene a millionaire – CBS Dallas / Fort Worth

The day after Christmas winning the lottery makes Keene a millionaire – CBS Dallas / Fort Worth

January 9, 2021

Popular Stories

  • Watch Soul (2020) Disney+ Full Movie Online Free

    0 shares
    Share 0 Tweet 0
  • Watch Monster Hunter (2020) Full Movie Online Free – 123Movies

    0 shares
    Share 0 Tweet 0
  • Watch The Marksman (2021) Full Movie Online For Free

    0 shares
    Share 0 Tweet 0
  • 123MOVIES! The Marksman (2021) Full Movie Watch Online Free

    0 shares
    Share 0 Tweet 0
  • Canelo Alvarez vs Avni Yildirim Live Free Stream Reddit

    0 shares
    Share 0 Tweet 0
Newsdos

We bring you the latest news, helping you to stay informed always on time.

Categories

  • Business
  • Economy
  • Entertainment
  • health
  • Life style
  • Politics
  • Sports
  • Tech
  • Uncategorized
  • World

Recent Posts

  • Guy Hands buys Kier’s house building arm Kier Living for £ 110 million
  • Consumers saved $ 5.4 trillion, according to Moody’s
  • Zoopla boss reveals his plan for a resume for private households

Subscribe

No Result
View All Result
  • Contact Us
  • Privacy Policy
  • Terms & Conditions

© 2020 NewsDos.com All Right Reserved

No Result
View All Result
  • Home
  • Business
  • Economy
  • Entertainment
  • Health
  • Life style
  • Politics
  • Sports
  • Tech
  • World
  • Contact Us

© 2020 NewsDos.com All Right Reserved

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.