Unprecedented Installations of Renewable Energy In an astonishing move, the nation installed 357 gigawatts of solar and wind energy in just one year, marking a staggering 45% and 18% increase in solar and wind capacity, respectively. This colossal addition essentially translates to the equivalent capacity of 357 nuclear power plants, pointing to China’s relentless drive … Read more
Ivanpah’s Public Perception This solar project, with its glaring towers stretching high in the Mojave Desert, has certainly made a name for itself. While many envision solar farms as sprawling fields of panels glimmering under the sun, Ivanpah’s design sought innovation through imposing concentrated solar power technology. However, this ambitious endeavor quickly raised eyebrows among … Read more
New York’s Largest Solar Farm: An Ambitious Undertaking The recent announcement of a pioneering solar farm in New York has stirred excitement across the clean energy sector. Funded with a staggering $950 million, this ambitious project known as the Cider solar farm will become the largest of its kind in the state. Greenbacker Renewable Energy, … Read more
Understanding Carbon Capture: A Costly Gamble? The debate over carbon capture has never been more relevant as nations grapple with climate change. With a £22 billion initiative led by Miliband, critics like Greg Jackson, the chief of Octopus Energy, argue this venture might be misdirected funding. Jackson’s analogy suggests that supporting outdated technologies, like carbon … Read more
Unpacking the CfD Mechanism Contracts for Difference (CfDs) are pivotal in the renewable energy sector, providing a stable revenue stream for energy generators based on a pre-established strike price. This mechanism essentially safeguards developers against fluctuating market prices. When the market price dips below the strike price, these generators receive a top-up to ensure they … Read more
Unreliable Data Foundations The claims made by researchers about the alarming speed at which ocean temperatures are rising lean heavily on data that can be dubious. The study from Merchant et al. hinges on satellite observations intended to gauge the Earth’s Energy Imbalance (EEI). However, a direct admission from the authors points out a concerning … Read more
China’s Technological Leap The recent unveiling by DeepSeek marks a pivotal moment in the ongoing battle for AI supremacy, thrusting China into the spotlight as a formidable competitor against the U.S. market. This startup’s ability to produce cost-effective large language models has not only turned heads but also sparked a significant shift in the economic … Read more
California’s Legislative Gamble In a surprise twist to addressing climate change, California is considering legislation that enables victims of wildfires to take legal action against oil giants. This proposal, spearheaded by lawmakers, reflects a growing trend among politicians to find accountability for climate implications at the doorstep of oil production. However, this approach raises eyebrows … Read more
Quebec’s Electric Rate Crisis: Industry Voices Concerns The proposed hikes to electricity rates in Quebec have stirred significant anxiety among industrial consumers, who worry that these changes could weaken the province’s economic position. At the heart of this debate is Bill 69, legislation that could result in staggering increases of up to 60% over the … Read more
Understanding the New Eversource Basic Service Rate On February 1, 2025, the Eversource Basic Service rate will drop to 13.24 cents per kilowatt-hour (kWh), creating a noteworthy difference compared to the Natick Electricity Aggregation Program’s default rate of 15.56 cents per kWh, which holds steady until December 2025. This reduction represents a savings opportunity for … Read more