While US natural gas prices are on the rise, more than 90 percent of last year's new global renewable energy capacity was cheaper than a fossil fuel alternative.
Demand growth is being caused by more than data centers, and rising electricity costs call for system solutions.
As federal clean energy incentives are targeted, red states face bigger losses.
In uncertain times, it helps to take a breath and look at the data. One great reference point is the International Energy Agency (IEA), and this year’s Global Energy Review provided some striking insights on…
Solar and wind take over electricity; electricity takes over energy; efficiency reduces wasted energy.
Over time, scaling clean technologies has got dramatically cheaper, yet digging fossil fuels has not. For the energy transition, this means new energy technologies have a compounding cost edge over old fossil fuel commodities.
The required growth in investment is achievable, and we are already halfway through the reallocation.
Electricity is now the largest supplier of useful energy, and it has plenty of growth ahead.