Donald Trump and the climate deniers and fossil fuel company backers he’s nominated for his cabinet don’t realize it—or refuse to believe it—but the world is starting to pass them by when it comes to developing new sources of power. In the developing world, solar power is becoming the most cost-effective new source of electricity. In nearly 60 lower-income countries, the average price of solar energy has dropped to $1.65 million per megawatt in 2016, just below wind at $1.66 million per megawatt. That means new energy development projects will focus on solar energy rather than wind power. “Unsubsidized solar is beginning to outcompete coal and natural gas on a larger scale, and notably, new solar projects in emerging markets are costing less to build than wind projects,” says a report from Bloomberg New Energy Finance, a research and analysis organization for those investing in the energy industry.
Daily Kos 1st Jan 2017 read more »
Wind and solar energy is to be cheaper for most countries than using fossil fuels by 2018, a new report states. Following the 2015 Paris Agreement on climate change, most countries have been slow to give up their reliance on carbon-emitting resources, because of the cost of renewable sources. However, a new report by the World Economic Forum (WEF) says that it sees a drastic reversal of that trend, with the cost of wind and solar energy plummeting, making it a more promising investment. The report said: “Even though the renewables proposition has always had environmental appeal, technology has historically been subpar in delivering appropriate returns to investors without an impact mandate. “Inefficiencies in incipient solar and wind technologies have perpetuated a global energy matrix that still features coal and natural gas accounting for 62% of total generation. “Nonetheless, exponential improvements in renewable technology, both in efficiency and cost, have made renewable energy competitive in the past few years.”
IB Times 27th Dec 2016 read more »
THE Scottish Government must continue to champion the use of solar power, according to WWF Scotland and the Solar Trade Association Scotland. Their call came as they published figures showing Scotland had achieved two new solar power milestones during 2016, with over 200 megawats (MW) of installed capacity solar photo-voltaic (PV) systems at 50,000-plus locations. But the groups also said that the figures revealed the detrimental impact UK Government policy decisions were having on installed solar capacity north of the border, with 2016 recording the slowest rate of increase since 2011. Analysis of updated figures from Ofgem for 2016 found that Scotland’s installed solar PV capacity now stands at 209MW – a rise of 30MW on the same time last year, but the slowest rate of increase since 2011; Over 49,000 homes and 1,000 business p remises in Scotland now have solar PV arrays fitted, and there are almost 200 community-led solar PV schemes, with a combined installed capacity of 2MW, now exist in Scotland. John Forster, of the Solar Trade Association Scotland said: “Over the past year major policy changes by the UK Government have led to rooftop solar deployment stalling and thousands of jobs lost in the industry. In the coming year, the Scottish Government will have the opportunity to breathe life back into the solar industry with the publication of its new strategy on climate change and energy. We urge them to build on their manifesto pledge to work with industry to expand solar.”
The National 3rd Jan 2017 read more »
More than 50,000 solar power systems have been installed across Scotland; but the tally could have been much higher by now according to WWF Scotland and the Solar Trade Association. At least 49,000 homes and 1,000 business premises in Scotland now have solar panels fitted. One of the significant commercial installations we recently covered was Mackies Of Scotland’s 1.8MW solar farm. Additionally, there are close to 200 community-led solar PV schemes, with a combined installed capacity of 2MW.
Energy Matters 3rd Jan 2016 read more »