by Alec | May 12, 2020 | News
The economic shutdown related to the Coronavirus pandemic has caused a decline in energy demand throughout the US. As a result of the lower demand, combined with low natural gas prices and mild weather, coal-fired generation is being called on less-frequently, keeping...
by Alec | Nov 4, 2019 | News
Forecasts by the Solar Energy Industries Association (“SEIA”) and Wood Mackenzie Power & Renewables show that the US would add an additional 82 GW of solar capacity by 2030, if Congress maintains the solar Investment Tax Credit (“ITC”), on top of the 227 GW...
by Alec | Oct 30, 2019 | News
According to new research from Wood Mackenzie and the American Wind Energy Association (“AWEA”), renewable energy demand by Fortune 1000 companies could reach 85 GW by 2030. Many top companies like Facebook and Google had already contracted for more than 6 GW of wind...
by Alec | Oct 14, 2019 | News
In its latest International Energy Outlook (“IEO”), the US Energy Information Administration (“EIA”) says renewable energy will displace oil as the world’s top energy source by the late 2040s. However, oil demand will continue to rise until 2050 as EIA Administrator...
by Alec | Oct 11, 2019 | News
In a September 19, 2019 news release, Dominion Energy announced plans to seek approval for the largest offshore wind development in the United States. The 2,640 MW offshore wind development is to be located 27 miles off the coast of Virginia Beach, in the 112,800...