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 and solar power purchase agreements (“PPAs”) in 2018 as the cost…
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 Linda Capuano said renewables are not growing fast enough to meet demand. The EIA…
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 acres Dominion Energy currently is leasing from the Bureau of…
A new report from Wood Mackenzie and the Solar Energy Industries Association (“SEIA”) shows that the pipeline of US solar projects has reached an all-time high of 37.9 GW. The report also found that 15 GW of solar capacity was added in the US in 2018, which is a record. The SEIA anticipates that the…
