Tag: renewable energy sources

Andalusia committed to triple its renewable capacity in the region

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Galán has conveyed his commitment to Andalusia to Juan Manuel Moreno: it will triple its renewable capacity in the region

 

The statements were made during a meeting at COP26 with the President of the Andalusian Regional Government.  Commitment to the energy transition and a cleaner community. This is the message conveyed by the chairman of Iberdrola, Ignacio Galán, to Juan Manuel Moreno, president of the Regional Government of Andalusia, at their meeting this morning during COP26.

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7 Renewable Energy Stocks for a Cleaner Future

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Renewable energy stocks are delivering for investors again in 2020. Following a stellar showing, the S&P Global Clean Energy Index is higher by almost 43% year-to-date.

The rise of renewables is coming at the expense of traditional fossil fuels. Price action confirms as much as the S&P Energy Select Sector Index is lower by about 40% this year. There are stark realities applying to traditional and renewable energy stocks. In the U.S., a slew of state governments are increasing adoption of green energy sources.

Likewise, as prices decline, more corporations and consumers are embracing solar and wind power. Adding to the pressure on fossil fuels producers and bolstering the case for alternative energy equities is that an array of institutional investors, including college endowments, are saying “no” to coal, gas, and oil exposure. Continue reading “7 Renewable Energy Stocks for a Cleaner Future” →

Renewable Energy has Space to Grow

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By replacing fossil fuels with renewable energy, nations could achieve their emissions commitments without encroaching on vital natural land, according to researchers in the US.

Low-emission energy sources like wind and solar can have a larger geographical footprint than fossil-fuel plants of equivalent capacity. Even so, the renewable-energy potential of already developed land is more than enough to fulfill pledges made as part of the Paris Agreement and could satisfy the total energy demand projected for 2050, the analysis shows.

At the 21st Conference of the Parties (COP21) in Paris in 2015, 196 countries agreed to aim to limit warming to less than 2 °C above pre-industrial levels. The rapid cuts in greenhouse-gas emissions needed imply a large-scale shift away from fossil fuels. Renewable-energy schemes are not without environmental impact themselves, however, so it’s important to choose locations and generation techniques that cause the least possible harm. Continue reading “Renewable Energy has Space to Grow” →

Renewable energy breakthrough: Scientists economically extract hydrogen from oil

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Renewable green energy could be a step closer after scientists developed an economical method to extract hydrogen (H2) from oil sands.

This method could be used to power hydrogen-powered vehicles, in addition to generating electricity. Hydrogen is regarded as an efficient transport fuel, similar to traditonal fuels such as petrol and diesel, without the associated pollution problems.

The process can extract hydrogen from existing oil sands reservoirs, with large supplies found in Canada and Venezuela.This revolutionary process can be applied to mainstream oil fields, causing them to produce hydrogen instead of oil.

Although hydrogen-powered vehicles are known to be efficient, the high price of extracting hydrogen from oil reserves means the technology has not been economically viable.

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How countries in the Americas are embracing renewable energy

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Countries in North and South America are implementing various mechanisms such as auctions and net-metering to deliver better value proposition for the renewable sources, says GlobalData.

The company’s latest report – ‘North and South America Renewable Energy Policy Report 2019’ – reveals the regulatory framework and policies of the American countries to achieve a strong growth in the renewable energy market and abide by the international emission norms.

GlobalData’s report finds that American countries are taking up several strategies and roadmaps to achieve the target designated by their government. Aiming to comply with the emission targets, the government of each country as well as each state in some countries is highly promoting renewable energy sources. Continue reading “How countries in the Americas are embracing renewable energy” →