Clean Energy Industry News

By: Quiet. Please
Listen for free

  • Summary

  • Stay informed with "Clean Energy Industry News," the ultimate podcast for the latest updates in renewable energy. Explore breakthrough technologies, policy changes, and market trends that are driving the global shift towards sustainable power. Perfect for industry professionals, environmental enthusiasts, and anyone passionate about a cleaner, greener future. Tune in for expert insights and stay ahead in the fast-evolving world of clean energy.

    For more info go to
    https://www.quietperiodplease....

    Check out these deals https://amzn.to/48MZPjs


    https://podcasts.apple.com/us/...
    Copyright 2024 Quiet. Please
    Show More Show Less
Show More Show Less
activate_Holiday_promo_in_buybox_DT_T2
Episodes
  • Powering the Future: How the US Clean Energy Industry Navigates Challenges and Opportunities

    Powering the Future: How the US Clean Energy Industry Navigates Challenges and Opportunities
    Nov 27 2024
    The clean energy industry in the United States is experiencing robust growth despite potential headwinds from the recent elections. According to BloombergNEF's 2H 2024 US Clean Energy Market Outlook, the US is on track to see over 25% growth in annual clean energy installations this year, reaching an all-time high of 65 gigawatts of new solar, wind, and energy storage additions[1].

    Key highlights from recent reports include:

    - Utility-scale solar has surpassed 100 gigawatts of installed capacity, with 4,557 megawatts added in the first quarter of 2024, a 28% increase year-over-year[2].
    - The first large-scale offshore wind project in federal waters, South Fork Wind, began supplying 132 megawatts of clean power to the grid[2].
    - Renewable energy accounted for 22% of US electricity generation in 2023, with solar and wind leading the charge[3].
    - Corporate renewable procurement saw a 31% increase in the number of transacting customers between the first half of 2022 and 2023, driven by big technology companies[3].
    - The clean energy pipeline has expanded to nearly 175 gigawatts, the highest on record, with battery storage and solar growing at an average rate of 11% and 4% per quarter since the second quarter of 2022[2].

    The industry has also seen significant investment, with $303.3 billion in energy transition financing deployed in the US in 2023, and $123 billion in announced investments for manufacturing facilities in response to the Inflation Reduction Act (IRA)[4].

    However, there are challenges ahead. The potential repeal of the IRA tax credits could impact solar, wind, and energy storage build. A scenario where the IRA tax credits are immediately removed but projects starting construction by 2025 are grandfathered in could result in a 17% drop in cumulative wind, solar, and energy storage capacity additions over 2025-2035[1].

    Despite these challenges, the clean energy industry remains resilient. Deloitte's 2024 renewables industry outlook notes that the tandem push of federal investments and decarbonization demand from public and private entities could enable renewables to overcome hurdles and meet climate targets[3].

    In conclusion, the clean energy industry is experiencing strong growth, driven by federal policies, corporate demand, and technological advancements. While there are potential risks ahead, the industry's resilience and the continued push for decarbonization suggest a bright future for clean energy in the US.
    Show More Show Less
    3 mins
  • "Surging Clean Energy: Powering the US with Renewables, Storage, and Manufacturing Revival"

    "Surging Clean Energy: Powering the US with Renewables, Storage, and Manufacturing Revival"
    Nov 24 2024
    The clean energy industry in the United States is experiencing robust growth, driven by strong policy support, competitive economics, and increasing demand for renewable energy solutions. According to BloombergNEF's 2H 2024 US Clean Energy Market Outlook, the US is on track to see over 25% growth in annual clean energy installations this year, reaching an all-time high of 65 gigawatts of new solar, wind, and energy storage additions[1].

    Key highlights from recent market reports include:

    - Utility-scale solar capacity has surpassed 100 gigawatts, with 4,557 megawatts added in the first quarter of 2024, a 28% increase year-over-year[2].
    - The energy storage sector is expected to exceed 10 gigawatts of new additions in 2024, with California and Texas leading the market[1].
    - Despite challenges in the onshore wind market due to longer turbine delivery lead times and equipment shortages, the overall clean energy pipeline has expanded to nearly 175 gigawatts, the highest on record[2].

    Global energy investment is set to exceed $3 trillion for the first time in 2024, with $2 trillion going to clean energy technologies and infrastructure. In the US, investment in clean energy is estimated to be over $300 billion in 2024, 1.6 times the 2020 level and well ahead of the amount invested in fossil fuels[3].

    The Inflation Reduction Act (IRA) has played a crucial role in boosting clean energy investments, with $303.3 billion in energy transition financing deployed in the US in 2023. The IRA has also spurred a domestic clean energy manufacturing revival, with $123 billion in announced investments across 104 manufacturing facilities planned in North America[5].

    Consumer behavior and corporate procurement are also driving the clean energy transition. The number of companies joining RE100, a global corporate initiative to procure electricity entirely from renewables, has grown significantly, with around a quarter of the members headquartered in the US. Corporate renewable procurement saw a 31% increase in transacting customers between the first half of 2022 and 2023[4].

    However, regulatory changes and election outcomes pose some risks to the industry's long-term growth. A repeal of the IRA tax credits could result in a 17% drop in cumulative wind, solar, and energy storage capacity additions over 2025-2035[1].

    In response to current challenges, industry leaders are focusing on strengthening supply chains, investing in domestic manufacturing, and advocating for continued policy support. The clean energy industry is poised for continued growth, with the US expected to hit an average of 102 gigawatts of annual clean energy installations over the next 11 years, quadruple the 26 gigawatts averaged over the past 11 years[1].
    Show More Show Less
    3 mins
  • The Clean Energy Industry's Resilience and Potential: Trends and Insights for 2024

    The Clean Energy Industry's Resilience and Potential: Trends and Insights for 2024
    Nov 22 2024
    The clean energy industry is experiencing significant growth and transformation, driven by increasing demand for renewable energy solutions, technological advancements, and supportive policy frameworks. Recent market movements and trends highlight the industry's resilience and potential for continued expansion.

    In the first quarter of 2024, the U.S. clean energy industry added 5,585 megawatts (MW) of new capacity, marking a 28% increase compared to the same period in 2023[1]. Utility-scale solar surpassed 100 gigawatts (GW) of installed capacity, with 4,557 MW of new solar capacity added in Q1 2024. The first large-scale offshore wind project in federal waters, the South Fork Wind project, began supplying 132 MW of clean power to the grid.

    Global energy investment is set to exceed $3 trillion in 2024, with $2 trillion going to clean energy technologies and infrastructure[2]. The U.S. is expected to invest over $300 billion in clean energy in 2024, a 1.6-fold increase from 2020. The European Union and China are also making significant investments in clean energy, with China projected to spend nearly $680 billion in 2024.

    The renewable energy industry outlook for 2024 is positive, with the Energy Information Administration expecting renewable deployment to grow by 17% to 42 GW[3]. Corporate renewable procurement saw a 31% increase in the number of transacting customers between the first half of 2022 and 2023, driven by big technology companies meeting their 24/7 and carbon-matching targets.

    The Inflation Reduction Act (IRA) has played a crucial role in boosting clean energy investments in the U.S. In 2023, the U.S. saw a record-shattering $303.3 billion in energy transition financing, with manufacturing facilities planned across North America representing $123 billion in announced investments[4].

    Recent data from the Clean Energy Market Monitor highlights the continued growth of clean energy technologies, with solar PV and wind power deployment driving down wholesale prices in some countries[5]. The report also notes the importance of complementary investments in flexibility and storage capacity to support the integration of variable renewable energy sources.

    In response to current challenges, clean energy industry leaders are focusing on developing domestic manufacturing capabilities, improving supply chain resilience, and investing in emerging technologies such as green hydrogen and advanced energy storage. The industry is also seeing a shift in consumer behavior, with increasing demand for renewable energy solutions and growing awareness of the importance of decarbonization.

    Overall, the clean energy industry is poised for continued growth and transformation, driven by supportive policies, technological advancements, and increasing demand for renewable energy solutions. As the industry continues to evolve, it is essential to monitor market trends, regulatory changes, and emerging competitors to stay ahead of the curve.
    Show More Show Less
    4 mins

What listeners say about Clean Energy Industry News

Average customer ratings

Reviews - Please select the tabs below to change the source of reviews.

Audible.co.uk reviews

Amazon reviews
No Reviews are Available