Remove 2019 Remove Natural gas Remove Solar Power
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2020: Fossil fuels are dead, long live the sun

GreenBiz

Exxon’s 2018 revenues were half of what it made a decade earlier; in 2019, it was only $14.3 The Institute for Energy Economics and Financial Analysis reported that "the world’s largest publicly traded oil and gas companies shelled out a total of $71.2 To put it simply, that is record-cheap solar power. Natural Gas.

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Installed solar capacity is now greater than oil in the United States

Solar Power World

According to a review by the SUN DAY Campaign of data just released by the Federal Energy Regulatory Commission (FERC) for the first three-quarters of 2019, solar and wind provided nearly six-times as much new generating capacity as natural gas in September.

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FERC expects 50 GW of rewnewables to be added in next three years – far outpacing fossil fuels

Solar Power World

electrical generating capacity added in 2019 — swamping new additions provided by coal, natural gas, oil and nuclear power combined. FERC released its year-end energy infrastructure report today, and initial analysis by the SUN DAY Campaign finds that renewable energy sources provided 57.26% of new U.S.

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California’s Shift From Natural Gas to Solar Is Playing a Role in Rolling Blackouts

GreenTechMedia

Electricity demand for air conditioning throughout the region stretched California's power capacity and limited the state's ability to import power from nearby states. “That solar resource is fading fast, and we have to ramp up other resources quickly to meet that net peak event.”

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Solar Technology Got Cheaper and Better in the 2010s. Now What?

GreenTechMedia

According to Wood Mackenzie, global annual solar installations grew more than sixfold this past decade, from 16 gigawatts in 2010 to 105 gigawatts in 2019. In the meantime, multi-silicon solar module prices dropped from over $2 per watt to just over $0.20 per watt in Q3 2019.

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How to value solar plus storage

GreenBiz

Solar plus storage also helps the wider grid and environment by letting consumers shift the time when they consume solar power: by storing solar energy when it’s abundant during the day, and using it at night, in place of power generated from fossil fuels.

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Renewables Overtake Coal, Thanks To Natural Gas

R-Squared Energy

This surge is better shown by the following graphic, which highlights the three categories of modern renewables that have driven the consumption surge: Wind power, solar power, and biofuels. So, how does the consumption of renewables and coal compare to our consumption of petroleum, natural gas, and nuclear power?