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Renewable Energy News

Renewable Energy News

This weeks round up of headlines from the renewable energy sector includes reflections on how the Russo-Ukrainian war has affected the industry, storage concerns, the interesting feature of electric vehicles to function as renewable energy storage, and how the LDES predicts we will need “1.5tn-$3tn worth of investment between 2022 and 2040 will be needed to develop the sector further”

This weeks round up of headlines from the renewable energy sector includes reflections on how the Russo-Ukrainian war has affected the industry, storage concerns, the interesting feature of electric vehicles to function as renewable energy storage, and how the LDES predicts we will need “1.5tn-$3tn worth of investment between 2022 and 2040 will be needed to develop the sector further”

Is Renewable Energy Outpacing Coal in The Wake of Russia’s Invasion of Ukraine?

The global energy crisis has “turbocharged” the renewable energy transition with the energy source set to make up “90% of electricity capacity expansion” over the next five years with coal being expected to take a serious hit as soon as 2025.

Read the full story by JUSTINE CALMA/@justcalma for The Verge.

https://www.theverge.com/2022/12/6/23496267/renewable-energy-crisis-turbocharged-iea-report-russia-ukraine-war

New Energy Storage Technologies Hold The Key to The Renewable Transition

Concerns over renewable energy storage technologies are trending. Shotari Tani of the Financial Times explores why we need to look at the whole energy market and sources such as Hydrogen that can help us transform industries. “Investment in LDES has picked up noticeably in recent years”, but we’re just at the beginning of this revolution with the articles stating “a cumulative $1.5tn-$3tn worth of investment between 2022 and 2040 will be needed to develop the sector further”

Read the full story by SHOTARI TANI for the Financial Times.

https://www.ft.com/content/4c8919a3-5d94-4772-9aa2-3d6186170009

India’s Renewable Energy Targets May See it Become a Key Global Exporter as The Energy Transition Ramps Up

“The Indian government has set a target of getting 50% of the nation’s power from non-fossil fuel sources by 2030.” India’s renewable energy targets are ambitious and part of its wider strategy to become a major exporter.  

Read the full story from JAMIE HAILSTONE@jamiehailstone for Forbes.

https://www.forbes.com/sites/jamiehailstone/2022/11/29/india-is-set-to-become-a-leader-in-renewable-energy-says-ceo/

#EVNEWS - “Fast lane to a net-zero future” Electric Vehicles Used To Store Renewable Energy

The ingenious feature of electric vehicles to act as renewable energy storage that can feed back into the grid during peak times is hailed as a “fast lane to a net-zero future” by the Massachusetts Institute of Technology

Read the full story by Leda Zimmerman for MIT.

https://news.mit.edu/2022/reversing-charge-electric-vehicles-1128

#NETZEROSOLUTIONS - Big Data & Renewable Energy

Sustainability Magazine approaches the science of renewable energy and how BIG data can offer solutions to the problems currently faced by the industry when it comes to unlocking secure and sustainable energy

Read the full story by Bryan Davies for Sustainability Magazine.

https://sustainabilitymag.com/articles/why-data-is-key-to-unlocking-secure-and-sustainable-energy

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