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Daily Archives: March 16, 2021
Renewables to sidestep ‘historic shock’ as only power source to grow in 2020, says IEA
Renewables will stand alone as the only generation class to experience growth in 2020 as the COVID-19 pandemic delivers the most seismic shock to the power sector since the Great Depression.That is the key takeaway from the International Energy Agency’s … Continue reading
The grid needs $14T to support full decarbonization
At least $14 trillion needs to be invested in the grid worldwide by 2050 to support an evolved power system, according to BloombergNEF’s new Power Grid Long-Term Outlook 2021 published this week.The transition to electric heating and transport will drive up electricity demand, … Continue reading
Posted in Off-grid, Power Generation
Tagged Electricity, Grid, power generation capacity, power grid, power plants, Solar Power, solar power systems
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