Alternative energy

The big picture

Climate change boosts support for divisive tech

Climate change experts say they're necessary to combat the problem.

Dec 14, 2020 - Energy & Environment
Biden's climate plan tries to bring unions into clean energy

Renewable energy has grown a lot, but union jobs have not.

Jul 20, 2020 - Energy & Environment
Wind and solar would struggle to replace coal-mining jobs

Renewable energy helps combat climate change, but the jobs potential is less clear.

Feb 5, 2020 - Energy & Environment
Why some in Big Oil are looking to go big in offshore wind

European oil and gas majors are leading the way.

Oct 30, 2019 - Energy & Environment

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Ben Geman, author of Generate
Feb 24, 2021 - Energy & Environment

How Biden's clean-energy jobs transition could work in fossil fuel hubs

A new analysis shows lots of potential for regions with a high share of fossil fuel jobs to benefit from wind and solar development — with the right policies in place.

Why it matters: The idea of a "just transition" in the energy sector is discussed a lot in climate policy plans, including President Biden's recent executive order.

Feb 20, 2021 - Politics & Policy

Houston mayor: Blaming renewables for Texas blackouts "disingenuous"

Houston Mayor Sylvester Turner. Photo: Thomas Shea/AFP vis Getty Images

Houston Mayor Sylvester Turner said Saturday that blaming this week's mass power outages on renewable energy is "disingenuous."

Driving the news: Several Republicans, as well as conservative commentators have falsely blamed wind and solar energy for the blackouts, which left millions of people across Texas in the dark amid frigid temperatures and snow and ice storms.

Ben Geman, author of Generate
Feb 19, 2021 - Energy & Environment

Texas power outage: How different electricity sources fare in extreme weather

Reproduced from IEA; Chart: Axios Visuals

The International Energy Agency is out with a helpful primer on how things got so bad in Texas earlier this week — and how to make power systems more resilient to weather extremes.

The big picture: Part of their analysis looked at what happened when bitter cold caused a surge in demand but also hampered natural gas production and power generation equipment.

Ben Geman, author of Generate
Feb 18, 2021 - Energy & Environment

How Texas' power mix breaks down

Expand chart
Data: EIA; Chart: Axios Visuals

The chart above is a wide-angle look at the main sources of electricity generation in Texas, showing how natural gas is by far the biggest and how renewables (largely wind) have overtaken coal.

Yes, but: There's plenty of variation, and blaming wind for the state's crisis misses the mark, The Wall Street Journal reports.

Ben Geman, author of Generate
Feb 16, 2021 - Energy & Environment

Oil giants stake geothermal startup

Illustration: Sarah Grillo/Axios

The VC arms of Chevron and BP are funding Eavor, a startup looking to commercialize a form of geothermal energy that it says can provide large-scale power in many regions worldwide.

Why it matters: It's the latest sign of momentum and investor interest behind technology that could significantly scale up geothermal.

Ben Geman, author of Generate
Feb 9, 2021 - Energy & Environment

Hydrogen truck player Hyzon is going public at $2.7 billion valuation

Illustration: Aïda Amer/Axios

Hyzon Motors, the hydrogen fuel cell truck and bus startup, is going public via reverse merger with a special purpose acquisition company.

Driving the news: Hyzon is merging with Decarbonization Plus Acquisition Corp. in a deal that values the New York-based startup at $2.7 billion.

Ben Geman, author of Generate
Feb 9, 2021 - Economy & Business

Oil giant Total rebrands and boosts renewables spend

Photo: Jonathan Raa/NurPhoto via Getty Images

The huge multinational oil-and-gas company Total on Tuesday unveiled new information about its diversification efforts — and the company's changing its name too.

Driving the news: Total said over 20% of its expected $12.1 billion in net spending in 2021 will be devoted to renewables and other electricity-related investments.

Ben Geman, author of Generate
Jan 25, 2021 - Energy & Environment

Europe's electricity inflection point

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Reproduced from an Ember and Agora Energiewende report; Chart: Axios Visuals

Renewable sources overtook fossil fuels as the largest source of power generation in the European Union for the first time last year, new analysis Monday shows.

Why it matters: It's an inflection point. Wind — now the largest source of renewables in the bloc — and solar have been growing while coal-fired production has fallen sharply in recent years.

Ben Geman, author of Generate
Jan 22, 2021 - Politics & Policy

Yellen says Biden is "fully supportive" of carbon pricing

Photo: Alex Wong/Getty Images

Janet Yellen, President Biden's nominee to run the Treasury Department, has made clear to senators that her boss supports carbon pricing, but how that backing translates to policy is unknown.

Driving the news: "I am fully supportive of effective carbon pricing and I know that the President is as well," Yellen said in written answers to Senate Finance Committee members' questions published Thursday.

Amy Harder, author of Generate
Jan 22, 2021 - Energy & Environment

After a banner 2020, cleantech poised to accelerate under Biden

Data: FactSet; Note: XOP is an exchange-traded fund (ETF) of U.S.-based oil and gas stocks. ICLN is an ETF of global clean energy stocks. Chart: Axios Visuals

After booming in 2020, stocks of clean-energy companies are poised to keep going up with President Biden pushing policies favorable to their bottom lines.

Where it stands: Cleantech stocks have blown past their last high in the mid-2000’s, which burst in the 2008 financial crisis. Not so far this time despite the pandemic crushing economies everywhere — and the oil industry.

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