All Alternative energy stories

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

DOE aims to cut solar costs by 60% as part of Biden's climate program

Energy Secretary Jennifer Granholm. Photo: Joshua Roberts/Getty Images

The Energy Department is aiming to help lower solar power costs by 60% over the next decade as the Biden administration looks to greatly speed up deployment of solar and other climate-friendly sources.

Why it matters: The target, paired with new funding for development of more advanced solar tech, is among Energy Secretary Jennifer Granholm's first initiatives.

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

U.S. solar had a record year in 2020

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Additions of new U.S. solar generating capacity broke new records last year despite the COVID-19 pandemic slowing some types of projects, per new industry data.

Why it matters: It shows a surge in growth thanks to increasing cost competitiveness, but also how solar continues to benefit from supportive state and federal policies.

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

First major U.S. offshore wind project moves closer to reality under Biden

Illustration: Lazaro Gamio/Axios

Plans for the first major U.S. offshore wind project are closer to reality now that the Interior Department has completed an environmental review of Vineyard Wind, which is proposed for construction off Massachusetts.

Why it matters: Offshore wind has been very slow to develop here despite large power generating potential, but a wave of projects are now planned off the coast of Atlantic states including New York and New Jersey.

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

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

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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

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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.