We Don't Need No Giant Whirlybird Fans

Discussion in 'Energy' started by Weatherman2020, Jul 11, 2018.

  1. Weatherman2020
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    Weatherman2020 Educating Libs Since 1978

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    New data show Canadian investment in clean technology has cooled off over the past three years, despite myriad programs introduced by Ottawa to boost spending on green infrastructure and shift the country towards a lower carbon economy.

    Canadian private sector investment in clean technologies have fallen by half since 2014, dropping to a combined US$9.4 billion over the past three years, compared with US$19.5 billion between 2012-2014, according to data from Bloomberg New Energy Finance. Investments rose to US$3.3 billion last year, compared to US$2.3 billion, but is less than half of the peak in 2014. Investments in the first two quarters of 2018 appear to be below the fourth-quarter running average, BNEF data shows. […]

    “Any time you have a ratcheting down of subsidies, in the immediate aftermath you see a total destruction of the market,”said Amy Grace, head of North American research at Bloomberg New Energy Finance.


    ‘Total destruction of the market’: Investments in clean tech cool off as subsidies end

    Doh!
     
    • Informative Informative x 1
  2. Old Rocks
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    Old Rocks Diamond Member

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    Launched in New Mexico this week — one of the rising stars of the US wind energy sector, adding wind power capacity at a faster rate in 2017 than any other state — the American Wind Energy Association (AWEA) published its U.S. Wind Industry Annual Market Report 2017 report which highlighted the role wind energy is playing in the country’s rapid expansion towards low-carbon electricity generation.

    According to this latest report, wind power generated 6.3% of US electricity in 2017. However, wind’s impact can be better seen in its role in states like Iowa, Kansas, Oklahoma, and South Dakota, where it is generating over 30% of capacity. Looking further abroad, the report shows that more than 14 states are generating over 10% of electricity from wind. Overall, operating wind power capacity grew by 9% in 2017, with the installation of 7,017 megawatts (MW) worth of new capacity, bringing the country’s cumulative capacity up to 88,973 MW, or around 54,000 wind turbines operating in 41 states (as well as Guam and Puerto Rico).

    US Wind Energy Now Supplies More Than 30% In Four States | CleanTechnica

    Wind will continue it's explosive growth in the US. We have vast untapped resources available for this technology. When we get rid of the orange clown, it will go even faster.
     

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