What’s Going On Here? This week the International Energy Agency (IEA) released its Renewables 2020 report, a detailed analysis of the impact of COVID-19 on renewables in the electricity, transport and heat sectors. What Does This Mean? Whilst almost all other fuels have been badly impacted, the renewable energy sector has adapted to the rapid changes of the ongoing COVID-19 pandemic and…
What’s Going On Here? Technology has been developed to produce carbon-free energy from the sun, powerful enough to rival fossil fuels. This is the first time renewable energy has been able to be used for powering heavy industries, such as the manufacturing of concrete, steel and petrochemicals. What Does This Mean? The technology is called ‘concentrated solar power’. It works by using…
What’s Going On Here? The falling costs of wind and solar energy will soon make UK renewable energy viable without subsidies. ⚡️ 2011: 1 UK Solar Megawatt typically cost £2.5m2018: 1 UK Solar Megawatt typically costs £0.7m The falling cost of UK renewable energy means that between now and 2030, an extra £20bn of investment is forecast in alternative energy projects in the UK…
