Four European countries have pledged to build at least 150 gigawatts (GW) of offshore wind capacity in the North Sea by 2050. This pledge will produce enough electricity to power 230 million European homes. Read more here: four-eu-countries-increase-offshore-wind-power-capacity-tenfold
The Department of Energy has launched a four-year initiative that will increase the availability of clean electricity and will support affordable and reliable clean energy solutions. Read the article here: doe-provides-505m-to-advance-long-duration-energy-storage-fed-by-renewable
According to a recent report, it is now cheaper to switch from coal to renewable energy compared to switching from coal to gas. Read the article here: costs-for-switching-from-coal-to-renewables-has-plunged
New Renewable Energy records have recently been reached across the U.S. Read the article here: https://energycentral.com/news/grid-operators-across-us-report-new-renewable-energy-records
Exxon Mobil Corp. recently stated there will be a $4 trillion Carbon Capture market by 2050. Read the article here: Exxon-sees-carbon-capture-market-at-4-trillion-by-2050
The U.S. Export-Import Bank approved an initiative meant to support domestic export projects and will be available to all sectors. Read the article here: Export-Import Bank plan
The Institute for Energy Economics and Financial Analysis (IEEFA) recently stated Natural gas-fired power production hit a record high in 2020. Read more here: natural-gas-fired-generation-peaked
