Global solar energy and wind energy investment eclipsed fossil fuel energy investment in 2015 by a factor of 2 to 1. Despite record low oil and fossil fuel prices, renewable, clean energy has continued it's relentless march down the cost curve providing some of the lowest cost electricity anywhere. Bloomberg New Energy Finance's (BNEF) global Summit 2016 outlined many of the strong trends emerging in the sector.
Two sources of renewable energy -- solar photovoltaic (PV) panels and wind power -- are heading in opposite directions in San Francisco where, according to the San Francisco Chronicle, solar home power installations have doubled over the last two-and-a-half years while the tally for residential wind projects is stuck in the single digits (nine, to be exact).
Lawrence Livermore National Laboratory on Monday released a report explaining that energy use in the United States declined last year, and the role of renewable energy in our production mix is increasing. We've highlighted some major points from the technical report. To start, take a look at this helpful (but complex!) diagram on how we produce and use energy:
April 29, 2010 could be the date looked upon years from now as a turning point in U.S. renewable energy policy and production.