The China Renewable Energy Engineering Institute (CREEI) reports that by the end of 2024, China is set to add 190GW of solar capacity and 70GW of wind. The NEA reports China added 217GW of solar power and 76GW of wind power in 2023 – to reach a total capacity of 1,050GW. China needs 15 Tesla …
China had 65% of global wind production in 2023. China wind power domination goes along with domination of solar power production. China has about 80-85% of solar power manufacturing capacity. Four Chinese wind turbine original equipment manufacturers (OEM) are in the top five global companies in wind. 16.3 gigawatts (GW) wind was installed. Goldwind maintained …
Perseus Materials is reinventing composites manufacturing as it is currently known. Perseus Materials wants to build bigger, faster, anywhere. They are developing and applying a proprietary composite fabrication processes to the manufacturing of oversize load-bearing structures for buildings, bridges, wind turbines, and other applications in infrastructure and energy. They will bring to market a new …
What happens if we slow down the wind around the world by a few percentage points? The Wind Energy industry wants everyone on the planet to find out. Global wind power passed 1 terawatt in 2022 and was 2160 terawatt hours. The global wind industry plans to more than quadruple this level of wind and …
When looking at the rise of renewable energy, it would surprise some people to know that since 2000, global hydroelectric power additions almost match the increase in wind power and both have increased more than solar energy. The global energy mix has shifted slightly away from coal power. Wind and solar power are continuing to …
There is some mostly empty talk from Germany about reducing imports of Russian energy.
The Malta energy storage system takes electricity, converts and stores that electricity as heat, and then converts it back to electricity to be redistributed on the electric grid. In charge mode, the system operates as a heat pump, storing electricity as heat in molten salt. In discharge mode, the system operates as a heat engine, …
Nuclear Energy generation increased 5% in 2020 over 2019. China’s nuclear energy production was 331 TWh for the first 11 months of 2020. China generated 349 TWh in 2019 and is on track to generate 367 TWh in 2020. Hydro power in China was up 5% over 2019. China’s 2019 power generation figures from the …
China’s President Xi has committed to make China Carbon neutral by 2060. China’s top university, Tsinghua, has published an energy plan to reach that goal. The plan would be increase nuclear energy by nearly 5 times from today’s level and to eliminate coal for electricity by 2050. China would depend upon solar, wind and nuclear …
The coronavirus crisis has US corporate interest rates are in the 1.8-4.1% range. China has a 10-year government bond yield of 2.6%. Low rates make new nuclear energy and other high capital cost projects more affordable. We have to adjust the cost calculations for solar and wind to factor in the shorter usable life of …
Global emissions were unchanged at 33 gigatonnes in 2019 even as the world GDP grew by 2.9%. Increased wind, solar power, natural gas power and higher nuclear power output in developed countries offset increased emissions in emerging countries. * coal CO2 emission declined by about 200 million tonnes (Mt). This was -1.3%. * advanced economies …