Among different types of power generation technologies, nuclear power is one of the most expensive. During the last five years from 2015 – 2019, the Levelized Cost of Electricity (LCOE) for nuclear power has risen […]
The United States (US) plans to build a new power plant in 2021 with a capacity of 40 GW. This power plant will mostly be dominated by solar and wind, accounting for more than 70% […]
The global renewable investment was slightly more than USD 300 billion in 2018. It accounted for nearly 39% of the total investment in the power sector in that year. Although investment in this section rose […]
Today, solar & wind power are cheaper than nuclear power as well as less effectiveness to struggle with climate change. According to the latest edition of the annual World Nuclear Industry Status Report (WNIS), in […]
Los Angeles Power and Water officials have struck a deal on the largest and cheapest solar + battery-storage project in the world, at prices that leave fossil fuels in the dust and may relegate nuclear […]
A fact-based ranking system, the Energy Transition Index (ETI), helps businesses and policymakers understand which countries are on track for energy transition success [1]. The ETI is a composite score of 40 indicators, sourced from […]
Germany’s electricity generation from renewables increased by 9.8% in the first half of 2020, compared to 2019. At the end of 2019, the share of renewables, fossil fuels, and nuclear power were 46%, 40.2%, 13.8% […]
South Korea as one of the largest coal importers in the world plans to reduce the usage of coal as a means to produce electricity. Energy experts say that the Korean government plans to close […]
Interested in the history of alternative large scale batteries? Did you know that World’s first Compressed Air Energy Storage (Huntorf’s CAES) plant was built in 1978? It was designed to store extra energy in Elsfleth, […]
In 2011, one of the world’s worst nuclear disasters happened in Japan‘s northeastern prefecture of Fukushima. Fukushima’s 9.0 magnitude earthquake and subsequent Tsunami that devastated the area. The miscommunication led to plants not going to […]
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