Energy news today
Here are some of the latest energy news stories from around the world:
Renewable Energy
- Solar Power: The cost of solar power has fallen by 70% over the past decade, making it more competitive with fossil fuels. (Source: BloombergNEF)
- Wind Power: The US has seen a surge in wind power installations, with 13.3 gigawatts of new capacity added in 2020. (Source: American Wind Energy Association)
- Hydrokinetic Energy: A new tidal power project has been launched in Scotland, which aims to generate enough electricity to power 1,000 homes. (Source: The Guardian)
Electric Vehicles
- EV Sales: Electric vehicle sales have reached a record high in the US, with over 360,000 units sold in 2020. (Source: InsideEVs)
- Charging Infrastructure: A new study has found that the US needs to install an additional 1.2 million public charging stations to support widespread EV adoption. (Source: BloombergNEF)
- Tesla: Tesla has announced plans to launch a new electric pickup truck, the Cybertruck, which will have a range of over 500 miles. (Source: The Verge)
Fossil Fuels
- Oil Prices: Oil prices have fallen to their lowest level in over a year, due to concerns over the global economic outlook. (Source: CNBC)
- Natural Gas: The US has become the world's largest producer of natural gas, thanks to the shale revolution. (Source: The Wall Street Journal)
- Coal: The UK has announced plans to phase out coal-fired power plants by 2025, in a bid to reduce carbon emissions. (Source: BBC News)
Energy Policy
- Climate Change: The European Union has set a target of becoming carbon neutral by 2050, in an effort to combat climate change. (Source: The New York Times)
- Renewable Portfolio Standards: A new study has found that renewable portfolio standards (RPS) have been effective in driving the growth of renewable energy in the US. (Source: Environmental Defense Fund)
- Energy Storage: The US Department of Energy has announced plans to invest $100 million in energy storage research and development. (Source: The Hill)
Other Energy News
- Nuclear Power: A new nuclear power plant has been launched in the UK, which will generate enough electricity to power 1.3 million homes. (Source: The Telegraph)
- Biofuels: A new study has found that biofuels can play a key role in reducing greenhouse gas emissions from transportation. (Source: Science Magazine)
- Energy Efficiency: A new report has found that energy efficiency measures can save the US economy $1.2 trillion by 2050. (Source: The National Association of State Energy Officials)
I hope you find these energy news stories interesting and informative!