Wind and Solar Costs Are Plummeting: Now What Do We Do?

For years, debates about how to reduce carbon emissions from electricity generation were framed as trade-offs: What is the cost premium we must pay for generating zero-carbon electricity compared to fossil fuels, and how can we minimize those costs? Fortunately, the holidays came early this year for renewable energy: In investment company Lazard’s annual reportContinue reading “Wind and Solar Costs Are Plummeting: Now What Do We Do?”

Emerging Nations Have Taken the Lead on Renewable Energy

Historically speaking, wealthier, developed nations, particularly the US and Europe, have led the world on renewable energy, investing the most capital and building the most capacity. Last year, that changed. In 2015, for the first time, countries outside the Organization for Economic Cooperation and Development (OECD) invested more in renewable energy and added more renewableContinue reading “Emerging Nations Have Taken the Lead on Renewable Energy”

IDB Approves US$100mn Loan for Chile’s Sustainable Energy Sector

The Inter-American Development Bank (IDB) approved a US$100mn loan to the government of Chile to finance a sustainable energy program. Objectives of the program include simplifying the rate structures and processes of natural monopolies; fomenting competition in the generation and transmission segment; and promoting the development of renewables and energy efficiency, IDB said in aContinue reading “IDB Approves US$100mn Loan for Chile’s Sustainable Energy Sector”