Trillions of dollars will be invested in renewable energy over the next 25 years. This will drive some of the most profound changes yet in how humans get their electricity. That’s according to a new forecast by Bloomberg New Energy Finance that plots out global power markets to 2040.
Futurist Thomas Frey: Having just returned from a trip to Alaska, it occurred to me that most of the 660,000 sq miles of this beautiful state will never be habitable until a more complete off-grid solution is found. In Alaska, they’ve already figured out how to turn every one of their 3 million lakes into a landing strip, so transportation is far less of an issue than power, heat, lights, water, and communications.
Showing no signs of slowing, the global solar boom that began a decade ago could triple the generating capacity installed worldwide by 2020. Continue Reading »
Prime Minister Narendra Modi and the Indian Cabinet recently approved increasing the country’s solar target five times to a goal of reaching 100 gigawatts, up from 20 GW, by 2022. Continue Reading »
Even as technology advances at a mind-boggling rate, batteries always seem to lag behind. It often hinders the development of novel devices and gadgets simply due to their bulky size or limited storage capacity. Continue Reading »
In the dusty khaki scrubland of South Africa’s inhospitable Northern Cape province, brightly polished mirrors flash light across the landscape as they rotate slowly to follow the sun, producing electricity for 80,000 homes. Continue Reading »
According to new estimates from the International Monetary Fund, which puts the cost of subsidizing fossil fuels at an enormous $5.3 trillion a year, or around $10 million a minute every day, global energy subsidies are quite a lot larger than most of us thought. Continue Reading »
In a remote part of southern California the new Topaz Solar Farm sprawls over an area about a third of the size of Manhattan, and these solar plants are only getting bigger. Continue Reading »
A new artificial photosynthetic system has been invented by a team of scientists. This new system could one day reduce industry’s dependence on fossil fuel-derived energy by powering it with solar energy and bacteria. Continue Reading »
Life today in Mueller—an innovative suburb of Austin, Tex., seems like something out of the distant future. New homes wired with the latest smart gadgets cluster together around shared park spaces. Blue-black panels that transform sunshine into electricity grace a majority of roofs. Electric cars or hybrids glide silently to rest in garages. Continue Reading »