- “Seven Reasons Cheap Oil Can’t Stop Renewables Now” – Oil prices have fallen by more than half since July. Just five years ago, this would have put the renewable-energy industry on bankruptcy watch. Here are seven reasons why humanity’s transition to cleaner energy won’t be sidetracked by cheap oil. [Bloomberg]
- Eos Energy Storage will be making its MW-scale Aurora system commercially available starting in 2016 at a price of $160/kWh, according to a recent press release. The company’s standard offering is a containerized 1-MW DC battery system that can provide roughly 4 hours of continuous discharge for cost-effective energy storage. [CleanTechnica]
- The government of the Indian state of Karnataka might not consider any more thermal power projects in future, the energy minister said. He warned that the summer might be tough because of coal mining licence cancellations by the Supreme Court. He pegs his hopes on renewable energy, especially solar power. [The New Indian Express]
- Over the course of last year the electricity generated from solar installations across the UK almost doubled. Official data finds that at the end of 2014 solar generated almost 5 GW, up from 2.8 GW at the end of 2013. The latest figure is enough power to supply 1.5 million homes across the country. [Blue & Green Tomorrow]
- Not only is demand for electric power in the US falling, but competition from renewable energy sources is growing. In the past few years, that competition is not just from other large power producers, but from utility customers themselves. The rising opportunity for consumers is a problem for utilities. [Huffington Post]
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