Renewable Energy

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American Airlines’ Focus on ESG in 401(k) plan is Illegal, US judge Rules

Energy Topics & Technology, ESG, Latest, Renewable Energy, Solar, Wind / By

A federal judge in Texas on Friday said American Airlines violated federal law by basing investment decisions for its employee retirement plan on environmental, social and other non-financial factors. The ruling by U.S. District Judge Reed O’Connor appeared to be the first of its kind amid growing backlash by conservatives to an uptick in socially-conscious …

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EU’s 2024 New Wind Capacity Less Than Half Amount Needed for Climate Goal, Industry Group Says

CDN and International News, Latest, Renewable Energy, Wind / By

(Reuters) – Wind power provided 20% of the electricity consumed in Europe last year, but the capacity built during the year was less than half of what is needed to meet the European Union’s 2030 energy and climate targets, industry group WindEurope said on Friday. WHY IT’S IMPORTANT Wind has been a growing part of …

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Texas Tops US States for Renewable Energy and Battery Capacity

Batteries, Energy Topics & Technology, Latest, Renewable Energy, Solar, US News, Wind / By

By Gavin Maguire LITTLETON, Colorado, Jan 9 (Reuters) – Texas is dominating the development of renewable energy generation and battery capacity within the United States, and is estimated to have installed nearly 80% more combined solar, wind and battery capacity than the next largest state. The Lone Star state has 42,000 megawatts (MW) of wind …

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European Wind Stocks take Beating After Trump Calls Turbines ‘Garbage’

Latest, Renewable Energy, US News, Wind / By

(Reuters) – European wind power stocks fell on Wednesday after U.S. President-elect Donald Trump said he would try to ensure that “no windmills” are built on his watch, criticising the sector less than two weeks before he is due to take office. Trump’s latest swipe against the industry raises concerns about how the U.S. wind …

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Where Does Solar and Wind Renewable Electricity Generation Make Sense? – Yogi Schulz

Electricity Grid, Energy Commentary, Energy Topics & Technology, Hydro, Latest, Renewable Energy, Solar, US News, Wind / By

By Yogi Schulz We’ve all read about the heated and continuing debate about the effectiveness and cost of solar and wind renewable electricity generation. Some have hyped these technologies as the saviour for the energy transition to address the impact of climate change. Others have challenged their cost, reliability and lifespan. Where do these technologies …

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Equinor Secures $3 Bln Financing for U.S. Empire Wind 1 Project

Latest, Renewable Energy, US News, Wind / By

(Reuters) – Norway’s Equinor said on Thursday it had secured a financing package of more than $3 billion for its Empire Wind 1 offshore wind power project in the United States. The company expects the total capital investments, including fees for the use of the South Brooklyn Marine Terminal, to be around $5 billion, including …

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Trump Calls to ‘Open Up’ North Sea, Get Rid of Windmills

Conventional Energy, Latest, Oil, Renewable Energy, US News, Wind / By

Summary • Trump says UK making “a very big mistake” • Britain is increasing windfall tax on North Sea energy producers • Government aims to quadruple offshore wind by 2030 (Reuters) – U.S. President-elect Donald Trump called to “open up” the British North Sea and get rid of windmills in a post on his social …

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COMMENTARY: Solar and Wind Power Make Electricity More Expensive – That’s a Fact

Conventional Energy, Energy Commentary, Energy Topics & Technology, Latest, Natural Gas, Renewable Energy, Solar, US News, Wind / By

As a new year dawns and winter takes hold, it’s worth considering the cost of energy. After a meeting in Italy last spring, the G7 countries (including Canada) pledged to triple renewable energy sources (e.g. wind, solar) globally to ensure an “affordable” energy future. But while direct costs for wind and solar are dropping, they remain expensive due …

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US Agency Takes Steps to Protect Nevada Mountains from Energy Development

Conventional Energy, Geothermal, Latest, Natural Gas, Oil, Renewable Energy, US News / By

The Biden administration on Monday took steps to protect the Ruby Mountains in northeast Nevada from oil, gas and geothermal development for 20 years. The Interior Department said it had approved an application by the U.S. Forest Service to withdraw 264,442 acres of federal lands in the Ruby Mountains from mineral and geothermal leasing. The …

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Big Oil Backtracks on Renewables Push as Climate Agenda Falters

Conventional Energy, Latest, LNG, Natural Gas, Oil, Renewable Energy, Solar, US News, Wind / By

Summary European majors slow clean energy investments Investors rewarding oil and gas focus New Trump U.S. presidency among big factors in 2025 (Reuters) – Major European energy companies doubled down on oil and gas in 2024 to focus on near-term profits, slowing down – and at times reversing – climate commitments in a shift that …

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