Berlin skyline - Bigstock

Renewable Energy Accounted For 44% Of Germany’s Production In October

Renewable energy accounted for a record 44.1% of Germany’s electricity production in the month of October, according to Germany Trade And Invest. The record is partly attributable to winter storms Xavier And Herwart. Wind turbines contributed the bulk of that power, at 82.1 TWh, biomass contributed 40.1 TWh, solar systems contributed 37.5 TWh, and hydroelectric power…

Peer to Peer Energy Markets: The Wave of the Future

We are currently seeing a change in how we produce and sell energy thanks to the emergence of digitization and renewable energy, helping to empower communities and democratize power. The most significant challenges facing this brave new world within the renewable energy space is intermittency. The sun does not shine 24 hours a day, seven…

petroleum refinery

It’s Happening Again: Russian, Saudi Arabian Oil Ouput To Be Frozen

Back in 2008, I witnessed the end of cheap oil as we know it — Oil prices surged to $147/barrel in November. That was when talk about alternative energy sources really took off. Oil demand plummeted, causing crude prices to fall from $147/barrel to $33.87/barrel between the months of November and December 2008. Petroleum prices…

Renewable Energy May Not Cause A Utility ‘Death Spiral’ After All

Originally published on Cleantechnica By Nicholas Brown. Last year, the Edison Electric Institute predicted that the widespread adoption of renewable energy (especially on-site electricity generation) is going to destroy the traditional utility business model that power companies have been using for all these years. New research says: not so much. People do not want to have…