Renewable Energy Trends Of 2019
There are many exciting developments in the latest predictions of the top renewable energy trends of 2019!The adoption of renewable energy is proceeding at least as rapidly as was hoped globally.
Experts at Bloomberg New Energy Finance say that renewable energy is now at the point where it can equally compete with fossil fuels.
That’s really good news for decarbonising the globe, but within that overall picture there’s a great deal more of interest by diving into each renewable energy technology.
Read our article to find out more about solar panel advances, the trend in wind-farm reliability up-sizing, plus Microgrid AI implementation.
And, finally, the latest trend for communities and companies to pledge just how deeply they intend to go into renewable energy use.
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6 Renewable Energy Trends To Watch In 2019
2019 promises to be an exciting year for clean tech. An increasing number of countries, companies and regions are embracing sustainable energy generation and the landscape is rapidly evolving.Renewable energy is booming in China. via TrendsWatch 2019
Australian Renewables On Track For 78% By 2030 On Current Trends
Specifically, according to Green Energy Markets, if Australia maintains its current record rate of both rooftop solar installations, as well as wind and solar farm construction commitments that have prevailed since 2017, then renewable energy would account for 78% of electricity supply across Australia’s west and east coast main grids by 2030 — up from their current contribution of 22.5% in October.
October saw the Australian solar industry install another 150 megawatts (MW) of residential and business solar, a new record, 76% higher than the monthly average of 2017, which itself was a record year for installations.
So far this year, rooftop solar installations have reached 1,243 MW for the year so far. Meanwhile, a total of 412 MW worth of large-scale wind and solar projects committed to construction in October, bringing the year-to-date total commitments up over 3,200 MW. via CleanTechnica
Projecting 2018 Trends and Macroeconomic Conditions: What to Expect for Renewable Energy Projects in 2019
Renewable energy projects were marked by distinctive trends and characteristics in 2018:
a frothy.
A market driven by a crush of liquidity and a shortage of project supply
a highly competitive environment among investors and lenders for an inadequate supply of projects.
a highly competitive environment among investors and lenders for an inadequate supply of projects.
They also predict continued focus on alternative off-take structures with shorter tenors, such as corporate PPAs and energy derivatives, and unconventional credit, such as community customers.
Shoots of energy storage solutions sprouting from the ground as stand-alone facilities and add-on’s are likely for wind and solar projects. via 2018 Trends
Top Trends To Watch In Renewable Energy In 2019
This year has seen several major policy changes in renewable energy, especially in solar.China surprised everyone in June by announcing that it would not issue approvals for any new solar power installations in 2018 and would also cut the feed-in tariff subsidy.
In February, the U.S. imposed tariffs on imported solar cells and modules, creating uncertainty in the U.S. solar market.
The solar market globally is set to adapt to those industry disruptions next year. Together with continued declines in solar and wind costs, 2019 could be a brighter year for the U.S. solar and renewable energy markets, analysts and industry professionals say. via OilPrice.com
The solar market globally is set to adapt to those industry disruptions next year. Together with continued declines in solar and wind costs, 2019 could be a brighter year for the U.S. solar and renewable energy markets, analysts and industry professionals say. via OilPrice.com
Big Data Analytics, Machine Learning and AI in the Renewable Energy Sector
Analytics, Machine Learning, and artificial intelligence (AI) are used to interpret the past, optimize the present and predict the future.
The energy sector heavily depends on optimization and predictions for energy production, energy grid balancing, and consumption habits.
Additionally, the energy industry produces massive amounts of data. To turn this data into insights to improve productivity and cut costs, major energy players are turning to AI. via AI Trends
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