RENEWABLES 2018 GLOBAL STATUS REPORT

whitePaper | January 17, 2023

In the United States, commercial-scale offshore wind energy deployment is at an early stage with only 42 megawatts (MW) generating power; however, the domestic industry is poised for an exponential increase in new installations after the first large commercial projects advanced to the construction phase in 2021–2022. Over the past 20 years, offshore wind energy got a head start outside the United States with the help of coordinated European offshore wind energy incentives.

whitePaper | January 11, 2023

State and federal clean energy policies are driving an historic transition of the existing electric generating fleet in New York, including a dramatic increase in the development of clean energy projects. Mandates under the state’s Climate Leadership and Community Protection Act (CLCPA) require 70% renewable energy by 2030 and an emissions-free electric system by 2040. The Inflation Reduction Act, signed into law by President Biden in August 2022, makes $370 billion available in tax credits and incentives to speed the country’s transition to clean energy technology – the most aggressive climate related action ever taken by Congress.

whitePaper | January 12, 2023

Decarbonization coupled with the rise of renewables and government mandates have put pressure on utilities to diversify their energy sources. As federal investments in renewable infrastructure increase and the dynamics in energy market policies change, utilities are poised to incorporate distributed energy resources (DERs) onto their grids like never before. The combination of Federal Energy Regulatory Commission (FERC) orders 841 and 2222 and the Institute of Electrical and Electronic Engineers (IEEE) standards 1547 (2018) and 2030 (2011) stand as powerful enablers to create smart infrastructure to better balance and manage the grid of the future.

whitePaper | May 19, 2022

By 2050, global energy usage is projected to increase by almost 50% compared to 2020. This includes an increase in energy consumption in the industrial sector.1 At the time of writing, in the first quarter of 2022, the cost of energy – oil, gas and electricity – is particularly high, which has led to significant extra energy costs for companies, and prices are expected to increase.

whitePaper | November 9, 2022

Hydrogen is not just another fuel. Hydrogen is expected to serve as a primary industrial fuel in the 21st century, just as coal drove the 19th century and oil drove the 20th century. Decarbonised hydrogen produced by splitting water into hydrogen and oxygen using renewable electricity (‘green’ hydrogen) or other low-carbon variants that sequester carbon emissions – could be a gamechanger in strengthening energy security and powering the energy transition.

whitePaper | June 22, 2023

The key areas examined by the report include the latest data and analysis on renewable power capacity additions in 2022 globally and for major markets as well as forecasts for 2023 and 2024.