OREGON’S JOB GROWTH SLOWS TO 5100 IN SEPTEMBER – kqennewsradio.com
OREGON’S JOB GROWTH SLOWS TO 5100 IN SEPTEMBER kqennewsradio.com
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Tag: Growth
Reduced Cost for Renewables Supports Sector Growth
The post Reduced Cost for Renewables Supports Sector Growth appeared first on POWER Magazine.
A new report from the International Renewable Energy Agency (IRENA) shows costs for renewable power are increasingly cheaper than those for generation from coal, reinforcing the trend of increased investment in solar and wind power and away from fossil fuel-powered electricity production.
The IRENA report—Renewable Power Generation Costs in 2019—showed that more than half of the new renewable energy generation capacity added worldwide last year operated at a lower cost than even the least-expensive new coal-fired power plants. Its findings echoed the sentiments of several U.S. renewable energy advocates who participated in an online panel discussion Tuesday organized by the American Wind Energy Association (AWEA) and attended by POWER.
The report, released June 2, said recent power auction results show the trend of cheaper solar photovoltaic (PV) and onshore wind power is accelerating, putting more economic pressure on coal plants, and “reinforcing the case to phase-out coal entirely.”…
Shortage of workers continues to affect job growth in Minnesota – Star Tribune
Shortage of workers continues to affect job growth in Minnesota Star Tribune
The state added 1100 jobs in August, with unemployment rate falling to 3.3% in August, officials said.
Growth in Renewables Continues Despite Drop in UK Power Generation
Renewable energy sources increased their share of the UK’s electricity supply in 2018, with new wind farms and biomass plants helping renewables contribute a record 33% of the country’s power in the past year. Coal-fired units, meanwhile, saw a 25% drop in their output, with coal providing about 5% of the country’s total generation.
The UK has said it wants to phase out all coal generation by 2025.
An analysis by Carbon Brief, a UK-based climate science and energy policy group that advises the government, in a report released Jan. 3 noted that the amount of electricity produced in the UK last year was at its lowest level since 1994, despite sustained population growth during the period, including an increase of 6 million people since 2005. Analysts said the reduced need for power is due to increasingly efficient use of energy and the country’s changing economy.
Carbon Brief’s report noted 335 TWh were generated by UK power plants last year, a drop of about 1% from 2017.…