A growing number of companies want utilities to provide access to long-term, fixed price renewable energy. Utilities that deliver are able to retain large customers, attract new ones and drive economic growth.
A rare solar eclipse earlier this month threatened electricity blackouts in renewable energy-heavy Europe. When operators kept the lights on, they proved that the grid is ready for a clean energy future.
India's railways are the country's largest consumer of electricity and diesel fuel. A plan to deploy one gigawatt of solar photovoltaic installations on railways could reduce the sector's environmental impact while generating economic opportunities.
As world leaders deal with climate change, aim to lift more people out of poverty, and make the world a more sustainable, prosperous place in 2015, here are the top Stories to Watch, according to WRI’s experts and as presented by WRI President and CEO Andrew Steer on January 8.
Last month India pledged to increase national solar generation capacity to 100 gigawatts (GW) by 2022, but connecting solar projects to the country’s grid has been difficult in the past and could limit progress toward the new goal. Fortunately, an innovative decision by the Indian state of Karnataka may show how to solve the problem.
Setting prices that reflect these side effects—through taxes, licensing, or cap-and-trade systems—could reduce deaths from fossil fuel-related air pollution by 63 percent, decrease global carbon dioxide emissions by 23 percent, and generate revenues totaling about 2.6 percent of global GDP.