Threefold Surge In The US Renewable Energy Expected By 2032
Although the renewable energy sector stands at 16% as of 2022, it is estimated that by 2032 45% of the US power generation will come from renewable sources.
Hydrogen Hubs In The US Taking Shape With $7bn In Grants
A total of 7 projects have been finalised by US Department of Energy for a $7 billion project that will be dedicated towards the advancement of hydrogen fuel.
$3.5bn From The US To Boost Power Grid, Deploy Clean Energy
To protect the ageing power grids and at the same time enhance the connectivity of the existing transmission systems, the US government has granted $3.5bn aid.
2030 Renewable Targets of Europe Getting A Steep Challenge
As per the report the rise in the capex cost as well as the permitting delays can further challenge the goal of Europe of committing to renewables by 2030.
EU States To Secure Consumers From Electricity Price Shifts
The contracts for difference- CfD is all set to add balance when it comes to consumer prices and also give the new generation investors a sense of positivity.
