Skip to main content

EGEB

See All Stories

EGEB = Electrek Green Energy Brief: A daily technical, financial, and political roundup/analysis of news about green energy, such as wind, solar, sustainable technology, and electric vehicles.

The US wind industry’s 5-year outlook is now a total roller-coaster

US wind 5-year outlook

The US wind industry installed just 5.2 gigawatts (GW) in 2024 – the lowest level in a decade, according to Wood Mackenzie’s new US Wind Energy Monitor report. Installations are expected to rebound in 2025, but the real concern lies in US wind’s sharply downgraded 5-year outlook. As for the reason behind that bleak forecast, we’ll give you one guess as to why, and it starts with a T.

Expand Expanding Close

EVs power up, oil demand growth slows: 2024’s rapid global energy shift – IEA

Rivian lay off

Global energy demand spiked in 2024, driven largely by surging electricity use, according to a new report released today by the International Energy Agency (IEA). Electricity consumption jumped by nearly 1,100 terawatt-hours – a hefty 4.3% increase – nearly twice the annual average growth of the past decade.

This dramatic rise was largely fueled by the electrification of transportation, record-breaking global temperatures that ramped up cooling needs, coupled with increased industrial activity, and growing energy demand from data centers and AI applications.

Expand Expanding Close

FERC: Solar + wind set for a strong 3-year run despite Trump’s sabotage

FERC solar wind

By February 1, 2028, renewables would account for 37.4% of total available installed utility-scale generating capacity – just behind natural gas (40.2%) – with solar and wind making up more than 75% of the installed renewable energy capacity, according to data just released by the Federal Energy Regulatory Commission (FERC).

Expand Expanding Close

Solar in 2025: Here’s what’s keeping the industry up at night

home solar storage prices

The solar industry is bracing for a turbulent year, and SolarReviews’ newly released 2025 Solar Industry Survey lays out exactly why. The survey, now in its third year, gathered insights from solar companies across the industry between December 2, 2024, and January 3, 2025, covering everything from the Inflation Reduction Act to workforce development and the state of the supply chain.

Expand Expanding Close

Offshore wind roars back in 2025 with 19 GW of additions and China in the lead

GE Vernova Nantucket offshore wind 2025

Global offshore wind is gearing up for a comeback in 2025, with new capacity additions expected to hit 19 gigawatts (GW) and spending projected to soar to $80 billion, according to Oslo-based independent energy research firm Rystad Energy. That’s a big rebound after a sluggish end to 2024 when new installations dropped to around 8 GW – 2 GW lower than in 2023.

Expand Expanding Close