The window to reach the U.S’s net zero goals is getting increasingly narrower, even with the hefty investments and ambitious goals set by the Biden administration. Investments in renewable energy and carbon sequestration projects have exponentially increased in the last few years.The state of New York, for example, saw a 2,100% expansion in the solar sector in the last decade.
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Wind power plays a central role for the U.S. in achieving its net zero targets in the next few years. Although the U.S. has seen considerable progress in wind generation capacity, it still trails behind Asia and Europe. A lot of these issues are due to a lack of funding and higher capital costs compared to Europe. Nevertheless, the Biden-Harris administration has prioritized wind power, particularly offshore wind, in America’s net zero strategy.
Key Wind Energy Statistics in the U.S.
A Pioneering Hybrid Event Series Empowering the Global Energy Economy
EnerKnol is excited to unveil the upcoming New York Energy Week 2023 (NYEW), the definitive event in the energy sector. Slated to run from June 20 to 22, 2023, this week-long convocation is the brainchild of industry professionals aimed at bringing together energy stakeholders from around the globe to navigate the future course of our worldwide energy economy.
The U.S.electricity grid is the backbone of the U.S.economy, as nearly every sector is dependent on a reliable and steady source of power. The power grid in the U.S. is an expansive network with over 9,200 power generating units, 600,000 power transmission lines and over 1 million MW of power generating capacity. Its reliability and power generation requires state-of-the-art technology and engineering.
However, many parts of the U.S.
Keep ReadingA Pioneering Hybrid Event Series Empowering the Global Energy Economy
EnerKnol is delighted to announce the forthcoming New York Energy Week 2023 (NYEW), a groundbreaking industry event slated for June 20-22, 2023. Designed “by the industry, for the industry,” NYEW invites energy stakeholders from across the globe to come together and shape the future of our global energy economy.
In the global race to reach net zero, the need for sustainable finance has never been more salient. Sustainable finance does not just encompass environmental sustainability, but also social and economic.
Keep ReadingA Pioneering Hybrid Event Series Empowering the Global Energy Economy
EnerKnol is delighted to unveil New York Energy Week 2023 (NYEW), the leading event for the energy sector, scheduled from June 20 to June 22, 2023. This innovative week-long series, created “by the industry, for the industry,” welcomes global energy stakeholders to unite in molding the future of the worldwide energy market.
EnerKnol is proud to present the preeminent energy industry event, New York Energy Week 2023 (NYEW), As reported by Yahoo Finance,NYEW will taking place from June 20 to June 22, 2023.
This groundbreaking week-long event series is designed “by the industry, for the industry,” and offers both physical and virtual locations to ensure energy professionals can engage, collaborate, and network, regardless of their geographical location.
According to the latest figures from the Intergovernmental Panel on Climate Change (IPCC), the world needs to slash greenhouse gas emissions by 60% by 2035, compared to 2019. This is to limit global rise in temperatures to 1.5 degree Celsius, based on the Paris agreement. However, based on a recent report, the Annual Energy Outlook 2023 from the EIA (Energy Information Administration), shows the U.S. still has a long way to go.
Progress on U.S.
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Blockchain technology has completely transformed the world of business and digital finance in recent years. With improved efficiency and safety of transactions, blockchain technology also has great potential in improving the security of power grids. The Department of Energy (DoE)’s Oak Ridge National Lab (ORNL) is studying the use of blockchain technology to prevent cyberattacks on power grids.
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