Weekend Reads: - Smart Energy Decisions

November 20, 2021

Weekend Reads: Ranking US Cities By EV Charging; The Problem With Fashion's Climate Goals

It's the weekend! Kick back and catch up with these must-read articles from around the web.

Global Energy Storage Market Set to Hit One Terawatt-Hour by 2030 (BloombergNEF) Energy storage installations[1] around the world will reach a cumulative 358 gigawatts/1,028 gigawatt-hours by the end of 2030, more than twenty times larger than the 17 gigawatts/34 gigawatt-hours online at the end of 2020, according to the latest forecast from research company BloombergNEF (BNEF). This boom in stationary energy storage will require more than $262 billion of investment, BNEF estimates. BloombergNEF’s 2021 Global Energy Storage Outlook estimates that 345 gigawatts/999 gigawatt-hours of new energy storage capacity will be added globally between 2021 and 2030, which is more than Japan’s entire power generation capacity in 2020.

It’s Time to Be Honest About Fossil Fuels’ Role in Energy Transition (Foreign Policy) The global energy crisis has hit U.S. shores: Fuel prices are rising, and a global supply shortage of natural gas is driving up the cost of heat and electricity as winter approaches. The Biden administration, worried that rising energy prices could cost votes and kneecap its ability to implement policies, has begged OPEC to pump more oil and Russia to step up gas supplies to Europe. At the same time, the Republicans have no useful energy policy alternative on offer. The United States needs a fundamentally new energy policy that will deliver reliable energy supplies at affordable prices with low impact on the environment and climate.

Best and worst counties for EV charging in the US (Electrek) Previously, we’ve covered a number of different data studies about the best states to charge your EV1 and how far you can drive in each state on $100. Now, we’d like to get more granular than that and offer you an interactive map developed by HERE Technologies. Below you’ll find the best and worst US counties for EV charging. Scroll down to see how your county is doing so far. The data used in the map and subsequent tables below was gathered and compiled by HERE Technologies, an international location data company and technology platform. In addition to partnering with EV companies like Arrival, HERE Technologies has provided real-time data for Microsoft, AWS, and Lyft.

Fashion's climate goals have a funding problem (Vogue Business) The fashion industry cannot meet its COP26 climate commitments, nor can brands meet their individual goals to decarbonise, if they don’t address the major lack of funding needed to overhaul the supply chain, experts say. The industry is at least $1 trillion short of the total investment needed to decarbonise the industry by 2050, according to a Fashion for Good and Apparel Impact Institute report to be released next week and seen by Vogue Business. While brands are not responsible for putting up all or even most of that money, the report argues, they should be offering up some of it, and have a significant role to play in unlocking much of the rest of it. Yet brands are not doing enough of either, according to the authors.

5 Innovative Green Solutions Presented at COP26 (NASDAQ) If the world seeks to prevent the climate crisis from worsening in the next few decades, we need not only a joint global effort, but also many innovative solutions. Along with the statements from various world leaders and the many discussions and panels, the UN Climate Change Conference (COP26) in Glasgow also presented a diverse collection of solutions in the field of renewable energy and green technology programs. Let's take a look at five particularly intriguing innovations.

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