October 13 Green Energy News – Green Energy Times

Headline News:

“Solar Project Brings Middlebury College Closer To 100% Renewable Energy Goal” • Senator Patrick Leahy joined leaders from Middlebury College, Encore Renewable Energy, Green Mountain Power, the state of Vermont, and Middlebury to break ground on a 5-MW solar project to provide 30% of the electricity the College needs. [Renewable Energy Magazine]

Groundbreaking (Courtesy of Middlebury College)

“In The US, 18 Weather And Climate Disasters This Year Have Killed Over 500 People And Cost Over $100 Billion” • Weather and climate disasters have taken 538 lives so far this year and cost over $100 billion, according to NOAA. The US averaged seven billion dollar disasters from 1980-2020, but during the last five years, that average number has risen to 16. [CNN]
“New Report: Private Sector Investment In US Offshore Wind Will Soar To $109 Billion By 2030” • New peer-reviewed projections show investment by the US offshore wind industry will total $109 billion within 10 years. That figure represents a 40% increase from an earlier estimate that was calculated just two years ago. [CleanTechnica]
“US Moving Towards 30% Electricity From Wind And Solar” • A report from the Institute for Energy Economics and Financial Analysis predicts that cheap energy from windpower and solar PVs will push coal and gas out of the energy market space. The report predicts that wind and solar will supply almost 30% of US electricity demand by 2026. [CleanTechnica]
“California Can Cut Electricity Costs By Almost A Fifth If It Achieves 100% Renewables By 2040” • California can cut its cost of electricity generation by almost a fifth (17%), compared to 2020 levels, by accelerating the pace of renewable energy deployment to reach its 100% Renewable Portfolio Standard by 2040, a study by Wärtsilä says. [Renewable Energy Magazine]