Where are the world’s BILLIONAIRES investing?
Three of the richest people on the planet (Bill Gates, Jeff Bezos, Jack Ma) along with other investors are pouring billions into clean-tech energy ventures.
As retirements of existing coal plants continue and funding for gas-fired energy declines, breakthrough technologies that will power the next energy revolution are being built.
Investment in all sorts of energy technology is rapidly advancing and investors are devoting billions to further advancements.
Consider the following:
- Investment in coal and gas-fired power generation has experienced a second year of declines.
- Renewable energy will surpass coal-based energy by 2030.
- More money has been invested in energy transmission and storage technology in the last 5 years than was invested in the previous 30 years.
The current pattern is following the history of Governments requiring divestiture away from fossil fuels if followed by lots of investment in various technologies. This will identify the most promising followed by the largest institutional investments.
The future will certainly bring challenges and technology will attempt to offer solutions.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
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GE’s huge 12-megawatt wind turbine, welcome
Standing over 85 stories high (850 feet above the ground) and generating enough power to supply 15,000 homes; the world’s largest wind turbine is being installed by GE.
Designed for offshore (think a couple miles off the coast in the ocean) installation, this will be the first of its kind. GE is projecting that thousands will be installed within the next 5 years.
GE’s design and engineering prowess should be highlighted and applauded as they bring this machine to market. It has the ability to transform energy supply globally.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.popularmechanics.com/science/energy/a25956533/ge-largest-wind-turbine/
DOE EIA Weekly Gas Storage Report
Working gas in storage was 1,130 Bcf as of Friday, March 29, 2019, according to EIA estimates.
This represents a net increase of 23 Bcf from the previous week. Stocks were 228 Bcf less than last year at this time and 505 Bcf below the five-year average of 1,635 Bcf. At 1,130 Bcf, total working gas is within the five-year historical range.
Donald Trump Renews Campaign Against Wind Power With New, Baseless Claim
Realgy’s President, Michael Vrtis has been involved with wind power development since 1982. He was a Project Developer with Kenetech which was the largest wind developer in the US at the time.
To hear the US President make and exaggerate claims that were baseless over 40 years ago is alarming. His statements are based on either his lack of understanding or he seeks to sow seeds of distrust toward an industry and technology that is proven financeable and supported by some of the largest companies and governments in the world.
Wind energy is the fastest growing portion making up the world energy supply.
The US supports wind power development and misrepresentations about the technology will not change the facts.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information:
DOE Catalyzes Clean Energy Innovation in All 50 States
A proposal to cut the budget for the U.S. Department of Energy (DOE) has once again been made. Investments by the DOE have fueled advancements within the technological world including energy efficiency and renewable energy. Funds have led to less expensive and cleaner energy through various projects around the entire country. Many studies show that every dollar invested into research and development for clean energy will have a beneficial return. America’s energy innovation is necessary to continue leading the way towards cost efficient clean energy methods. Many groups are pushing towards a budget increase to maintain U.S. clean energy leadership. Congress will ultimately decide the outcome which leaves us to wonder if they’ll follow suit from the past 2 years.
Realgy Energy Services is a registered Retail Energy Marketer in the states of Illinois, Michigan, Indiana and Ohio. We offer Service Plans that will provide electric and natural gas at wholesale pricing direct to customers without any utility markup. Our Service Plans work with the local utility to provide seamless service and annual energy savings. Service Plans include Guaranteed SavingsTM, ManagedPriceTM, ManagedGreenTM Index, Fixed and PriceAssuranceTM.
Realgy owns and operates 7 solar plants in Illinois and is looking to invest in additional locations.
Additional Information: https://www.nrdc.org/experts/madhur-boloor/doe-catalyzes-clean-energy-innovation-all-50-states
Weekly Storage Report 3/28/2019
Working gas in storage was 1,107 Bcf as of Friday, March 22, 2019, according to EIA estimates.
This represents a net decrease of 36 Bcf from the previous week. Stocks were 285 Bcf less than last year at this time and 551 Bcf below the five-year average of 1,658 Bcf. At 1,107 Bcf, total working gas is within the five-year historical range