New Energy

It was a banner year for money spent on solar and wind projects, EVs and more in 2022. The way things are going, that level of investment will quickly be eclipsed. 

Generous US aid and China’s expansion are threatening Germany’s role as a top manufacturer.

Building the infrastructure the US needs to decarbonize is daunting. Luckily, many of yesterday’s coal plant sites are ripe for reuse. 

Rising interest rates, competition from oil companies, and demand for ever-lower priced renewable electricity are putting wind-power champions in a bind.

Battery prices rose 7% in 2022 and will remain elevated. But overall, there are more positive than negative forces acting on the fast-growing industry. 

Shortages of raw materials from lithium to copper are hampering a multi-billion dollar bid to circumvent China’s hold on the supply chain. 

Silicon and lithium prices, venture capital’s appetite for funding climate tech and other factors will set the pace of the clean energy transition this year. 

The past year saw unprecedented energy shocks with Russia’s invasion of Ukraine, even as the world got closer to peak fossil fuel consumption. 

Philippines mulls reviving nuclear plant to ease energy crunch

Construction to link Long Island with turbines 35 miles off its coast is a long-awaited milestone for the industry and clean energy.