The project will also support the development of renewable energy through the installation of the nation’s first large-scale solar photovoltaic (PV) 10 megawatt (MW) power plant outside the Central Energy System.
The ten percent figure is encouraging, but the peak this time of year is somewhat expected.
Wind and solar together accounted for almost 9% of total generation in March 2016 and for 7% in 2016 overall.
Much of this will be due to “unstoppable” renewable energy sources undercutting the majority of existing fossil fuel power stations, with the cost of solar dropping 66% by 2040, and onshore wind by 47%.
This year’s milestone shows that renewables are becoming a major source of electricity in the US and can no longer be considered “alternative” energy, said Christopher Clack, CEO of the power grid modeling firm Vibrant Clean Energy and a former National Oceanic and Atmospheric Administration researcher.
This comes after a report released by BP last week showed that global coal consumption fell for a second successive year in 2016, bringing its share of primary energy production to 28.1% – the lowest recorded since 2004. The agency expects wind and solar will represent a similar amount in their April report as well before decreasing a bit during the summer and increasing again in autumn. As per Dr Sanjay Tiwari, Coordinator Renewable Energy Technology & Management (RETM), this undergraduate B Voc course is entirely different from all other UG programme running in India as it gives flexibility to the students by means of pre-defined entry and multiple exit points.
With the world facing an energy crisis and the effects of climate change looming large, renewable energy studies and applications are set to play an extremely important role.
The project will finance efforts to upgrade and expand the capacity of power distribution infrastructure in the Baganuur-Southeast and the Erdenet-Bulgan distribution network – which provide electricity to nine of Mongolia’s 21 provinces.
Renewables are taking off in the rest of the world as well.