Norway’s oil fund to back Iberdrola’s gigawatt-scale Spanish renewables portfolio
Norway’s oil fund to back Iberdrola’s gigawatt-scale Spanish renewables portfolio | Windpower Monthly
Norway’s oil fund to back Iberdrola’s gigawatt-scale Spanish renewables portfolio
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Related Knowledge Center: ENERGY BASICS: renewables
Renewable energy sources — once the fuel of the future, then practical in specific, narrow applications — are increasingly economic mainstream sources of power generation. Hydropower was long the mainstay of U.S. renewable electricity generation, although wind power surpassed hydro for the first time in 2019, and solar continues its rapid growth. The continued growth of wind and solar, with their fluctuations, is tied in part to improvements in storage technology: batteries.