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BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

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New investment in wind, solar, and other clean energy projects in developing nations dropped sharply in 2018, largely due to a slowdown in China. This is due to wind and solar projects generating only when natural resources are available while oil, coal, and gas plants can potentially produce around the clock.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5

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US installs 6.2 GW of solar PV in 2014, up 30% over 2013

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Newly installed solar photovoltaic (PV) capacity in the US in 2014 reached a record 6,201 MW, growing 30% over 2013’s total, according to the new US Solar Market Insight 2014 Year in Review report released by GTM Research and the Solar Energy Industries Association (SEIA). The additions are dominated by wind (9.8 GW), natural gas (6.3

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Duke study finds China’s synthetic natural gas plants will have heavy environmental toll; 2x vehicle GHG if used for fuel

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Coal-powered synthetic natural gas (SNG) plants being planned in China would produce seven times more greenhouse gas emissions than conventional natural gas plants, and use up to 100 times the water as shale gas production, according to a new study by Duke University researchers published in the journal Nature Climate Change.

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EIA: world energy consumption to grow 56% 2010-2040, CO2 up 46%; use of liquid fuels in transportation up 38%

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The US Energy Information Administration’s (EIA’s) International Energy Outlook 2013 (IEO2013) projects that world energy consumption will grow by 56% between 2010 and 2040, from 524 quadrillion British thermal units (Btu) to 820 quadrillion Btu. World energy consumption by fuel type, 2010-2040. Source: IEO2013. Click to enlarge.

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BNEF: Oil price plunge to have only moderate impact on low-carbon electricity development, but likely to slow EV growth

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Wind and solar have been exhibiting very rapid growth, even as subsidies and support have in general become less generous, and that has been driven mainly by dramatic improvements to their cost-competitiveness, as well as by the removal of barriers such as grid bottlenecks. Oil at $60/barrel could mean a natural gas price as much as $0.90/MMBtu

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Mad Power thoughts

EV Info

Wind farms stand idle for days on end, a fire interrupts a vital cable from France, a combination of post-Covid economic recovery and Russia tightening supply means the gas price has shot through the roof – and so the market price of both home heating and electricity is rocketing. Energy Solutions.

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