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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

Asia 52
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Heating Buildings With Solar Energy Stored in Sand

Cars That Think

As we try to objectively study nature, we are often reminded of how natural forces affect us personally. When we turn up the heat in our homes and workplaces, we must balance our personal need for warmth with the global impact of burning fossil fuels like oil, gas, coal, and biomass.

Store 88
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Ninth annual Green Innovation Index finds California light-duty vehicle emissions spike; major challenge to 2030 climate goals

Green Car Congress

Between 2006 and 2015, California’s GDP per capita grew by almost $5,000 per person, nearly double the growth experienced by the US as a whole. As gasoline prices fell starting in late 2014, motorists logged an additional 2.7 At the same time, per capita emissions in the state decreased by 12%. in emissions from on-road vehicles.

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IEA World Energy Outlook view on the transport sector to 2035; passenger car fleet doubling to almost 1.7B units, driving oil demand up to 99 mb/d; reconfirming the end of cheap oil

Green Car Congress

But the average oil price remains high, approaching $120/barrel (in year-2010 dollars) in 2035. If, between 2011 and 2015, investment in the MENA region runs one-third lower than the $100 billion per year required, consumers could face a near-term rise in the oil price to $150/barrel. Click to enlarge. Electric vehicles.

Oil 247
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Europe/US team: transitioning to a low-carbon world will create new rivalries, winners and losers

Green Car Congress

For example, rich countries such as Germany can throw billions of dollars at their coal sector to ease their transition pain, offering generous financial aid to lignite-producing regions. Petro-states are compensated to transition smoothly to a sustainable economy, avoiding a last-ditch attempt to flood the world with cheap oil and gas.

Carbon 207
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Report from the REFF-Wall Street; Themes in Renewable Energy Finance

Green Car Congress

Biofuel projects are going to have trouble getting financing from Wall Street this year because all of them have questions about the long term pricing of petroleum; most of them have concerns about the pricing stability of their feedstocks; and many of the cellulosic projects have concerns about the conversion technologies.

Financing 150
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Dodge Circuit EV First Drive: electric car makes grand promises on Earth Day

Tony Karrer Delicious EVdriven

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