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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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This year’s outlook is the first to highlight the significant impact that falling battery costs will have on the electricity mix over the coming decades. BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s.

Wind 220
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EIA: natural gas-fired reciprocating engines are being deployed more to balance renewables

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Source: US Energy Information Administration, Preliminary Monthly Electric Generator Inventory, January 2019. Other includes landfill gas, biomass, and other gas. Based on data in EIA’s Preliminary Monthly Electric Generator Inventory, reciprocating engines accounted for 1% of the total natural gas-fired power fleet.

Gas 348
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EIA: US electricity generation from coal and natural gas both increased with summer heat

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In August 2012, coal produced 39% of US electricity, up from a low of 32% in April 2012, when the natural gas share of generation equaled that of coal. The August coal share of generation is still notably lower than the 50% annual average over the 1990-2010 period. Data for 2011 and 2012 are preliminary. Source: EIA.

Coal 236
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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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World energy consumption by fuel type, 2010-2040. 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. Source: IEO2013.

2010 317
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Toyota Georgetown to generate electricity from landfill gas; 1MW/h initially, scaling up to 10 MW/h

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manufacturing plant will begin generating electricity—1 megawatt per hour—from methane, a byproduct of trash decomposition at the nearby Central Kentucky Landfill on 23 November, 2015. Alternative energy sources such as wind, solar, and locally produced renewable energy also will be required to achieve the goal.

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EIA: US energy-related CO2 fell by 2.8% in 2019, slightly below 2017 levels

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The increase in 2018 was largely caused by increased energy use as a result of weather and was the largest increase in CO 2 emissions since 2010, when the US economy was recovering from an economic recession. Nearly all of the change in CO 2 emissions in 2019 arose in the electric power sector.

2019 273
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Dominion Energy sets new goal of net zero emissions by 2050 for both power generation, natural gas operations

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Dominion Energy announced a significant expansion of the company's greenhouse gas emissions-reduction goals, establishing a new commitment to achieve net zero emissions by 2050. The goal covers carbon dioxide and methane emissions, the dominant greenhouse gases, from both electricity generation and gas infrastructure operations.

Emissions 207