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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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Norwegian startup Blastr plans €4B green steel plant in Finland

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Fortum has developed the Joddböle area since the dismantling of its Inkoo coal-fired power plant there in 2017-2020. Green steel will be a critical raw material for developing renewable energy infrastructure, such as wind turbines, as well as in segments such as construction, the automotive industry, and consumer goods. tonnes of CO₂.

Finland 437
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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

Wind 220
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BP Statistical Review finds global oil share down for 12th year in a row, coal share up to highest level since 1969; renewables at 2%

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in 2011, close to the historical average. Coal’s market share of 30.3% in 2011, broadly in line with the historical average but well below the 5.1% Coal was again the fastest growing fossil fuel with predictable consequences for carbon emissions; it now accounts for 30.3% World primary energy consumption grew by 2.5%

Coal 261
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$3.8 Trillion FY 2011 US Budget Proposal Boosts Department of Energy Spending

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trillion FY 2011 Budget to the US Congress. The President’s 2011 Budget provides $28.354 billion for the Department of Energy (DOE) in discretionary budget authority—an 8.9% billion in tax subsidies for oil, coal and gas industries. 123 million for wind energy. 2010 est. 2011 prop. Wind energy.

2011 231
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Global CO2 emissions up 3% in 2011; per capita CO2 emissions in China reach EU levels

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At 3%, the 2011 increase in global CO 2 emissions is above the past decade’s average annual increase of 2.7%. combined, where emissions increased by 9% and 6% respectively in 2011. According to the report, the top emitters contributing to the global 34 billion tonnes of CO 2 in 2011 are: China (29%). the United States (16%).

2011 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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With prices expected to increase in the long term, however, the world oil price in real 2011 dollars reaches $106 per barrel in 2020 and $163 per barrel in 2040, according to IEO2013. Almost 80% of the projected increase in renewable electricity generation is fueled by hydropower and wind power. trillion kilowatthours in 2010 to 5.5

2010 317