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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. thousand in 2017.

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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). In 2014, 3.9

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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 NEO 2018 sees $11.5

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Harvard team finds large-scale US wind power would cause warming that would take roughly a century to offset

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All large-scale energy systems have environmental impacts, and the ability to compare the impacts of renewable energy sources is an important step in planning a future without coal or gas power. Wind beats coal by any environmental measure, but that doesn’t mean that its impacts are negligible. Source: Miller and Keith (2018a).

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IEA: global energy demand rose by 2.3% in 2018, fastest pace in the last decade; CO2 emissions up 1.7%

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Solar and wind generation grew at double-digit pace, with solar alone increasing by 31%. Still, that was not fast enough to meet higher electricity demand around the world that also drove up coal use. Coal use in power generation alone surpassed 10 Gt, accounting for a third of the total increase. Oil demand grew 1.3%

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EIA: US energy-related CO2 dropped 2.7% in 2015; of end-use sectors, only transportation increased

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from 5,405 MMmt in 2014. Specific circumstances, such as the very warm fourth quarter of 2015 and relatively low natural gas prices, put downward pressure on emissions as natural gas was substituted for coal in electricity generation. from 2014 levels. between 2014 and 2015. Electricity.

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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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The collapse in world oil prices in the second half of 2014 will have only a moderate impact on the fast-developing low-carbon transition in the world electricity system, according to research firm Bloomberg New Energy Finance. However, the slump in the Brent crude price per barrel from $112.36 on 30 June to $61.60