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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. The findings suggest that developing nations are moving toward cleaner power but not nearly fast enough to limit global CO 2 emissions. thousand terawatt-hours in 2018, up from 6.4

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Breaking: US, other G7 countries to phase out coal by early 2030s

Baua Electric

In a historic agreement, the G7 just agreed to phase out coal in the first half of the 2030s, according to statements made today. The US is in line with the G7 average (16%), while the other G7 members have mostly already phased out coal: France (0.4%), the UK (1.4%), Canada (5%), and Italy (5.3%).

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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

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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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According to a report from the US Energy Information Administration (EIA), US energy-related CO 2 emissions decreased by 146 million metric tons (MMmt) in 2015 to 5,259 MMmt, down 2.7% Energy-related CO 2 emissions in 2015 were about 12% below 2005 levels. —“US Energy-Related Carbon Dioxide Emissions, 2015”. Electricity.

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BNEF: wind and solar boost cost-competitiveness versus fossil fuels

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The levelized cost of electricity analysis for H2 2015 shows onshore wind to be fully competitive against gas and coal in some parts of the world, while solar is closing the gap. Our report shows wind and solar power continuing to get cheaper in 2015, helped by cheaper technology but also by lower finance costs.

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Proposed process for low-emissions coal-to-liquids

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The EMS (Earth and Mineral Science) Energy Institute at Penn State has developed a conceptual novel process configuration for producing clean middle-distillate fuels from coal with some algal input with minimal emissions. Principal inputs are coal, water, non-carbon electricity, and make-up solvent. Schobert (2015) Click to enlarge.

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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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Power sector spending is on course to decrease by 10% in 2020, with worrying signals for the development of more secure and sustainable power systems. These networks have to be resilient and smart to ward against future shocks but also to accommodate rising shares of wind and solar power. —Dr Birol. —Dr Birol.

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