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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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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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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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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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4 companies jointly propose $8B green energy initiative for LA area; Wyoming wind, Utah storage, transmission

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Four companies—Pathfinder Renewable Wind Energy, Magnum Energy, Dresser-Rand and Duke-American Transmission—have proposed a first-in-the-US, $8-billion green energy initiative that would bring large amounts of clean electricity to the Los Angeles area by 2023. million megawatt-hours per year vs. 3.9 million megawatt-hours.

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DOE: US average EV CO2e/year is 4,815 lbs, vs. 11,435 lbs for average gasoline car

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Annual well-to-wheel emissions from a typical ev by state, 2015. of the electricity sources in the state while cleaner sources such as nuclear, hydro, biomass, wind, and solar make up the rest. from coal, making it the state with the most well-to-wheel CO 2 -equivalent emissions. Source: DOE. Click to enlarge.

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EU greenhouse gas emissions from transport increased for the second year in a row in 2015; on-road up 1.6%

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in 2015—the first annual increase since 2010— according to new European Environment Agency (EEA) data. Road transport emissions—about 20% of total EU greenhouse gas emissions—increased for the second year in a row in 2015, by 1.6%. g CO 2 /km, well below the 2015 target of 130 g CO 2 /km. Source: EEA.

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