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bp Statistical Review shows 4.5% drop in primary energy consumption in 2020; mainly driven by oil

Green Car Congress

bp released the 70 th annual edition of the bp Statistical Review of World Energy ; the data collected in this year’s edition includes energy data for 2020. The Review captures the significant impact the global pandemic had on energy markets and how it may shape future global energy trends. million b/d).

2020 397
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Mercedes-Benz plans wind farm at Papenburg test track to cover more than 15% of Group’s electricity needs in Germany

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Mercedes-Benz plans to build a wind farm at its test track in Papenburg, northern Germany, with an output of more than 100 MW to cover up to more than 15% of the annual electricity demand of Mercedes-Benz Group AG in Germany. The targeted expansion of renewable energies at our own locations is an integral part of our sustainability strategy.

Wind 396
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The US saw record wind turbine capacity installation in 2020

Electrek

More wind power capacity was installed in the US than any other generating technology in both 2019 and 2020, according to the US Energy Information Administration ( EIA ). UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates.

Wind 132
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BNEF projects impact of COVID-19 on renewables, energy storage, EVs, etc.

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BloombergNEF has issued a research note highlighting some of the likely effects of the coronavirus COVID-19 outbreak over the next year on the transition to a clean economy: including renewable power, energy storage, electric vehicles, heating, cooling and the circular economy. Chart: BloombergNEF.

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BloombergNEF reports 11% year-on-year rise in renewable energy financing in the first half of 2022, for a total of $226B

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Global investment in renewable energy totaled $226 billion in the first half of 2022, setting a new record for the first six months of a year, according to Renewable Energy Investment Tracker 2H 2022, a new report published by research firm BloombergNEF (BNEF). Wind project financing was up 16% from 1H 2021, at $84 billion.

Financing 243
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EGEB: Wind and solar drove a record fall in coal in 2020…

Electrek

In today’s Electrek Green Energy Brief (EGEB): …except for in China, which saw a growth in coal – and emissions still rose. UnderstandSolar is a free service that links you to top-rated solar installers in your region for personalized solar estimates. Click here to learn more and get your quotes. — *ad.

Coal 95
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Study finds GWP of electrolyzed hydrogen to meet ORD’s fuel needs would be 2.5x that of fossil fuels with 2020 grid mix

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His analysis found that if electrolyzed hydrogen were to be produced using a 2020 US electrical grid mix, its use would be associated with approximately 2.5x If only incremental increases in renewable energy resources are introduced across the grid, electrolytic hydrogen will not become an environmentally sustainable solution.

Grid 290