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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%). Get started here. –

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Nevada put big battery energy storage where a coal plant used to be

Baua Electric

Nevada utility NV Energy’s largest battery energy storage system sits on a former coal-fired power plant site and will save customers a lot of money. The new BESS is on the site of the former 557-megawatt (MW) coal-fired Reid Gardner Generating Station, which was demolished in 2019. ad* FTC: We use income earning auto affiliate links.

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New England to become the second coal-free region in the US

Baua Electric

Photo: PSNH/Flickr Both of New Hampshire’s coal plants are shutting, making New England the second coal-free region in the US. The Bow, New Hampshire-based power station has committed to retiring the coal-burning units at Merrimack and Schiller Stations in New Hampshire, by 2028 and 2025, respectively. Get started here. –ad*

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US renewables’ installed generating capacity beats coal

Baua Electric

Photo by Los Muertos Crew on Pexels.com Solar capacity additions hit the ground running in 2024, pushing renewables’ installed generating capacity past coal, according to new US Federal Energy Regulatory Commission (FERC) data. That’s more than the installed capacity of coal (207.15 ad* FTC: We use income earning auto affiliate links.

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Australian thermal coal mine aims for Q4 restart on supply deal – ET Auto

Baua Electric

Surging prices for coal last year have led to some new coal mines ramping up after the war in Ukraine exacerbated a supply shortage brought on by growing reluctance from climate conscious investors to funding new fossil fuel projects. In March it had said it expected to restart in the second half of 2023.

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Utility solar dethrones coal as the cheapest power source in Asia

Baua Electric

Photo: China News Service Renewable energy costs in Asia last year were 13% cheaper than coal and are expected to be 32% cheaper by 2030, according to a new study. This is significant because it marks a shift toward making renewables increasingly competitive with coal, a mainstay in APAC’s energy mix.

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Tesla Megapack battery turns on to replace Hawaii’s last coal plant

Baua Electric

A Tesla Megapack battery system has officially turned on to replace Hawaii’s very last coal power plant. In early 2022, we reported that Tesla is deploying Megapacks at a new energy storage project that will replace Hawaii’s last remaining coal plant. FTC: We use income earning auto affiliate links. Get started here.

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