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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

During the COP28 climate conference held in Dubai last month, world leaders from over 130 national governments agreed to set a goal to triple world renewable energy installations by 2030. Global solar PV prices declined by nearly 50 percent year over year in 2023, and the IEA expects cost reductions and accelerated deployment to continue.

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Rhodium Group estimates US GHG fell 2.1% in 2019, driven by coal decline

Green Car Congress

This decline was due almost entirely to a drop in coal consumption. Coal-fired power generation fell by a record 18% year-on-year to its lowest level since 1975. An increase in natural gas generation offset some of the climate gains from this coal decline, but overall power sector emissions still decreased by almost 10%.

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In a ‘monumental shift’, EU coal and gas collapse as wind and solar ascend

Baua Electric

Photo: Hornsea Project Europe’s coal electricity generation tanked by 26% and gas by 15% in 2023, according to a new report from energy think tank Ember. Wind and solar power are now taking center stage. Solar covered 9% of the EU’s electricity needs. Coal and gas are on their way out, and renewables are stepping up.

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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.

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Bloomberg NEF forecasts falling battery prices enabling surge in wind and solar to 50% of global generation by 2050

Green Car Congress

BNEF predicts that lithium-ion battery prices, already down by nearly 80% per megawatt-hour since 2010, will continue to tumble as electric vehicle manufacturing builds up through the 2020s. The result will be renewables eating up more and more of the existing market for coal, gas and nuclear. NEO 2018 sees $11.5

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IEA: global CO2 emissions rebounded to their highest level in history in 2021; largely driven by China

Green Car Congress

billion tonnes, their highest ever level, as the world economy rebounded strongly from the COVID-19 crisis and relied heavily on coal to power that growth, according to new IEA analysis. Coal accounted for over 40% of the overall growth in global CO 2 emissions in 2021, reaching an all-time high of 15.3 billion tonnes.

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India’s Report Card Against Short List Of Climate Actions Is Better Than Most Realize

CleanTechnica EVs

For several years I’ve been iterating The Short List of Climate Actions That Will Work. The work of organizations like Mark Z. Jacobson’s Stanford team around energy and Carbon Drawdown’s around everything are excellent in different ways, but also indigestible to most people. The short list really is that. It’s.

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