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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. The post Renewables to overtake coal as largest global electricity source in 2025 appeared first on TESLARATI. What are your thoughts?

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics. This is particularly important for China, which has minimal natural gas capacity, a more flexible power source than slow-ramping coal plants.

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China’s battery storage capacity growth likely to slow in 2024 – ET Auto

Baua Electric

This is particularly important for China, which has minimal natural gas capacity, a more flexible power source than slow-ramping coal plants. CNESA forecast improvements in the economics of battery energy storage in China this year, without providing specifics.

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ExxonMobil projects 25% energy demand increase between 2014-2040, 50% decline in carbon intensity; hybrids to be 40% of new car sales

Green Car Congress

Global energy demand will increase 25% between 2014 and 2040, driven by population growth and economic expansion, ExxonMobil forecasts in the 2016 edition of its annual The Outlook for Energy. The company forecasts modest gains for plug-in electric cars, with cost and functionality remaining barriers. Source: ExxonMobil.

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OnStar and Google demonstrate concept service for managing charging Chevrolet Volts with renewable energy

Green Car Congress

Data from this forecast is downloaded to the OnStar cloud, or Advanced Telematics Operating Management System (ATOMS). According to the US Energy Information Administration (EIA), US electricity generation in 2010 was 70% fossil fuels (coal 44.9%, natural gas 23.8%); 20% nuclear; and 10% renewable, of which 6.2%

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Good news – the world has a real chance of achieving its goal of tripling renewables by 2030

Baua Electric

The world added 50% more renewable capacity in 2023 than in 2022 –and that means it has a real chance of achieving the goal set by governments at the COP28 climate change conference of tripling global capacity by 2030.

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U Chicago, MIT study suggests ongoing use of fossil fuels absent new carbon taxes

Green Car Congress

A paper by a team from the University of Chicago and MIT suggests that technology-driven cost reductions in fossil fuels will lead to the continued use of fossil fuels—oil, gas, and coal—unless governments pass new taxes on carbon emissions. for oil, 24% for coal, and 20% for natural gas.

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