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Renewables to overtake coal as largest global electricity source in 2025

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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. Success in meeting the tripling goal will hinge on this.”

Coal 136
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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.

Coal 243
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EC presents action plan for critical raw materials

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The European Commission presented an Action Plan on Critical Raw Materials , the 2020 List of Critical Raw Materials and a foresight study on critical raw materials for strategic technologies and sectors from the 2030 and 2050 perspectives. Lithium, which is essential for a shift to e-mobility, has been added to the list for the first time.

Europe 365
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IEA: COVID-19 crisis causing the biggest fall in global energy investment in history

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The COVID-19 pandemic has set in motion the largest drop in global energy investment in history, with spending expected to plunge in every major sector this year—from fossil fuels to renewables and efficiency—the International Energy Agency said in a new report. —Dr Fatih Birol, the IEA’s Executive Director.

Global 344
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Siemens presents three-point plan for implementing cost-efficient energy transition in Germany

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Siemens suggests abandoning a fixed target for renewable energies and concentrating on the CO 2 reduction goal. Relying on a higher share of efficient, low-emission combined cycle power plants and wind energy could save €150 billion (US$200 billion) by 2030 while attaining the same CO 2 targets, Siemens says. Source: Siemens.

Germany 239
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DOE to award $20M to projects to recover rare earth elements from coal and coal byproducts

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The DOE has begun investigating the economic feasibility of recovery of REEs from domestic United States coal and coal byproducts. n FY14, DOE’s National Energy Technology Laboratory (NETL) conducted a preliminary, short-term, baseline field evaluation of coal and coal by-products as potential domestic resources of REEs.

Coal 150
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EPA GHG Inventory shows US GHG down 1.7% y-o-y in 2019, down 13% from 2005

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The US Environmental Protection Agency (EPA) released its 28 th annual Inventory of US Greenhouse Gas Emissions and Sinks (GHG Inventory), which presents a national-level overview of annual greenhouse gas emissions from 1990 to 2019. CO 2 emissions decreased 2.2% from 2018 to 2019.

2005 418