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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. What’s more, for the first time, wind power, which grew by 18%, surpassed gas, which only accounted for 17% of Europe’s electricity. Wind and solar power are now taking center stage.

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Solar + wind now make up more than 20% of US electrical generating capacity

Baua Electric

Photo by Amol Mande on Pexels.com Solar and wind now make up more than 20% of total US electrical generating capacity, according to new data from the Federal Energy Regulatory Commission (FERC). The renewable energy mix – biomass, geothermal, hydropower, solar, and wind – is now nearly 30% of total US electrical generating capacity.

Wind 52
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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.

Asia 52
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This utility in the US Midwest is going to add 3.6 GW of wind and solar

Baua Electric

Photo: Xcel Energy Xcel Energy just announced its big solar and wind plans in the US Midwest – here’s the lowdown. gigawatts (GW) of new wind and solar into the mix in the Midwest. So, it could be more battery storage, or it could be grid upgrades – or it could be fossil fuels, and that would be disappointing indeed.

Wind 52
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Global Carbon Project: Global carbon emissions growth slows, but hits record high

Green Car Congress

Jackson and his colleagues estimate that global carbon dioxide emissions from fossil fuel sources—which represent roughly 90% of all emissions from human activities—will grow a projected 0.6% Although still a major factor in global emissions, coal has taken a hit, with global usage down 0.9% over 2018 emissions.

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Renewables expand to 23% of US electrical generation in 2023, with solar in the lead

Baua Electric

of the total) and should surpass it within the next few months to become the second largest renewable energy source, behind only wind. Similarly, the mix of solar (5.6%) and wind (10%) is closing in on coal (15.9%) and seems well-positioned to overtake the fossil fuel this year. compared to 2022. compared to 2022.

Solar 52
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1 in 5 new car sales globally were EVs in 2023, and that’s curbed oil demand – IEA

Baua Electric

Photo: Tesla Without EVs, solar, wind, and nuclear, the global rise in emissions in the last five years would have been three times larger, new International Energy Agency (IEA) analysis shows. Their emissions dropped to a 50-year low while coal demand fell back to levels not seen since the early 1900s.

Global 52