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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. compared to 2022.

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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. –

Coal 52
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How renewables could beat natural gas in US generating capacity within 3 years – in numbers

Baua Electric

Photo courtesy of Tom Brewster/BLM California US renewables’ electrical generating capacity could be close to – and may even surpass – natural gas within three years, according to FERC data. Three megawatts each of new biomass and oil capacity plus 1 MW each of new hydropower and natural gas capacity made up the balance.

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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. Get started here. –

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Scenario study suggests increased vehicle electrification in Europe increases demand for gas in power sector; limited ability for power-to-gas

Green Car Congress

A study published by the Centre on Regulation in Europe (CERRE) has explored the possible impact of increased electrification of road transportation and domestic heating and cooking on the energy system (electricity and gas), as well as on CO 2 emissions and on GDP.

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Solar to displace natural gas in the daytime + in summer on the Texas grid

Baua Electric

Solar is forecast to displace natural gas in the middle of the day and in the summer on the Texas grid, according to the US Energy Information Administration (EIA). Texas’s electricity mix of energy sources managed by the Electric Reliability Council of Texas (ERCOT) electricity grid operator changed noticeably in 2023.

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Electra raises $85M to advance Low-Temperature Iron process; electrochemical refining at 60?C

Green Car Congress

Electra has raised $85 million to produce Low-Temperature Iron (LTI) from commercial and low-grade ores using zero-carbon intermittent electricity. By comparison, 69% of steel today is made at approximately 1,600 degrees Celsius (2,912 degrees Fahrenheit) using coal, emitting about two tons of carbon dioxide for every ton of steel produced.

Coal 360