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Renewables to overtake coal as largest global electricity source in 2025

Teslarati

While more effort is needed to reach that goal, one energy organization has predicted that renewables will overtake coal generation as the world’s largest electricity source in early 2025. There are still some big hurdles to overcome, including the difficult global macroeconomic environment.” “For

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IEA: global electricity demand growing faster than renewables, driving strong increase in generation from coal

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Renewables are expanding quickly but not enough to satisfy a strong rebound in global electricity demand this year, resulting in a sharp rise in the use of coal power that risks pushing carbon dioxide emissions from the electricity sector to record levels next year, according to a new report from the International Energy Agency.

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

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Global energy-related carbon dioxide emissions rose by 6% in 2021 to 36.3 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. billion tonnes, accounting for 33% of the global total.

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Rivian, BrightNight and The Nature Conservancy Unite to Transform Starfire Coal Mine into Kentucky’s Largest Solar Farm

Electric Cars Report

Starfire Mine, formerly one of the largest coal mines in the United States, will be the new site of a solar energy center. The announcement was made by global renewable power producer BrightNight CEO Martin Hermann, Rivian Automotive Inc. Founder and CEO RJ Scaringe, and The Nature Conservancy CEO Jennifer Morris.

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Rivian to turn coal mine to solar energy center in Kentucky

Teslarati

Rivian plans to convert the Starfire Mine in Kentucky to a solar energy center. The conversion is estimated to be a $1 billion solar project. The Starfire Mine, Kentucky, was once one of the largest coal mines in the United States. billion vehicles in the global fleet,” said Rivian Founder and CEO RJ Scaringe.

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

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The arrival of cheap battery storage will mean that it becomes increasingly possible to finesse the delivery of electricity from wind and solar, so that these technologies can help meet demand even when the wind isn’t blowing and the sun isn’t shining. trillion of that going to wind and solar and a further $1.5 NEO 2018 sees $11.5

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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.

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