Remove Coal Remove Grid Remove Kenya Remove Oil
article thumbnail

BloombergNEF: clean energy investment in developing nations slumps as financing in China slows; coal burn surges to record high

Green Car Congress

While the number of new clean power-generating plants completed stayed flat year-to-year, the volume of power derived from coal surged to a new high, according to Climatescope , an annual survey of 104 emerging markets conducted by research firm BloombergNEF (BNEF). But like trying to turn a massive oil tanker, it takes time.

Coal 243
article thumbnail

How Will EV Charging Powered by Renewable Energy Create a Greener World

Driivz

Renewables provide a less expensive and eco-friendly energy source as a means to handle the growing pressure on the grid caused by multiple factors including extreme temperature fluctuations driving up demand for more electric heating and cooling. In 2019, around 11% of global primary energy came from renewable technologies.