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US shift toward wind and solar will cut coal, make EVs cleaner

Green Car Reports

Increased use of renewable energy will help reduce electricity generation from coal and natural gas power plants, according to the U.S. The EIA forecasts that wind and solar will together account for 16% of total electricity generation in 2023, up from 14% in 2022 and 8% in 2018.

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US solar and wind expected to reduce coal and natural gas generation to 2025

Electrek

Increased US power generation from mostly wind and solar will reduce generation from both coal and natural gas power plants in 2023 and 2024, according to the US Energy Information Administration’s (EIA’s) “ Short-Term Energy Outlook.”

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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.

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Coal is losing the price war to wind and solar faster than anticipated

Electrek

The costs of most existing coal-fired power plants in the US are now more expensive than the total costs of wind and solar as a result of their plunging costs, according to a new study. more… The post Coal is losing the price war to wind and solar faster than anticipated appeared first on Electrek.

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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. That collapse resulted in an impressive 19% reduction in the EU’s power sector emissions. Wind and solar power are now taking center stage. compared to 2022.

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Wind and solar cost less than coal for power

Green Car Reports

Producing renewable electricity is cheaper than running old coal plants, a new report from investment firm Lazard shows. Lazard reports that new wind farms in the U.S.

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In a first, renewables beat coal in the US power sector in 2022

Electrek

For the first time ever, renewable power generation – that’s wind, solar, hydro, biomass, and geothermal – exceeded coal-fired generation in the US electric power sector in 2022, according to the US Energy Information Administration (EIA).

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