article thumbnail

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.

Coal 52
article thumbnail

US renewables’ installed generating capacity beats coal

Baua Electric

Photo by Los Muertos Crew on Pexels.com Solar capacity additions hit the ground running in 2024, pushing renewables’ installed generating capacity past coal, according to new US Federal Energy Regulatory Commission (FERC) data. That’s more than the installed capacity of coal (207.15 of the total. GW) but also hydropower (101.41

Coal 52
article thumbnail

New England to become the second coal-free region in the US

Baua Electric

Photo: PSNH/Flickr Both of New Hampshire’s coal plants are shutting, making New England the second coal-free region in the US. The Bow, New Hampshire-based power station has committed to retiring the coal-burning units at Merrimack and Schiller Stations in New Hampshire, by 2028 and 2025, respectively.

Coal 52
article thumbnail

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
article thumbnail

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

Green Car Congress

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

Wind 220
article thumbnail

EIA expects increased US crude oil production, with continued high petroleum prices in 2022

Green Car Congress

EIA forecasts that retail sales of electricity to the industrial sector will grow by 2.8% Other key findings from the May 2022 STEO forecast include: Solar and wind power will provide 11.1% Solar and wind are the only energy sources that will increase their share of US electricity generation this summer. and by 1.5%

Oil 344
article thumbnail

The world’s longest onshore wind turbine blade makes its debut

Baua Electric

Photo: SANY Group SANY Renewable Energy , a wind turbine manufacturer in China, has built the world’s longest onshore wind turbine blade. Plus, it’s free to use and you won’t get sales calls until you select an installer and share your phone number with them. Get started here. –ad*

Wind 52