The amount of electricity produced from burning fossil fuels in the European Union is set to plunge this year as the bloc focuses on renewables to replace energy supplies from Russia. Total fossil generation could drop by 20% this year, with relatively expensive natural gas-fired generation falling the fastest, according to Ember, a UK-based energy [...]
World leaders gathered in Sharm el-Sheikh for the climate implementation summit on 7-8 November to kick off the 27th United Nations climate change conference (COP27). The EU was represented by European Council President Charles Michel and European Commission President Ursula von der Leyen. During his address to the COP27 plenary, President Michel stressed the [...]
Nations have agreed to protect a third of the planet for nature by 2030 in a landmark deal aimed at safeguarding biodiversity. There will also be targets for protecting vital ecosystems such as rainforests and wetlands and the rights of indigenous peoples. The agreement at the COP15 UN biodiversity summit in Montreal, Canada, came early [...]
Renewable power capacity is increasing globally in response to energy decarbonisation, with solar photovoltaic (PV) projected to be the dominant renewable. A significant proportion of solar PV is deployed as groundmounted solar parks with potential implications for the hosting ecosystem. Given their relatively rapid introduction, the impacts on land use and the local environment are poorly understood.
Measures implemented this year could bring down gas imports from Russia by over one-third, with additional temporary options to deepen these cuts to well over half while still lowering emissions. Source: iea.org Read the whole report here
In 2021, the European Union has seen an estimated 25.9 GW of new solar PV capacity connected to the grid, an increase of 34% over the 19.3 GW installed in 2020. This growth makes 2021 the best year in European solar history, breaking the decade-long record of 21.4 GW installed in the EU in 2011. [...]
The pathway to critical and formidable goal of net-zero emissions by 2050 is narrow but brings huge benefits, according to IEA special report. Kilde: IEA Read the whole article here
The global energy landscape is going through major shifts We publish this long-term energy outlook at the start of 2021, after a year that has brought extraordinary challenges. The COVID-19 pandemic and subsequent economic crisis caused unprecedented disruption in the energy landscape—and the path to recovery remains uncertain. Source:mckinsey.com Read the whole article here
A new collaboration between PV companies in Europe looks set to raise standards for plant build and operations. Companies from the entire PV value chain will combine and digitalise their learnings in a holistic plan to raise power plant yields and reduce downtimes. Source: Reuters Read the whole article here
The International Energy Agency (IEA) said the per-watt cost of solar electricity finally fell below fossil fuels last year. By 2025, the renewables sector is expected to hit $1.5 trillion value, up 61% from $928 billion in 2017. After that, renewables will have achieved a firm footing in regular society. Growth will be exponential. Source: moneymorning.com [...]