The SADC region is developing its renewable energy sector despite limited funding for renewables capital. However, if SADC is seeking to lower emissions and increase renewable energy supply by 2040, progress is delayed by various barriers. As South Africa looks to diversify its coal-dependent energy supply, financial institutions are also looking to divest from coal […]
‘Renewables Provide 37% of India’s Power Capacity’
From less than 20GW of solar power in 2010 it has grown to 96GW of solar, wind biomass and small hydro power in May 2021 — including large hydropower, renewables now provide 142GW or 37% of the country’s power capacity. Demand for fossil fuel electricity generation in India reached a plateau in 2018, and fell […]
Electricity Demand Growing Faster Than Renewables: IEA
Demand for electricity is growing faster than the roll-out of renewable ,leading to a surge in the use of heavily polluting coal and undermining efforts to reach carbon neutrality, the IEA warned on Thursday. Electricity demand is expected to grow by 5 percent this year, much more than the 1 percent drop it experienced last […]
EU Unveils Plan to Increase Renewables Share in Energy Mix to 40% by 2030
The European Union must increase the amount of renewable energy it uses and cut energy consumption by 2030 under proposals the bloc’s executive Commission published on Wednesdayto help meet a more ambitious goal for reducing greenhouse gas emissions. As part of a package of climate policies, the Commission proposed an overhaul of EU renewable energy […]
World at Peak Fossil Fuel Generation As Emerging Markets ‘Adopt’ Renewables: CEEW Report
Fossil fuel electricity generation has peaked worldwide as emerging markets seize the opportunities of low-cost renewables, a report published by India’s Council on Energy, Environment and Water (CEEW) and the financial think tank Carbon Tracker said. Given renewables are already the cheapest source of new electricity in 90 per cent of the world, emerging markets […]
Renewables Were the World’s Cheapest Source of Energy in 2020, Report Shows
Retiring costly coal plants could stop the emission of about 3 gigatonnes of CO2 a year. Renewables are now significantly undercutting fossil fuels as the world’s cheapest source of power, according to a new report. Of the wind, solar and other renewables that came on stream in 2020, nearly two-thirds – 62% – were cheaper […]
Creating Carbon-Negative ‘Green’ Hydrogen to Fuel Our World
University of Canterbury engineering researchers are developing a carbon-neutral – even carbon-negative – way to create clean ‘green’ hydrogen to power our world more sustainably. University of Canterbury Chemical and Process Engineering academics Professor Shusheng Pang and Associate Professor Alex Yip are focusing on using renewable biomass – such as tree and plant waste from […]
Renewables surged in 2020 but world not yet on track for climate goals, BP says
Last year witnessed the biggest fall in carbon emissions in more than 75 years, putting the world closer to the path needed to hit a target of keeping global warming below 2 degrees Celsius this century, BP’s 2020 Statistical Review said. London : Wind and solar power capacity expanded rapidly in 2020 while global energy […]
Ensuring Our Energy Security in a Sustainable Way in the MENA Region And Beyond
A fundamental challenge facing any government is ensuring its citizens’ basic energy needs are met without jeopardizing the living conditions for future generations. Indeed, this will be one of the key issues confronting the Joe Biden administration, which is seeking to rebuild an economy emerging from the COVID-19 pandemic while sparing no effort in the […]
Improving Investment Conditions Could Make Indonesia a World Leader in Clean Energy
Indonesia could become a world leader in clean energy with further reforms to mobilise investment in renewables and energy efficiency, according to a new OECD report. The OECD Clean Energy Finance and Investment Policy Review of Indonesia says Indonesia has abundant untapped potential for finance and investment in renewable energy and energy efficiency, areas that […]
