article thumbnail

Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

As I indicated in the previous article , BP has turned over publication of the annual Statistical Review of World Energy to the Energy Institute (EI). Overview The newest Review shows the world remains heavily reliant on fossil fuels for energy needs, even as renewables like solar and wind continue rapid growth.

article thumbnail

Funding the Next Generation of Efficient, Electric, Grid-Interactive Communities

GreenTechMedia

homes and commercial buildings consume roughly two-fifths of the country’s overall energy, three-fourths of all electricity, and account for most of the peak electricity demand that drives generation and power grid infrastructure costs. Shifting heating from fossil fuels to electricity can cut direct emissions.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Europe’s Energy Storage Market Is Fading, Right When It’s Needed Most

GreenTechMedia

European energy storage deployment is set to shrink compared to other global markets, even as the need for flexibility on the grid increases, according to new research from Wood Mackenzie. In 2014, EMEA, dominated by Europe, represented 44 percent of global energy storage deployment. was 22 GW with 3.6

article thumbnail

The Texas Polar Vortex Resurrects the Question of Fuel Diversity for the Decarbonized Grid

GreenTechMedia

The record gas demand would have been even higher without the rolling blackouts, because more homes with central heat would have run either gas-fired heaters or electric heat pumps, which would have been powered mostly by coal or gas-fired generators if those weren't on outage. Based upon data from the U.S. Meanwhile, U.S.

article thumbnail

A decidedly impartial review of Mark Jacobson’s 100% Clean, Renewable Energy and Storage for Everything

Renewable Energy World

When you’ve followed the evolving research of a leading clean energy expert and become a supporter of his vision for a global clean energy transition, it should come as no surprise that I was eager to crack open Mark Jacobson’s 2021 book release, 100% Clean, Renewable Energy and Storage for Everything.

article thumbnail

Highlights from the 2022 BP Statistical Review

R-Squared Energy

Last week the BP Statistical Review of World Energy 2022 was released, covering energy data through 2021. The Review provides a comprehensive picture of supply and demand for major energy sources on a country-level basis. Energy usage and consumption statistics continue to be dominated by the impact of the Covid-19 pandemic.

article thumbnail

The Corona Virus Reduces China's Emissions by 25 Percent

Green Market Oracle

China burns about half the coal used globally while at the same time it is the leading market for solar panels, wind turbines and electric vehicles. This duality is evident in Shanxi, which is both China's coal mining region and the location of some of the country's largest solar and wind power projects.