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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

The decline was attributable to record price levels in Europe and Asia in 2022, rising nearly threefold in Europe and doubling in the Asian LNG spot market. Wind and solar reached a record high of 12% share of power generation with solar recording 25% and wind power 13.5% growth in output.

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IRENA: Renewables accounted for three quarters of new power capacity in 2019

Business Green

per cent in 2019, with solar and wind making up 90 per cent of new additions, and Asia again dominating the market with 54 per cent of global capacity growth last year. Overall, renewables capacity expanded by 7.6

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Understanding the true cost (and savings) of Nova Scotia’s transition to clean energy

Clean Energy Canada

The province recently unveiled its plan for 50 per cent wind power by 2030 alongside additional solar. For Nova Scotians, clean energy has been in the news a lot lately. A week later, the federal government announced $12 million to help Nova Scotia with electricity grid upgrades.

Energy 54
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Tracking Climate Action: How the World Can Still Limit Warming to 1.5 Degrees C

The City Fix

One day, it’s catastrophic wildfires wreaking havoc around the world; the next, it’s an optimistic piece on the rapid scale-up of solar and wind power. Today’s climate change headlines often seem at odds with each other. Taken together, such stories.

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Von der Leyen announces Chinese EVs inquiry in competitive bid

Smart Energy International

One of two initiatives announced today to maintain Europe’s place in the global race to net zero, European Commissioner Ursula von der Leyen has announced an inquiry into electric vehicles (EVs) coming from China. Europe will do whatever it takes to keep its competitive edge.” But competition is only good as long as it is fair.”

Europe 52
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Smart Energy Finances: Enel sells 50% stake in Gridspertise

Smart Energy International

Also on the financial radar this week, two separate green bonds have been announced in different parts of Europe. Target markets include Europe, Latin America and North America, and expand towards Asia-Pacific, where the investment in smart grids will drive infrastructure upgrade projects in the near future.

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Bloomberg predicts wind and solar will power half the world and bag $9 trillion investment

Renewable Energy World

Wind or solar now represent the least expensive option for adding new power generation capacity in approximately two-thirds of the world.