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Global Power Sector Embracing Renewables but Ditching Fossil Fuels Too Slowly

GreenTechMedia

A new study of 3,000 power companies across the globe has found that only a handful have been cutting their fossil fuel capacity over the last two decades. Much of the new renewable capacity being built around the world is being offset by new coal and gas capacity, leaving the global generation mix more or less how it was in 2000.

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Global Energy Trends From The 2023 Statistical Review Of World Energy

R-Squared Energy

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. While renewable power expanded at record rates, fossil fuels maintained an 82% share of total primary energy consumption. growth in 2021.

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Global gas squeeze highlights need for security of supply – report

Smart Energy International

The International Energy Agency (IEA) says global natural gas consumption rebounded by 4.6% in 2021, more than double the decline seen in the gas market in 2020. Last year closed with record high spot prices for gas in Europe and Asia, as the natural gas supply remained constricted. Have you read?

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

Clean Energy Canada

Meanwhile, a new report found that an East Coast offshore wind industry — common in Europe and Asia but still nascent in North America — could turn Atlantic Canada into an “energy superpower” similar to “what oil was to Texas or hydro power to Quebec.”

Energy 54
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IEA World Energy Jobs Outlook: Five key green takeaways

Business Green

Fossil fuels - oil, gas, and coal - are still very much the backbone of the global energy system, and these industries employ tens of millions of workers around the world. Clean energy employs more people worldwide than fossil fuels. Fossil fuel employment is struggling to recover from the pandemic.

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Keep your eyes on these 9 electric truck and van companies in 2021

GreenBiz

These new vehicles are quickly bumping up against familiar challenges of battery range, production capacity and charging, or fueling, infrastructure. First, and perhaps most crucially, it plans to price its vehicles at the same or lower prices as comparable fossil-fuel vehicles. Transportation & Mobility. Electric Vehicles.

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Lessons from a year of reporting on climate solutions in Cascadia

Grist

Renewable solar and wind power now typically costs less than fossil-fuel alternatives. This is also largely true across North America, and beyond. That’s looking more doable as renewable-energy prices drop, providing an alternative to fossil fuels. If not sooner. Congress last month allocates $7.5