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Fossil fuels are losing ground to renewable energy in Europe

The Verge: Energy

. | Photo by Jan Woitas/picture alliance via Getty Images The European Union saw a record drop in pollution from fossil fuel power plants last year, according to a new report. Renewable energy is finally starting to take over the power grid. An unprecedented collapse in coal and gas electricity generation.”

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Largest PV investments in Poland and Ukraine

Renewable Energy World

For Europe, 2020 represented a historic year for renewable energy sources. In the European Union, the rate of electricity generation from renewable energy sources amounted to 38%, ahead of fossil fuels (37%), and nuclear energy (25%). Plans for the coming years show that the energy ambitions of Eastern Europe are still untapped.

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IRENA: Green energy-led coronavirus recovery would deliver $98tr boost by 2050

Business Green

Yet a return to business as usual marked by continued large-scale investments in fossil fuel infrastructure would only result in further volatility and economic disruption, while failing to deliver on the medium and long-term goals set out in the Paris Agreement and the UN Sustainable Development agenda, it argued.

Energy 94
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Rising battery storage costs: A long-term trend or short term blip?

Business Green

But batteries undeniably remain the most common form of energy storage and are widely regarded as a critical component of the net zero transition and an enabler of both vehicle electrification and cleaner, more efficient grids dominated by intermittent solar and wind power.

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'Fundamental change': How write downs and bankruptcies are fuelling stranded asset fears

Business Green

Shell and BP are writing down assets while a raft of US fracking firms are entering bankruptcy protection – change is coming to the fossil fuel industry faster than anyone expected. The stranded asset hypothesis just got real. Yet another oil major is writing down the value of its assets," he said.

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Cascadia is known for strong climate action. So why are emissions still rising?

Grist

Activists won a string of local victories, passing municipal and regional laws to ban new and expanded fossil fuel developments. What was missing were government policies capable of shoving economic growth onto a track that required less energy from fossil fuels. Ensuring a cleaner and reliable grid.