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Report details China’s complex energy landscape and its enormous green energy shift

Envirotec Magazine

Wind is China’s largest source of electricity after coal and hydropower, delivering 9.4% It also looks at the persistence of fossil fuels in its energy mix. On the other hand, DNV forecasts fossil fuels will still account for 40% of its energy mix in 2050. of the total electricity supply in 2023.

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New hydropower awards announced from Niagara Power Project

Renewable Energy World

New York Governor Kathy Hochul announced that the New York Power Authority (NYPA) Board of Trustees has approved economic development awards to three companies that will create 79 new jobs and spur nearly $46 million in capital investments. LW1 plans to invest at least $24.2 million in capital investment.

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Electrification gets down to the wire

GreenBiz

The push to quickly transition carbon-intensive activities away from fossil fuels while meeting the world’s growing energy needs has put electricity producers and consumers squarely in the forefront of the emerging clean economy. And the era of fossil fuels is hardly over. Subscribe here.

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Revealed: Two Thirds of Online Posts from Six Major European Fossil Fuel Companies ‘Greenwashing’

DeSmogBlog

Nearly two thirds of social media posts put out by six major European fossil fuel and energy companies since the end of 2019 present a “green” image of the company, despite the majority of their business activity remaining in fossil fuels, reveals new analysis by Desmog.

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'This is a natural gas market crisis': Why energy markets could be set for three more years of turmoil

Business Green

The global economy could face many more years of energy market turbulence if governments do not take steps to turbocharge their clean energy and technology investments, the IEA has warned. The stakes for nations that fail to unhitch themselves from gas markets are incredibly high, according to the global energy think tank.

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Media Brief: Addressing common myths around renewable power

Clean Energy Canada

Global renewable power generation is growing at an unprecedented rate , driven by the favourable economics of wind and solar along with energy security concerns around oil and gas (largely caused by recent wars), and emissions goals. Both find wind and solar to be cost-competitive with natural gas-fired electricity in the U.S.

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More wind and solar capacity could save some of the world’s most important rivers

Renewable Energy World

And according to IEA’ Renewables 2020, Launch Presentation from November 10, 2020, global wind and solar PV’s combined installed capacity will surpass that of natural gas in 2023 and coal in 2024. Existing hydropower plants can also help with this large ramp up power.