The Economist’s regular cartoonist, KAL, summed it up neatly in his cartoon last week: the battle humanity is waging against the coronavirus is only the preliminary round, and after that, we have a much bigger and stronger opponent waiting for us, called the climate emergency. That some people still may think that something as objectively and scientifically proven is still up for debate could be seen as one of the greatest achievements of the fossil fuel industry.

In A Post-Pandemic World, Renewable Energy Is The Only Way Forward | Devamı>>>

Saudi Arabia abruptly altered its oil production strategy in early March and began to flood the market with cheap oil. Financial markets worldwide hemorrhaged value at the prospect of a protracted and painful price war, and American oil firms immediately cut back spending and dividend payments as the price for their primary product halved.  As of this morning, WTI Crude (a pricing benchmark tied to U.S. supply) was barely north of $20/bbl, prices not seen since 2002.

Renewables Poised To Clean Up From Oil’s Price Spill | Devamı>>>

Over the past decade, prices for solar panels and wind farms have reached all-time lows. As the saying goes though, the wind isn’t always blowing and the sun isn’t always shining.

The question of how to “firm” renewables — that is, ensuring there’s always enough saved energy no matter the time of day or weather — is one of the biggest challenges in the industry. We need a good way to store energy for later.

These New Battery Technologies Could be The Future of Energy Storage | Devamı>>>

Since the turn of the century, there has been a global explosion in the production of renewable power. According to the 2018 BP Statistical Review of World Energy, global renewable energy production in 2000 was 218 Terawatt-hours (TWh). By 2018, that number had reached 2,480 TWh, with average annual growth over the past decade averaging 16%.

This rapid increase in renewable power has been driven by falling cost curves, and aided by legislation directed at reducing air emissions like carbon dioxide.

Estimating the Carbon Footprint of Utility-Scale Battery Storage | Devamı>>>

Mini nuclear reactors could be generating power in the UK by the end of the decade. Manufacturer Rolls-Royce has told the BBC’s Today programme that it plans to install and operate factory-built power stations by 2029.

Mini nuclear stations can be mass manufactured and delivered in chunks on the back of a lorry, which makes costs more predictable. But opponents say the UK should quit nuclear power altogether.

Rolls-Royce Plans Mini Nuclear Reactors by 2029 | Devamı>>>

Growing climate change fears and falling costs will drive the uptake of clean technologies this year. What does 2020 hold for the low-carbon economy? Every year, the clean energy analysts at BloombergNEF predict what will happen in energy, transport, commodities and sustainability over the next 12 months.

While companies and investors are more committed to a cleaner future than ever before, governments still have the capacity to accelerate – or impede – their progress and so November’s US presidential election will have major implications for the speed of decarbonization globally.

The Low-Carbon Economy Takes Center Stage In 2020 | Devamı>>>