Renewable energy, led by solar power, could make up 80% of the growth in electricity generation over the next decade, according to a report published Tuesday.

The International Energy Agency said it is now consistently cheaper to generate electricity by capturing the sun’s energy than by burning coal or natural gas in most countries.

Solar photovoltaic cells are now one of the cheapest sources of electricity in history thanks to maturing technologies and policies that have reduced the cost of investments, the Paris-based agency said.

Solar Power Could be ‘The New King’ as Global Electricity Demand Grows | Devamı>>>

Spending on oil and gas has fallen much more than investment in renewables, according to International Energy Agency.

The world’s transition to cleaner sources of energy is gaining speed as the coronavirus pandemic accelerates a shift in investment away from fossil fuels, according to the International Energy Agency.

Capital spending on energy this year is set to plunge by 18%, as global energy demand is expected to fall by 5% in 2020, a pullback not seen since World War II, the Paris-based agency said in its annual report on the future of the industry.

Coronavirus Pandemic Speeds Shift to Cleaner Energy | Devamı>>>

While there is rich extant literature on India’s dependence on and its long-term need for natural gas and coal, there is not a similar understanding of non-fuel minerals, particularly the critical minerals. A study by the Department of Science and Technology and the Council on Energy, Environment, and Water (DST-CEEW, 2016) points out that there isn’t enough research in India on ensuring mineral resource security for the manufacturing sector.[1] The study looked at 49 non-fuel minerals, including rare earth minerals, and assessed the impact of critical minerals on manufacturing sector due to supply constraints.[2]

The criticality of non-fuel minerals has been evaluated through considering economic importance and the supply-side risks.

Skewed Critical Minerals Global Supply Chains Post COVID-19 | Devamı>>>

Global carbon dioxide emissions stopped growing in 2019, the International Energy Agency (IEA) has claimed in a new report.

According to the report released today, global CO2 emissions held at around 33 gigatonnes (Gt) last year, following two years of increases. The authors attribute the apparent good news to the expansion of renewable wind and solar energy sources, nations switching from coal to natural gas energy generation, and additional nuclear power output.

Global CO2 Emissions ‘Flatlined’ In 2019, New Report Claims | Devamı>>>