China’s installed wind and solar capacity will overtake coal for the first time this year, an industry body forecast on Tuesday.

The China Electricity Council (CEC) in a yearly report said grid-connected wind and solar would make up around 40% of installed power generation capacity by the end of 2024, compared with coal’s expected 37%.

By comparison, wind and solar together were around 36% of capacity at the end of 2023, and coal was just under 40%.

China’s Wind, Solar Capacity Forecast to Overtake Coal in 2024 | Devamı>>>

Europe needs to ramp up efforts to cut its dependency from Russian fossil fuel imports in the face of the latest crisis, German Chancellor Olaf Scholz said in Brussels on Friday.

“All together, we are very, very well prepared for the difficult challenge linked to Russian fossil fuel imports,” he told reporters as he arrived for the second day of an EU summit.

He said this was the reason why the bloc had not only imposed sanctions on Russian coal and oil at an early stage, but had as well worked on adjusting its infrastructure in a way that European countries can import gas from other countries, too.

EU Must Speed Up Efforts to Get Independent from Russian Fossil Fuel | Devamı>>>

Fossil fuels have surpassed renewables to become the European Union’s largest source of power generation as use of natural gas reached its highest point in a decade, the bloc’s statistics office said on Thursday.

While Eurostat says renewables topped the list in the first year of the coronavirus pandemic, the economic recovery saw the region’s electricity supply increase by 4% in 2021, with coal, oil and gas.

Fossil Fuels Surpass Renewables as EU’s Top Power Source | Devamı>>>

Carbon pricing, whether through trading or taxes, is considered one of the most important policies to reduce emissions. A price on carbon increases the operating costs of high carbon fuels relative to lower-carbon alternatives. This post introduces an index (termed Coal to Clean Carbon Price Index – C3PI) for approximating the carbon price required to leapfrog fossil gas and support an electricity system predominantly supplied by variable renewable energy.

Fuel switch costs in electricity have historically been analysed through coal and fossil gas generation prices.

Carbon Price Index for Coal-to-Clean Electricity | Devamı>>>

Europe is being ravaged by an unprecedented energy crisis, and it may already be spreading. Asia, the world’s biggest buyer of gas and coal, may be next, with China particularly vulnerable because of the size of its economy.

Perhaps somewhat surprisingly, the big problem for China is not natural gas. It’s coal, which powers the majority of its power plants, Bloomberg reported this week, citing state-run outlet China Energy News.

According to a report in the news outlet, Chinese power plant operators are finding it hard to buy enough coal to keep their facilities running, which is raising the likelihood of an energy crunch when winter comes.

Soaring Energy Prices Become Major Headache For China | Devamı>>>

In the light of the data announced by the US Department of Energy’s Energy Information Administration (EIA), coal production in the country was 11.8 million tons, with an increase of 6.2% compared to the previous week, while it increased by 3% compared to the same period of the previous year.

While production was 4.6 million tons in the eastern part of the Mississippi River and 7.2 million tons in the west, coal production from the first day of the year increased by 11.2% compared to the previous year and amounted to 354.8 million tons.

Coal Production Increases by 3% in the USA | Devamı>>>

Energy Markets Management Inc. According to the information compiled from the data, the price of one megawatt-hour of electricity in the day-ahead market was traded at 352.56 liras at the lowest and 617 liras at the highest.

Energy Markets Management Inc. According to the data, the Day Ahead Market (DAM) volume decreased by 3,843.026.48 TL from the previous day’s value on 13.07.2021 and became 331,330,581.79 TL.

The first 3 energy sources that contributed the most in daily electricity production were 38.22% natural gas, 14.25% dam and 11.87% lignite, respectively.

‘EPİAS’ Electricity Sector Market Statistical Analysis (14.07.2021) | Devamı>>>

Herculean global action to roll back the economic carnage of the coronavirus is about to bump into a new problem: climate change. With as much as $15 trillion in economic stimulus on offer – an unfathomable 17% of global GDP – we’ll see spending on a scale that will affect the earth’s climate no matter what.

Most of the spending is being raised in China, the European Union and the United States, the big three global emitters.

Can Coronavirus Stimulus Get Us Off Fossil Fuels? | Devamı>>>

Saudi Arabia?  Russia?  The United States—which is the world’s biggest producer of oil, natural gas, and nuclear power?
Nope.  It’s China…by a long way.

Why?  Well, China is the world’s biggest producer of hydroelectricity and other renewables.  Indeed, China is the world’s biggest producer of BOTH wind and solar energy—bet you didn’t know that!

But the real reason is coal.  China is by far the world’s biggest coal producer, accounting for nearly half of global production.  

Who is The World’s Largest Energy Producer? | Devamı>>>

The reigning narrative of impending global environmental catastrophe dominates the airwaves and print media. Short of a drastic reduction in the use of fossil fuels, it is asserted, we are fast approaching the “end of days”. The demonization of fossils fuels in general, and coal in particular, has been wrought under pressure from special interests groups and organized lobbies of the climate-industrial complex where aspects of economic reality are caricatured or presented out of context. Complex trade-offs in energy policy are spun into tales of spurious simplicity, leading to misleading conclusions.

In Coal We Trust: The Need For Coal Power In Asia | Devamı>>>