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>>>

You may count me among those who want to see society move beyond fossil fuels. We all know there are negative consequences associated with fossil fuel usage, such as the emission of carbon dioxide and various other pollutants.

However, fossil fuel replacements come with their own risks and trade-offs, and it is important to understand and weigh these trade-offs as we transition from fossil fuels.

The Inherent Risks In President Biden’s Energy Plan | Devamı>>>

Between Covid-19 and natural disasters, Mother Nature threw Americans a curveball in 2020. Solar companies are hitting it out of the park.

Solar panels and battery systems have renewed appeal for people spending far more time in their homes and less certain about the lights staying on.

Meanwhile, interest rates have never been lower, making it cheaper for capital-intensive businesses such as Sunrun and Sunnova Energy International to raise funds.

Pandemic Is Ray of Light for Solar Industry | 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>>>

The dramatic slowdown across Europe due to Coronavirus lockdowns has caused electricity demand to plumet by one-tenth in the first three months of 2020 – the biggest drop in demand since the Second World War.

This has caused power generation across the continent to fall. But in a potentially positive sign for Europe’s energy transition, fossil fuel generation is falling far more than renewable power.

According to an analysis by the Wärtsilä Energy Transition Lab, coal-based power generation has fallen by over a quarter (25.5%) across the European Union and United Kingdom in the first three months of 2020 compared to 2019.

Renewable Energy Way Up During COVID19 Shutdowns | Devamı>>>

The dramatic slowdown across Europe due to Coronavirus lockdowns has caused electricity demand to plumet by one-tenth in the first three months of 2020 – the biggest drop in demand since the Second World War.

This has caused power generation across the continent to fall. But in a potentially positive sign for Europe’s energy transition, fossil fuel generation is falling far more than renewable power.

According to an analysis by the Wärtsilä Energy Transition Lab, coal-based power generation has fallen by over a quarter (25.5%) across the European Union and United Kingdom in the first three months of 2020 compared to 2019.

Renewable Energy Way Up During COVID19 Shutdowns | Devamı>>>

After nearly two decades of strong annual growth, renewables around the world added as much net capacity in 2018 as they did in 2017, an unexpected flattening of growth trends that raises concerns about meeting long-term climate goals.

Last year was the first time since 2001 that growth in renewable power capacity failed to increase year on year. New net capacity from solar PV, wind, hydro, bioenergy, and other renewable power sources increased by about 180 Gigawatts (GW) in 2018, the same as the previous year, according to the International Energy Agency’s latest data.

Renewable Capacity Growth Worldwide Stalled In 2018 | Devamı>>>

One-third of the world’s installed electricity generation capacity is from renewable sources, according to the latest industry statistics.

The data compiled by the International Renewable Energy Agency (IRENA) shows that two-thirds of the power capacity added around the world in 2018 was from renewables. Wind and solar accounted for 84% of that total.

2018 was characterized by a spate of solar and wind pricing breakthroughs. Falling interest rates for investors, ongoing technology improvements and regulatory frameworks that encourage competition among would-be developers have all played a part.

One-Third Of World’s Power Plant Capacity Is Now Renewable | Devamı>>>

Eleven Member States already achieved their 2020 targets in 2017, the share of energy from renewable sources in gross final consumption of energy, in the European Union (EU), reached 17.5%, up from 17.0% in 2016 and more than double the share in 2004 (8.5%), the first year for which the data are available.

The share of renewables in gross final consumption of energy is one of the headline indicators of the Europe 2020 strategy. The EU’s target is to obtain 20% of energy in gross final consumption of energy from renewable sources by 2020 and at least 32% by 2030.

Share of Renewable Energy In The EU Up to 17.5% In 2017 | Devamı>>>

The transition to a lower carbon economy has been long promised but the reality remains elusive. There is no doubt that the costs of renewables — led by solar and onshore wind — are now materially cheaper than they ever have been, having fallen respectively to the point at which the International Energy Agency in its latest short term outlook sees prices falling to between $20 and $50 per megawatt hour.

That means they can compete with other fuels, even if some of the costs of providing back up to cover the intermittency of renewable supplies are included.

Renewables Boom Fails to Dent Investment Allure of Hydrocarbons | Devamı>>>

With the Paris Agreement governments agreed that global greenhouse gas emissions need to be net-zero by 2050 to limit global warming to well below 2°C; but current emission reductions efforts fall short reaching this goal, the world is currently on track to 3°C+. The energy and especially the power sector with its fossil fuels coal, oil and natural gas is the dominant source of emissions.

A rapid decarbonization is required to enable emission reductions in all sectors.

Allianz Climate & Energy Monitor 2018 | Devamı>>>

This year Britain has had an exceptional year for renewable electricity production. It has broken 13 different renewable energy records, putting 2017 on track to be the greenest year ever for clean, electricity production. WWF predicts that 2018 will be even greener and will usher in a new era of low carbon electricity.

These records are across the clean electricity sector. Highlights of 2017 included the greenest summer ever, as well the first full day since the Industrial Revolution where there was no coal power, record

breaking level of green power and the plummeting costs of off-shore wind.

Britain Set for ‘Greenest Year Ever’- As Clean Energy Breaks All Records | Devamı>>>