Posts Tagged ‘Renewables’

Queensland could reap $24bn renewables boom if it phases out coal generators

Analysts say sector could expand sixfold if all planned projects proceed and government focuses on carbon reduction policies Regional Queensland is on the verge of a $24bn renewable energy boom, but the “vast majority” of projects will never be built without the phase out of existing coal-fired power stations and government policy to reduce emissions […]

IEA warns of ‘worrying trend’ as global investment in renewables falls

Fossil fuels increased share of energy supply investment last year – the first time since 2014 The world’s energy watchdog has sounded the alarm over a “worrying” pause in the shift to clean energy after global investment in renewables fell 7% to 8bn (£240bn) last year. The International Energy Agency said the decline is set […]

Renewables could generate 50% of Europe’s power in 2030, says new study

Wind power enjoyed a record year in 2017, as more offshore capacity was installed than ever before. Renewable energy in general also continued to grow and the EU generated more electricity from clean sources than coal for the very first time. View full post on Wind Power News

Natural gas killed coal – now renewables and batteries are taking over | Dana Nuccitelli

To avoid dangerous climate change, we can’t rely on natural gas replacing coal Over the past decade, coal has been increasingly replaced by cheaper, cleaner energy sources. US coal power production has dropped by 44% (866 terawatt-hours [TWh]). It’s been replaced by natural gas (up 45%, or 400 TWh), renewables (up 260%, or 200 TWh), […]

EU Parliament wins plaudits for backing 35% renewables target

The wind power industry hailed a measure voted on by Parliament that will require EU Member States to give five years' visibility up front on their public support for renewables. [ Peter Rood / Flickr ] European lawmakers approved draft measures on Wednesday to raise the share of renewable energy to 35% of the EU's […]

EU warned about ‘lost decade’ for renewables as costs continue to fall

One key ingredient to keep the European renewable industry competitive is to raise the EU's 2030 renewables target to 35%, says Giles Dickson, CEO of WindEurope. [ David Clarke / Flickr ] The cost of generating electricity from renewable energies is set to reach new lows worldwide, according to projections by the International Renewable Energy […]

New renewables cheaper than keeping Liddell open

A new report has found it would cost $1.3 billion more to keep the Liddell coal-fired power plant in New South Wales open beyond its use-by date, than to replace it with a mix of renewables and other sustainable energy solutions. The report, Beyond Coal: Alternatives to Extending the Life of Liddell Power Station , […]

Replacing Liddell with renewables is $1.4 billion cheaper than government plan, report says

The Turnbull government's plan to keep the worn-out Liddell power station running for another five years would cost about $1.4 billion more than replacing it with clean energy, and spew millions of tonnes of damaging carbon pollution, a new analysis shows. The findings cast further doubt on the wisdom of keeping Australia's oldest operating coal […]

RPT-INSIGHT-Peak oil? Majors aren’t buying into the threat from renewables

Two decades ago, BP set out to transcend oil, adopting a sunburst logo to convey its plans to pour $8 billion over a decade into renewable technologies, even promising to power its gas stations with the sun. That transformation – marketed as “Beyond Petroleum” – led to manufacturing solar panels in Australia, Spain and the […]

‘Way off the planet’: regional businesses use renewables to slash costs

From solar to running generators, some have quit the energy grid and several others are showing interest in ‘defecting’ In the heart of Queensland’s mining belt, a businessman who has grown his enterprise mostly off the back of the coal industry sees the energy sector going only one way. “I think renewable energy is where […]