Fossil fuel generation falls to record low as renewables dominate energy market
Fossil fuel generation has more than halved over the last decade, hitting a new record low in 2020.
Articles tagged with: fossil fuels
McKinsey: Power consumption to double by 2050 as COVID-19 helps pull back fossil fuel peak
Power consumption is set to more than double by 2050 as electrification increases, according to new research from McKinsey.
Post-COVID stimulus package missing net zero opportunity, report finds
The UK’s current energy stimulus package misses the opportunity to create new green jobs and accelerate the transition to a flexible, renewable powered economy, according to a new report.
Record start to 2020 for renewable generation
In Q1 of 2020, renewables generated a record 47% of the UK's electricity, according to new figures from the Department of Business, Energy and Industrial Strategy (BEIS).
Renewable power stocks outperform fossil fuels across the board
Renewable power shares are outperforming fossil fuels in the stock market, but obstacles are still standing in their way.
COVID-19 causes biggest energy investment drop in history
COVID-19 has sent investment in the power sector tumbling, with the International Energy Agency (IEA) expecting power sector spending alone to fall by 10% in 2020.
Surging wind helps renewables overtake fossil fuels in Q1
For the first time ever, more electricity came from renewables than fossil fuels throughout the whole of Q1 2020.
Following BP’s announcement that it will now pursue the ‘ambition’ of attaining net zero status by 2050, Liam Stoker reflects on announcement, what BP has actually said and, crucially, what it hasn’t.
Emissions flatline in 2019 thanks to surge in clean energy
Emissions flatlined in 2019 thanks to advances in clean energy, according to new research by the International Energy Agency (IEA).