Solar and wind could entirely displace fossil fuels by 2050 says Carbon Tracker
In less than a decade, solar power will be economic in comparison to local fossil fuels globally, while wind will be economic in more than half of cases.
Articles tagged with: fossil fuels
IEA: Global power demand to jump 4.5% as renewables remain ‘largely immune’ to COVID-19 impacts
Global demand for electricity is predicted to rise by 4.5% in 2021 – equivalent to 1,000TWh – following heavy reductions as a result of COVID-19.
Drax drops plan for Europe’s largest new gas plant as it turns its back on fossil fuels
Drax has dropped plans to develop any new gas plants, including its plans to build Europe's biggest CCGT plant as it moves to turn its back on fossil fuels.
Britain ‘edges closer to the power system of the future’ as 2020 is hailed as greenest year
Last year was Britain’s greenest yet, with renewables generating more power than fossil fuels for the first time according to a new report from Drax Electric Insights.
Wales announces ‘decisive shift’ towards green energy as it commits to net zero by 2050
The Welsh government has set out its legal commitment to achieve net zero by the middle of the century, as well as stating it will push to “get there sooner”.
Renewables overtake fossil fuels in Europe but must triple to reach carbon neutrality by 2050
Renewables have overtaken fossil fuels in Europe in what is being hailed as a “landmark” moment.
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.
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.