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All articles of topic fossil fuels

© Irena
Irena

Cost of photovoltaics has fallen by 13 per cent in 2021

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Around two-thirds, or 163 gigawatts, of the new green energy plants installed in the G20 countries in 2021 will have lower costs than the world's cheapest coal-fired plant. This was calculated by the International Renewable Energy Agency, or Irena.

© European Union, 2022
Solar market Europe

EU solar set to save additional 4.6 BCM gas in 2022

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As the European Commission launches its solidarity action to reduce gas consumption this winter, SolarPower Europe reveals the bloc is set to exceed even the highest projections of solar power generation in 2022.

© Tesvolt
Energy storage:

Tesvolt is experiencing rising demand for commercial storage units

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The market for energy storage is currently growing massively. Tesvolt is currently experiencing demand that exceeds expectations. Read here why this is so.

© McKinsey
McKinsey study:

Costs for solar energy have halved since 2017

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The energy transition continues to gain momentum worldwide: clean energies and decarbonisation technologies will account for almost all investment growth in the energy sector in the future. The cost of solar energy has halved since 2017, a recent study shows.

© BloombergNEF
Climate policy:

G-20 countries support fossil fuels untenable to achieve climate goals

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A new BloombergNEF and Bloomberg Philanthropies report reveals that G-20 member countries have given more than $3.3 trillion in subsidies for coal, oil, gas, and fossil-fuel power from 2015-2019.

© Shell International Limited
Fossil fuels:

Shell told to cut emissions by almost half by 2030

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The oil and gas company has suffered a defeat in the District Court in The Hague. Shell now has to reduce its CO2 emissions by at least 45 per cent (net) by 2030 compared to 2019. A historic ruling.

© Shutterstock
New roadmap:

IEA breaks with oil and gas to reach net-zero emissions

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The International Energy Agency (IEA) has released its first ever comprehensive roadmap to net-zero emissions by 2050. It demands no new investments in fossil fuel supply.

© Malte Forstat
Energy transition:

Why renewables must be the alternative

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With nuclear energy out of the question to substitute fossil fuels and power our world’s increasing energy demand, the question remains: What is the alternative?

© ZAE Bayern
Energy transition:

Cheap solar cuts costs of green hydrogen

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The levelized cost of hydrogen (LCOH2) made from renewable electricity is set to fall faster than estimated, driven declining solar PV electricity costs according to BloombergNEF.

© Juwi
Electricity mix in the EU:

More renewables than fossil fuel-based electricity in the grid

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Last year, 38 per cent of the European electricity grids were filled with green electricity. That was one per cent more than fossil power plants contributed.