Accreditation institute DNV GL has made some astonishing carbon-related predictions as it prepares the next edition of its Energy Transition Outlook report. The Norwegian body says transport-related emissions have peaked and those of the iron and steel industries may well have too.
Vaibhav Pratap Singh, senior analyst from South Asian thinktank the Council on Energy, Environment and Water, tells pv magazine about the impact of the coronavirus pandemic on the Indian solar sector, green finance and other investment prospects.
Plus, one Australian installer says residents who had installed solar and storage at home will be cushioned against thumping, coronavirus-related electricity bill rises this quarter and there are signs of recovery in overall energy consumption levels.
Portugal set a new coal-free record because of the pandemic as Belgium and Israel moved to help the renewables industry. But there was grim news in Mexico and Turkey, and Bangladeshi clean energy firms have appealed for more assistance.
A study by the International Energy Agency into the chilling effect of the Covid-19 pandemic on energy demand states renewables will be ‘the only energy source likely to experience demand growth for the rest of 2020’. The slower the economic recovery, the more the fossil fuel industry will suffer.
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