A report by Germany’s Energy Watch Group thinktank has said we would be better off sticking to coal and oil than switching to gas because emissions of methane, the most potent greenhouse gas, caused by gas extraction render any related carbon savings irrelevant.
Global electricity demand rose by 4% in 2018, nearly twice as fast as overall energy demand, as consumption edged up by 2.3%, according to a new report by the International Energy Agency (IEA). Renewables accounted for 45% of the growth in generating capacity.
The Middle Eastern state has been praised for joining the global anti coal movement, but its plan to switch to natural gas is more a victory for pragmatism than the environmental or renewables cause.
A new report by Rocky Mountain Institute finds that gas plants proposed across the United States over the next 15 years could be replaced by clean energy portfolios at a net savings, and that these projects are at risk of becoming stranded assets.
In 2017, 54 new solar projects with a total capacity of 460 MW will be implemented enabling the country to exceed 1 GW of installed PV plants.
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