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Global electricity sector nearing ‘peak emissions’
Anew report suggests that we may soon reach the peak of global emissions from the electricity sector. Research into 78 countries by think tank Ember has shown that in the first half of 2023, CO₂ emissions from the global power industry grew by a mere 0.2%, with wind and solar capacity hitting record levels.
read more... 09/10/2023
Daily (26.09.2023): European power spot prices surged amid a sharp decline in wind output
On Monday, crude oil prices remained relatively stable as the decision to prolong production cuts by Saudi Arabia and Russia was offset by predicted U.S. oil record output in September. Hence, Brent crude traded at $93.29 a barrel. Meanwhile, U.S. WTI crude slipped by 0.4% to $89.68 a barrel.
read more... 26/09/2023
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Europe's solar industry warns of bankruptcy risk as prices drop
Europe's solar power industry warned on Monday of a "precarious" situation for European solar photovoltaic (PV) manufacturers as solar PV prices reached record lows.
read more... 12/09/2023
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Fossil fuels' share in EU power mix at lowest level since records began
Fossil fuels produced just 33% of the EU's power in the first half of this year, the lowest share on record based on data going back to 1990, researchers said on Wednesday.
read more... 30/08/2023
Renewable output hits record highs in Europe
Wind and solar output hit a record average of 45 GW this summer across Germany, Belgium, France, Italy and Britain, a study showed on Wednesday.
read more... 25/08/2023