https://www.rystadenergy.com/news/coal-power-peak-solar-wind-emissions
"Global coal-fired power generation is on track to peak in 2023 as new sources
of renewable and low-carbon energy expand rapidly. Coal has dominated the
global power sector for the past 30 years, but Rystad Energy modeling shows
that 2024 will mark the start of the fuel’s decline as solar and wind
generation grow in popularity.
New electricity supply from renewables is expected to outstrip power demand
growth, leading to coal’s displacement starting next year and compounding in
the years to come. As a result, coal-fired generation will fall marginally to
10,332 terawatt hours (TWh) in 2024, down 41 TWh from 2023. This is a relative
drop in the ocean, but it’s a sign of things to come as renewables continue
their growth trajectory.
As coal’s share falls, so will the associated carbon dioxide (CO2) emissions.
Thanks to coal’s dominant role in powering the world, the power sector is the
biggest contributor to global pollution – accounting for about 40% of all
emissions.
Investments in coal capacity and overall usage have fallen in Europe and North
America in recent years due to a combination of strict emissions policies and
abundant availability of affordable natural gas supplies. Yet, enduring growth
in Asia, primarily China, has kept global coal consumption buoyant. Even so,
coal will be gradually displaced by the rapid development of low-carbon power
sources, ushering in a cleaner, leaner system even as investments in new
capacity in Asia continue over the next few years."
Via
Future Crunch:
<
https://futurecrunch.com/good-news-indigenous-rights-ecuador-deforestation-amazon-hiv-south-africa/>
Cheers,
*** Xanni ***
--
mailto:xanni@xanadu.net Andrew Pam
http://xanadu.com.au/ Chief Scientist, Xanadu
https://glasswings.com.au/ Partner, Glass Wings
https://sericyb.com.au/ Manager, Serious Cybernetics
