Solar Power to Kill Coal | Oil Majors to Lose Trillions | Nuclear Meltdown Renewable energy capacity worldwide was boosted by a record amount in 2016, as costs of wind and solar PV kept dramatically falling, two latest major energy reports show. Especially solar PV is becoming so cheap that it will provide cheaper electricity than coal in China and […]
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New Oil Low, Stress Test for Coal, Big Business Backs Decarbonization “Renewables come one way or another. Over the past few years, they have become economically viable despite low oil prices,” says Energy Watch Group President Hans-Josef Fell in his recent Joule interview. “If you leave the process to itself, it may take another 30 years. That is too late for […]
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More Renewables for Less Money in 2016, Bye Bye Coal and Nuclear The title “bye-bye coal” does not stem from us or from an environmental organization. It comes from the Bloomberg New Energy Finance (BNEF) analysts. By 2030, it will be cheaper to build a wind farm than to keep an old coal generator running, and by 2036 […]
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The true picture of Energiewende, Sins & Losses of Big Oil, China’s Peak Coal, Divestment Ticker Germany is celebrated internationally as a role model for a successful energy transition. Its role has certainly be instrumental in enabling the worldwide breakthrough of renewables, but in the recent years many things have been going wrong. President of the Energy Watch Group […]
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New studies show that the fossil fuel dependent countries can switch to fully renewable electricity systems and achieve zero-carbon emissions till 2050. March 17, 2017, Berlin/Lappeenranta – In India, Iran and Nigeria electricity supply fully based on renewable energy sources and storage is feasible until 2050 and is more cost-efficient than other existing energy supply […]
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