Energy & Grid Management
According to a new report from Greenpeace, and the North China Electric Power University, China’s data centres appear to pose a threat to global decarbonisation.
The power generation market is awash with misconceptions. Not least of which is the misconception about who “invented” electricity – noting of course that electricity is a form of energy and it occurs in nature, so technically it was never “invented”, but more accurately it was “discovered”.
That’s according to the UK government’s Department for Energy Business and Industrial Strategy, (BEIS), which has released figures showing that coal-powered generation was a record 63% lower for the period, which would cover the spring season in the country.
Global economic ratings agency Moody’s opinion of US coal took an unexpected dive when the agency, citing an expected 3% decline in earnings in the second half of 2019, downgraded the industry’s trading rating, after reporting the sector as being stable in July.
Installed renewable energy capacity in the US is set to increase to 443GW by 2030, double the current capacity, according to a new study by research firm Global Data.
Business / Finance / Regulation
India expects coal-derived power will grow in capacity by 22% by the end of 2022, putting climate change goals, just recently reported as being on-track, in severe jeopardy.
EnAppSys says that high carbon taxes in Britain were the key reason why the UK’s electricity system has run without coal for the last two weeks – and it adds that further no-coal records could be broken should these taxes remain at current levels.
For the first time in just shy of two-and-a-half weeks, on Tuesday 4 June 2019, the UK had to revert to using coal power to meet the country’s energy needs.