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WHAT'S NEXT?: By 2025 solar energy will be the cheapest energy option globally. In 2040, oil and natural gas are expected to make up nearly 60 percent of global supplies, while nuclear and renewables will be approaching 25 percent. Improvements in energy efficiency in lighting and home appliances are expected to continue to push residential electricity use lower. The burning of coal will fall out of favor. Transportation energy consumption will be rising in correlation to growth in automated vehicles in the coming years.

  • [New] Investments to scale up energy production with cheap electric power from renewable sources are not only an opportunity to reduce emissions, but also to achieve more economic growth - particularly for the poorest places in the world. /
  • [New] In the coming years most of the additional demand for new electricity will come from low- and middle-income countries; we have the opportunity now to ensure that much of the new power supply will be provided by low-carbon sources. /
  • [New] Global development of offshore wind resources has accelerated as part of a broader shift to lower emissions energy sources, with combined global targets expected to drive the addition of 200 GW of offshore generation capacity by 2030. / reneweconomy
  • [New] Australia is letting a vast abundance of high-quality wind energy go to waste, due to government prohibitions on offshore wind developments, and lifting them could unlock more clean energy than Australia could ever need. / reneweconomy
  • [New] Democrats in Congress are pushing a separate $3.5 trillion budget resolution that would include more clean energy and climate funding and could pass without any Republican votes under Senate rules. / Smart Cities Dive
  • [New] Putting renewable energy on land creates more American jobs, does not put commercial fisheries out-of-business, is more secure and does not come with all the environmental risks of offshore wind. / E&E News
  • [New] According to the scenario projecting the largest reduction of CO 2 emissions, which features a dominant participation of renewable energies, up to 20,958 jobs can be created in the Chilean energy sector by 2026. / Science Direct
  • [New] Azerbaijan's energy ministry has announced plans to increase the level of renewable capacity to 30% by 2030, and has signed agreements with 11 international energy groups to develop renewable energy plants. / Eurasianet
  • [New] In 2019, approximately 580 million populace in Sub-Saharan Africa did not have access to electricity, accounting for three-quarters of the total production, while renewable energy is anticipated to account for 22% of Africa's total energy consumption by 2030. / Running Africa
  • [New] India, the world's 3rd largest emitting nation, has set an impressive target of building 450 gigawatts of renewable energy by 2030. / United States Department of State
  • [New] Ramping up renewable energy from wind and solar by four times what it is today to reach 1,000 GW installed per year in 2030. / United States Department of State
  • [New] Even in the case of an accelerated energy transition, McKinsey anticipates a global refining sector producing 94 MMb/d of liquids in 2035. / Energy Norther Perspective
  • [New] Americans will be entangled in the plans to promote an energy transition that follows a model designed by Germany. / BiznesAlert EN
  • [New] Kerala's Agency for New and Renewable Energy will lead implementation of the project, which is likely to involve a number of key local and national agencies in India. / Global Energy News
  • [New] China has proposed a target of carbon neutrality by 2060, and is expected to widely use sodium-ion in a variety of sectors including: electric vehicles, home or industrial energy storage, 5G communication base stations and renewable energy. / bestmag
  • [New] To reduce emissions, the Canadian goverment will invest up to $35 million for projects led by the British Columbia Center for Innovation and Clean Energy. / Offshore Energy
  • [New] The Cambo oil field project contradicts recommendations made by the International Energy Agency, which has called for no investment in new fossil fuel supply projects if the world is to reach net zero emissions by 2050. / The Independent
  • [New] The Indian government set an aim to achieve 175 GW of renewable energy capacity by 2022, of which 40 GW is slated to be generated through rooftop solar panels. /
  • [New] The switch to cleaner, cheaper power will benefit all of us, and the transition to renewable energy in Australia is happening faster than many of us anticipated. / RE-Alliance
  • [New] The International Energy Agency made clear that the net zero goals will be nearly impossible without CCUS because we need to drive down emissions which requires 7.6 s gigatons of CO2 to be captured globally. /
  • [New] Energy use around the world is highly unequal, and as lower - and middle-income countries develop it seems virtually certain that their demand for energy will rise. / GAVS TECHNOLOGIES
  • [New] India,s buiilding sector is second largest consumer of electricity after industry but it is expected to become the largest energy consuming sector by 2030. / Indian PSU

Last updated: 23 July 2021