In brief | 24 September '24
IRENA: Record growth drives cost advantage of renewable power
Eighty-one percent of renewable additions in 2023 were cheaper than fossil fuel alternatives, offering countries a compelling business and investment case to triple renewables by 2030.
New IEA report shows tripling renewables and doubling energy efficiency are feasible with the right enabling conditions.
PIK: Earth exceeds safe limits: First Planetary Health Check issues red alert
Researchers’ Planetary Health Check shows that critical Earth’s systems functions are at risk, with six of nine planetary boundaries breached and the imminent breach of a seventh, and a clear trend towards further transgression.
EU Commission: Eurobarometer survey shows Europeans are taking action to save energy and embrace clean energy
The survey canvassed EU citizens’ opinion about a range of issues relating to EU energy policy.
Reuters: Shell shelves Norway hydrogen project due to lack of demand
Shell has scrapped plans for a low-carbon hydrogen plant on Norway's west coast due to a lack of demand, the energy company said days after Equinor cancelled a similar planned project in Norway.
Bloomberg: EU to subsidise green bond issuance in poorer countries
The European Union will help reduce the costs of issuing green bonds in poorer countries, European Commission President Ursula von der Leyen said.
FT: Farming must pay for its emissions, says EU chief climate scientist
‘Price signal’ is needed to reduce agricultural greenhouse gases and meet bloc’s targets.
Reuters: Northvolt to axe 1,600 jobs as Europe's EV hopes stall
Northvolt plans to cut 1,600 jobs at its base in Sweden, or about a fifth of its global workforce, as Europe's biggest hope in the electric vehicle battery market struggles with production problems, sluggish demand and competition from China.
Ember: The UK’s journey to a coal power phase-out
The UK’s era of coal-free power begins on the 1st October 2024, following a rapid decline over the last 12 years which has seen power sector emissions plummet by three quarters.
E3G: Consigned to history: the UK delivers on its promise to phase out coal power
The birthplace of coal powered electricity generation is now on the verge of becoming coal power free. The Ratcliffe-on-Soar coal power plant in Nottinghamshire will close at the end of this month.
Reuters: Austria election brings into focus Russian gas habit and a sputtering economy
The government that takes power in Austria after next Sunday's general election will face growing pressure to diversify its energy supply away from dependence on Russian gas, just as the economy is stuck in reverse gear.
