Global Energy Monitor

For the first time, fossil fuels in #BRICS countries will drop below half of total installed power capacity. 🌍 🔋 Wind and solar are leading the charge, with 1,550 GW in development—double the capacity of coal, oil, and gas. In 2024, 72 GW of fossil capacity is scheduled to come online, while 190 GW of non-fossil has already been added. Yet, fossil fuels still persist, with all BRICS countries (except Ethiopia) building new coal, oil, or gas plants. Discover more in our latest briefing: https://lnkd.in/eYj-Zkq4

ICYMI: Sophia Bauer, Project Manager for GEM's Global #Bioenergy Power Tracker, recently appeared on The Energy Mixx Radio Show! 🎙️ She shared insights from one of our latest briefs on the sevenfold surge in bioenergy capacity across Japan and South Korea. 🇯🇵🇰🇷

Pop quiz: how many GEM trackers are referenced in the recent International Energy Agency (IEA) #WEO24? 🤔 . . . . Six! Sign up to get data updates and insights from each: 🌬 Global Wind Power Tracker https://lnkd.in/es-zU6Bz ☀ Global Solar Power Tracker https://lnkd.in/dhP8KsGq 🚧 Global Coal Mine Tracker https://lnkd.in/dQPN5T5 🏗 Global Steel Plant Tracker https://lnkd.in/dZk8-x3 🏭 Global Coal Plant Tracker https://lnkd.in/g83mc3YK 🛢 Global Oil and Gas Plant Tracker https://lnkd.in/dbVfm_8J

Mexico and Argentina are planning significant #LNG export capacity expansions that could position #LatinAmerica as a major LNG exporting region. Mexico's buildout, largely reliant on gas from the U.S. Permian Basin, is estimated at US$54.3 billion, making it the third-largest slate of such projects globally, with a capacity of 73.6 million tonnes per annum (mtpa). Argentina is also advancing its LNG plans, with a proposed US$30 billion terminal that could significantly enhance the region’s export capabilities. However, these rapid expansions raise serious concerns about the region's energy future. With abundant renewable resources available, these investments risk locking Latin America into costly stranded assets and increasing exposure to volatile energy markets. Learn more in our latest report: https://lnkd.in/eFivhMBM

Global Energy Monitor is hiring! Visit our jobs site to apply today for the following positions: ▪ Program Director, Renewables & Other Power This role will provide strategic leadership and managerial oversight for the Renewables & Other Power department. This team focuses on producing global facility-level datasets that reflect the current and future utility-scale solar, wind, hydropower, geothermal, bioenergy, and nuclear landscapes. Apply here ➡ https://lnkd.in/gEccgBhH ▪ Data Visualization Analyst This role will be responsible for enhancing GEM’s storytelling across our external communications — including print, digital and interactive content — by furthering a strategic approach to data visualization. Apply here ➡ https://lnkd.in/gnmxwnuz #hiring #global #energy #environmental #nonprofit #director #analyst #leadership #data #dataanalyst #programdirector #renewable #communications

Hats off to the collaboration between GEM's Anna Mowat and Joachim Kattrup at Danwatch. Great to see our work drive accountability and transparency in the fight against climate change. 

Private equity firms like Carlyle, Brookfield, and EIG are responsible for a staggering 1.17 gigatons of CO2 emissions annually. The new 2024 Private Equity Climate Risks Scorecard shows these firms are still deeply invested in fossil fuels, with 67% of their energy portfolios tied to coal, oil, and gas. Despite claims of sustainability, these firms are doubling down on dirty energy and exposing themselves—and their investors—to significant financial and climate risks. It’s time for transparency, accountability, and real climate action from private equity. https://lnkd.in/eSRiHyZG

Private equity continues to drive the climate crisis. The top 21 firms in the new 2024 Private Equity Climate Risks Scorecard and Report, including Carlyle, Brookfield, and EIG, are responsible for over 1.17 gigatons of emissions annually. 67% of their energy portfolios are tied to fossil fuels, despite growing demands for climate accountability. These firms are failing to align with the 1.5°C climate target, putting our planet and financial markets at risk. Read the full report here: https://lnkd.in/eSRiHyZG

The #UK is on the verge of entering its #coal-free era, as it shuts down its last remaining operating coal-fired power plant today. A significant milestone in the UK’s clean energy transition, the country is the first member of the #G7 to retire all its coal power. Still, as Christine Shearer tells Reuters today, "there is a lot of work to do... particularly in Japan, the U.S., and Germany" to meet phase-out commitments. https://lnkd.in/eVrAnbfy  

🚨📉 Fresh data drop! ⤵️ The updated Global #Bioenergy Power Tracker now includes: 📈 667 new units 🌍 6 more countries ⚡ 11.9 GW boost in global capacity 🔍 Expanded coverage of municipal waste bioenergy in 🇨🇳 📥 Explore the latest data: https://lnkd.in/erAhdPFC