AMPYR Energy USA’s Post

'The global energy watchdog has predicted that investment in clean energy including renewables and nuclear power as well as electric vehicles, power grids, energy storage, low-emissions fuels, efficiency improvements and heat pumps will reach $2tn this year. The global clean energy investment figure, which topped fossil fuels for the first time last year, is likely to be double the $1tn forecast for coal, gas and oil in 2024, the IEA said. “For every dollar going to fossil fuels today, almost $2 are invested in clean energy,” said the IEA’s executive director, Fatih Birol.' https://lnkd.in/dasg9miX

Global investment in low-carbon electricity will rise to 10 times as much as fossil fuel power this year due to an increase in spending on solar projects, according to the International Energy Agency. The global energy watchdog has predicted that investment in clean energy including renewables and nuclear power as well as electric vehicles, power grids, energy storage, low-emissions fuels, efficiency improvements and heat pumps will reach $2tn this year. The global clean energy investment figure, which topped fossil fuels for the first time last year, is likely to be double the $1tn forecast for coal, gas and oil in 2024, the IEA said. https://lnkd.in/eWffv3XX

“Total energy investment worldwide is expected to exceed US$3 trillion in 2024 for the first time, with some $2 trillion set to go toward clean technologies—including renewables, electric vehicles, nuclear power, grids, storage, low-emission fuels, efficiency improvements, and heat pumps,” the International Energy Agency (IEA) writes in a summary of its 2024 World Energy Investment report. https://bit.ly/4cfX7UT

🔋 | Investment in clean energy likely to be double figure for fossil fuels in 2024, IEA says Global investment in low-carbon electricity will rise to 10 times as much as fossil fuel power this year due to an increase in spending on solar projects, according to the International Energy Agency (IEA). The global energy watchdog has predicted that investment in clean energy including renewables and nuclear power as well as electric vehicles, power grids, energy storage, low-emissions fuels, efficiency improvements and heat pumps will reach $2tn this year. Read more: https://lnkd.in/eVbqSSAw #cleanenergy #renewable #solar #solarpower #IEA #Nuclearpower #netzero #lowemissions #energystorage #BESS

Reliable and affordable natural gas can play a vital role in our transition to a cleaner future by working together with #renewables. Unlike coal or nuclear, #NaturalGas power plants can turn on and off within minutes, allowing the grid to quickly meet our energy demands and avoid blackouts when wind or solar can’t produce energy. Read more from the Progressive Policy Institute:

Investment in clean energy likely to be double figure for fossil fuels in 2024: https://bit.ly/45maL69 This article discusses how investment in clean energy is likely to be double for fossil fuels in 2024, IEA says: It is predicted that investment in clean energy including renewables and nuclear power as well as electric vehicles, power grids, energy storage, low-emissions fuels, efficiency improvements and heat pumps will reach $2tn this year. At the Lisbon Energy Summit & Exhibition 2025, speakers at its 3-day conference, will discuss policy and strategies that will mobilise public and private capital, and accelerate investment towards a low carbon future. Find out more by registering your interest for the Lisbon Energy Summit & Exhibition 2025: https://bit.ly/ryi #LESummit #Decarbonisation #energyinvestment

For the first time, # global #energy investments are projected to surpass $3 trillion in 2024! Out of this, an impressive $2 trillion will be funneled into clean technologies like renewables, #electric vehicles, # nuclear power, and more. This marks a significant milestone, as investment in renewable power and grids has now overtaken fossil fuels. Discover more insights from the IEAs latest World Energy Investment report. #powergeneration #cleanenergy

This week’s release of the Australian Energy Market Operator’s plan to power Australia is clear: we've got to ramp up renewables  now, nuclear is a no-go, and we're already well on the way to cutting climate pollution thanks to clean energy solutions like solar, wind, and batteries.  #SayNoToNuclear #Auspol #RenewableEnergy We break it down here:

CSIRO's GenCost Report In a groundbreaking report, CSIRO reveals that renewable energy sources are sustainable and more cost-effective than fossil fuels and nuclear power. This aligns with the global trend towards cleaner energy solutions. The report projects a significant decrease in power costs for households as we transition to a grid dominated by renewables. This is a crucial consideration for businesses and policymakers as we navigate towards a greener, more sustainable energy landscape. You can read the full draft GenCoast report here: https://lnkd.in/gPiCHDx3 #RenewableEnergy #SustainableBusiness #EnergyEconomics #CSIRO"

Whenever there is a mention of wind and solar power it seems that the first thing people say is, “Sure it’s great when the wind is blowing, and the Sun is out but what are you going to do when it’s not?” And yes, wind and solar is not an on-demand baseload energy in the same way as coal or nuclear. But does that mean it cannot be part of the “baseload” future? Check out the latest The Grove article "Big Batteries" on the move to green energy and how wind and solar will be part of the mix. https://lnkd.in/egcmZWDx #solarenergy #windenergy #greenenergy #energysolutions #LDES #energystorage #energystoragesystem #energystoragebattery #baseload #peakload #energyinnovation