EPR Magazine’s Post

Vietnam's #ElectricityPrices are set to rise further as Vietnam Electricity anticipates a second consecutive year of losses, while pledging no more #PowerShortages and more active renewable energy trading.

If battery energy storage costs fall 15% every year on an average, it would enable India to potentially limit its coal capacity to the 14th National Electricity Plan projection of 260 GW by 2032, says a new report by global think tank Ember and TERI. #solarenergy #india #solarpower

The average consumer will likely not face a marked increase in his electricity bills when #Singapore begins its renewable energy imports over the next few years, since the clean power will mostly be purchased by companies looking to slash their emissions. The imported electricity – produced from sources such as solar, wind and hydropower – is expected to be priced at a premium, as a result of the hefty price tag that comes with the necessary battery storage solutions and electricity transmission cables.

Coal fired electricity generation is almost finished in the United Kingdom. That's a big change from previous eras when coal was a major source of generation and helped fuel economic growth. Renewable and Gas electricity generation are now the main fuel sources for electricity in the UK. Will this trend continue? How much has the energy transition away from coal cost the UK (and delivered social and economic benefits)? Excellent article by Tom M. and Carl Kitchen! https://lnkd.in/gYu5ba4z

Wind and solar electricity generation growing in Europe as coal and gas power generation decline substantially. Wind and solar do not require expensive importation of fuel, particularly from Russia.

"State utility Vietnam Electricity (EVN) has rejected a Reuters article which quoted two sources as saying that Vietnamese authorities have called on Apple supplier Foxconn to voluntarily cut power use by 30% at its assembly plants in the north of the country. [...] Regarding sources, coal-fired power accounted for the biggest portion of 56.89 billion kWh, or 59.2% of the total; followed by renewable energy with 14.55 billion kWh, or 15.1% (solar power with 9.26 billion kWh and wind energy with 4.78 billion kWh); hydropower with 14.41 billion kWh, or 15%; and gas-fired power with 8.52 billion kWh, or 8.9%. The imported power was 1.56 billion kWh, or 1.6%." Ministry of Planning and Investment, Vietnam Ministry of Industry and Trade Vietnam Apple Foxconn https://lnkd.in/gBGfSNEW

Grid batteries will accelerate capacity utilisation of solar (and coal and gas phase out.)

UK Ends Power Generation from Coal After 142 Years! From the world’s first coal-fired power station in 1882 to zero coal in 2024 ! I remember the days of reading and referring to CEGB manuals for thermal power plant operation and maintenance—an era when coal was the backbone of energy generation. But now, the UK has officially ended power generation from coal after 142 years, marking a shift towards greener alternatives. The energy gap left by coal is being filled by wind, solar, and gas... yes, gas. As India aims to increase natural gas usage to 500 MMSCMD by 2030, we may think about its role in power generation. Gas is cleaner, but domestic supply, LNG imports, and high costs present challenges compared to coal. With renewables, hydrogen, and biofuels on the rise, can India skip gas and leap to cleaner technologies? The energy transition is complex, but a mix of gas and renewables may shape the future. What's your take—will gas power India's future, or should we aim differently ? #EnergyTransition #NaturalGas #UKCoalEnd #RenewableEnergy #CleanEnergy #IndiaGrowth #SustainableFuture #PowerGeneration #Hydrogen

SEE region electricity market report for Week 34: Decreased demand, variable renewable output and increased net imports #Electricity #ElectricityMarket #ElectricityTrade #Hydro #RenewableEnergySources #Solar #SoutheasternEurope #Thermal #Wind https://lnkd.in/d_tQkPr7

For the first time, fossil fuels generated just 23% of the EU’s electricity in April 2024, a sharp decline from April 2023! This reduction led to a remarkable 22% year-on-year decrease in power sector emissions. The EU’s renewable energy sources reached a record 54% share, with wind and solar alone generating over a third of the electricity mix. Germany led the drop in fossil generation with a 4.8 TWh reduction, accounting for 32% of the total decrease throughout the EU. Italy followed with a 2.2 TWh reduction. These downward trends reflect the broader one across the EU towards cleaner energy sources. Despite a slight recovery in electricity demand since October 2023, fossil generation is down 18% year-on-year for the first four months of 2024. This significant reduction in fossil fuel reliance and the drop in emissions underscores the EU’s strong commitment to a sustainable future. This clearly signals that the EU’s electricity transition is in full swing! 👇 Read more in the article by Kostantsa Rangelova, Global Electricity Analyst; Nicolas Fulghum, Data Analyst; Josie Murdoch, Project Manager at Ember.