Exciting news for the climate! Renewables reached a record 30% of global electricity generation in 2023, driven by a solar boom. This surge, coupled with record wind farm construction, suggests we've hit peak fossil fuel use for electricity. The future looks bright for clean energy, with continued growth in solar and wind projected to push down emissions in the coming years ☀️🌬️ #cleanenergy #ESG
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”Circular Economy Queen of Sweden” LinkedIn Top Voice. Keynote speaker. CIO of circular economy network Cradlenet, Co-founder & Managing Partner of Nordic Circular Hotspot. Fights for a circular and sustainable future!
☀️Lovely! “Renewable energy accounted for more than 30% of the world’s electricity for the first time last year following a rapid rise in wind and solar power, according to new figures. ⚡️New report says humans may be on brink of cutting fossil fuel generation, even as demand for electricity rises. ❌📉Clean electricity has already helped to slow the growth in fossil fuels by almost two-thirds in the past 10 years, according to the report by climate thinktank Ember. It found that renewables have grown from 19% of electricity in 2000 to more than 30% of global electricity last year. 📈World leaders are aiming to grow renewables to 60% of global electricity by 2030 under an agreement struck at the UN’s Cop28 climate change conference in December. ⬆️This would require countries to triple their current renewable electricity capacity in the next six years, which would almost halve power sector emissions.” ♻️🤔As a circular economy expert I’m always worried about where the materials for all this infrastructure will come from and how it will produced. It would be interesting to know if we could use some of the discarded fossil infrastructure to build the renewables with. 👉What are your thoughts about this? Please share! #energy #solar #renewable #growth #circulareconomy Cradlenet
Renewable energy passes 30% of world’s electricity supply
theguardian.com
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🌍🔋 A recent report by Ember highlights a game-changer: BESS could save the EU a staggering €9 billion annually in gas costs by 2030. As Europe faces ongoing energy challenges, the transition to renewables isn’t just a matter of sustainability - it’s a financial imperative. Energy storage is the linchpin that allows us to harness renewable energy efficiently. With the ability to store surplus power and stabilise the grid, BESS is proving to be not only environmentally sound but also economically essential. This is a massive opportunity for everyone working in energy storage. The demand for skilled talent in the space is only set to rise. If you’re passionate about being at the forefront of the energy transition, now is the time to get involved. Get in touch: emilia.valoskova@pangea-ts.com #BatteryStorage #EnergyTransition #BESS #RenewableEnergy #Recruiting #Sustainability #GreenEnergy #CleanTech Matt Anders Oliver Fallows
BESS could save EU €9 billion a year in gas costs by 2030, says Ember
https://www.energy-storage.news
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🚀 You Won’t Believe How Renewables Are Set to Transform Our World by 2024! 🚀 Renewable energy is hitting a groundbreaking milestone, powering over a third of the globe! Dive deep into how solar and wind are leading this green revolution and the role of policy support across nations. With China's unprecedented growth and record-breaking increases in the US, Europe, and Brazil, we're on a fast track to slashing CO2 emissions and achieving our net-zero dreams. What's in store for Illinois? Find out how you can contribute to this monumental shift towards sustainability. Check out our latest blog, "The Rise of Renewables: Powering a Third of the World by 2024," for the insider scoop on this global transformation. 👉 #RenewableRevolution #SustainableIllinois #GreenEnergy #FutureIsNow
The Rise of Renewables: Powering a Third of the World by 2024 - Tynergy
tynergy.com
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#3xRenewables by 2030 and 5x by 2035 requires $2 Trillion per year of investment in generation and grids. "The renewables industry stands ready to deliver on the global tripling goal. However, in order to get there in time, we need governments to take urgent action to turbocharge an already buoyant renewables market. Public finance is key, especially international support to provide access to low-cost capital for emerging markets to join the renewables era, ensuring a clean, secure and just transition for all.” Read the full Climate Analytics report here:
‘$2tn a year needed to hit COP28 goals’
renews.biz
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🌱 Here's a breath of fresh air: the UK's wind farms are truly revolutionising our approach to energy! In the first quarter of 2024, wind power generation soared to new heights, contributing an impressive 39.4% of total electricity generation. 🍃 That's wind's power overtaking fossil fuels - a remarkable milestone in our green journey! With fossil fuel generation hitting record lows, we're witnessing the incredible potential of renewables to shape our sustainable future. It's not just about technology; it's a collective endeavour of hearts, minds, and diligent collaboration. 💡 The UK's march toward net-zero by 2050 is on an exciting path, highlighting commitment and progress that speak volumes about what we can achieve together. What will you do to support the renewable revolution? Share your green ideas below! 💬 #RenewableEnergy #SustainableFuture #ClimateAction
Renewable Electricity Generation Outpaces Fossil Fuels for Record Time Span in UK
ecowatch.com
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🌍 EU Hits Renewable Energy Milestone! 🌍 Renewables now provide over 30% of the EU's electricity, surpassing fossil fuels. This achievement highlights the rapid growth in solar and wind energy, with the EU now generating 44% of its electricity from renewables. Chris Rosslowe, Senior Energy & Climate Analyst at Ember has said “We are witnessing a historic shift in the power sector, and it is happening rapidly.” This shift highlights a critical pivot in energy policy, signalling the beginning of the end for fossil fuel dominance in the EU. The trend is expected to accelerate, driving a sustainable energy future. Great news, and fingers crossed more milestones keep getting broken over the coming years #RenewableEnergy #Renewables #Sustainability #CleanEnergy #ClimateAction #EU #solarpv #onshorewind #BESS
Wind and solar energy overtake fossil fuels to provide 30% of EU electricity
theguardian.com
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The clean energy revolution is accelerating! ☀️⚡ For the first time ever, renewable energy sources accounted for over 30% of the world's electricity. This incredible milestone suggests we're on the verge of finally reducing our reliance on fossil fuels. Key takeaways from Ember's new report: - Solar power is booming: It was the fastest-growing electricity source for the 19th year in a row! - Fossil fuel decline is now inevitable: Clean energy is poised to drive a 2% decrease in global fossil fuel generation in the coming year. We've got a long way to go: Doubling (or even tripling) our renewable capacity in the next few years is crucial for meeting climate goals. Are you working in the renewable energy sector? Share your thoughts on this huge turning point. How can we accelerate the transition even faster? #renewableenergy #cleanenergy #sustainability #climatechange #solarpower
Renewable energy passes 30% of world’s electricity supply
theguardian.com
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Energy Transition: A Complex Puzzle 🌿☀️🌬️ The movement towards a sustainable future is an intricate challenge. As we confront the escalating demands for energy amid climate concerns, a decisive step is clear: Total pivots to net-zero by 2050. But how? Total's roadmap intertwines with society's progress, and here's where renewables step into the limelight. Solar, onshore and offshore wind - these aren't just alternatives Solar energy, harnessing the sun's inexhaustible rays, offers a bountiful supply, especially in regions graced with year-round sunlight. Onshore wind, a proven stalwart in the renewable arena, benefits from significant advancements in efficiency and cost reductions. It's scalable and can be deployed across diverse landscapes. The offshore wind is the game-changer in areas with strong, consistent breezes. Its potential is unmatched, and while it may command higher initial investments, the long-term rewards justify every penny. Total's path to 2050 is layered. It involves engaging dialogue with stakeholders, meticulous planning, and an unrelenting pursuit of technologies that will serve generations. Together, let's illuminate the way to a cleaner, brighter, more resilient tomorrow. #RenewableEnergy #NetZeroFuture #SustainableInnovation
Energy Transition: A Complex Puzzle - Total
totalenergies.com
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Recent figures have revealed that renewable energy accounted for more than 30% of the world's electricity for the first time last year, as a result of the rapid rise in wind and solar power. According to climate thinktank Ember, the rise in clean electricity has helped slow down the growth of fossil fuels by almost two-thirds in the past 10 years. At Bruton Knowles, we are passionate about setting the stage for a future that prioritises sustainable solutions and forward-thinking growth. We are committed to advising our clients on the best renewable energy options that not only benefits them, but the UK as a whole. Read more below⬇️ https://lnkd.in/eiMQzjbp #RenewableEnergy #Sustainability #Surveyor
Renewable energy passes 30% of world’s electricity supply
theguardian.com
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Editor, PracticalESG.com & Director of Sustainability - CCRcorp; Author - Killing Sustainability; Recovering non-financial auditor with 40 years experience in environmental and sustainability management.
The #renewableenergy world faces big, big challenges. That is a problem for companies expecting to reduce their #scope2 #emissions #carbon #ghg #sustainability #esg #climate
"New IEA Report: Mixed News on Renewables Clouds Scope 2 Improvements" A new blog post by Editor Lawrence Heim (including a summary from Net Zero Investor and the annual report from International Energy Agency (IEA)). #climate #sustainablefinance #sustainability #supplychain https://bit.ly/3vJ1bMZ
New IEA Report: Mixed News on Renewables Clouds Scope 2 Improvements - PracticalESG
practicalesg.com
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