Power sector emissions in the EU fell by a record 19 per cent in 2023 as a result of sharp falls in both coal- and gas-fired generation, according to a report from the climate think tank Ember.
Six EU countries (Austria, Belgium, France, Germany, Luxembourg, and the Netherlands), along with Switzerland, have signed a commitment to end carbon emissions in power generation by 2035.
The agreement reached at COP28 was, in some ways, a milestone, in that for the first time for nearly 30 years, specific mention of fossil fuels has been made.
The COP28 talks have been the first to directly mention fossil fuel usage in a global climate agreement. However, countries have been wrangling over the text of this agreement.
Innovation funding is the crucial missing piece of the puzzle needed to start driving clean energy technologies forward at the pace required.
By Andrew Keen, Head of Content, Energy & Resources, Industrials at Edison Group
A new report from Carbon Brief suggests that China’s carbon emissions will decrease in 2024 due to a significant increase in clean power generation.
Research by the energy think tank Ember indicates that around half of the world’s economies have already passed their peak in power generation from fossil fuels.
Calpine has opened a carbon capture demonstration pilot project at its 500 MW Los Medanos Energy Centre CCGT in Pittsburg, California, USA.
GE Vernova’s Gas Power business and Northern Lights, a Norwegian company developing infrastructure for cross-border CO2 transport and storage in Europe, have signed an MOU to enable development of carbon capture and storage (CCS) solutions.
Pham Minh Chinh, Prime Minister of Vietnam, has approved a $134.7 billion power plan for this decade for new power plants and grid networks.