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Tag: world energy
Wind energy increasing share of world electrical production
2016-04-20 11:00:00| Climate Ark Climate Change & Global Warming Newsfeed
Globe and Mail: Wind-power projects around the world accounted for almost half of the new electrical generating capacity installed in 2015, as the cost of turbines fell and pressure mounted to cut greenhouse gas emissions. After last years building spree, wind power now makes up about 4 per cent of the global supply and could represent almost one-third of electrical production by 2050, according to a report released on Tuesday by the Global Wind Energy Council, which represents companies and national associations...
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Renewable energy could save world billions
2016-03-17 18:54:00| Climate Ark Climate Change & Global Warming Newsfeed
Irish Examiner: Boosting renewable energy generation to meet global climate goals could save as much as $4.2trn (3.75trn) a year by 2030, according to a report asking lawmakers to strengthen clean energy policies. Doubling the share of renewables in the worlds energy mix to 36% between now and 2030 would cost $290bn (261bn) a year and limit global warming to below two degrees celsius, according to the Abu Dhabi-based International Renewable Energy Agency report published yesterday. Mitigating against the harmful...
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World Largest Energy Trader Sees Decade of Low Oil Prices
2016-02-07 23:46:00| Climate Ark Climate Change & Global Warming Newsfeed
Bloomberg: Oil prices will stay low for as long as 10 years as Chinese economic growth slows and the U.S. shale industry acts as a cap on any rally, according to the worlds largest independent oil-trading house. "Its hard to see a dramatic price increase," Vitol Group BV Chief Executive Officer Ian Taylor told Bloomberg in an interview, saying prices were likely to bounce around a band with a mid-point of $50 a barrel for the next decade. "We really do imagine a band, and that band would probably naturally...
World Energy Council Forecasts 70% Drop in Energy Storage Costs by 2030
2016-01-25 17:17:00| Transmission & Distribution World
A new report from the World Energy Council with lead authors from DNV GL forecasts strong growth in global adoption of electrical energy storage. read more
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Millions urge world leaders to adopt 100% clean energy by 2050
2015-11-28 13:59:00| Climate Ark Climate Change & Global Warming Newsfeed
Business Times: A 'mega climate petition' calling on countries to shift to 100% renewable energy by 2050 has gathered more than 3 million supporters ahead of COP21. The UN climate conference begins on 30 November (Monday) in Paris, bringing together more than 120 world leaders in an attempt to reach a universal agreement on global warming. Ahead of the climate summit, a petition organised by campaign group Avaaz.org has gathered 3,174,764 signatures. Calling on global leaders to phase out carbon pollution to...
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