Solar is now ‘cheapest electricity in history’, confirms IEA
The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.
The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.
The world’s best solar power schemes now offer the “cheapest…electricity in history” with the technology cheaper than coal and gas in most major countries.
The world’s CO2 emissions are set to continue rising for decades unless there is greater ambition on climate change, despite the “profound shifts” already underway in the global energy system.
That is one of the key messages from the International Energy Agency’s (IEA) World Energy Outlook 2019.
The world may never again use as much coal as during a peak in 2014, according to the latest World Energy Outlook from the International Energy Agency (IEA).
The global energy system is in a state of flux. Renewables are experiencing rapid deployment and steep pricefalls. A growing portion of global energy is provided by electricity. There’s a slow, but apparently inexorable move away from coal in China. And there’s a surge in natural gas and oil production in the US.
On 16 November 2016 the International Energy Agency (IEA) presented its annual ”World Energy Outlook” report (WEO-2016).
You want $40 oil? Yes, please. But according to the World Energy Outlook 2015 of the International Energy Agency, recently released in London, that would mean 3 mb/d less US tight (shale) oil by 2020.
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Five years ago I wrote a summary of what the report has been telling us from 2005 – 2009, concerning issues related to peak oil: The IEA and World Oil Supply Projections. Given that another 5 years have passed, I offer an update, which will bring us to today’s release of the 2014 World Energy Outlook.