The world’s demand for oil, gas, renewables, coal, nuclear and hydropower hit a record high in 2024, with all growing year-on-year for the first time in nearly two decades, according to a new report by the London-based Energy Institute (EI). The 74th edition of the Statistical Review of World Energy found that together wind and […]
For the first time, a surge in China’s renewable energy output has led to a drop in the country’s carbon emissions, despite rapidly increasing power demand. The emissions decline marks a major milestone in China’s energy transition, according to an analysis by Lauri Myllivirta, lead analyst and co-founder of the Center for Research on Energy […]
China’s National Energy Administration has announced that the country’s solar and wind energy capacity has exceeded that of thermal energy — which is mostly coal-powered — for the first time. The largest greenhouse gas emitter in the world, China has pledged to achieve peak carbon emissions by the end of the decade and become carbon […]
Energy production in China is pitting renewables and coal against each other, while holding back advances in energy production, said a new analysis from the Centre for Research on Energy and Clean Air (CREA) and Global Energy Monitor (GEM). China is both the biggest emitter of carbon dioxide and the largest renewable energy producer in […]
According to a new report from BloombergNEF, global clean power costs could fall between 2% and 11% this year, despite tariffs. Even with potential trade barriers, the “Levelized Cost of Electricity” report estimated that clean energy costs for technologies such as wind, solar and battery storage will decrease 22% to 49% by 2035. Much of […]
Prices may soon increase at the pump due to tariffs on gas imported from Mexico and Canada enacted by President Donald Trump. President of Mexico Claudia Sheinbaum has reached a deal with the Trump administration to delay the tariffs for a month, while import duties on Canadian and Chinese goods will go into effect on […]
China’s electric vehicle (EV) industry has reached a new milestone, with 2024 marking the 10th year in a row that the country had the best EV production and sales record in the world, said the vice minister for industry and information technology, as Yicai reported. EV sales in China rose by roughly 40 percent compared […]
China broke its own records for the installation of new solar and wind power last year, with installed capacity increasing by 18 and 45 percent, respectively, according to new data released by the country’s National Energy Administration (NEA) on Tuesday. Solar and wind power surpassed 1.4 billion kilowatts (KW) in 2024, reported China Daily, adding […]
Nearly half of climate experts — 44 percent — believe China’s carbon dioxide emissions may have already peaked, or will peak in 2025 at the latest, according to a new report from think tank Centre for Research on Energy and Clean Air (CREA). China’s carbon emissions are also on track to increase slightly this year, […]
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