transforming the energy system towards renewable and climate-neutrality
USA rejoining the Paris Agreement is great. However, this needs to be underpinned with significant action. Therefore the Biden Administration is, among other objectives, determined to make the U.S. power supply carbon neutral by 2035. Current situation: ⁓40% of US power supply is carbon neutral; made up of pretty similar shares of renewables and nuclear... Continue Reading →
Insights based on a recent IEA assessment of 243 plants in 24 countries:- RES generation costs (based on levelized cost of electricity (LCOE)) continue to decrease- even with assumed moderate emission costs of USD 30/tCO2 they are now - for green fields - competitive with dispatchable fossil generation in many countries- onshore wind is expected... Continue Reading →
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