Archive: Renewable energy
A new report warns of trillions in oil and gas revenues at risk by 2040, with demand set to fall globally in favour of cheaper renewables.
Accelerating renewables in line with the 1.5°C pathway would safeguard global GDP, inflation and jobs in the event of an oil and gas price shock.
If it were not for the ingenuity of South African farmers who make alternative green energy plans, the entire agricultural sector would be under much more pressure.
Early planning, local economic diversification and participatory planning to empower communities are critical for a Just Transition, says the PCC.
The IEA says that clean energy investment in emerging and developing economies must grow to USD $2.8 trillion annually by the early 2030s.
Investing in energy storage can quickly address load shedding and lay the foundations for a cleaner, more secure power system, said the IISD.
Energy storage such as grid batteries and pumped hydro can address the electricity crisis and ease load-shedding, according to the new study.
A survey of South Africa’s renewable energy pipeline shows 66 GW of wind and solar projects are at various stages of development.
No new coal and nuclear, very little gas, and the massive deployment of renewables for the least cost electricity, says the PCC.
The three gas-to-power ships will “cost South Africa billions of rand and be loaded onto your electricity bill”, argues OUTA.
EU demand for coal imports is set to plummet by 2030, to be replaced by critical minerals and technologies for the clean energy transition.
The programme is the largest on the African continent for the procurement of renewable energy and resource efficiency for public facilities.
The EU is firmly on its clean energy transition, with renewables and green technologies at the front and centre of new economic partnerships.
The law to allow an Integrated Energy Plan (IEP) will come into operation in April 2024, raising questions on the further 12 months of delay.
No wind turbines were connected to South Africa’s grid in 2022, inhibiting progress toward solving load-shedding and fossil fuel price volatility.
Wind and solar energy grew to a record 12 per cent of global electricity generation in 2022, according to a new report by Ember.
Evidence shows an additional 5 GW of renewable capacity could all but end load shedding and its associated socio-economic damage.
To address the power and climate crises, massive investments in transmission infrastructure and renewables are needed over the coming years.
The place of natural gas in a clean energy future is hotly debated. But, there is a simple answer to whether natural gas is renewable.
While fossil fuel prices soar, solar is the solution to affordable energy security, job creation and sustainable economic growth.