Time is running out, but global warming can still be kept below 1.5 degrees thanks to the dynamic growth of renewable energies, writes the International Energy Agency (IEA) in its updated net-zero scenario for the energy sector. To keep the climate targets achievable, however, countries must massively step up investment in the energy transition and […]
In the first seven months of this year, China installed nearly 100 gigawatts of new solar capacity, surpassing the record set in 2022. However, experts are concerned that the slow pace of grid expansion could hinder the energy transition. According to the think tank Bloomberg NEF, global power grids need to be expanded to 152 […]
The triumphant progress of renewables seems to be unstoppable. China installed almost 100 gigawatts of new solar capacity in the first seven months of this year, already surpassing the record year of 2022. The sector has also grown rapidly in the US in recent years. But power grids are not being expanded fast enough and […]
A long week of summits is coming to an end. Now that the dust of the political speeches has settled a bit, we take stock in today’s Climate Table Special: At António Guterres’ Climate Ambition Summit and the UN General Assembly, some new financial pledges and announcements on the coal phase-out have been made. There […]
The United Kingdom is scaling back its climate goals. The UK ban on new petrol and diesel vehicles will be delayed from 2030 to 2035, Prime Minister Rishi Sunak announced on Wednesday. In addition, the switch from gas boilers to heat pumps in private homes will be slowed, and no homeowner will be forced to […]
Yesterday, António Guterres hosted the UN Climate Ambition Summit. The UN Secretary-General presented himself as a bouncer. Initially, more than 100 heads of state and non-state actors wanted to appear at the summit. But Guterres only allowed just under 30 “first movers and doers” to speak. Important players such as the USA and China had […]
Over the past ten years, Indonesia has increased the capacity of off-grid coal-fired power plants almost eightfold. A large part of these captive power plants are used for processing metals, including those used for the energy transition. This is the result of a recent study by the Centre for Research on Energy and Clean Air […]
The Chinese government has released new rules for establishing spot markets for electricity trading. According to Yan Qin, an energy expert at the analytics firm Refinitiv, these rules represent a “milestone in creating a unified national electricity market”. Experts believe this could help push coal-generated electricity out of the grid and pave the way for […]
The energy transition is progressing too slowly in key countries. This is the result of a new analysis by the think tank Climate Action Tracker (CAT). The organization examined plans for the expansion of renewable energies and the phase-out of coal and gas in 16 countries. According to the CAT, only a handful of countries […]
The Chinese government has released new rules for establishing spot markets for electricity trading. According to Yan Qin, an energy expert at the analytics firm Refinitiv, these rules represent a “milestone in creating a unified national electricity market”. Experts believe this could help push coal-generated electricity out of the grid and pave the way for […]