World Power Providers Are Slowing The Energy Transition
Climate change: Power companies 'hindering' move to green energy
Matt McGrath, 1 September 2020 (BBC News)
“New research suggests that power companies are dragging their feet when it comes to embracing green energy sources such as wind and solar…Only one in 10 energy suppliers globally has prioritised renewables over fossil fuels, the study finds…Even those that are spending on greener energy are continuing to invest in carbon heavy coal and natural gas…[which] undermines global efforts to tackle climate change…In countries like the UK and across Europe, renewable energy has taken a significant share of the market, with 40% of Britain's electricity coming from wind and solar last year…
…[But] many of the new wind and solar power installations have been built by independent producers…Large scale utility companies, including many state and city owned enterprises, have been much slower to go green…[O]nly 10% of the companies had expanded their renewable-based power generation more quickly than their gas or coal fired capacity…[and] many continued to invest in fossil fuels, although at a lower rate…The overall conclusion from the analysis, though, is that utility companies are "hindering" the global transition to renewables…” click here for more
0 Comments:
Post a Comment
<< Home