NewEnergyNews: Global Market Data Shows New Energy Rising, Old Energy Dropping /

NewEnergyNews

Gleanings from the web and the world, condensed for convenience, illustrated for enlightenment, arranged for impact...

The challenge now: To make every day Earth Day.

YESTERDAY

THINGS-TO-THINK-ABOUT WEDNESDAY, August 23:

  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And The New Energy Boom
  • TTTA Wednesday-ORIGINAL REPORTING: The IRA And the EV Revolution
  • THE DAY BEFORE

  • Weekend Video: Coming Ocean Current Collapse Could Up Climate Crisis
  • Weekend Video: Impacts Of The Atlantic Meridional Overturning Current Collapse
  • Weekend Video: More Facts On The AMOC
  • THE DAY BEFORE THE DAY BEFORE

    WEEKEND VIDEOS, July 15-16:

  • Weekend Video: The Truth About China And The Climate Crisis
  • Weekend Video: Florida Insurance At The Climate Crisis Storm’s Eye
  • Weekend Video: The 9-1-1 On Rooftop Solar
  • THE DAY BEFORE THAT

    WEEKEND VIDEOS, July 8-9:

  • Weekend Video: Bill Nye Science Guy On The Climate Crisis
  • Weekend Video: The Changes Causing The Crisis
  • Weekend Video: A “Massive Global Solar Boom” Now
  • THE LAST DAY UP HERE

    WEEKEND VIDEOS, July 1-2:

  • The Global New Energy Boom Accelerates
  • Ukraine Faces The Climate Crisis While Fighting To Survive
  • Texas Heat And Politics Of Denial
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    Founding Editor Herman K. Trabish

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    WEEKEND VIDEOS, June 17-18

  • Fixing The Power System
  • The Energy Storage Solution
  • New Energy Equity With Community Solar
  • Weekend Video: The Way Wind Can Help Win Wars
  • Weekend Video: New Support For Hydropower
  • Some details about NewEnergyNews and the man behind the curtain: Herman K. Trabish, Agua Dulce, CA., Doctor with my hands, Writer with my head, Student of New Energy and Human Experience with my heart

    email: herman@NewEnergyNews.net

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      A tip of the NewEnergyNews cap to Phillip Garcia for crucial assistance in the design implementation of this site. Thanks, Phillip.

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    Pay a visit to the HARRY BOYKOFF page at Basketball Reference, sponsored by NewEnergyNews and Oil In Their Blood.

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  • WEEKEND VIDEOS, August 24-26:
  • Happy One-Year Birthday, Inflation Reduction Act
  • The Virtual Power Plant Boom, Part 1
  • The Virtual Power Plant Boom, Part 2

    Friday, April 29, 2022

    Global Market Data Shows New Energy Rising, Old Energy Dropping

    Global renewables to ‘double within 15 years’ – Peak oil could be as soon as 2025, finds McKinsey’s latest Global Energy Perspective report

    26 April 2022 (RENews)

    “[The share of renewables in global power generation is] expected to double in the next 15 years while total fossil fuel demand is projected to peak before 2030…[The 2022 McKinsey Global Energy Perspective] projects a rapid shift in the global energy mix…Global electric vehicle uptake will see global oil demand peak in the next three to five years…[But] with current government commitments and forecasted technology trends, global warming is projected to exceed 1.7°C by 2100, and reaching a 1.5°C pathway is increasingly challenging…

    …[Under the report’s middle scenario assumptions, oil demand could] peak in the next three to five years, primarily driven by electric-vehicle adoption…[The global energy mix is projected to shift towards low-carbon solutions, with a particularly strong role for power, hydrogen and synfuels…[R]enewables are projected to grow three-fold by 2050, accounting for 50% of power generation globally already by 2030 and 80-90% by 2050…

    …[H]ydrogen demand is expected to grow four-to-six-fold by 2050, driven primarily by road transport, maritime, and aviation, with hydrogen and derivative synfuels expected to account for 10% of global final energy consumption by 2050… 61% of new renewable capacity installation is already priced lower than fossil fuel alternatives and…battery costs have also fallen by nearly half in the past four years…By 2050, [carbon capture utilization and storage (CCUS)] could grow more than 100-fold from an almost non-existent footprint today, with investment opportunities exceeding LNG markets today…” click here for more

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