Renewables are set to be the fastest-growing fuel source through to 2040, according to BP’s latest Energy Outlook, jumping five-fold to meet around 14 per cent of the world’s primary energy consumption. But despite the anticipated rapid growth in clean power supplies, the oil giant expects global carbon emissions will keep rising until at least 2040 – a scenario scientists fear will make it impossible to meet the Paris Agreement goal of keeping temperature increases below 2C.
Business Green 20th Feb 2017 read more »
BP predicts renewable energy will grow five-fold over the next two decades, jumping from a four per cent share of the primary energy mix in 2016 to a 14 per cent share in 2040. This is a marked increase from the 2017 Outlook, where BP saw renewables jumping from three per cent to 10 per cent of the primary energy mix between 2015 and 2035. In fact, under this year’s Outlook the level of renewable energy by 2035 is set to be 15 per cent higher than predicted in the 2017 report.
Business 20th Feb 2017 read more »
The amount of renewable power produced in 2017 could have powered Britain for the whole of 1958, a report shows. Britain’s output from wind, biomass, solar and hydro grew by more than a quarter to 96 terrawatt hours of power, the latest Electric Insights report, from researchers at Imperial College London in collaboration with Drax shows. That is more than enough to supply the 91 terrawatt hours used by the 52-million strong population of Britain 60 years ago in 1958, the year that saw the arrival of Blue Peter, the Hula Hoop and Paddington Bear, the report said. In that year, when the electrical appliances that now make up a quarter of home power demand were still an expensive luxury, 92% of electricity came from coal. But by 2017, coal’s share of the power mix had fallen to 7%, while wind climbed to new highs to provide 15% of the country’s electricity, up from 10% in 2016. Overall last year 50% of power generation came from low carbon sources such as nuclear, with 25% of output coming from renewables. Carbon emissions from electricity consumption fell 12% last year, a saving equivalent to taking one in seven cars off the road, the report said.
Energy Voice 21st Feb 2018 read more »