Simon
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BP Outlook 2020: “peak oil” has already happened
BP’s world energy review: 2019 saw clean electricity match coal
“Climate leader” UK: why did low-carbon electricity generation stall in 2019?
1.2TW: cost reductions, policy advances will drive 50% renewables growth to 2024, says IEA
Analysis: BP’s outlook for fossil fuels could be undermined by slowing energy demand
BP’s latest Outlook predicts – for the first time - that oil saw its peak in 2019. In each of BP’s Outlooks, published annually since 2011, they have revised their predictions for the global energy landscape to 2050 as new data comes in. The growth of clean energy and the changing shape of climate policies have seen each successive forecast increase the share of renewables at the expense of fossil fuels. This year even gas has seen its prospects … [Read more...]
Simon Evans at Carbon Brief summarises BP’s 69th edition of its influential annual statistical review of world energy, looking at 2019. Overall, total energy demand rose, though slower than usual. Renewables were the largest source of new energy, but were closely followed by oil and gas. Coal use dropped again, the fourth drop in six years, thanks to historic declines in the EU and the US. But continued growth in SE Asia, China and India leaves … [Read more...]
In 2019, just 1TWh of low-carbon electricity (wind, solar, nuclear, hydro, biomass) was added in the UK. That’s after a decade of adding an average of 9TWh/year. Why? The UK needs to know, given an extra 15TWh/year is required until 2030 to meet emissions goals on top of the planned electrification of transport and heating. Carbon Brief’s Simon Evans runs through their thorough analysis. Wind power alone rose by 8TWh in 2019, but was offset by … [Read more...]
Carbon Brief’s Simon Evans runs through their analysis of the updated forecasts in the International Energy Agency (IEA) Renewables 2019 report, released this week. In its “base case” global renewable energy capacity will increase by 50% over 6 years. Rising from 2,501GW in 2018 to 3,721GW in 2024, it will add the equivalent of the entire US electricity system. In the “accelerated case” it’s 60%, further adding the equivalent of Japan’s. 85% of … [Read more...]
BP’s latest projections, released last week, once again concede that their previous reports have been overestimating fossil fuel consumption and underestimating renewables. Yet BP still predicts total energy demand will grow indefinitely thanks to overall global growth, and fossil fuels will always be needed. But Simon Evans at Carbon Brief shows how these projections contrast starkly with McKinsey’s, who find that the efficiency of renewables … [Read more...]
On 8 June, the UK will head to the polls for the third time in as many years. In an election dominated by Brexit, Carbon Brief tracks the climate change and energy content of parties’ manifestos, as they are launched. Courtesy Carbon Brief. … [Read more...]
Natural gas can only be a worthwhile bridge to a low carbon future if a series of tough conditions are met, according to a working paper from the influential New Climate Economy initiative. The paper says the climate benefits of gas, including shale gas, could in theory be significant. It suggests a 10% increase in global gas supplies could prevent 500 gigawatts (GW) of new coal capacity being added by 2035, avoiding 1.3 billion tonnes of annual … [Read more...]
The UK's three main political leaders have pledged to tackle climate change after the next election, whatever the outcome. Simon Evans of the Carbon Brief assesses the significance of the unusual joint pre-election pledge. He concludes that the substance of the agreement is not new, but it will “prevent backsliding on climate policy by future governments”. It will also serve as an example to countries across the world. … [Read more...]
The world's population could live a prosperous, European-style lifestyle by 2050 at the same time as avoiding dangerous climate change, according to a new Global Calculator developed by the UK's Department for Energy and Climate Change (DECC). Simon Evans tests the Calculator against scenarios of Shell and Friends of the Earth and comes to some surprising (or, perhaps not so surprising) conclusions. … [Read more...]
This year UK coal use is likely to fall back to levels last seen during the industrial revolution, according to analysis from The Carbon Brief. By 2023 the UK may not use any coal anymore for electricity generation, if low gas prices persist. The nation that started the Industrial Revolution, based on coal, says goodbye to the coal age. … [Read more...]
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