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fossil fuels

Renewables Trump Fossil Fuels in the UK for Q3 2019

A new analysis has revealed that renewables generated more electricity than fossil fuels for the entire third quarter in the UK, for the very first time. A new analysis by Carbon Brief has revealed that renewable energy sources like wind farms, solar panels, biomass and hydro plants generated more electricity than the combined output from […]

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Fossil Fuels Won’t Last Long: Suresh Prabhu on Renewable Energy

The cost of renewable energy is inversely proportional to the amount of its generation in India. As the country proceed with more generation of renewable energy the costs of development will gradually reduce. Speaking at a function of International Solar Alliance (ISA) Innovation and Investment Forum, Union Minister Suresh Prabhu stressed upon the need to increase […]

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Fossil Fuels Dominance Shrank on Renewables’ Cost Reduction, Says BNEF

The report on the levelized cost of electricity (LCOE) for all the leading technologies states that fossil fuel power is facing an unprecedented challenge in all the three roles it performs in the energy mix – supply of ‘bulk generation’, supply of ‘dispatchable generation’, and provision of ‘flexibility’. After significant reduction in the cost of wind, solar […]

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New Studies exhibits the True Costs of Fossil Fuels & Value of Solar Photovoltaics

Two new studies published in Review Journal (MRS E and S) MRS Energy and Sustainability, by Carol Olson and Frank Lenzmann emphasizes the true economic, social and environmental benefits of solar PV compared to fossil fuels, in regards to the supply chain of all relevant fuels. In their new studies, Authors Carol Olson and Frank […]

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E-Fuel Blending In EVs Can Reduce Fossil Fuel Dependence By 2028: IEA Estimates

A recent report by International Energy Agency (IEA) found that a combination of electric vehicles (EVs) and biofuels is anticipated to significantly reduce global oil demand. It’s estimated to offset 4 million barrels of oil-equivalent per day by 2028, constituting over 7% of the predicted oil demand for transportation. The IEA report on E-fuel mentioned, […]

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Tripling RE Power With Efficiency Will Accelerate Fossil Phaseout: EMBER

Energy think-tank EMBER in its recent report, analyzed the impact of increasing renewables and doubling efficiency on phasing out of fossil fuels. The findings reveal that renewables contribute significantly to efficiency, delivering about 85% of the targeted fossil fuel cuts by 2030. EMBER indicates that, by 2035, renewables and efficiency alone can slash total CO2 […]

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Remove Fossil Fuel Subsidy To Meet 2030 RE Targets: BloombergNEF

A latest report from BloombergNEF on the issue of global renewable targets claimed that solar is on track for what’s needed to achieve the 2030 target. The report highlighted that the world needs to reduce subsidies in fossil fuels to boost the growth of renewables. This comes at a time when several global leaders are […]

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Rajasthan Sees Fossil Contribution Shrink For 4 Consecutive Months

New data from global energy think tank Ember reveals that the share of fossil fuels in Rajasthan’s power generation mix has hit record-low levels at 50 percent from April to July this year. It is the first time that the lowest level was sustained for over a quarter of the year.   Fossil fuels generated 34 […]

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Norway Study Shows Electrifying Trucks Key To Reducing Fossil Fuel Demand

As per a report by Rystad, Norway’s persistent road fuel demand won’t last amid rapid EV adoption. It finds that road fuel demand in Norway has remained relatively stable even with soaring electric vehicle (EV) adoption, raising questions about whether EVs really have a material impact on diesel and gasoline sales. Rystad Energy research and […]

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