Ember

NEW | Renewables reached a RECORD 30% of global electricity in 2023, kickstarting the fall in power sector emissions 🌪️☀️ Driven by rapid solar and wind growth, the world is moving towards a new age of falling fossil fuels. But how quickly emissions can fall will depend on the pace of the renewables' revolution. The world needs to reach 60% renewable electricity by 2030 to stay on track for 1.5C. Read the full Global Electricity Review 2024 below #GER24 👇

Next week, 🇪🇺 EU energy ministers will meet up in Budapest on the 15th and 16th of July to discuss decarbonising the economy through a resilient, flexible and integrated electricity system 🌱🔋 Batteries and demand-side flexibility are ready to be deployed and can help the EU build a flexible power system, getting all the benefits of cheap, secure and clean power 🌪☀️ Key insights from our analysis 🔍 ⚡ Early flexibility strategies and national objectives for storage and demand-side flexibility can facilitate investment decisions to unlock further clean flexibility deployment 🔜 ⚡ Power system modelling used in system planning could better represent clean flexibility, including via open and accurate input data 📊 Learn more: https://lnkd.in/dcSfTwhh

🆕 EU Methane Regulation can cut 🇪🇺 coal mine methane emissions by 48% by 2031. But coking coal mine emissions remain unaddressed, limiting 🇪🇺 from cutting the 58% methane emissions needed to reach its climate goals Graphic https://loom.ly/39RqnMM 📖 https://loom.ly/nDm1kPg

Brazil leads the renewable electricity transition In 2023, wind and solar reached 21% of Brazil’s electricity mix. Globally, the country recorded the second largest annual increase in wind and solar generation. Read the analysis: https://lnkd.in/dxdG7q_4

In May 2024, the EU approved its first-ever regulation to reduce methane emissions from the energy sector, of which coal mining is the largest source. Regulation’s explainer: https://lnkd.in/dBbvFvhd

Indonesia and the Philippines met increasing electricity demand primarily with #coal in 2023. Meanwhile, other historically coal-reliant countries are reducing their dependence with strong growth in wind and solar. https://lnkd.in/eypvVZqC

NEW | Brazil is the leader in renewable electricity among the G20 In 2023, 89% of Brazil’s electricity came from renewables, the highest among the G20 and three times higher than the global average of 30%. Read the analysis: https://lnkd.in/e5_JUg7j

NEW | The UK is set to fall short on its offshore wind target unless it makes immediate policy changes. Only half of the needed offshore wind capacity is expected to be delivered in the upcoming ‘Contracts for Difference’ auction. This means that the new government has three weeks left until 1st August to set a higher offshore wind budget for this summer’s auction ⏳ Increasing the budget by 25% could deliver an additional 1 GW - a great value first step to getting targets back on track 🎯 Read more on the urgency to course correct the UK’s offshore wind industry in our latest analysis of the offshore wind project pipeline 👇 https://lnkd.in/g9vrm_-A

Germany hit a MAJOR milestone in 2023, as wind overtook coal to become 🇩🇪’s largest source of electricity for the first time. 🌪️made up 27.2% of the country’s electricity mix, while coal accounted for 26.8%. Read more global electricity insights in #GER24: https://lnkd.in/eSKgREee

In May 2024, the EU approved its first-ever regulation to reduce methane emissions from the energy sector, of which coal mining is the largest source. Regulation’s explainer: https://lnkd.in/dBbvFvhd