Some 960GW of new solar PV and wind capacity must be deployed globally each year by 2030 to be on track to reach net zero by mid-century, according to new analysis from BloombergNEF (BNEF).
2020 saw the largest annual decline in primary energy consumption since 1945, with a drop of 4.5%, according to BP’s Statistical Review of World Energy 2021.
A smart local flexible energy market trial dubbed the Urban Energy Club has started offering simulated flexibility services after the installation of a new battery.
Savings of up to £100 million could be made with the introduction of a national reactive power market according to a trial conducted by National Grid ESO and UK Power Networks (UKPN).
A new centre of excellence, a partnership to bring together social landlords and building firms and a new investment in the solar workforce have been unveiled today (2 June).
Unleashing 400 milestones for reaching net zero by 2050, the International Energy Agency (IEA) has warned that "the world has a huge challenge ahead of it".
Electrolyser capacity is set to increase from 0.2GW worldwide today to 213.5GW by 2040, a thousand-fold increase, according to Aurora Energy Research.
