2020

How to waste over half a trillion dollars: The economic implications of deflationary renewable energy for coal power investments

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A newly released report from Carbon Tracker has shown that more than $600 billion of capital being spent on new coal plants will be wasted as it is already cheaper to build and generate electricity from new renewable capacity than from coal plants in all the major markets worldwide. Governments have been urged to cease … Read more

Wind produces 22.6% of Spain’s power in May

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Wind power had a 22.6% share in Spain’s generation mix by producing 4,655 GWh in May, according to estimates provided by Spanish grid operator Red Electrica de Espana. Compared to the data from May 2018, wind power production increased by 40.2% year-on-year. All renewables together accounted for 41.6% of the power mix during the month. … Read more