Eco gen energy news 2019
Here are some notable eco-gen energy news stories from 2019:
- Renewable Energy Hits Record High: According to the International Energy Agency (IEA), renewable energy accounted for 26% of global electricity generation in 2019, a record high. (Source: IEA)
- Solar Energy Costs Plummet: The cost of solar energy fell by 13% in 2019, making it more competitive with fossil fuels. (Source: BloombergNEF)
- Wind Power Capacity Reaches Record High: The global wind power capacity reached a record high of 743 gigawatts (GW) in 2019, with China leading the way. (Source: Global Wind Energy Council)
- Electric Vehicle Sales Soar: Electric vehicle (EV) sales reached a record high in 2019, with over 2 million EVs sold worldwide. (Source: International Energy Agency)
- Green Bonds Reach Record High: The global green bond market reached a record high of $155 billion in 2019, with a significant increase in issuance from emerging markets. (Source: Climate Bonds Initiative)
- Offshore Wind Energy Gains Momentum: Offshore wind energy saw significant growth in 2019, with the UK, Germany, and Denmark leading the way. (Source: WindEurope)
- Bioenergy with Carbon Capture and Storage (BECCS) Gains Traction: BECCS, a technology that captures CO2 emissions from biomass power plants and stores them underground, gained traction in 2019, with several projects announced worldwide. (Source: Carbon Capture and Storage Association)
- Energy Storage Market Grows: The energy storage market saw significant growth in 2019, with the global market size reaching $1.4 billion. (Source: Wood Mackenzie)
- Smart Grids and Grid-Scale Energy Storage: Smart grids and grid-scale energy storage technologies saw significant investment and deployment in 2019, enabling greater integration of renewable energy sources into the grid. (Source: Smart Grids and Energy Storage Association)
- Climate Change Mitigation and Adaptation: 2019 saw increased focus on climate change mitigation and adaptation, with governments, corporations, and individuals taking action to reduce greenhouse gas emissions and prepare for the impacts of climate change. (Source: United Nations Framework Convention on Climate Change)
These are just a few of the many eco-gen energy news stories from 2019. The year saw significant progress in the transition to a low-carbon economy, with renewable energy, energy storage, and smart grids playing key roles in the global energy landscape.