natural gas
Surging Electricity Demand is Putting Power Systems Under Strain Around the World
Global electricity demand surged in 2021, creating strains in major markets, pushing prices to unprecedented levels and driving the power sector’s emissions to a record high. Electricity is central to modern life and clean electricity is pivotal to energy transitions,…
Coal power’s sharp rebound is taking it to a new record in 2021, threatening net zero goals
The amount of electricity generated worldwide from coal is surging towards a new annual record in 2021, undermining efforts to reduce greenhouse gas emissions and potentially putting global coal demand on course for an all-time high next year, the International…
G7 Members Have a Unique Opportunity to Lead the World Towards Electricity Sectors With Net Zero Emissions
G7 members are well placed to fully decarbonise their electricity supply by 2035, which would accelerate the technological advances and infrastructure rollouts needed to lead global energy markets towards net zero emissions by 2050, according to a new report from…
Hydrogen Can Reduce Reliance on Fossil Fuels and Support Green Transition
The European Bank for Reconstruction and Development (EBRD) and the Gas Transmission System Operator of Ukraine (GTSOU) are joining forces to promote the development and use of hydrogen in Ukraine. The partners have signed an agreement to formalise their cooperation…
In 2020, U.S. Coal Production Fell To Its Lowest Level Since 1965
U.S. coal production totaled 535 million short tons (MMst) in 2020, a 24 percent decrease from the 706 MMst mined in 2019 and the lowest level of coal production in the United States in any year since 1965. The decline…
EBRD supports coal transition in Kragujevac, Serbia
Kragujevac, the fourth-largest city in Serbia, will make a big leap in its transition away from coal, thanks to an EUR 18 million loan provided by the European Bank for Reconstruction and Development (EBRD) for the decarbonisation of the district…
Hydropower Has a Crucial Role in Accelerating Clean Energy Transitions to Achieve Countries’ Climate Ambitions Securely
The growth of hydropower plants worldwide is set to slow significantly this decade, putting at risk the ambitions of countries across the globe to reach net-zero emissions while ensuring reliable and affordable energy supplies for their citizens, according to a…