The coal cost crossover is when renewables become less costly than using coal. A new report reveals that the USA has officially entered this point, whereby approximately 75% of coal production is more expensive than renewables, with the US coal industry to be completely out-competed on cost by 2025. However, how this energy transition will affect local communities remains unclear.
The latest World Energy Outlook, the International Energy Agency’s flagship publication, details global energy trends and what possible impact they will have on supply and demand, carbon emissions, air pollution, and energy access.
An article by Lionel Nesta, Elena Verdolini and Francesco Vona With the striking exception of the USA, countries around the world are committed to the
Limiting the global temperature increase within safe levels requires an energy revolution. The development of breakthrough energy storage technologies can greatly help towards this goal.
The annual WEI report by the International Energy Agency provides the most comprehensive picture of the investment facts and trends that are shaping the energy landscape of tomorrow.
