Renewable energy accounted for more than 30% of the world’s electricity for the first time last year following a rapid rise in wind and solar power, according to new figures.
A report on the global power system has found that the world may be on the brink of driving down fossil fuel generation, even as overall demand for electricity continues to rise.
qyron@sopuli.xyz 6 months ago
But meanwhile, when price of energy enters negative figures, it’s the solar farms that get ordered to shut down operation.
MrMakabar@slrpnk.net 6 months ago
Which still means that fossil fuel power plants loose money in those periods due to low electricity prices. Those low prices also lead to electricity storage and more electricity consumption. The later is good, when it replaces other fossil fuel consumption(usually that is).
qyron@sopuli.xyz 6 months ago
I really wish that is true but I seriously doubt it. Although my country made a hard shift into renewables (hydro, wind and solar, more recently) to the point we have had entire days when those sources alone can provide the necessary energy to run the country, while fully deactivating coal centrals and only maintaining on or two gas powered, storage hasn’t been a great concern, unless we count green hydrogen as such, with a plant to be built somewhere in the near future (or not).
Diplomjodler3@lemmy.world 6 months ago
Won’t anybody think of the poor fossil fuel industry?