Sergey Syrvachev’s Post

🚨 Clean energy jobs are growing FAST! 1 in 16 new US jobs in 2023 were in #cleanenergy, and the sector is growing 3x faster than the rest of the economy. See the full breakdown in today’s release of the #CleanJobsAmerica report from E2: https://loom.ly/GThbbt0

European utilities are cutting back on green growth because of high costs and relatively low power prices, indicating the challenges associated with transitioning away from fossil fuels, the Financial Times reported. #green #targets #costs #challenges

The UK's energy landscape is undergoing a huge transformation. Driven by the need to decarbonise and meet ambitious net-zero targets, the system is shifting away from its traditional centralised supply model, towards one that is increasingly fragmented and decentralised. But what does this look like, and what does it mean for the future? Check out our latest blog --> https://lnkd.in/esrqARvn

'CO2 Emissions in 2023 provides a complete picture of energy-related emissions in 2023. The report finds that clean energy growth has limited the rise in global emissions, with 2023 registering an increase of 1.1%. Weather effects and continued Covid-19 reopening played a significant role in driving emissions in 2023. Advanced economies saw a record decrease in their emissions, which are now back to the level of fifty years ago. This release brings together the IEA’s latest analysis, combining the Agency’s estimates of CO2 emissions from all energy sources and industrial processes.'

Interesting morning yesterday at the launch of Future Energy Scenarios: ESO Pathways to Net Zero. Key takeaways include: - there has been significant progress towards net zero but current levels of activity won't get us there - call for action in next two years to create a "fair, affordable and secure future energy system" - pathways highlight opportunities to move away from import model to prevent further supply disruption and price fluctuations - we need to accelerate heat decarbonisation - high levels of energy efficiency needed but will new government deliver?

New analysis from the IEA details how clean energy has already become a key component of the world's most successful economies, and green heavy industries could follow in its wake…

Visualizing Global Energy Production in 2023

#Carbon #Emissions in 2023. Change can and does happen... but there's still a long way to go... Some reasons to feel optimistic that humans can turn their ship around! Some areas to focus efforts to improve! #Renewable #Energy is having a major impact - 2023 global energy emissions grew at their slowest rate since the Great Depression. - 2019-2023 energy emissions growth would have been 3 times higher, without renewables. But... #emissions still rose considerably, meaning real world damage #climatechange #biodiversity #Coal was the main driver of increased emissions (65% of the increase in 2023) #Hydropower is being impacted by #Climatechange #drought #storms Report from International Energy Agency (IEA) Executive Summary Global energy-related CO2 emissions grew by 1.1% in 2023, increasing 410 million tonnes (Mt) to reach a new record high of 37.4 billion tonnes (Gt). This compares with an increase of 490 Mt in 2022 (1.3%). Emissions from coal accounted for more than 65% of the increase in 2023 The global shortfall in hydropower generation due to droughts drove up emissions by around 170 Mt. Without this effect, emissions from the global electricity sector would have fallen in 2023 Between 2019 and 2023, total energy-related emissions increased around 900 Mt. Without the growing deployment of five key clean energy technologies since 2019 - solar PV, wind, nuclear, heat pumps, and electric cars - the emissions growth would have been three times larger Thanks to growing clean energy deployment, emissions are seeing a structural slowdown. In the decade to 2023, global emissions grew slightly more than 0.5% per year, the slowest rate since the Great Depression Advanced economy GDP grew 1.7% but emissions fell 4.5%, a record decline outside of a recessionary period. Having fallen by 520 Mt in 2023, emissions are now back to their level of fifty years ago. Advanced economy coal demand, driven by evolutions in the G7, is back to the level of around 1900. The 2023 decline in advanced economy emissions was caused by a combination of structural and cyclical factors, including strong renewables deployment, coal-to-gas switching in the United States, but also weaker industrial production in some countries, and milder weather Emissions in China grew around 565 Mt in 2023, by far the largest increase globally and a continuation of China’s emissions-intensive economic growth in the post-pandemic period. However, China continued to dominate global clean energy additions. Cyclical effects, notably a historically bad hydro year, contributed about one-third of its emissions growth in 2023. Per capita emissions in China are now 15% higher than in advanced economies In India, strong GDP growth drove up emissions by around 190 Mt. But a weak monsoon increased demand for electricity and cut hydro production, contributing around one-quarter of the increase in its total emissions in 2023. Per capita emissions in India remain far below the world average

Visualizing Global Energy Production in 2023

CO2 Emissions in 2023 Report By International Energy Agency (IEA) The report highlights an increase in emissions in 2023: ● Global energy-related CO2 emissions grew by 1.1% in 2023, increasing 410 million tonnes (Mt) to reach a new record high of 37.4 billion tonnes (Gt). ● Emissions from coal accounted for more than 65% of the increase in 2023. #report #knowlegde #globalenergy #globalemissions