NREL’s recent report analyses different scenarios of electrification in the US and how it will impact capacity addition and operation of the grid. To meet electricity demand in high-electrification scenarios, installed capacity grows to more than double 2018 levels by 2050. Generation from low-cost renewable energy increases in all the scenarios.
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GE Renewable Energy has completed the installation and commissioning of the 53 MW Kirazli and 32 MW Meryem wind farms in Turkey.
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The first half of the year 2020 saw a sharp reduction in power demand, which in turn led to a huge decline in thermal power generation. On the other hand, the share of renewable energy especially wind and solar continues to rise as economies strive for green recovery from the covid-19 crisis.
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With all major economic activity halted, energy demand has also tumbled, leading to the steepest drop in oil prices in two decades. Simultaneously, there has been a significant cut in greenhouse-gas emissions. However, this temporary drop in carbon emissions only highlights the fact that there has been very little actual progress in decarbonization across the globe.
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The International Renewable Energy Agency’s (IRENA) Renewable Energy Statistics 2020 provides data sets on power-generation capacity for 2010-2019, actual power generation for 2010-2018 and renewable energy balances for over 130 countries and areas for 2017-2018.
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