Global investment in wind and solar doubles that in gas, nuclear, and coal

first_img FacebookTwitterLinkedInEmailPrint分享Wall Street Journal:Global spending on renewable energy is outpacing investment in electricity from coal, natural gas and nuclear power plants, driven by falling costs of producing wind and solar power.More than half of the power-generating capacity added around the world in recent years has been in renewable sources such as wind and solar, according to the International Energy Agency.In 2016, the latest year for which data is available, about $297 billion was spent on renewables—more than twice the $143 billion spent on new nuclear, coal, gas and fuel oil power plants, according to the IEA. The Paris-based organization projects renewables will make up 56% of net generating capacity added through 2025.Once supported overwhelmingly by cash-back incentives, tax credits and other government incentives, wind- and solar-generation costs have fallen consistently for a decade, making renewable-power investment more competitive.Renewable costs have fallen so far in the past few years that “wind and solar now represent the lowest-cost option for generating electricity,” said Francis O’Sullivan, research director of the Massachusetts Institute of Technology’s Energy Initiative.Sustained government support in Europe and other developed economies spurred the development of renewable energy. But costs have fallen for other reasons. China invested heavily in a domestic solar-manufacturing industry, creating a glut of inexpensive solar panels. Innovation helped manufacturers build longer wind-turbine blades, creating machines able to generate substantially more power at a lower cost.Renewable-energy plants also face fewer challenges than traditional power plants. Nuclear-power plants have been troubled by mostly technical delays, while plants burning fossil fuels face regulatory uncertainties due to concerns about climate change. And pension funds, seeking long-term stable returns, have invested heavily in wind farms and solar parks, allowing developers to get cheaper financing.“It is just easier to get renewables built,” said Tony Clark, a former member of the Federal Energy Regulatory Commission. “There is that much less opposition to it.”More ($): Global Investment in Wind and Solar Energy Is Outshining Fossil Fuels Global investment in wind and solar doubles that in gas, nuclear, and coallast_img read more

The City of Dubrovnik proposed to the Civil Protection Headquarters of the Republic of Croatia that the data sent daily be divided by counties

first_imgThe Mayor of the City of Dubrovnik, Mato Franković, held telephone meetings with the Ambassadors of the United Kingdom, Germany and the Netherlands to the Republic of Croatia. “We don’t stand still and wait for things to happen to us. From the very beginning of the pandemic, we have been very active in communicating with the ambassadors of many countries and informing them about the current situation in Dubrovnik.”Pointed out Franković. Franković: Divide the daily data you send to the European Center for Disease Control COVID 19 by counties or regions Although this seems banal, communication is extremely important. Because communication in this crisis situation is crucial, and on the other hand it says that they are fighting in Dubrovnik, and that is the first precondition for success. All three ambassadors were informed about the initiative of Mayor Franković to divide the numbers of infected in the Republic of Croatia by counties when sending statistics to the European Center for Disease Control, so that the countries, which are emitting tourist markets for Dubrovnik, know the exact number of infected and based on them could report on the fact that Dubrovnik is currently one of the safest European travel destinations. The City of Dubrovnik has proposed to the Civil Protection Headquarters of the Republic of Croatia that the data sent daily be divided by counties, ie, if this is not possible, it is recommended to be divided into five regions. “If European countries start putting us on the list of undesirable countries, there will be a complete breakdown of our primary economic branch – tourism, which most Croatian coastal cities and municipalities, but also our economic entities, cannot survive. Therefore, I ask you to statistically divide Croatia into several regions, and it is up to us, within our regions, to implement all the measures you have recommended with the aim of minimizing the possibility of infection.”, Concluded Mayor Franković addressing the Civil Protection Headquarters of the Republic of Croatia. On that occasion, the Mayor informed the ambassadors about the current situation regarding COVID 19 in the area of ​​the city of Dubrovnik and the Dubrovnik-Neretva County. He also informed the ambassadors about the protocols prepared in case of a major spread of the infection in the area of ​​Dubrovnik. Photo: Ivan Bagić from Pixabaylast_img read more