South Africa looks to nuclear, green power
Nelisiwe Magubane, director general at the department of energy, said the government expects renewable energy to supply 42 percent of its new power and nuclear energy 23 percent.
Coal will make up 15 percent of new power plants coming on stream in that same period. The fossil fuel currently makes up 95 percent of the country's energy mix.
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BNEF Report: Wind and Solar Will Provide 50% of Electricity in 2050
LONDON - In a report that examines the ways in which renewable energy demand is expected to increase, Bloomberg New Energy Finance (BNEF) finds that “aggressive decarbonization” will be required beyond 2030 to meet the temperature goals of the Paris Agreement on climate change.
Focusing on electricity, BNEF’s 2019 New Energy Outlook (NEO) predicts a 62% increase in global power demand, leading to global generating capacity tripling between now and 2050, when wind and solar are expected to make up almost 50% of world electricity due to decreasing costs.
The report concludes that coal will collapse everywhere except Asia, and, by 2032,…
