The general director of the organization assures that the “peak” in the consumption of coal, oil and natural gas will occur before 2030
The director general of the International Energy Agency (IEA), Fatih Birol, has assured in an opinion article in the ‘Financial Times’ that the world “is approaching the beginning of the end” of the fossil fuel era.
In this sense, the manager has warned that the “peak” in the consumption of coal, oil and natural gas will occur before 2030, after which it will begin to decline due to the concerted action of the deployment of clean energy and the mobility of electrical.
Birol (AIE) affirms that we are facing the “beginning of the end” of the era of fossil fuels
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“Climate policies do work”
“We are contemplating the beginning of the end of the era of fossil fuels and we need to prepare for the next era,” argued Birol in reference to the study. World Energy Outlook which the IEA will publish next month. “It shows that climate policies do work,” he summarized.
We are facing “a turning point”, it is necessary for political authorities to redouble energy financing green and reduce the emission of polluting gases. However, Birol has warned that, although we are facing “a turning point”, it is necessary for political authorities to redouble energy financing. green and reduce the emission of polluting gases.
Birol (AIE) affirms that we are facing the “beginning of the end” of the era of fossil fuels
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Last year, The IEA expected the peak to arrive around 2030. However, the estimate has been revised due to the greater speed of installation of renewable technologies during the last 12 months.
Furthermore, the lower Chinese dependence on heavy industry and the economic transfer towards less electro-intensive industries or towards services have contributed to “structural changes” in the Asian ‘giant’. On the other hand, Birol has pointed out that the “Solar, wind and nuclear energy are ‘eating up the potential of China’s coal growth'”.
Renewables surpass fossil fuels in Europe for the first time
Precisely, a few days ago it was known that, for the first time in history, the renewable energy produced more electricity in the European Union than fossil fuels in the first half of this year.
According to data from a report from the consulting firm Ember, “the decline of fossil fuels is a sign of the times. “Coal and gas are too expensive, too dangerous and the European Union is suppressing them.”
This report indicates that in the first half of the year 33% of the continent’s electricity was produced from coal and gas, below, for the first time, the electricity production from renewable energy, which reached 36%.
The report adds: “Between January and June, fossil energies generated 410 Terawatt hours in the European Union, the lowest rate ever recorded in the electricity mix at 33%.” More than two-thirds of that 36% generated by renewable energy was from wind and solar.
This European ‘sorpasso’ of renewable energies has been possible for several reasons. The first is due to the global strategy against climate change. The EU has decided that by 2050 it will be carbon neutral and that translates into minimal use of polluting sources such as oil, gas or coal.
That bet, together with the progressive decline of nuclear energyleads to a rapid increase in renewable energy deployment.
Furthermore, renewables grant energy autonomy to the EU and mean that the European Union, for example, does not depend for its energy supply on regimes such as the Russian one.
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