Browsing: climate

China aims to source half of its electricity generation from non-fossil fuels by 2030, up from a target of 42.3% in 2025, according to the country’s newly released 15th Five-Year Plan for Building a New Energy System.

The world added renewable energy capacity at a record pace and pushed clean electricity generation above 30 percent of global supply, yet 655 million people still lived without electricity in 2024 and roughly two billion lacked access to clean cooking technologies.

Data centre electricity consumption reached 415 terawatt-hours globally in 2024, roughly 1.5% of total global electricity use, and the IEA…

The world is on track to invest $3.4 trillion in energy in 2026, yet the most significant shift is not the scale of spending but where the money is flowing. Electricity infrastructure, renewables, nuclear power, storage, and efficiency are attracting nearly twice as much investment as fossil fuels, reflecting how a second major energy crisis within five years is reshaping global perceptions of energy security.

The latest ASEAN-European Union workshop in Brunei Darussalam signals a broader geopolitical and economic shift: carbon markets are no longer being treated solely as climate instruments, but increasingly as industrial policy and investment mechanisms tied to trade competitiveness, energy transition financing, and regional economic integration.

Global investment in electricity grids must rise from roughly USD 0.5 trillion annually in 2025 to about USD 1 trillion per year through 2035 if the world is to remain on a 1.5°C-compatible pathway.

The moment when wind and solar overtook fossil fuels as the dominant source of electricity in the European Union was…

Global mean sea level has risen by 9.4 centimeters since 2000, with satellite data showing an average annual increase of 3.64 millimeters since 1999, according to the Copernicus Climate Change Service. The rate is not static. It has accelerated from 1.3 millimeters per year in the early 20th century to 3.7 millimeters per year in the most recent observational window assessed by the Intergovernmental Panel on Climate Change.

Wind and solar generated a combined 30 percent of the European Union’s electricity in 2025, surpassing fossil fuels at 29 percent for the first time and marking a structural shift in the bloc’s power system. This milestone reflects both accelerated renewable deployment and a policy-driven effort to reduce dependence on imported energy following recent supply disruptions.

Saudi Arabia-based ACWA Power is preparing to commit at least $30 billion to China over the next five years, reinforcing a strategic pivot that reflects both confidence in the country’s energy transition and a growing reliance on its industrial ecosystem.