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Global energy investment plunges, another victim of the coronavirus pandemic, IEA says

Energize Weekly, June 3, 2020 Energy investment across the world has suffered an unparalleled 20 percent decline, equal to $400 billion, in 2020, as a result of the novel coronavirus pandemic, according to the International Energy Agency (IEA). The IEA had projected an increase of 2 percent in global energy investment for the year, which would have been the biggest

Global EV sales hit a coronavirus speed bump, but how big a bump is a question

Energize Weekly, May 27, 2020 Electric vehicle (EV) sales are hitting a pandemic speed bump in 2020, but whether it’s a small bump, a big bump or a huge pothole depends on who is doing the forecasting. The projections for the year range from a modest 4.5 percent increase in sales over last year to a 43 percent drop in

Renewable electricity generation set to surpass coal, which continues to decline, in 2020

Energize Weekly, May 20, 2020 Renewable electricity generation is set to surpass coal-fired generation in 2020, as coal continues to slide, having hit a 42-year low in 2019, according to the U.S. Energy Information Administration (EIA). The EIA is projecting a 25 percent drop in coal-fired generation in 2020 and an 11 percent increase in renewable generation, leading to renewables

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