Global fossil fuel demand set to fall from 2020, three centuries after the dawn of the Industrial Revolution Solar panels and electric vehicles are becoming cheaper so quickly that demand for oil and coal will peak in just three years, report predicts Demand for coal and oil will peak in 2020 as the renewable energy revolution gathers pace and undercuts ... Read More »
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Moody’s: India’s substantial growth in renewable energy capacity will challenge fossil fuel operators
Moody’s: India’s substantial growth in renewable energy capacity will challenge fossil fuel operators Moody’s Investors Service says that the rising share of renewables in India’s generation mix – as the country grows substantially its proportion of renewable energy over the next 5-7 years—creates challenges for conventional power generators. This situation will be exacerbated by the fact that Moody’s expects India ... Read More »