Top Tweets for #Coal2Clean
Despite the drop in the wholesale price of gas, economics still favor switching from coal to wind or solar PV plus battery storage. #Coal2Clean #EnergyTransition
More analysis: https://t.co/2RTvGYq1Yu
๐ฉ๐ช Germany's increased coal use is temporary, but the shift to renewables is structural and likely to endure.
From our latest blog: https://t.co/2RTvGYq1Yu
#EnergyTransition #Coal2Clean
Gas prices are volatile. The only certainty is more uncertainty.
But whatever happens with gas prices this year, one thing is clear:
The economics of switching to renewables remain extremely strong. #Coal2Clean
๐ก Interested in tracking the cost of the #Coal2Clean #energytransition?
We've just updated our Coal-to-Clean Price Index to add new data and improve usability:
https://t.co/o5r4K6RuoU
A short thread on the changes we've made and why: ๐ฝ
One of the media highlights from this year was this great piece in the @guardian by @fionaharvey on our #Coal2Clean analysis.
Gas is no longer a viable bridge fuel. ๐
This was shared very widely on social media:
https://t.co/6hXq6oMEK5
New data drop! ๐
We've updated our #Coal2Clean dataset with Nov 2022 data: https://t.co/CiSuCRJHxa
While coal-to-clean is still much cheaper, coal-to-gas is down this month. This is an overdue correction of parabolic commodity prices which were always going to come down.
Gas no longer makes sense as a bridge fuel in the #energytransition. Our data shows it's time to leapfrog straight to clean energy.
Great work from our data scientist Alex Truby giving this presentation on our #Coal2Clean Carbon Price Index: https://t.co/oXwLgc8YiW
Plus, #RenewableEnergy and storage costs are falling.
Our #Coal2Clean Index shows the cost of transitioning from coal to clean in Indonesia has fallen dramatically over the last 10 years.
Retiring coal plants and ramping up RE makes economic sense for Indonesia.
@laurimyllyvirta Absolutely. Our #Coal2Clean tool shows the economics of this as well: gas is no longer a financially viable bridge fuel. Transitioning straight from coal to clean energy is the only way that makes sense.
https://t.co/CiSuCRJHxa
๐ New updated #Coal2Clean data for August 2022:
Even more extreme results than ever for the global average โshowing that gas is not a viable bridge fuel for the #energytransition.
Explore data & methodology: https://t.co/CiSuCRJHxa
NEW #Coal2Clean data for July 2022. The picture looks even more dramatic.
To switch from coal to gas, the carbon price would need to be $339/tC02.
But switching to #renewables+storage needs $-133/tC02. Well below zero = major cost savings.
Data: https://t.co/CiSuCRJHxa
NEW DATA ๐๐ฃ
We've now updated our #Coal2Clean index with new data for June 2022.
The cost of switching from coal to gas is up again this month.
We're updating this tool every month to capture fossil fuel volatility.
https://t.co/CiSuCS1ioI #energytransition
The #G7 is committed to 'fully or predominantly decarbonised electricity systems by 2035'.
'Predominantly' needs to mean 97-98%, for a 1.5C pathway.
Our data shows this is not only possible but makes economic sense. The #Coal2Clean transition can be done at a saving globally.
These reasons together mean the โbridge fuelโ argument for gas has quickly disintegrated. ๐
Explore coal-to-clean & coal-to-gas fuel switch data for the EU here: https://t.co/CiSuCRJHxa #Coal2Clean
EU states should urgently unite around proposals for a clean power boom, argues @paczyzak @EmberClimate & @Pieter_de_Pous @e3g.
As our #Coal2Clean research showed, Europe has huge economic benefits to gain from doubling down on renewables.
https://t.co/L8TiT34GaW #RePowerEU
Today our co-CEO @matthewcgray & analyst Jacqueline Tao are briefing the UK Government's COP26 Unit on the economics of the transition to clean energy.
๐ก We're very excited to share insights from our #Coal2Clean analysis with BEIS and the Cabinet Office.
Brilliant video by Just Have a Think explaining our latest analysis & why it's now cheaper to switch from coal to clean renewables, bypassing gas.
๐บWatch the 12 min video: https://t.co/JvvF6QNQqJ #Coal2Clean
@drvolts Hi David, thanks so much for sharing our #Coal2Clean analysis!
Our team are big fans of your work.
Countries vary widely on what #carbonprice is needed to replace coal with renewable energy & battery storage, due to factors on both the supply side & demand side.
๐งตHere's a short thread with regional examples.
1/6 #Coal2Clean
As the @WMO #StateOfClimate report illustrates, the #EnergyTransition away from fossil fuels is more urgent than ever.
Fortunately, our analysis finds the transition from coal to renewables can now be done at a cost saving globally. There is nothing to lose. #Coal2Clean
Four key #ClimateChange indicators โ greenhouse gas concentrations, sea level rise, ocean heat and ocean acidification โ set new records in 2021. #StateOfClimate
More๐https://t.co/SR7bhQo3YQ
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