{"id":590600,"date":"2023-07-13T09:20:32","date_gmt":"2023-07-13T03:50:32","guid":{"rendered":"https:\/\/infralive.com\/web\/?p=590600"},"modified":"2023-07-13T10:00:59","modified_gmt":"2023-07-13T04:30:59","slug":"fossil-fuel-demand-for-electricity-may-have-peaked-following-res-growth","status":"publish","type":"post","link":"https:\/\/infralive.com\/web\/fossil-fuel-demand-for-electricity-may-have-peaked-following-res-growth\/","title":{"rendered":"Fossil-fuel demand for electricity may have peaked following RE&#8217;s growth"},"content":{"rendered":"<p>The exponential growth of renewable energy is pushing down global electricity prices and helping remove so much carbon from power systems that fossil fuels are no longer economical, and their use has peaked, according to a report. <\/p>\n<p>From China to Europe, the capacities of solar, battery and wind power are surging, the Rocky Mountain Institute said in an analysis released Thursday in conjunction with the Bezos Earth Fund. That means the world\u2019s grid should be able to deliver on its net zero targets by 2030 \u2014 sending the demand for gas, oil and coal into free fall.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The exponential growth of renewable energy is pushing down global electricity prices and helping remove so much carbon from power systems that fossil fuels are no longer economical, and their use has peaked, according to a report. From China to Europe, the capacities of solar, battery and wind power are surging, the Rocky Mountain Institute said in an analysis released Thursday in conjunction with the Bezos Earth Fund. That means the world\u2019s grid should be able to deliver on its net zero targets by 2030 \u2014 sending the demand for gas, oil and coal into free fall.<\/p>\n","protected":false},"author":40,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[135,130,232],"tags":[],"class_list":["post-590600","post","type-post","status-publish","format-standard","hentry","category-business-standard-newspapers","category-newspapers","category-power-business-standard-newspapers"],"acf":[],"_links":{"self":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/590600","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/users\/40"}],"replies":[{"embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/comments?post=590600"}],"version-history":[{"count":0,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/posts\/590600\/revisions"}],"wp:attachment":[{"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/media?parent=590600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/categories?post=590600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/infralive.com\/web\/wp-json\/wp\/v2\/tags?post=590600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}