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Fossil fuels share of the global energy mix is ‘just as high as a decade ago’
Jun 23, 2021

Despite the continued wave of renewable energy targets and new climate commitments, a new report suggests fossil fuels still dominate the global energy mix.

The energy mix

The Renewables Global Status report by REN21 suggests that the share of fossil fuels in the total energy mix is just as high as a decade ago. Estimating that fossil fuels had an 80.3% share in the global energy mix in 2009, compared to 80.2% in 2019. With the report suggesting that renewables such as solar and wind make up just 11.2% of the energy mix in 2019, compared to 8.7% in 2009.

Renewable energy targets

The analysis also notes that by 2020, 15 countries of the G20 group did not even have a renewable energy target that covered all sectors including power, transport, heating, cooling and industry.


 It also shows that five G20 countries with renewable energy targets for total final energy consumption barely met their goals last year despite a ‘historic decline’ in energy consumption. With Italy, Germany and the European block reaching their targets whilst France and the UK came a little behind their goals. 

Government action needed 

The REN21 report highlights the need for governments to encourage more renewable development to decarbonise all sectors.


Rana Adib, REN21’s Executive Director, said: “We are waking up to the bitter reality that the climate policy promises over the past ten years have mostly been empty words. The share of fossil fuels in final energy consumption has not moved by an inch."

British Gas Business 

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06 Jul, 2022
Balancing planet and profit during unprecedented market volatility
By Vander Caceres 14 Jun, 2022
Wholesale energy prices have experienced unprecedented levels of volatility since the end of summer 2021, with both day ahead/spot and future contracts surging to all-time highs. In the last couple of months, prices have decreased but still remain high compared to a year ago. This period of high energy prices is expected to continue for the foreseeable future (see next section). Energy prices have surged for a number of reasons: A global increase in gas demand following the ease or end of Covid-related restrictions throughout 2021. After the pandemic, economies across the world started to recover. Asian countries like China saw their imports of Liquified Natural Gas (LNG) increase. This resulted in lower LNG shipments to the UK and Europe. On the supply side, the Covid-19 lockdowns pushed some maintenance work from 2020 into 2021 at a time when demand was recovering. In 2021, gas production hit a record low of 363TWh, 47TWh below the previous record low in 2013. Low production was the result of an extensive summer maintenance schedule which saw shutdowns at several major terminals, as well as the Forties Pipeline System which serves a significant proportion of UK gas and oil production. A lack of wind in the summer resulted in higher demand for conventional power. European gas storage in 2021 and Q1’22 remained far below previous years and it’s unclear how these are going to be replenished in the summer given the concerns around supply including the potential suspension of Russian gas flows due to sanctions. The 1,234km offshore Nord Stream 2 gas pipeline, which was designed to double the flow of gas between Russia and Germany (and by extension the rest of Europe) has been abandoned following the invasion of Ukraine. Gas storage in the UK is extremely minimal with capacity at less than 2% of the UK’s annual demand, compared with 22% for other European countries. Whilst the UK is not heavily reliant on gas coming from Russia, it sources almost half it’s gas supply from Europe. Hence, wholesale gas and power prices in the UK are now subject to knock-on-effects from the conflict in Ukraine.
20 May, 2022
Amidst rising energy costs, digitalisation, growing pressure from stakeholders and increasing regulation, organisations may struggle to define their pathway to a low-carbon future. What can you do to protect your business’ net zero plans from the challenges of volatility? Disruption and volatility are putting organisations under pressure. Digitalisation and new technology developments continue to challenge existing business models. Its increasing dependence on energy and encouraging businesses to drive change to secure competitive advantage. And as customers, employees and shareholders look to engage with companies who understand the importance of decarbonisation, pressure is mounting to prioritise sustainability.
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