Total capital expenditure in renewables will rise above $30 billion in the region by 2020, just overtaking investment into exploration and production for oil and natural gas,

The introduction of oxygen energy technologies will allow 3-5 times reduce the price of heat and electricity, which will expand the use of the benefits of electricity to virtually all people on Earth, regardless of their economic condition and their removal from the traditional onnyh energy sources.

The technology of obtaining energy using biogas is simple and cheap. Of course, it also pollutes the environment, but its main problem is the impossibility of generating energy on an industrial scale. This technology is applicable in agriculture on farms, but it is not possible to power a factory, a city or a village from it.

Today the world production of heat, mechanical and electrical energy exceeds 50 trillion. kW / h per year or 5.7 billion kWh per hour. At the same time, more than 80% of the production of all types of energy comes from the burning of fossil fuels - hydrocarbon energy.

We will not talk about hydrocarbon energy - it is expensive, uses limited fuel supplies (oil, gas, coal) and pollutes the environment very much. We consider only three types of electricity generation - nuclear, solar and oxygen.

In line with plans to localise the production of renewable energy in Saudi Arabia as part of its Vision 2030 economic diversification push, seven photovoltaic solar power projects with a capacity of 1.52 GW and worth $1.51bn (SAR5.6bn) were launched on the side-lines of the recently concluded Saudi Elenex exhibition.

Renewables accounted for 9.2% of India’s total power generation in fiscal 2018/19, shows data by the Central Electricity Authority (CEA).

The United States produced a record amount of energy from various sources in 2018, reaching 96 quadrillion British thermal units (quads), an 8% increase from 2017. This increase in production outpaced the 4% increase in U.S. energy consumption, which also reached a record high of 101 quads.

The main conclusion of the study was that reduction targets can be achieved even in a non-technology-specific scenario (Evolution) by using the networks. A GHG reduction of 55% by 2030 and 95% by 2050 (relative to 1990 levels) was achieved for the energy industry, buildings and industry €139 billion cheaper than in a highly regulated approach with electrification by means of heat pumps (Revolution).

Brent spot prices will average $70/b in 2019 and $67/b in 2020, compared with an average of $71/b in 2018.

After nearly two decades of strong annual growth, renewables around the world added as much net capacity in 2018 as they did in 2017, an unexpected flattening of growth trends that raises concerns about meeting long-term climate goals.

The Government is allowing for the Government Pension Fund Global to be invested in unlisted renewable energy infrastructure under the dedicated environmental mandates. Such investments shall be subject to the same profitability and transparency requirements as the other investments of the Fund, says Siv Jensen, Minister of Finance.

Most of the systems in the U.S. were constructed in the 50s and 60s and they had a life expectancy of 50 years. Today, almost all operate at maximum capacity and they are all stretched to the limit. With population growth, spiraling demand, changes in power generation and mandates for the use of clean and renewable energy sources, change must come quickly.

Now, rapidly falling costs for these technologies are boosting global renewable energy capacity. Renewable energy sources can help reduce carbon emissions substantially and the effects of global warming.

Renewable energy sources generated approximately 33 per cent of Great Britain’s electricity over the first quarter of 2019, according to new figures published by energy consultancy EnAppSys, with wind energy accounting for over 60% of renewable generation.