In 2020, coal production in the U.S. declined 24% year over year accounting for the lowest coal production since 1965 (per . Electricity generated from renewables has been growing and surpassed generation from coal in 2020. President Biden has set a target to install...
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Developments in the HVDC market in 2020
The imposition of global lockdowns to curtail the spread of pandemic in 2020 significantly reduced the electricity demand. According to International Energy Agency (IEA), electricity demand dropped 2% making it the largest drop in demand in the last 50 years and far...
Climate worries pushing manufacturers away from Coal
Globally there is a growing consensus to move towards less carbon intensive power generation in a bid to tackle pollution and environmental concerns. This consensus is reflected in the decline[SS1] [KM2] of coal consumption in 2019, although there are disparities...