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Horizon

Gas Proves Key Driver as Utilities Decarbonize

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Gas-fired electricity is an important driver of significant carbon emissions cuts seen lately by the power industry, according to Energy Intelligence's annual global ranking of the Top 100 green utilities and independent power producers. Companies in the ranking have also added almost 100 gigawatts of new renewable generation last year — more than ever — while keeping their fossil fuel-fired capacity roughly unchanged. Yet the carbon intensity of their electricity output has not been falling as quickly as previous years, due to demand surges from post-Covid-19 recovery plus weather conditions that prevented renewables from being fully utilized. Still, the ranking's overall average CO2 intensity has for the first time fallen just below 400 kilograms per megawatt hour.

Topics:
Utilities, CO2 Emissions, Renewable Electricity , Gas-Fired Electricity
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